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South Pasadena CA Condos Lofts Townhomes For Sale and Update

By
Industry Observer CalDRE #01165532

South Pasadena CA Condos Lofts Townhomes For Sale and Update

 

South Pasadena Lofts for Sale - South Pasadena Real EstateThis is a summary of South Pasadena condos, lofts and townhomes for sale and an update of real estate activity for the first six months of 2014. Statistical information is from our local multiple listing service(mls) as of July 8, 2014.   

 

While South Pasadena is primarily known for its single family homes, there are a limited number of condos, lofts and townhomes in this small city.  For information regarding the city and a recap of the South Pasadena single family home market check South Pasadena, CA Homes for Sale and Mid-Year 2014 Market Update.

 

There are currently just ten properties in the condominium, loft and townhome segment of the South Pasadena real estate market.  They range in list price from $420,000(a two bedroom/one bath condo conversion with approximately 856 square feet) to $730,000(a four bedroom townhome with approximately 1542 square feet).   There are another four in escrow.   In the first six months of 2014, there have been 22 mls-reported closed transactions which ranged in prices from $307,000 to $815,000 with an average sales price of $550,181(median sales price $523,126).  They sold at an average 101.64% of last list price.   The average sales price per square foot was $432.93.   

 

South Pasadena Townhomes for Sale - Realtor Michael Jacobs 818.516.4393 cellFor the January through June period in 2013, there were 31 mls-reported closed sales.  These sales ranged from $285,000 to $790,000 with an average sales price of $474,816(median $439,900).   They sold at an average 101.61% of last list price.  The average sales price per square feet for the period was $387.08.

 

Inventory in this South Pasadena real estate market segment continues to be a challenge although the level currently available for sale is higher than last year, today’s buyers are savvy and critical.  They are looking for value and that comes in the form of that ideal combination of price and presentation.

 

Whether you are a prospective buyer or a property owner and would like to know how to succeed in today’s South Pasadena real estate market - let’s discuss your needs.  There’s so much more than just a few hundred words worth of information.  I can be reached at 818.516.4393 cell or michaeljacobs@coldwellbanker.com.


South Pasadena CA Condos Lofts Townhomes For Sale and Update

Posted by

Michael Jacobs

 

CalBRE # 01165532

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

Comments (10)

John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

REALTOR® Michael Jacobs your real estate knowledge of South Pasadena condos, lofts and townhomes never ceases to amaze me!

Jul 09, 2014 12:08 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Michael, your reports are excellent, the South Pasadena CA Condos Lofts Townhomes has so much information and truly lets your expertise shine. Call Michael Jacobs to find out more.

Jul 09, 2014 12:39 AM
Roy Kelley
Retired - Gaithersburg, MD

This is good information for prospective purchasers. Have a most productive summer!

 

Jul 09, 2014 01:00 AM
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

I don't think I could afford to live in Pasadena where it's sunny and bright!  I can barely afford my little lake view apartment, but I love reading about your area.

Jul 09, 2014 01:14 AM
Joanna Cohlan
Fresh Eyes For Your Home - Chappaqua, NY
Designing, Decorating & Staging Westchester Homes

Oh Michael, how I love your posts and they always make me want to move to your neck of the woods.  Much more affordable than New York but still in the middle of everything-and as we always say, the left coast!

Jul 09, 2014 01:58 AM
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Michael Jacobs,South Pasadena condos, lofts and townhomes are a very in demand segmanet of the market in Southern California. You always do such a great job of explaining market conditions, locations, history and what is available. Thanks

Jul 09, 2014 06:37 AM
Marshall Enterprises
Marshall Enterprises - Saint Michael, MN
Antiques, Lawn Care, and Trashouts

If you live in South Pasadena and are thinking of moving, you need to contact Michael Jacobs, the local real estate expert to sell you condo, loft, townhome or single family home.  He know the area, and he knows how to get you the best price in the least amount of time!  Call him today!

Jul 09, 2014 09:26 AM
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

MJ~ only if Roger knew how affordable it is to rent in and around Pasadena As a matter of fact (in Long Beach) I have beautiful rentals walking distance to the beach for $850 and up... I have a feeling he would have to talk "Mickey" into moving before he would ever make the move to sunny So Cal....  

Jul 09, 2014 09:26 AM
Don Sabinske
Don Sabinske, Sabinske & Associates Inc. - Zimmerman, MN
Sabinske & Associates Inc.

Michael Jacobs certainly knows the South Pasadena condo, lofts and townhomes real estate market.  If you are buying or selling, he is the local South Pasadena market expert!

Jul 09, 2014 11:08 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Thanks to all of you came by and to those who commented on this market update for the loft - condo - townhome segment of South Pasadena real estate.   I appreciate your support.

Jul 12, 2014 01:16 PM