cal tech real estate: Market Update for Pasadena's CalTech Area Homes for Sale, week 11/2/15 - 11/03/15 05:23 AM
Market Update for Pasadena’s CalTech Area Homes for sale for week ending 11/2/15
CalTech Area Real Estate is a Seller's Market. Here's why:
•     2 Months supply of homes trending
•     5 Home available (0 new this week)
The 6 month numbers are as follows:
Average Sale Price: $1,197,125
Median Sale Price: $1,052,500
Average Days on Market: 43
Average Sale Price to List Price Ratio: 103.17%
Of Special Note this week:  A dramatic slide in the market since one year ago, however, that’s relative to a balanced market which the CalTech area is still not anywhere near yet. CalTech has ALWAYS been desirable and continues to be so as the fall market settles in with its … (0 comments)

cal tech real estate: Market Update for CalTech Area Homes for Sale, week ending 3/23/14 - 03/24/14 09:01 AM
 
Market Update for Pasadena’s CalTech Area Homes for sale for week ending 3/23/14?
 
CalTech Area Real Estate is a Seller's Market. Here's why:
 
•     2 WEEKS supply of homes trending
 
•     1 Home available (0 new this week)
 
The 6 month numbers are as follows:
 
Average Sale Price: $1,077,442
 
Median Sale Price: $986,000
 
Average Days on Market: 47
 
Average Sale Price to List Price Ratio: 106.70
 
Of Special Note this week:  Two weeks ago there was nothing for sale (0, nothing, nada), then 3 came to market and 2 of those sold immediately, which is symbolic … (1 comments)

cal tech real estate: How's the Market in the CalTech Area of Pasadena Real Estate for week ending 9/18/11? - 09/19/11 05:02 PM
How's the market in the Pasadena CalTech Real Estate area week ending 9/18/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     1 1/2 months supply of homes trending
•     5 Homes available (nothing new this week)
The 6 month numbers are as follows:
Average Sale Price: $863,772 (down about 80K from just 2 months ago)
Median Sale Price: $774,000
Average Days on Market: 46
Average Sale Price to List Price Ratio: 98.79
Of Special Note this week: Summer comes to a close next week and it ended it’s run with quite a bit of activity, but not necessarily in a segment that a large … (0 comments)

cal tech real estate: How's the Market in the CalTech Area of Pasadena Real Estate for week ending 8/1/11? - 08/09/11 04:37 PM
How's the market in the Pasadena CalTech Real Estate area week ending 8/1/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     3 months supply of homes trending
•     6 Homes available (nothing new this week)
The 6 month numbers are as follows, and are unchanged from previous week:
Average Sale Price: $946,944 (down about 100K from just 2 weeks ago)
Median Sale Price: $975,000
Average Days on Market: 58
Average Sale Price to List Price Ratio: 96.05
Of Special Note this week: I returned from my summer vacation to find that the Cal Tech Real Estate market has continued it’s slowing trend from earlier in … (2 comments)

cal tech real estate: How's the Market in the CalTech Area of Pasadena Real Estate for week ending 7/17/11? - 07/17/11 05:02 PM
How's the market in the Pasadena CalTech Real Estate area week ending 7/17/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     2 months supply of homes trending
•     10 Homes available  (1 new this week)
The 6 month numbers are as follows, and are unchanged from previous week:
Average Sale Price: $958,607 (down about 50K from a month ago)
Median Sale Price: $962,500
Average Days on Market: 66
Average Sale Price to List Price Ratio: 96.55
Of Special Note this week: The CalTech neighborhood real estate has continued to be challenged by the active buyers that are out there, and although there appear to be … (0 comments)

cal tech real estate: How's the Market in the CalTech Area of Pasadena Real Estate for week ending 6/19/11? - 06/23/11 06:17 AM
How's the market in the Pasadena CalTech Real Estate area week ending 6/19/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     3.25 months supply of homes trending
•     13 Homes available  (2 new this week)
The 6 month numbers are as follows, and are unchanged from previous week:
Average Sale Price: $993,280 ($904,646 a year ago)
Median Sale Price: $975,000 ($851,000 a year ago)
Average Days on Market: 68 (64 days a year ago)
Average Sale Price to List Price Ratio: 96.32 (101.70 a year ago)
Of Special Note this week: The CalTech neighborhood continued its drooping trend this week, with average prices down and … (1 comments)

