28% of Pasadena’s April Home sales were distress sales
Pasadena’s real estate market is strong as April’s numbers reflect: Number of homes sold is up, average price per square foot is up, average sales price is up, Days on market is down
However, the percentage of selling price to list has fallen and is at its lowest for the year
Related Posts: 41% of Glendale’s April home sales were distress sales
20% of La Canada’s April home sales were distress sales
Posted by Phyllis Harb at 5/12/2010 4:55 AM 
Categories: Pasadena, Real Estate Market Stats
Tags: how much are Pasadena homes selling for
Categories: Pasadena, Real Estate Market Stats
Tags: how much are Pasadena homes selling for
Yes, here in New Zealand the property market has be tough, although we have not had the number of foreclosures as in other countries. Figures out today show property prices and sales fell in April 2010 across New Zealand, Compared to 12 months earlier, the index has risen by 6.2 per cent. Housing prices are now 3.7 per cent below their November 2007 peak.
So it is tough for the agents here (with many giving up), but not as bad as the USA or UK from what I gather.
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