Pasadena CA Real Estate

San Marino's real estate prices have always been driven by their top rated public schools, a small knit community and close proximity to Pasadena and downtown LA.  As expected, San Marino real estate activity has stayed strong even in the down market and as Pasadena's real estate started picking up, San Marino housing market immedicately followed.

Inventory of homes remained pretty much the same last month, but the sales activity has picked up significantly and so did the price per square foot that home buyers are willing to pay.  Take a look at the data below.

 

San Marino Real Estate Statistics for February through May 2009:

 

Single Family Residence	Feb-09	Mar-09	Apr-09	May-09
New Listings	13	18	14	15
Total Listings	30	38	35	39
Sales Pending	4	9	12	16
Homes Sold	4	1	10	14
Listings Expired	1	6	4	5
Average Days on the Market	126	29	67	49
Average Price Per Sq. Ft.	$631	$521	$526	$585
Median Selling Price	$2,049,000	$1,738,000	$1,477,500	$1,649,000
Average Selling Price	$2,147,333	$1,738,000	$1,710,300	$1,863,057
Absorption Rate (# of weeks to sell current inventory at present rate of sales)	32.5	164.7	15	15

Search all San Marino homes for sale - live feed from the Multiple Listing Service below:

For more property detail, please visit San Marino Homes for Sale post.

READ MORE:

San Marino City Guide

South Pasadena City Guide

Altadena Foreclosures List

Burbank Foreclosure Home List

Pasadena Foreclosure Home List

South Pasadena Foreclosure Home List

 

If you are thinking of buying or selling your San Marino home, please give us a call for a comprehensive and free consultation. We can be reached at 626-204-3340.

IRINA NETCHAEV & ASSOCIATES

Pasadena Real Estate Agents

445 South Fair Oaks Avenue

Pasadena, CA 91105

(626)204-3340

 

http://www.pasadenacarealestatehomes.com/009845

 

Check back here often to see all Pasadena real estate foreclosure listings.  This feed is straight from the MLS (Multiple Listing Service) and updates as new Pasadena property foreclosure is available.

For detailed property information, please visit Pasadena foreclosure list - REO for sale.

RELATED POSTS:

Altadena Foreclosures List

Burbank Foreclosure Home List

South Pasadena Foreclosure Home List

 

If you are interested in seeing any of these Pasadena foreclosures, please give us a call, we'll be happy to set up an appointment to show them to you.

 

IRINA NETCHAEV & ASSOCIATES

Pasadena Real Estate Agents

445 South Fair Oaks Avenue

Pasadena, CA 91105

(626)204-3340

 

 

http://www.pasadenacarealestatehomes.com/0097F4

Here's the latest "Dusty Deals^TM" list for South Pasadena, California.

What is a "Dusty Deals™" list? It is a list of homes for sale in South Pasadena including homes, condos and townhomes that have been on the market for over 100 days. Are all of these great deals? Not necessarily. BUT, the seller has been actively marketing their homes for a very long time and is probably ready to deal.

 

Why are these homes on the market still? The most likely reason is that they were overpriced to begin with. The first few weeks of marketing a home for sale are the most critical weeks for any seller. If the property is overpriced, or not marketed correctly, it gets stale. Local real estate agents ignore these homes and avoid showing them to their buyers.

Potential home buyers look these homes up on the internet or receive property listings from their real estate agents from the Multiple Listing Service, but wonder what is wrong with them since they didn't sell. My take on this is, if you are looking for a deal, these homes are the best place to start. Why? Home sellers are tired of showing their homes and most are ready to NEGOTIATE their price and SELL!

 

South Pasadena Homes Dusty Deals™

Address	BR	BA	List Price	Current Price	$/Sq. Ft.	MLS#	DOM
1908 Mission St South Pasadena, CA 91030	4	2	$899,999	$899,999	$387	12113505	363
1823 Gillette Crst South Pasadena, CA 91030	2	1	$550,000	$550,000	$551	12114774	465
851 LYNDON St South Pasadena, CA 91030	4	5	$2,995,000	$2,995,000	$656	22116516	243
1231 Blair Ave South Pasadena, CA 91030	3	3	$1,499,000	$1,499,000	$354	22117152	227
1133 Buena Vista St South Pasadena, CA 91030	7	7	$2,950,000	$2,950,000	$393	22117495	221
401 Alta Vista Ave South Pasadena, CA 91030	3	1	$529,000	$529,000	$470	22117573	123
1112 Glendon Ct South Pasadena, CA 91030	5	2	$699,000	$699,000	$444	22118207	200
401 Alta Vista Ave South Pasadena, CA 91030	3	1	$529,000	$529,000	$470	645777675	296
514 Orange Grove Ave South Pasadena, CA 91030	4	3	$2,500,000	$2,500,000	$709	645223426	180
1823 Gillette South Pasadena, CA 91030	2	1	$550,000	$550,000	$551	644876519	466
1129 Foothill St South Pasadena 91030-1719	3	2	$595,000	$595,000	$329	645761255	138
1038 Magnolia St South Pasadena, CA 91030	6	7	$1,295,000	$1,295,000	$413	22120591	458
1030 Buena Vista St South Pasadena, CA 91030	3	4	$1,995,000	$1,995,000	$538	22121386	107
2045 Monterey Rd South Pasadena, CA 91030-3937	7	6	$3,600,000	$3,600,000	$656	22121421	106
1993 La Fremontia St South Pasadena, CA 91030	4	4	$1,275,000	$1,275,000	$418	22121525	102

