Homes Sold in Pasadena California - May 2012 Market Analysis

The number of homes sold in Pasadena CA remained constant during May 2012, however average and median sales prices decreased across the board. This sharp decrease in single family home prices was likely caused because in Pasadena, home prices have risen every month in 2012. Home prices spiked in April from $733k to $969k, a 32% single month increase. This decrease is a reversion to where prices are comfortably stable and hints that April was an outlier. The $760k average price seen in May is 4% higher than March 2012 and 25% than January 2012.

Pasadena CA Real Estate Market Analysis for May 2012

Number of Homes sold in Pasadena California during May 2012

Average Sales Price of Homes Sold in Pasadena CA during May 2012

Median Sales Price of Home Sold in Pasadena CA during May 2012

Contact us via e-mail or call 1-800-287-1808 for a detailed breakdown of these numbers, more information on the area, or help searching homes for sale in Pasadena CA.

The data contained above is sourced from the MLS. cannot confirm its validity.
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