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Pasadena Homes Sold For 2nd Quarter of 2015 vs 1st Quarter

By
Real Estate Agent with Home Smart Evergreen Realty Calbre Lic 01200694

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Your Home?  Experts Say,

“Start Planning 60 Days Ahead”

 

PASADENA HOME SALES STATISTICS FOR SECOND QUARTER 2015 COMPARED WITH THE FIRST QUARTER

 In the Second quarter (04/01/2015 to 06/30/2015287 vs 194  homes  sold on the first quarter. The Minimum Listing Price$374,990 vs $225,000 and Selling Price was $345,000 vs $200,000 with 1 vs 2 bedrooms, 1 vs 1 bath, 643 vs 620 square feet house, and  2869 sq ft lot, and 1 day on market.

 Maximum Listing Price $6,488,00 vs $6,950,000 and Selling Price $6,475,500 vs $6,950,000 with 7 vs 5 bedrooms, 7 vs 10 baths, 8909 vs 8644 sq ft home, 55,240 vs 49,586 sq ft lot, and 342 vs 159 days on market.

 Average Listing Price $1,035,584 vs $1,042,153 and Selling Price $1,044,311 vs $1,031,692 with 3 vs 3 bedrooms, 2 vs 2.5  baths, 2002 vs 2039 sq ft home, 10433 vs 10936 sq ft lot and 51 vs 67 days on market.

45 vs 25 from 500K to 600K and 36 vs 31 sales were in the price range of 600K to 700K. From all the sales, 9 were short ales, 5 bank owned aka reo, 2 with notice of default and 5 homes on probate

MORTGAGES AND INTEREST RATE

For a Conventional Loan 30 year fixed it is at 5% with a 5% down payment for purchases with Private mortgage Insurance includes. Fha Loans at 3.75% 30 year fixed with 3.5% down payment (For information purposes only)

 There is a 100% loan available for low and medium income families with NO Private Mortgage Insurance subject to qualification.  VA Loans are for Veterans, it is a 100% loan, with NO Private Mortgage Insurance.

 WEBSITES

 If you want to find out what's going on in the Us or world economy check: www.wsj.com,  to check current morttgage rates go to: Current Mortgage Rates , for lates videos always go to: http:// www.youtube.com

 

 Want to have an update on your Home Value?  Go To: www.findoutyourhomevalue.com

 

Your opinion about this is very much appreciated; let me know by either email, text or call me.

 

John Pusa
Glendale, CA

Alberto - Thanks for the detailed homes sold stats in Pasadena for 2nd quarter of 2015.

Aug 26, 2015 09:16 AM