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South Pasadena Condo for Sale – Incredible Value, Top South Pasadena School District

South Pasadena Condo for Sale – Incredible Value, Top South Pasadena School District

This South Pasadena condo will be available for sale this coming Thursday, July 30th 2009. Open house is on Thursday from 10 am to 2 pm and Sunday from 1 pm to 4 pm.

If you have been looking to buy your first home in South Pasadena, this condo is for you. It is priced for a quick sale and offers great schools for your kids.

This is a short sale and needs bank approval.

Contact Irina Netchaev & Associates, your South Pasadena real estate agents for more information at 626-204-3340.

READ MORE:

South Pasadena City Guide

Pasadena Real Estate Guide

Incredible Value in South Pasadena

1801 Fair Oaks Avenue #F, South Pasadena, CA 91030 View Map

A cozy, bright unit in a well maintained building with wood floors and large windows throughout. Situated in the back of the complex on the ground floor and offering a quiet garden like setting. A wonderful opportunity to buy a condo with South Pasadena schools. Complex has a pool and shared laundry area. 1 car port parking space and additional storage space.

Details

Asking Price:
$225,000
22127874
Sq. Feet:
768
Bedrooms:
2
Bathrooms:
1
# of Floors:
1
HOA/Maintenance Fees:
$220
Garage Size:
1 carport
Year Built:
1953

Property Amenities

      – Range/Oven
    – Sink Disposal
      – Full Refrigerator
    – Hardwood floors
    – Laundry area – garage

Community Amenities

    – Covered parking
    – Swimming Pool(s)

Contact Info

Irina Netchaev

Broker Associate

 

Cell 626.627.7107

Dir 626.629.8439

Email | Website


All information is deemed reliable but is not guaranteed.

»crosslinked«

Posted on July 28th, 2009
Posted by: Irina Netchaev

No Comments »

Foreclosed Homes in South Pasadena – South Pasadena Real Estate – REOs for South Pasadena Homes, Condos and Townhomes

Foreclosed Homes in South Pasadena – South Pasadena Real Estate – REOs for South Pasadena Homes, Condos and Townhomes

Live Multiple Listing feed of all available South Pasadena foreclosures (bank owned homes):

For more property and real estate information, please visit South Pasadena Home Foreclosures List

If you are interested in seeing any of these South 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

Pasadena, California

(626)629-8439

Posted on June 5th, 2009
Posted by: Irina Netchaev

No Comments »

Is my Pasadena Home being reviewed for a Decline In Value by the Tax Assessor?

Is my Pasadena Home being reviewed for a Decline In Value by the Tax Assessor?

Home values in Pasadena California have declined over the last year and a half.  We started seeing home price decreases in 2007 and they have continued through 2008, but if you own a home or condo in Pasadena, you still wrote a healthy check to the Los Angeles County Tax Assessor for your bi-annual taxes which were due on April 10th.

READ MORE:  Pasadena Real Estate Housing Analysis for the Last 5 years (2003 to 2008)

I wrote about the tax assessor proactively re-evaluating properties which were purchased between July 1, 2004 and June 30th, 2007. Now, the LA County Tax Assessor has made it even easier to find out if your home property taxes are under review.

If you click on the link below, it will take you to a page where you will be able to enter your home’s property tax identification or AIN number OR type in your Pasadena home address to see if your property’s tax status is under review due to the “decline in value”.

PROPERTY TAX “DECLINE-IN-VALUE” REVIEW BY THE TAX ASSESSOR

You can also check the status of your application if you submitted one for reassessment by entering your street address or Assessor Identification Number.

You can also see if your property automatically qualifies for a decline-in-value review under either one of the following conditions:

  • The property is a single-family home or condominium purchased between July 01, 2003 (2000 in some areas based on economic conditions) and June 30, 2008.
  • A property is subject to annual review of a temporary decline-in-value reassessment granted for the prior assessment year (2008).

Pasadena home owners of properties other than single-family or condominium (residential-income and commercial/industrial for example) may file a decline-in-value APPLICATION on or before December 31, 2009.
While you may check and monitor the status of a potential or existing decline-in-value review, the details of this review can be obtained by contacting your Los Angeles County District Office.

