South Pasadena Real Estate 2008 Report

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A recap of residential home sales, comparing 2008 results vs 2007

A recap of residential home sales, comparing 2008 results vs 2007

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  • 1. up 2 date realestate.com up 2 date Real Estate 2008 Market Report - South Pasadena
  • 2. up 2 date realestate.com
    • Residential Homes
    • ( condos, townhomes & single family)
    • Median Price
    • $773,500
    • 2007 $815,000
    • % Change (5 %)
  • 3. up 2 date realestate.com Single Family Homes Median Price 2008 $935,000 2007 $920,000 % Change 1.6 %
  • 4. up 2 date realestate.com Number of Single Family Homes Sold 2008 80 units 2007 123 units % Change (35 %) Average Days on Market current days on market 2008 59 / 82 (includes cumulative days on market) 2007 38 % Change 55%
  • 5. up 2 date realestate.com Current Inventory of Single Family Homes Number Median Price Days/Mkt Active 31 $999,000 64 / 100 Current Inventory Of Townhomes & Condominiums Number Median Price Days/Mkt Active 9 $499,000 73 / 83
  • 6. up 2 date
    • Townhomes & Condominiums
    • Median Price
    • 2008 $517,450
    • 2007 $575,000
    • % Change (10%)
    realestate.com
  • 7. up 2 date realestate.com Number of Townhomes/Condo Units Sold 2008 30 units 2007 53 units % Change (43 %) Average Days on Market current days on market / cumulative days on market 2008 81/ 95 2007 42 /64 % Change 92% / 48%