18% of the Homes Sold in Pasadena in May Were Short Sales or Foreclosures

Sales of Pasadena homes remain fairly consistent. In April 20% of the homes sold in Pasadena were short sales or foreclosures, in May 18%.
The price per square foot and the average Pasadena selling price each increased (highest level for the year). Average selling price to list is also up. Days on market is down, absorption rate is down a bit as well.

Since spring is typically strong in real estate sales, I won’t go as far to say that Pasadena real estate prices are on the mend, but Pasadena is certainly holding its own, compared to nearby neighbors, La Canada and Glendale.
Find Pasadena foreclosures here
Search Pasadena short sales here
Find all Pasadena listings here
Tweet







Comments