ALSO READ: Property Tax Increases on your Pasadena Home

How are Property Taxes calculated in Pasadena California

Get your Property Reassessed by the LA County Tax Assessor



To see what Pasadena homes are selling for right now or to start your Pasadena home search, see our Pasadena Homes for Sale site.

For more information on the current health of Pasadena’s real estate market, please visit Pasadena Real Estate Housing Reporting and Statistics site.

Posted on April 15th, 2009
Posted by: Irina Netchaev

5 Comments »

South Pasadena Real Estate Analysis – 2003-2008 housing review

South Pasadena Real Estate Analysis – 2003-2008 housing review

South Pasadena real estate has experienced an amazing five years of growth and 2008 has proven that values for South Pasadena homes are holding fairly steady while adjacent cities are seeing declines.

Single family homes in South Pasadena fared much better than condos and townhomes, but overall the real estate market held.

Read More:  South Pasadena Real Estate Market Report for December 2008

San Marino, adjacent to South Pasadena, another very affluent city has done extremely well in 2008 as well.  With San Marino property values declining just slightly from an already high numbers of previous years.

Read More:  San Marino Real Estate Analsyis – Five Years in Review

Here are the statistics for your review (analysis is below this chart):

 

SOUTH PASADENA 2003 2004 2005 2006 2007 2008
SFR
# of Units Sold 255 180 179 185 145 79
Ave List Price/Sq.Ft. $344 $401 $481 $510 $518 $524
Ave Sold Price/Sq.Ft. $344 $415 $488 $513 $517 $510
Ave List Price $656,128 $796,551 $937,169 $1,037,107 $1,023,445 $1,152,025
Ave Sales Price $646,771 $819,416 $957,034 $1,042,387 $1,017,776 $1,095,100
% of Sold to List 98.6% 102.9% 102.1% 100.5% 99.4% 95.1%
Ave # of Days on the Market 37 34 32 42 44 81
SOUTH PASADENA 2003 2004 2005 2006 2007 2008
Condo/Townhomes
# of Units Sold 54 71 76 65 55 30
Ave List Price/Sq.Ft. $252 $314 $399 $426 $431 $399
Ave Sold Price/Sq.Ft. $252 $317 $404 $422 $429 $390
Ave List Price $338,313 $404,019 $477,004 $560,290 $607,253 $550,240
Ave Sales Price $337,435 $407,825 $483,327 $554,302 $602,763 $537,503
% of Sold to List 99.7% 100.9% 101.3% 98.9% 99.3% 97.7%
Ave # of Days on the Market 21 27 25 38 60 95

 

Data gathered from ITEC (Pasadena Foothill Association Multiple Listing Service)
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Here’re my thoughts and observations on the data for South Pasadena’s last 5 years in real estate:

  • The volume of units for both Single Family Residences (SFR) and Condos and Townhomes was drastically lower in 2008 compared to previous years.  South Pasadena volume of sold homes dropped almost 50% from 2007.
  • Price per square foot of sold homes remained pretty much stable and ended the year at $510 per sq. ft. That is only 1.4% lower than the selling price per square foot in 2007.
  • Condo and townhomes didn’t do as well as single family homes and the price per square foot dropped 9.1%, but has been dropping each month in the 4th quarter of 2008.  December closed at $346 per sq. ft.
  • Last quarter of 2008 has been tough for both South Pasadena homes, condos and townhomes, with prices moving below the average sold prices for 2008.  Take a look at December 2008 South Pasadena Statistics.
  • It is taking longer to market and sell South Pasadena real estate.

How will South Pasadena real estate market do in 2009?

  • South Pasadena home prices will move down a bit more in 2009 especially for condos and townhomes.
  • Inventory of homes for sale will increase due to additional short sales and foreclosures on the market.
  • Homes will stay on the market longer due to lenders tightening of funds.
  • South Pasadena home buyers will need to come up with more cash: conforming rate limit dropped to $625,000 and 2nd Trust Deeds will be more difficult to get and will be a lot more expensive.
  • South Pasadena schools will continue to be the #1 driving force for home sales in South Pasadena.

