When it comes to real estate statistics, each community is different, broad overall graphs and numbers are meaningless.  While March home sales in Glendale have fallen, Pasadena’s numbers have risen. Just 28% of Pasadena’s March sales were distress sales (foreclosure or short sale) versus Glendale’s 58%.

Comparing Pasadena’s YTD real estate statistics to its 2009 stats is also interesting:



*The number of Pasadena homes sold March 2010, has increased by one versus March of 2009

*Average price per foot is up about $20 from last year

*Average Selling Price is down by nearly $50,000 - more first time home buyers purchasing affordable housing

*Average Days on Market (DOM) have decreased from 70 to 52

*Average percent of selling price to list is up slightly from last year’s March

Related Post:  58% of Glendale’s March Home Sales were distress sales