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Altadena and Pasadena Market Report | March 23, 2022

Altadena and Pasadena Market Report | March 23, 2022

Altadena This week the median list price for a single family home in Altadena, CA 91001 is $1,295,000 Market action index hovering around 81, which is an increase over last month’s market action index of 76. Inventory has increased to 31. Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. Pasadena This week the median list price for a single family home in Pasadena, CA is $1,901,444. The market action index (MAI) is hovering around 67, which is an increase over last month’s market action index of 63. Inventory has increased to 80. The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their...

Altadena and Pasadena Market Report | March 18, 2022

Altadena This week the median list price for Altadena, CA 91001 is $1,177,000. The market action index is hovering around 83. This is an increase over last month’s market action index of 76. Inventory has held steady at or around 24. Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. Pasadena This week the median list price for Pasadena, CA is $1,914,000. The Market Action Index (MAI) is hovering around 67, which is an increase over last month’s market action index of 63. Inventory has increased to 77. The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their...

Market Report for Altadena and Pasadena | March 8, 2022

Altadena This week the median list price for Altadena, CA 91001 is $1,250,000. Market Action Index is hovering around 78, which is an increase over last month’s market action index of 76. Inventory has increased to 25. Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. Pasadena This week the median list price for Pasadena, CA is $1,650,000. The Market Action Index is hovering around 63. This is less than last month’s market action index of 64. Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. Inventory has increased to...

Market Report for Altadena and Pasadena | March 3, 2022

Altadena This week the median list price for Altadena, CA 91001 is $999,999 with the market action index hovering around 76. This is the same as last month’s market action index of 76. Inventory has increased to 29. Click here to see more details. In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone. If the market heats up, prices are likely to resume an upward climb. Pasadena This week the median list price for Pasadena, CA is $1,700,000 with the market action index hovering around 63. This is an increase over last month’s market action index of 61. Inventory has increased to 79. Click here to see more details. Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend...

Paint Color Forecast 2022 – Favorable Shades That Are Likely to Trend

Article paraphrased from Cyndy Aldred, Better Homes & Gardens Inviting colors that bring about warmth and comfort are expected to be the most popular paint shades for 2022. From neutrals, to greens, to blues. Experts expect that there will be an emphasis on natural earth tones.    Warm Undertones Consumers are starting to move away from cool, white undertones towards more warm comfort shades.  Natural materials are starting to become increasingly popular in new construction. Such as natural stone, brick, and wood.    Paint Color: Tallow, Farrow & Ball    Restorative Greens   Global events are believed to be a determining factor in the shades consumers gravitate towards according to color experts. Paint manufacturers analyze trends and other societal influences to form color forecasts.    For 2022, research has suggested that restorative colors, especially those reminiscent of nature, will be popular due to their calming effect. Be on the lookout for green hues.  Paint Color: Bancha, Farrow & Ball   Organic Earth Tones Brown undertones, reflective of Earth’s foundation, will be the leading trend for 2022. Different saturated brown colors mixed with creamy whites will create beautiful shades that will bring attention to walls and details.    Wall Paint Color: Broccoli Brown, Farrow & Ball   Blues as Neutrals Blue has continued to show up in paint forecasts and trends for the past decade, and many designers believe it is here to stay.  Blues can be used as a neutral color if it has gray undertones and will blend in seamlessly with other neutral shades.     Paint Color: Lulworth Blue, Farrow & Ball   Tempting Taupes As trends...