Read more: South Pasadena City Guide

If you have questions about any of the data listed above or would like a private consultation to sell or purchase your South Pasadena home, please call Irina Netchaev at 626-627-7107.

Posted on January 7th, 2009
Posted by: Irina Netchaev

No Comments »

South Pasadena Dusty Deals: December 2008

South Pasadena Dusty Deals: December 2008

As a real estate agent working in and around South Padena California, I am constantly getting phone calls from buyers looking for great deals and information on the latest real estate prices.

If you are looking for a real estate deal, you came to the right place. I will be posting my “Dusty Deals” by area on a monthly basis right here for your review.

What is a “Dusty Deal” list? It is a list of homes for sale in 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, but wonder what is wrong with these homes 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!

For a complete list of dusty deals for Decemberhomes for sale in Arcadia, Alhambra, Altadena, Burbank, Eagle Rock, Highland Park, La Canada Flintridge, Monrovia and Monterey Hills, please visit – Dusty Deals for December 2008  With the inventory of homes being at a record high, you’ll need to scroll down to find the city that you’re interested in.  It’s a very long post.

If there’s a particular city that you’re interested in getting a list for, please leave a comment and I’ll make sure that I include it in future posts.

So here’s a list of homes for sale in South Pasadena California that have been on the market for over 100 days:

Address Bed Bath Price Price/Per Sq.Ft. HOA MLS#
206 Warwick Ave South Pasadena, CA 91030-3519 3 2 $1,000,000 $433 $0 12087461
419 Camino Verde South Pasadena, CA 91030 5 3 $1,298,000 $386 $0 22106641
1010 Sycamore Ave #315 South Pasadena, CA 91030 1 1 $599,000 $516 $277 22111462
1128 Garfield Ave South Pasadena, CA 91030 5 3 $1,879,000 $538 $0 22111824
1908 Mission St South Pasadena, CA 91030 4 2 $999,000 $429 $0 12113505
760 Bonita Dr South Pasadena, CA 91030 3 2 $749,000 $571 $0 22113742
1823 Gillette Crst South Pasadena, CA 91030 2 1 $550,000 $551 $0 12114774
1810 Ramona Ave #26 South Pasadena, CA 91030 2 2 $425,000 $326 $432 12114812
402 EL CENTRO St #5 South Pasadena, CA 91030 3 3 $599,000 $341 $508 12115616
803 Oneonta Dr South Pasadena, CA 91030-4330 4 3 $1,100,000 $412 $0 628180319
1800 Meridian Ave South Pasadena, CA 91030 2 1 $474,900 $456 $0 630101272
1035 Arroyo Verde Rd #D South Pasadena, CA 91030 3 3 $460,000 $409 $150 628180898

Dusty Deals list for November 08 – Pasadena, San Marino, Alhambra, Altadena, South Pasadena, Arcadia, Monrovia, and Sierra Madre

Dusty Deals list for September 08 – Pasadena, San Marino, Alhambra, Altadena, South Pasadena, Arcadia, Monrovia, Sierra Madre, Monrovia

Dusty Deals List for August 08 – Pasadena, Alhambra, South Pasadena, Monterey Hills, Altadena, Sierra Madre, Arcadia, Monrovia and San Marino

As you’re going through the list, please look at the last column titled DOM (Days on the Market). This will tell you how many days these homes have been on the market.

Are you looking to buy a home in South Pasadena California? We are happy to give you all the information that might help you with your home purchase.  Please call us at  626-629-8439  or email Irina at Irina@Irina4RealEstate.com.

CLICK HERE FOR A LIST OF ALL SOUTH PASADENA HOMES FOR SALE (Single Family Residences)

CLICK HERE FOR A LIST OF ALL SOUTH PASADENA CONDOS AND TOWNHOMES FOR SALE

Posted on December 18th, 2008
Posted by: Irina Netchaev

No Comments »

South Pasadena – Horse-drawn Carriage Rides

South Pasadena – Horse-drawn Carriage Rides

If you’re in South Pasadena and happen to be around the Gold Line station on Mission Drive, try to catch one of these special horse-drawn carriage rides.  If you’re lucky, Santa will be on hand to greet you as well!

