2019 Housing Market Forecast
CALIFORNIA Inventory Improving, Affordability Deteriorating High home prices and eroding affordability is expected to cut into housing demand and contribute to a weaker housing market in 2019, and the volume of homes sold in 2018 will register lower for the […]
Pasadena Market Snapshot March 7
The average price of a home in Pasadena this week is $724,000. There are 229 properties for sale in Pasadena, and 181 properties currently in escrow. Check out this graph, courtesy of Real Trends, to see the “nitty gritty” of […]
Pasadena Market Snapshot February 15, 2016
The median list price of a home in Pasadena this week is $899,000. Home sales continue to outstrip supply, which confirms this is still a sellers market. There are 232 homes listed for sale in Pasadena today, and 155 properties […]
Pasadena Market Snapshot February 8, 2016
The median list price in Pasadena is currently $869,000. There are 231 residential homes (single family + condos, townhomes, lofts) currently for sale, and 148 properties in escrow. The volume of home sales continues to out-strip supply, which means we […]
Pasadena Market Snapshot February 1, 2016
The median list price in Pasadena this week is $888,500. Inventory is tightening and days-on-market is falling. But demand as measured by the Market Action Index is also trending down. The market is not giving strong up or down signals […]
Pasadena market snapshot, January 25, 2016
The median price of a home in Pasadena this week is $714,995. 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 […]