Sales volume, average sales price, and median sales price of homes and condos in Pasadena CA.
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Single family home sales were strong in Pasadena during November 2012, up 46% from the previous year. The average sale price of single family homes rose 21% over last year and 25% over the previous month. The Pasadena market has been on a steady upward trend all year. Eventually this will have to slow down
Like many of the surrounding markets, Pasadena saw home values rise over last year. Prices of single family homes in Pasadena are up more than 10% when compared to September of 2011. Volume of homes and condos sold remained about even compared to last year and lower compared to last month’s spike in single family
The Pasadena market has shown ups and downs all year in both categories of property types as well as prices. August single family volume was up this month after being down the previous month and up the month before that. Prices of single family homes were down more than 10%, which is their lowest point since January. On the condo side, volume was up more than 20% after being town the previous two months. Prices are up 15% from July and are at their highest point since January of this year.
July in Pasadena was much like other markets, a reversion to the norm from a huge month in June. Valume was down sharply, but again is at a sustainable level. Prices where down in single family homes, but only fell back to where we were seeing them in the Spring of 2012. Condo prices were actually up, but are still in line with Spring 2012 prices.
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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
Pasadena had a booming month in April, proving yet again that Spring is the prime selling season. Prices are up huge in Pasadena, this goes for Single Family and Condos, when compared to the previous month, and the same month of the previous year. Prices in April were up more than 30% when compared to |
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