 

 

 

Of course, don’t forget to stop by Heirloom Bakery to pick up a loaf of bread and their one of a kind Hostess cupcakes. They just can’t be beat. Careful… very addicting!

Have you been to Heirloom?  What’s your favorite cupcake?

Posted on December 15th, 2008
Posted in South Pasadena
Posted by: Irina Netchaev

No Comments »

South Pasadena California Real Estate Market Update

South Pasadena California Real Estate Market Update

Every month, I provide a detailed review and analysis of South Pasadena housing market activity on our sister real estate site.   The entire report with statitistics for September through November 2008 for South Pasadena can be found at http://www.pasadenacarealestatehomes.com/south-pasadena-real-estate-market-report-november-2008.

Here’s the overview of the commentary on the state of South Pasadena Real Estate Market for November 2008

:

The number of single family homes sold in South Pasadena in November almost doubled from the previous several months, while the inventory of available South Pasadena homes for sale remains the same. This drives the absorption rate down quite drastically from almost 30 weeks on the market to sell existing inventory of homes to approximately 19 weeks should the rate of sales remain the same.

Usually, December is a slow month for real estate buyers and sellers. Everyone is focused on shopping for the holidays and their upcoming vacations. Having said that, it’s important to note that the home buyers who are looking are very serious shoppers with very specific requirements.

Potential South Pasadena sellers also need to keep in mind that the banks are sitting on a lot of foreclosures through the end of the year because it makes their “accounting” books look better. As soon as the 1st of the year rolls around, I believe that we’ll see an increase in inventory at significantly lower prices since banks will be looking to unload their REOs (Real Estate Owned property). If you have a South Pasadena home that you are considering selling, do not wait too long because we do not know what the 1st quarter of 2009 will bring.

South Pasadena home buyers are already getting some pretty good deals with the price per square foot for sold homes hitting a low of $462 and condos and townhomes selling in the high $300 per square foot.

There is also quite a bit of discrepancy between the price per square foot of South Pasadena homes on the market – $518 – and the price per square foot of the homes sold – $463 – which would explain why the South Pasadena active home listings are staying on the market for an average of 137 days. That is over four months. South Pasadena need to track these statistics carefully to ensure that they are not chasing the market down.

Read also: Staying Sane in an Insane Buyer’s Market

One South Pasadena home situated in the Marengo Estates area located at 838 Milan, South Pasadena, sold with multiple offers $200,000 over asking at $1,150,000. This is a prime example of great pricing and marketing.

Lowest priced South Pasadena home on the market in November was at 1108 Foothill Street – a 2 bedroom and 1 bath cottage – listed at $439,000.

Highest priced South Pasadena home on the market in November was at 1133 Buena Vista Street – a 7,500 sq. ft. estate – listed at $3,600,000.

Altos Research, one of the premier real estate statistics tracking companies in the nation, has this to say about South Pasadena:

The Market Action Index for South Pasadena has been trending down lately, indicating demand falling along with supply. Conditions point to mildly negative trends for the South Pasadena real estate market.

South Pasadena market action index

Read More: South Pasadena City Guide – relocation guide for South Pasadena

If you are interested in a list of foreclosures in South Pasadena and Surrounding cities, click on this San Gabriel Valley Foreclosure link.

Interested in more information about Pasadena and surrounding cities, check out our City Guides below:

Alhambra City Guide

Altadena City Guide

Arcadia City Guide

Eagle Rock City Guide

Monterey Hills City Guide

Pasadena City Guide

San Gabriel City Guide

San Marino City Guide

Sierra Madre City Guide

South Pasadena City Guide

And, if you are interested in fun activities to do in Pasadena, take a look at our 365 Things To Do in Pasadena® page.


Thinking of selling your Pasadena area home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Irina Netchaev at (626) 629-8439 to discuss what is happening in today’s Pasadena Real Estate Market.

Posted on December 13th, 2008
Posted by: Irina Netchaev

No Comments »

South Pasadena Real Estate Dusty Deals – November 2008

South Pasadena Real Estate Dusty Deals – November 2008

As a real estate agent working in and around Pasadena California, I am constantly getting phone calls from buyers looking for great deals and information on the latest real estate prices.

