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Pasadena July 2009 Home Sales
Single Family
Townhomes & Condominiums
Housing Charts and Graphs
Analysis Commentaryup2daterealestate.com
up2daterealestate.comPasadena – All Residential UnitsMedian Price2009		$516,8002008		$557,000% Change	(7.2%)The continuing decline in Pasadena real estate prices will end in August
up2daterealestate.comNumber of Homes Sold- All Residential	2009		148 units	2008		117units	% Change	 26%Average Days on Market	current days on market / cumulative days on market	2009		79/ 68	2008		54/ 75	% Change                  46%July unit sales exceed previous July levels in ‘06, ‘07 & ‘08
up2daterealestate.comPasadena – Single Family HomesMedian Price2009		$599,0002008		$633,670% Change	(5.5%)Prices are showing stability as the June price was $604.0
up2daterealestate.comNumber of Single Family Homes Sold	2009		104units	2008		79units	% Change	32 %Average Days on Market	current days on market / cumulative days on market	2009		74 / 64	2008		46 / 74	% Change                 60 %Sales of Single Family homes continue to show strong gains over last year
up2daterealestate.comCurrent Inventory of Single Family Homes 			Number             Median Price	 	  Days/MktActive			  294$749,000115 / 99Contingent		   71$649,900           90 / 84Pending			   96$470,00076 / 56
up2dateTownhomes & Condominiums		Median Price		2009		$430,000		2008		$470,500		% Change              (9%)realestate.comCondominium market is still trending toward lower priced units
up2dateTownhomes & Condominiumsrealestate.comNumber of Units Sold	2009		49units	2008		40units	% Change	23%Average Days on Market current days on market / cumulative days on market	2009		88/ 76	2008		72/ 78	% Change	 22%Another strong month in terms of unit sales
up2daterealestate.comCurrent Inventory of  Townhomes & Condominiums		            Number	            Median Price	Days/MktActive			226$517,00099 / 84Contingent		34$426,500113 / 137Pending			49$428,00078/ 40Expected price levels for August look to continue price trend

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Pasadena Homes July '09 Analysis