cal tech real estate: How's the Market in the CalTech Area of Pasadena Real Estate for week ending 6/5/11? - 06/07/11 06:20 PM
How's the market in the Pasadena CalTech Real Estate area week ending 6/5/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     2.75 months supply of homes trending
•     11 Homes available  (2 new this week)
The 6 month numbers are as follows, and are unchanged from previous week:
Average Sale Price: $1,006,333
Median Sale Price: $987,500
Average Days on Market: 66
Average Sale Price to List Price Ratio: 96.29
Of Special Note this week: The CalTech neighborhood continued it's micro-slide this week, at least as far as inventory goes. There are only 3 properties in escrow and the inventory jumped by 2, with one property … (0 comments)

cal tech real estate: How's the Market in the CalTech Area of Pasadena Real Estate for the week ending 5/29/11? - 05/31/11 06:04 PM
How's the market in the Pasadena CalTech Real Estate area week ending 5/29/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     2.5 months supply of homes trending
•     10 Homes available  (1 new this week)
The 6 month numbers are as follows, and are unchanged from previous week:
Average Sale Price: $1,003,696
Median Sale Price: $975,000
Average Days on Market: 66
Average Sale Price to List Price Ratio: 96.46
Of Special Note this week: The CalTech area real estate has hit a snag at the cusp of summer. With the inventory slightly increasing and only 2 homes closing in the month of May, it's getting … (0 comments)

cal tech real estate: Market Update for CalTech Area of Pasadena Real Estate for week ending 5/22/11 - 05/23/11 06:49 PM
How's the market in the Pasadena CalTech Real Estate area week ending 5/22/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     2 months supply of homes trending
•     9 Homes available  (2 new over the last 3 weeks)
The 6 month numbers are as follows:
Average Sale Price: $1,003,696
Median Sale Price: $975,000
Average Days on Market: 66
Average Sale Price to List Price Ratio: 96.46
Of Special Note this week: After being away for about 2 weeks, I noted that supply shrunk a bit in this busiest time of the year for sales. Only 2 properties closed escrow over the last 3 weeks, however, … (2 comments)

cal tech real estate: How's the Market in the CalTech Area of Pasadena Real Estate for the week ending 5/1/11? - 05/01/11 05:51 PM
How's the market in the Pasadena CalTech Real Estate area week ending 4/24/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     2.4 months supply of homes trending
•     8 Homes available  (2 new)
The 6 month numbers are as follows:
Average Sale Price: $974,250
Median Sale Price: $962,500
Average Days on Market: 64
Average Sale Price to List Price Ratio: 96.64
Of Special Note this week: Two properties went into escrow this week, 1 after 47 days on the market and the other 23 days, both well below the 6 month days on market average. Combine this with the holiday period home sales starting to … (0 comments)

cal tech real estate: How's the Market in the "CalTech" area of Pasadena Real Estate for this past week? - 04/27/11 05:04 PM
How's the market in the Pasadena CalTech Real Estate area week ending 4/24/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     2.6 months supply of homes trending
•     8 Homes available
The 6 month numbers are as follows:
Average Sale Price: $1,038,056
Median Sale Price: $987,500
Average Days on Market: 68
Average Sale Price to List Price Ratio: 96.32
Of Special Note this week: Nothing new on the market this week, however, sellers got a boost as 2 properties did close escrow with the power to boost sales numbers. One property sold at list price, while another sold at 108.75% of list! These helped pull … (0 comments)

cal tech real estate: Market Update for CalTech Area of Pasadena Real Estate for week ending 4/17/11 - 04/17/11 08:07 PM
How's the market in the Pasadena CalTech Real Estate area week ending 4/17/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     2.6 months supply of homes trending (no change from last week)
•     8 Homes available (1 new one at over $6 Million!)
The 6 month numbers are as follows:
Average Sale Price: $972,941
Median Sale Price: $975,000
Average Days on Market: 66
Average Sale Price to List Price Ratio: 95.34
Of Special Note this week: A new construction home came on the market at over $6 million, which now makes 2 homes in the area over $6 million. It is a truly special neighborhood … (3 comments)

