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South Pasadena CA - September 2011 Sales Recap & Market Update(Condos, Townhomes & Lofts)

By
Industry Observer CalDRE #01165532

 

South Pasadena CA - September 2011 Sales Recap & Market Update(Condos, Townhomes & Lofts)

Those of who live or visit South Pasadena will find unique shopping and dining plus the Mission Station of the Gold Line light rail system in addition to the highly acclaimed school district in a convenient location with a small town feel.  

In addition to its grand old Craftsman and other character homes, you can also find condominiums and townhomes.

South Pasadena CA - September 2011 Sales Recap & Market Update(Condos, Townhomes & Lofts)

According to local multiple listing reports from October 19, 2011 there were two sales in the category during September 2011.   One was a short sale loft in The Ostrich Farm that closed escrow for $310,000 and the other was a townhome at The Monterey Townhomes(corner of Indiana and Monterey) with a final sales price of $540,000.   In September 2010, there were four sales ranging in price from $348,000 to $750,000.

Inventory of available condominiums, townhomes and lofts is 21 as of this date and they range in price from $135,000(an own-your-own on Orange Grove --- and what an opportunity!) to $699,000(hard to find four bedroom townhome).   There are five properties in escrow.

South Pasadena CA - September 2011 Sales Recap & Market Update(Condos, Townhomes & Lofts)

Would you like to know more about condos, townhomes or lofts in South Pasadena or the surrounding areas in the San Gabriel Valley?   Contact Michael Jacobs at 818.516.4393 cell or michaeljacobs@coldwellbanker.com.

Michael Jacobs Realtor 818.516.4393


Michael Jacobs Realtor 818.516.4393

Michael Jacobs Realtor 818.516.4393

Posted by

Michael Jacobs

 

CalBRE # 01165532

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Nice area market update.  Thanks for sharing.

Oct 19, 2011 09:11 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Laura -- thanks very much for stopping my and sharing your thoughts.  Due to its highly convenient location, South Pasadena offers a very desirable address in the San Gabriel Valley.

Oct 19, 2011 05:33 PM
Suzanne McLaughlin
Sabinske & Associates, Inc. (Albertville, St. Michael) - Saint Michael, MN
Sabinske & Associates, Realtor

Your market updates are great.  And, I always enjoy the pictures of the area that you provide with them.  Thanks.

Oct 21, 2011 04:37 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Suzanne -- your comments are always appreciated.  Thanks as always for stopping by and commenting.  

Oct 21, 2011 05:38 AM
Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Great report of South Pasadena CA. These look like healthy sales prices, four bedroom for $699,000 townhouse does sound very attractive. Hope you secure a buyer for these active units this upcoming week.

Oct 29, 2011 02:45 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Eileen -- four bedrooms are a rarity in our condo market.   Thanks for the good wishes.   

Oct 29, 2011 04:38 AM