Pasadena’s percentage of short sales and foreclosures is 21%. 

February 2010 saw 44 Pasadena homes sold while this year the number dropped to 33, less than half of January’s 68 home sales.   Is the lack of distressed sales propping up prices?  Average price per square foot, average selling price increased Jan – Feb, and days on market is down.  Be interesting to see what the March statistics bring.

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Related Posts:  Pasadena real estate stats