If you are looking for a real estate deal, you came to the right place. I will be posting my “Dusty Deals” by area on a monthly basis right here for your review.

What is a “Dusty Deal” list? It is a list of homes for sale in 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, but wonder what is wrong with these homes 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!

For a complete list of dusty deals for Novemberhomes for sale in Arcadia, Alhambra, Altadena, Burbank, Eagle Rock, Highland Park, La Canada Flintridge, Monrovia and Monterey Hills, please visit – Dusty Deals for November 2008  With the inventory of homes being at a record high, you’ll need to scroll down to find the city that you’re interested in.  It’s a very long post.

If there’s a particular city that you’re interested in getting a list for, please leave a comment and I’ll make sure that I include it in future posts.

So here’s a list of homes for sale in South Pasadena California that have been on the market for over 100 days:

Address BR BA Price Price/Sq.Ft. MLS # DOM
501 Fremont Ln South Pasadena, CA 91030 2 1 649,000 694.86 22110960 103
1520 Oneonta Knl South Pasadena, CA 91030 2 2 785,000 476.62 22105999 25
1836 Peterson Ave South Pasadena, CA 91030 3 2 799,000 360.56 22106514 194
1238 Kolle Ave South Pasadena, CA 91030 4 3 829,000 454.5 22109269 134
612 Indiana Ter South Pasadena, CA 91030 3 2 829,000 534.84 22110679 108
297 Camino Del Sol South Pasadena, CA 91030 3 2 948,800 523.04 22108186 159
1412 Maple St South Pasadena, CA 91030 3 2 978,800 602.71 22109164 134
206 Warwick Ave South Pasadena, CA 91030-3519 3 2 1,000,000 433.28 12087461 198
1701 Hanscom Dr South Pasadena, CA 91030 4 3 1,198,000 526.83 22108970 142
419 Camino Verde South Pasadena, CA 91030 5 3 1,298,000 386.08 22106641 180
359 Alta Vista Ave South Pasadena, CA 91030 5 4 1,778,000 447.75 22110831 98

Dusty Deals list for September 08 – Pasadena, San Marino, Alhambra, Altadena, South Pasadena, Arcadia, Monrovia, Sierra Madre, Monrovia

Dusty Deals List for August 08 – Pasadena, Alhambra, South Pasadena, Monterey Hills, Altadena, Sierra Madre, Arcadia, Monrovia and San Marino

As you’re going through the list, please look at the last column titled DOM (Days on the Market). This will tell you how many days these homes have been on the market.

Are you looking to buy a home in South Pasadena California? We are happy to give you all the information that might help you with your home purchase.  Please call us at  626-204-3340  or email Irina at Irina@Irina4RealEstate.com.

Posted on November 12th, 2008
Posted by: Irina Netchaev

No Comments »

South Pasadena Real Estate Market and Housing Report – September 2008

South Pasadena Real Estate Market and Housing Report – September 2008

The inventory of South Pasadena homes for sale has increased in Septtember mostly because of homes falling out of escrow last month.  The number of newly listed homes has remained consistently at around 10 a month.  Even though the average # of days of sold South Pasadena homes is running a bit over 2 months, the homes that are currently available for sale have been on the market for over 3 months, an average of 107 days.

Most South Pasadena homes sold last month were closed at 8% below asking price.  Only one home sold over asking price at 822 Arroyo Drive.  It was originally priced at $699,000 and closed escrow at $715,000.

It will take over 28 weeks to sell the South Pasadena home inventory given no additional listings and the same rate of sale as in September.

The lowest priced home in South Pasadena is at 1800 Meridian Avenue – $474,900. 

The highest priced home in South Pasadena is at 851 Lyndon Street – $3,450,000.

Condos and townhouse sales in South Pasadena have remained pretty flat with no major changes from last month.

