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
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