South Pasadena Condos Dusty Deals™

Address	BR	BA	List Price	Current Price	$/Sq. Ft.	HOA	MLS#	DOM
402 EL CENTRO St #5 South Pasadena, CA 91030	3	3	$540,000	$540,000	$307	508	12115616	263
6221 E Monterey Rd Los Angeles, CA 90042	2	2	$450,000	$450,000	$298	255	645157387	203
1946 Huntington Dr South Pasadena, CA 91030-4959	2	3	$529,800	$529,800	$321	300	645754434	955
402 El Centro St #5 South Pasadena 91030-3054	3	3	$540,000	$540,000	$307	505	644807740	267
1130 Huntington Dr #B South Pasadena, CA 91030	2	3	$499,999	$499,999	$348	170	637791054	136
647 Orange Grove Ave #206 South Pasadena, CA 91030	2	2	$388,883	$388,883	$318	331	22120880	120
1203 Huntington Drive South Pasadena, CA 91030	3	3	$659,000	$659,000	$420	193	643430893	114
812 Fremont Ave #306 South Pasadena, CA 91030	1	2	$611,000	$611,000	$510	364	644963713	110

List extracted from the Multiple Listing Service (ITEC)

I have previewed some of these South Pasadena condos over the last few weeks and have to tell you that they were in terrible shape. Unkept and not clean, smelly and unpleasant to walk through. If you can see beyond that, this might be an opportunity.

All South Pasadena homes and condos for sale on the real estate market today:

For South Pasadena Property details, please visit South Pasadena homes for sale and South Pasadena conods for sale.

 

If you are thinking of buying a South Pasadena home, South Pasadena condo or townhome, please give us a call for a comprehensive and free consultation. We can be reached at 626-204-3340.

IRINA NETCHAEV & ASSOCIATES

Pasadena Real Estate Agents

445 South Fair Oaks Avenue

Pasadena, CA 91105

(626)204-3340

 

 

http://www.pasadenacarealestatehomes.com/0097EE

I visited new condos built on Lake Avenue with a client yesterday.  We were looking to buy newly built condo in Pasadena under $400,000.  I have to say that once again, I was very impressed with the condos at Lake@Walnut. 

The building itself is wonderful.  Plenty of open space and fresh air corridors.  Outdoor patio seating area allows residents to mingle and spend time with family and friends.  The club room is beautifully appointed and inviting.

 

New construction in Pasadena is so rare that this condo development is a breath of fresh air.  Seriously... each new condo comes with beautiful Kitchen Aid Stainless Steel appliances including a refrigerator.  The developer is also offering Whirlpool Duet or Duet Sport washer and dryer.  Custom flloring and window coverings are part of the purchase price. 

 

There unit mix is 50% 1 bedroom condos and 50% 2 bedroom condos with some live/work spaces mixed in. There are 9 different models or as Lake@Walnut developer refers to them "residences" to choose from and 2 live/work floor plans to choose from.

 

I looked at two 1-bedroom condos that were available for sale on the 4th floor.  The views were spectacular facing South Lake giving you an ultimate urban feel.  Each one of the units was close to 1,000 sq. ft. of living space.  One condo was available for only $352,000 and the other for $362,000 - remember this is brand new construction!  The HOA (Home Owner Association) dues were in the low $200s.

 

In my opinion, this is one of the best buys if you are looking for newly built condos in Pasadena. Prices for 2 bedroom condos range in the $500,000 to $600,000 range.

If you are interested in more information or would like to visit the show room to look at the models, please call me at 626-627-7107 or email me at Irina@PasadenaViews.com.  As nice as the sales staff at Lake@Walnut is, you really need to have your own buyer representation - an advocate who will work for you and ensure that you get the best possible service, attention and all the perks that the developer offers. 

