pasadena homes jan09 sales report
DESCRIPTION
A recap of the Pasadena California Real Estate Market. Home sales include median prices, units sold and median prices.TRANSCRIPT
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up2date Real Estate Market Report for Pasadena
-January 2009 Home Sales
-Single Family
-Townhomes & Condominiums
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Pasadena – All Residential Units
Median Price
2009 $429,000
2008 $649,500
% Change (34%)
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Number of Homes Sold- All Residential
2009 57 units
2008 53 units
% Change 7.5%
Average Days on Marketcurrent days on market / cumulative days on market
2009 95 / 119
2008 53 / 139
% Change 79%
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Pasadena – Single Family Units
Median Price
2009 $505,000
2008 $659,000
% Change (23%)
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Number of Single Family Homes Sold
2009 30 units
2008 35 units
% Change (14%)
Average Days on Marketcurrent days on market / cumulative days on market
2009 94 / 124
2008 46 / 71
% Change 104%
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Current Inventory of Single Family Homes
Number Median Price Days/Mkt
Active 322 $649,000 151
Contingent 48 $525,000 69 / 112
Pending 54 $454,500 69 / 113
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Townhomes & Condominiums
Median Price
2009 $415,000
2008 $600,000
% Change (31%)
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Townhomes & Condominiums
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Number of Units Sold
2009 28 units
2008 18 units
% Change 55%
Average Days on Market
current days on market / cumulative days on market
2009 95 /114
2008 68 /271
% Change 40%
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Current Inventory of Townhomes & Condominiums
Number Median Price Days/Mkt
Active 265 $499,000 139
Contingent 21 $389,000 96 / 171
Pending 21 $365,000 114 / 161
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