The lowest priced condo for sale in South Pasadena is at 116 marmion Way #10 – $339,000

The highest priced townhome for sale in South Pasadena is at 1907 Leman Street – $829,000

South Pasadena Real Estate Market Statistics for June through September 2008:

Single Family Residence Jun-08 Jul-08 Aug-08 Sep-08
New Listings 10 11 8 10
Total Listings 38 24 26 33
Sales Pending 9 14 1 9
Homes Sold  14 8 11 5
Listings Expired 6 4 3 3
Average Days on the Market  93 39 119 68
Average Price Per Sq. Ft. $532 $607 $483 $499
Average Selling Price $1,579,714 $1,525,000 $795,273 $1,145,178
Absorption Rate (# of weeks to sell current inventory at present rate of sales) 11.8 13.0 10.2 28.6
         
Condos and Townhomes Jun-08 Jul-08 Aug-08 Sep-08
New Listings 8 10 3 6
Total Listings 19 21 15 18
Sales Pending 2 5 1 5
Homes Sold  2 1 3 5
Listings Expired 1 9 4 5
Average Days on the Market  95 147 77 111
Average Price Per Sq. Ft. $402 $331 $352 $397
Average Selling Price $635,944 $418,000 $561,000 $637,200
Absorption Rate (# of weeks to sell current inventory at present rate of sales) 41.2 91.0 21.7 15.6

 

Real estate data based on information from ITEC (Pasadena Foothills Association MLS service)

South Pasadena real estate market activity with real time updated data can be found on Pasadena California Real Estate Blog’s How is the Real estate Market tab.  These South Pasadena real estate housing reports are gathered and updated by Altos Research and will be emailed to you with my compliments.

Posted by Irina Netchaev, Pasadena Real Estate Agent.

Posted on October 6th, 2008
Posted by: Irina Netchaev

No Comments »

South Pasadena Real Estate Market Housing Report – August 2008

South Pasadena Real Estate Market Housing Report – August 2008

Single Family Home Sales in South Pasadena for the month of August 2008 sold at 96.34% of their original listing price.  Even though more South Pasadena homes sold in August vs. July, the average price point was significantly lower in August.  The average sales price of South Pasadena homes in August is also significantly lower than the average sales price for active listings – homes currently for sale in South Pasadena.  The average priced home for sale in South Pasadena for August was $1,067,621 vs. average sold price of $795,273.  Interestingly enough, the price per square foot for South Pasadena homes on the market in August is $499.30 tracking closer to the average sold price per square foot ($483) for the same time period.  Buyers are getting a lot more for their money!

Lowest priced home in South Pasadena for sale in August was $474,900

Highest priced South Pasadena home for sale in August was $2,298,000

Condos and townhomes in South Pasadena have seen a decrease in inventory to only 3 new condo listings and an overall 15 available South Pasadena condos and townhomes available for sale in August.

South Pasadena Real Estate Market Statistics for the last three months are below:

Single Family Residence Jun-08 Jul-08 Aug-08
New Listings 10 11 8
Total Listings 38 24 26
Sales Pending 9 14 1
Homes Sold  14 8 11
Listings Expired 6 4 3
Average Days on the Market  93 39 119
Average Price Per Sq. Ft. $532 $607 $483
Average Selling Price $1,579,714 $1,525,000 $795,273
Absorption Rate (# of weeks to sell current inventory at present rate of sales) 41.2 7.4 14.1
       
Condos and Townhomes Jun-08 Jul-08 Aug-08
New Listings 8 10 3
Total Listings 19 21 15
Sales Pending 2 5 1
Homes Sold  2 1 3
Listings Expired 1 9 4
Average Days on the Market  95 147 77
Average Price Per Sq. Ft. $402 $331 $352
Average Selling Price $635,944 $418,000 $561,000
Absorption Rate (# of weeks to sell current inventory at present rate of sales) 27.4 45.5 65.0

Real estate data based on information from ITEC (Pasadena Foothills Association MLS service)

South Pasadena real estate market activity with real time updated data can be found on Pasadena California Real Estate Blog’s How is the Real estate Market tab.  These South Pasadena real estate housing reports are gathered and updated by Altos Research and will be emailed to you with my compliments.

Posted by Irina Netchaev, Pasadena Real Estate Agent.

Posted on September 21st, 2008
Posted by: Irina Netchaev

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