cal tech real estate: How's the Market in the "CalTech" area of Pasadena Real Estate for this past week? - 04/14/11 06:04 PM
How's the market in the Pasadena CalTech Real Estate area week ending 4/10/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     3 months supply of homes trending
•     9 Homes available (2 new)
The 6 month numbers are as follows:
Average Sale Price: $972,941
Median Sale Price: $975,000
Average Days on Market: 66
Average Sale Price to List Price Ratio: 95.34
Of Special Note this week: Properties in the area continue to receive a tremendous reception by the public. One open house from Sunday, April 3 reported over 150 attendees, while another property already in escrow received an additional 3 offers this week, as backups. … (1 comments)

cal tech real estate: Pasadena Real Estate Open House this weekend - 1882 Rose Villa - 04/08/11 06:38 PM

Pasadena Open House this weekend on Sunday April 10th from 1-5 at 1882 Rose Villa St. 
An adorable, elegant, warm and charming English style home built in 1924 with 3 bedrooms, 2 baths, central air, forced air heat, upgraded baths and kitchen with both granite and alderwood counters, this 1,522 square foot home sits on a 6,499 square foot lot in the desireable CalTech area of Pasadena. Current supply of homes in this area is an extremely low 2.5 months (See my previous blog post) and so homes sell fast, especially ones that are in this kind of condition. Please … (6 comments)

cal tech real estate: Pasadena Home For Sale - New in the Coveted CalTech Area (SOLD - MULTIPLE OFFERS - OVER LIST) - 04/05/11 06:08 PM
1882 Rose Villa St, Pasadena, CA

Set in the coveted Cal Tech Area, this 3 bedroom, 2 bath English cottage reflects the vintage charm of 1924 with a Batchelder Fireplace, hardwood floors, French doors and coved ceilings. Enjoy this upgraded kitchen with new Frigidaire appliances & granite counters. It also features a two car garage with loft storage. Two remodeled baths, one in master bedroom, complete this warm, comfortable home close to South Lake Ave shopping and cafes.
1,522 Square Feet on a 6,499 Lot
$739,000 (Co-Listed with Ann Pendo)
www.1882rosevilla.com
(1 comments)

cal tech real estate: How's the Market in the "CalTech" area of Pasadena Real Estate for this past week? - 04/04/11 05:31 PM
How's the market in the Pasadena CalTech Real Estate area week ending 4/3/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•    2 months supply of homes trending
•    6 Homes available (1 new one that I took at 1882 Rose Villa)
The 6 month numbers are as follows:
Average Sale Price: $971,000
Median Sale Price: $962,500
Average Days on Market: 69
Average Sale Price to List Price Ratio: 95.02
Of Special Note this week: Nothing closed this week, and nothing even went into escrow this week!  There is the one new availability noted above, however, overall it appears to be stagnant, at least for this week. … (3 comments)

cal tech real estate: How's the Market in the "CalTech" area of Pasadena Real Estate for this past week? - 03/28/11 09:02 AM
How's the market in Pasadena's "CalTech" Real Estate area week ending 3/27/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•·     2 months supply of homes trending
•·     5 Homes available (1 new)
The 6 month numbers are as follows:
Average Sale Price: $971,000
Median Sale Price: $962,500
Average Days on Market: 69
Average Sale Price to List Price Ratio: 95.02
Of Special Note this week: Of all the homes sold in the last 6 months, 1/2 of the lower 10 priced homes sold at least at 101.09 % of list price!  This is very different for the higher priced homes that were trending in the mid … (0 comments)

 
Lee Bothast, CRS, 2nd Generation Pasadena Area Realtor (Coldwell Banker Residential Brokerage)

Lee Bothast, CRS

2nd Generation Pasadena Area Realtor

South Pasadena, CA

More about me…

Coldwell Banker Residential Brokerage

Address: 2065 Huntington Dr., San Marino, CA, 91108

Office: (626) 685-5204

Mobile: (626) 533-3929



Listings

Links

Archives

RSS 2.0 Feed for this blog