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<ul><li>Pasadena June 2009 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		$505,000<br />2008		$599,00...
up2date<br />realestate.com<br />Number of Homes Sold- All Residential<br />	2009		135 units<br />	2008		 93 units<br />	%...
up2date<br />realestate.com<br />Pasadena – Single Family Units<br />Median Price<br />2009		$604,000<br />2008		$662,500<...
up2date<br />realestate.com<br />Number of Single Family Homes Sold<br />	2009		88 units<br />	2008		62 units<br />	% Chan...
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		$431,000<br />		2008		$475,000<br />		% Change     ...
up2date<br />Townhomes & Condominiums<br />realestate.com<br />Number of Units Sold<br />	2009		55 units<br />	2008		35 un...
up2date<br />realestate.com<br />Current Inventory of  Townhomes & Condominiums<br />		            Number	            Medi...
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Pasadena Homes June09 Aalysis

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

Published in: Business, Technology
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Transcript of "Pasadena Homes June09 Aalysis"

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