The real estate market report for Pasadena from February 2009 shows that:
Median home prices for single family homes and townhomes/condos decreased significantly from 2008, down 35% and 18% respectively.
The number of single family home sales increased 58% from January to February 2009 while townhome/condo sales decreased 19%.
Current inventory levels for townhomes/condos remain high, with pricing expected to continue declining due to pressure from foreclosures and bank-owned properties entering the market.
The RayChel Realty Group's San Mateo County Real Estate Price Report indicated homes sold 26% faster in October than they did in September. And, 39% of San Mateo County home sellers received more than their original list prices. For more San Mateo County real estate statistics, as well as the San Carlos, Belmont, Redwood City, Foster City and San Mateo real estate markets analyzed by city, download this free market report.
Presentation by Christine M. Todd, CEO of NVAR, at the 5th Annual Appraisal Summit on June 16, 2010. This event took place at the NVAR Herndon Service Center
The Nest Report (1Q 2012), an honest look at what's happening in the New River Valley real estate market.
Created and published by Nest Realty Group, www.NestRealty.com. Licensed real estate brokers in the Commonwealth of Virginia.
Excellent overview of top Canadian cities and their real estate market outlook for 2010. And at RE/MAX - we are the top quoted source for this kind of information....feel free to check it out. My goal is to provide you with as much information on real estate as possible.
The RayChel Realty Group's San Mateo County Real Estate Price Report indicated homes sold 26% faster in October than they did in September. And, 39% of San Mateo County home sellers received more than their original list prices. For more San Mateo County real estate statistics, as well as the San Carlos, Belmont, Redwood City, Foster City and San Mateo real estate markets analyzed by city, download this free market report.
Presentation by Christine M. Todd, CEO of NVAR, at the 5th Annual Appraisal Summit on June 16, 2010. This event took place at the NVAR Herndon Service Center
The Nest Report (1Q 2012), an honest look at what's happening in the New River Valley real estate market.
Created and published by Nest Realty Group, www.NestRealty.com. Licensed real estate brokers in the Commonwealth of Virginia.
Excellent overview of top Canadian cities and their real estate market outlook for 2010. And at RE/MAX - we are the top quoted source for this kind of information....feel free to check it out. My goal is to provide you with as much information on real estate as possible.
This webinar on 10 April 2013 (12:30-1:30pm EDT) provides information for speakers presenting at the 2013 STC Technical Communication Summit in Atlanta, GA. The Summit is 5-8 May 2013, and more information is available at http://summit.stc.org.
This webinar on 10 April 2013 (12:30-1:30pm EDT) provides information for speakers presenting at the 2013 STC Technical Communication Summit in Atlanta, GA. The Summit is 5-8 May 2013, and more information is available at http://summit.stc.org.
Each month, This Month in Real Estate provides expert opinion and analysis on real estate trends across the nation. The aim of the consumer-oriented segments is to help agents combat the “doom and gloom” messages of the national print and television media with real information on real estate.
The October 2009 edition of the San Mateo County Real Estate Price Report published by Rebecca Williamson and Raymond Stoklosa of The RayChel Realty Group. We took an in depth look at San Mateo, San Carlos, Redwood City, Foster City and Belmont.
Home Prices Up - Unit Sales Down August 2010 vs 2009
The average price for August transactions was $411,012 – up six per cent compared to the average of $387,921 reported in August 2009.
Visit www.OurHomeToronto.com to review actual listing prices and offerings.
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At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
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Pasadena Homes Feb09 Sales Report
1. up2date
realestate.com
up2date Real Estate Market Report for Pasadena
-February 2009 Home Sales
-Single Family
-Townhomes &
Condominiums
-Housing Charts and Graphs
-Analysis and Commentary
2. up2date
realestate.com
Pasadena – All Residential Units
Median Price
2009 $435,000
2008 $599,500
The Median Price in
% Change (27%) Pasadena was up from
$429,000 last month
Have Prices Bottomed?
3. up2date
realestate.com
Number of Homes Sold- All Residential
2009 59 units
Slight increases in
Unit Volumes
2008 46 units
% Change 28%
Average Days on Market
current days on market / cumulative days on market
Slight decreases in
2009 91 / 136
Selling times as well
2008 77 / 101
% Change 18%
4. up2date
realestate.com
Pasadena – Single Family Units
Median Price
2009 $470,000
2008 $724,250
The Single Family
% Change (35%)
price was down
from $505,000 last
month
5. up2date
realestate.com
Number of Single Family Homes Sold
2009 41 units
41 units in Feb ‘09
compared to 30 in
2008 26 units
Jan ‘09
% Change 58 %
Average Days on Market
current days on market / cumulative days on market
2009 67 / 115
Average days in
2008 73 / 86
January were 94
% Change 8% days on market
6. up2date
realestate.com
Current Inventory of Single Family Homes
Number Median Price Days/Mkt
Active 358 $654,000 122
Contingent 40 $573,500 78 / 107
Pending 75 $429,800 69 / 113
7. up2date
realestate.com
Townhomes & Condominiums
Median Price
2009 $360,000
2008 $440,000
Less demand and
high inventory
% Change (18%)
continues to drive
down prices
8. up2date
realestate.com
Townhomes & Condominiums
Number of Units Sold
28 units sold in
2009 17 units January ‘09
2008 21 units
Single family homes
% Change -19% Offer better value
Average Days on Market
current days on market / cumulative days on market
2009 131 /165
2008 81 / 118
% Change 61%
9. up2date
realestate.com
Current Inventory of Townhomes & Condominiums
Number Median Price Days/Mkt
Active 286 $494,000 104
Contingent 21 $464,450 127 / 179
Pending 34 $363,950 111 / 148
Continued pricing
pressure due to
huge inventories
13. up2date
realestate.com
• Analysis and Forecasts
– The low end <$400,000 is where most of the activity is in Single family homes.
Many bank owned properties are receiving multiple offers as investors and home
buyers find good supplies of inventory.
– Look for prices of condominiums and townhomes to continue their decline. Too
much inventory and Buyers are opting for Single Family homes. Foreclosures
and bank owned townhomes and condominiums are putting pricing pressure on
this market
– We should see a spike in home sales as we approach the traditional selling
season. The just announced home buyer credit of $8000 should give people
incentive
– Rumors indicate that Banks will begin to turn loose of some of their REO
inventory and may become more aggressive in selling distressed properties,
increasing pricing pressure on existing home sellers