17% of Pasadena home sales are foreclosures or short sales



The Pasadena inventory remains fairly consistent.
In April 20% of the homes sold were short sales or foreclosures, in May 18%, June also 18% and July 17%.

The good:
Average price per square foot increased a bit
Days on market (dom) decreased to the shortest period year to date

The bad:
The number of Pasadena homes which closed escrow (aka sold) decreased
Average selling price slight decrease
Percentage of selling price to list price decreased
Absorption rate increased



Find Pasadena foreclosures here
 
Search Pasadena short sales here

Find all Pasadena listings here




 

What did you think of this article?




Trackbacks
  • No trackbacks exist for this post.
Comments
  • No comments exist for this post.
Leave a comment

Submitted comments are subject to moderation before being displayed.

 Name

 Email (will not be published)

 Website

Your comment is 0 characters limited to 3000 characters.