Pasadena Homes June09 Aalysis
Upcoming SlideShare
Loading in...5
×
 

Pasadena Homes June09 Aalysis

on

  • 806 views

A continuing monthly recap of residentail home sales in the City of Pasadena, CA

A continuing monthly recap of residentail home sales in the City of Pasadena, CA

Statistics

Views

Total Views
806
Views on SlideShare
765
Embed Views
41

Actions

Likes
0
Downloads
0
Comments
0

1 Embed 41

http://www.up2daterealestate.com 41

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

Pasadena Homes June09 Aalysis Pasadena Homes June09 Aalysis Presentation Transcript

    • Pasadena June 2009 Home Sales
    • Single Family
    • Townhomes & Condominiums
    • Housing Charts and Graphs
    • Analysis Commentary
    up2date
    realestate.com
  • up2date
    realestate.com
    Pasadena – All Residential Units
    Median Price
    2009 $505,000
    2008 $599,000
    % Change (15.6%)
    Very little change in the Median Price compared to May
  • up2date
    realestate.com
    Number of Homes Sold- All Residential
    2009 135 units
    2008 93 units
    % Change 45%
    Average Days on Market
    current days on market / cumulative days on market
    2009 93/ 177
    2008 69 / 183
    % Change 34%
    Big change this month was in unit volume
  • up2date
    realestate.com
    Pasadena – Single Family Units
    Median Price
    2009 $604,000
    2008 $662,500
    % Change (9%)
    Last months Median Price was $555,000, a 9% increase
  • up2date
    realestate.com
    Number of Single Family Homes Sold
    2009 88 units
    2008 62 units
    % Change 42 %
    Average Days on Market
    current days on market / cumulative days on market
    2009 73 / 159
    2008 66 / 144
    % Change 10 %
    Sales of Single Family homes continue to show monthly unit gains
  • up2date
    realestate.com
    Current Inventory of Single Family Homes
    Number Median Price Days/Mkt
    Active 302 $749,500 110 / 102
    Contingent 74$620,000 85 / 76
    Pending 96$520,45079 / 69
  • up2date
    Townhomes & Condominiums
    Median Price
    2009 $431,000
    2008 $475,000
    % Change (9%)
    realestate.com
    A $53K increase vs last month
  • up2date
    Townhomes & Condominiums
    realestate.com
    Number of Units Sold
    2009 55 units
    2008 35 units
    % Change 57%
    Average Days on Market
    current days on market / cumulative days on market
    2009 119 / 186
    2008 69 / 227
    % Change 72%
    A 60% increase over last month
  • up2date
    realestate.com
    Current Inventory of Townhomes & Condominiums
    Number Median Price Days/Mkt
    Active 215$523,600 100 / 92
    Contingent 50$449,500 100 / 122
    Pending 43$425,000 80 / 41
    Prices are trending higher
  • up2date
    realestate.com
  • up2date
    realestate.com
  • up2date
    realestate.com
  • up2date
    realestate.com
    Analysis and Forecasts
    June appears to be the month that the housing market solidified the turnaround we have been seeing for the last few months
    Unit sales increased in single family homes and also the townhome/condominium market which had been in a slump
    Although the overall median price was very consistent with last months we saw more sales of higher priced single family homes
    Housing inventories have adjusted to between 5.25 and 5.5 months supply
    Homes in escrow are at very high levels as well, however slightly less that what was indicated at the end of May