The developer insists that your first visit is with a real estate agent so that you are registered and represented.  Otherwise, the sales staff representing the developer will be working with you.

Compare that with the only 1 bedroom condos available for sale right now in Pasadena:

Address	Price	Sq. Ft.	Year Built
101 W Howard St Pasadena, CA 91103	$499,900	670	1914
461 N Garfield Ave Pasadena, CA 91101	$142,900	636	1901
771 N Garfield Ave Pasadena 91104-4216	$425,000	1380	1900
1462 N Catalina Ave Pasadena, CA 91104	$349,000	744	1922
1809 N Los Robles Ave Pasadena, CA 91104	$375,000	464	1908
1395 El Sereno Ave Pasadena, CA 91103	$215,000	812	1923
459 N Mar Vista Ave Pasadena 91106-1122	$269,900	695	1923

READ MORE:  Get your share of $100 million in tax credits from the State of California

See a sampling of Lake@Walnut condos for sale:

 

 

For more property details, please visit New Construction in Pasadena - Lake@Walnut

Other relatively new developements in Pasadena can be seen below:

 

For additional property information on these newly built condos, please visit new construction in Pasadena - condos for sale.  This list includes all the newly built Pasadena condos, not just 1 bedrooms.

 

If you are thinking of buying or selling a Pasadena home, Pasadena condo or townhome, please give us a call for a comprehensive and free consultation.  We can be reached at 626-204-3340.

 

IRINA NETCHAEV & ASSOCIATES

Pasadena Real Estate Agents

445 South Fair Oaks Avenue

Pasadena, CA 91105

(626)204-3340

 

 

 

http://www.pasadenacarealestatehomes.com/009731

South Pasadena's inventory of new homes for sale is on the decline.  With only 9 new homes on the real estate market and 5 condos and townhomes, it's no wonder that this month's Dusty Deals™ list is so minimal.

Dusty Deals™ is a name that I've given to homes for sale that have been marketed for over 100 days.  Are all of these great deals? Not necessarily. BUT, the sellers have been actively marketing their homes for a very long time and is probably ready to deal.

Why are these homes on the market still? The most likely reason is that they were overpriced to begin with. The first few weeks of marketing a home for sale are the most critical weeks for any seller. If the property is overpriced, or not marketed correctly, it gets stale. Local real estate agents ignore these homes and avoid showing them to their buyers.

Potential home buyers look these homes up on the internet or receive property listings from their real estate agents from the Multiple Listing Service, but wonder what is wrong with them since they didn't sell. My take on this is, if you are looking for a deal, these homes are the best place to start. Why? Home sellers are tired of showing their homes and most are ready to NEGOTIATE their price and SELL!

So without further ado, here's the very minimal Dusty Deals™ list for South Pasadena.  Please note that there are no Single Family Homes on the market for over 100 days, only a few South Pasadena condos.

South Pasadena's Dusty Deals™ for April 2009:

Address	BR	BA	Original Price	Current Price	Price /SqFt	HOA	MLS#
1810 Ramona Ave #26 South Pasadena, CA 91030	2	2	$380,000	$380,000	$292	$432	12114812
1035 Arroyo Verde Rd #D South Pasadena, CA 91030	3	3	$430,000	$430,000	$382	$150	640030215
6221 E Monterey Rd Los Angeles, CA 90042	2	2	$450,000	$450,000	$298	$255	642284967
1130 Huntington Dr #B South Pasadena, CA 91030	2	3	$499,999	$499,999	$348	$170	637791054
1946 Huntington Dr South Pasadena, CA 91030-4959	2	3	$529,800	$529,800	$321	$300	642313552
402 El Centro St #5 South Pasadena 91030-3054	3	3	$592,500	$592,500	$337	$505	642295205

List extracted from the Multiple Listing Service (ITEC)

 

I have previewed a few of these South Pasadena condos over the last few days and have to tell you that they were in terrible shape.  Unkept and not clean, smelly and unpleasant to walk through.  If you can see beyond that, this might be an opportunity.

All South Pasadena homes and condos for sale on the real estate market today:

 

For South Pasadena Property details, please visit South Pasadena homes for sale and South Pasadena conods for sale.

 

If you are thinking of buying a South Pasadena home, South Pasadena condo or townhome, please give us a call for a comprehensive and free consultation. We can be reached at 626-204-3340.

 

IRINA NETCHAEV & ASSOCIATES

Pasadena Real Estate Agents

445 South Fair Oaks Avenue

Pasadena, CA 91105

(626)204-3340

 

 

 

http://www.pasadenacarealestatehomes.com/0096BE