0
<ul><li>Pasadena August2009 Home Sales
Single Family
Townhomes & Condominiums
Housing Charts and Graphs
Analysis Commentary</li></ul>up2date<br />realestate.com<br />
up2date<br />realestate.com<br />Pasadena – All Residential Units<br />Median Price<br />2009		$570,000<br />2008		$572,50...
up2date<br />realestate.com<br />Number of Homes Sold- All Residential<br />	2009		123 units<br />	2008		108units<br />	% ...
up2date<br />realestate.com<br />Pasadena – Single Family Units<br />Median Price<br />2009		$640,000<br />2008		$650,000<...
up2date<br />realestate.com<br />Number of Single Family Homes Sold<br />	2009		83 units<br />	2008		70units<br />	% Chang...
up2date<br />realestate.com<br />Current Inventory of Single Family Homes <br />			Number             Median Price	 	  Day...
up2date<br />Townhomes & Condominiums<br />		Median Price<br />		2009		$465,000<br />		2008		$451,200<br />		% Change     ...
up2date<br />Townhomes & Condominiums<br />realestate.com<br />Number of Units Sold<br />	2009		40units<br />	2008		39 uni...
up2date<br />realestate.com<br />Current Inventory of  Townhomes & Condominiums<br />		            Number	            Medi...
Upcoming SlideShare
Loading in...5
×

Pasadena Home August Home Sales

412

Published on

A recap of the Pasadena, CA real estate market with analysis and commentary

Published in: Business, Real Estate
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
412
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Transcript of "Pasadena Home August Home Sales"

  1. 1. <ul><li>Pasadena August2009 Home Sales
  2. 2. Single Family
  3. 3. Townhomes & Condominiums
  4. 4. Housing Charts and Graphs
  5. 5. Analysis Commentary</li></ul>up2date<br />realestate.com<br />
  6. 6. up2date<br />realestate.com<br />Pasadena – All Residential Units<br />Median Price<br />2009 $570,000<br />2008 $572,500<br />% Change (-)<br />Home prices continue to show monthly gains bouncing off of their January 2009 lows<br />
  7. 7. up2date<br />realestate.com<br />Number of Homes Sold- All Residential<br /> 2009 123 units<br /> 2008 108units<br /> % Change 14%<br />Average Days on Market<br /> current days on market / cumulative days on market<br /> 2009 73 / 71<br /> 2008 74/ 144<br /> % Change -%<br />
  8. 8. up2date<br />realestate.com<br />Pasadena – Single Family Units<br />Median Price<br />2009 $640,000<br />2008 $650,000<br />% Change (1.5%)<br />
  9. 9. up2date<br />realestate.com<br />Number of Single Family Homes Sold<br /> 2009 83 units<br /> 2008 70units<br /> % Change 18%<br />Average Days on Market<br /> current days on market / cumulative days on market<br /> 2009 73 / 73<br /> 2008 79/ 104<br /> % Change ( 7.5 %)<br />
  10. 10. up2date<br />realestate.com<br />Current Inventory of Single Family Homes <br /> Number Median Price Days/Mkt<br />Active 288 $757,500 110 / 100<br />Contingent 62$569,000 117/ 94<br />Pending 78$459,45085/ 51<br />
  11. 11. up2date<br />Townhomes & Condominiums<br /> Median Price<br /> 2009 $465,000<br /> 2008 $451,200<br /> % Change 3 %<br />realestate.com<br />Big jump in Condo sales prices as higher priced units are finally beginning to sell<br />
  12. 12. up2date<br />Townhomes & Condominiums<br />realestate.com<br />Number of Units Sold<br /> 2009 40units<br /> 2008 39 units<br /> % Change 2.5 %<br />Average Days on Market <br />current days on market / cumulative days on market<br /> 2009 77/ 73<br /> 2008 72/ 208<br /> % Change 7%<br />
  13. 13. up2date<br />realestate.com<br />Current Inventory of Townhomes & Condominiums<br /> Number Median Price Days/Mkt<br />Active 204$539,500102 / 92<br />Contingent 33$379,900122 / 95<br />Pending 69$429,00061/ 36<br />
  14. 14. up2date<br />realestate.com<br />
  15. 15. up2date<br />realestate.com<br />
  16. 16. up2date<br />realestate.com<br />
  17. 17. up2date<br />realestate.com<br />Analysis and Forecasts<br />Homes sales in August (units) fell from their highs in July. However that is not uncommon as the summer selling season takes a break<br />As predicted, the median price finally stabilized on a 12 month period (August 09 vs August 08)<br />Monthly inventory supply is about 5 months on single family and about 7.5 months on townhomes and condominiums<br />There are still large numbers of homes (single family & condos) in escrow. Look for inventory to fall further in the next couple of months.<br />Congress is considering expanding or reinstating the first time homebuyer credit of $8000 set to expire in November<br />It also appears that interest rates will remain at very desirable levels at least through the first quarter of 2010.<br />Charts do not reflect merged data from MRMLS into I-Tech)<br />
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×