caltech homes: 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)

caltech homes: 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)

caltech homes: Market Update for Pasadena's CalTech Area Homes for Sale for 12/15/13 - 12/17/13 06:29 AM
How's the market for Pasadena’s CalTech Area Homes for sale for week ending 12/15/13?
CalTech Area Real Estate is a Seller's Market. Here's why:
 •     2 months supply of homes trending
•     1 Home available (0 new this week)
 
The 6 month numbers are as follows:
 Average Sale Price: $1,115,581
 Median Sale Price: $951,000
 Average Days on Market: 40
 Average Sale Price to List Price Ratio: 109.66
 
Of Special Note this week:  Compared to 9 months ago, these numbers are stunning. Inventory has been nearly non-existent for many months. March had 9 active listings and average price in the mid $800s. It’s clear that this is … (0 comments)

caltech homes: Market Update for Pasadena's CalTech Area Homes for Sale for 3/4/13 - 03/07/13 02:21 PM
Market Update for Pasadena’s CalTech Area Homes for sale for week ending 3/4/13?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     1.5 months supply of homes trending
•     7 Homes available (2 new this week)
The 6 month numbers are as follows:
Average Sale Price: $824,380
Median Sale Price: $733,250
Average Days on Market: 68
Average Sale Price to List Price Ratio: 101.40
Of Special Note this week:  2 properties come on the market, 2 properties sell!  The shortage of inventory doesn’t change. The two new properties that did come up were wonderful – one is a warm Spanish that is a … (0 comments)

caltech homes: Cal Tech Neighborhood Real Estate Market Update for week ending 11/13/11 - 11/15/11 05:10 PM
Market Update for Pasadena’s CalTech Neighborhood for week ending 11/13/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     2.3 months supply of homes trending
•     7 Homes available (1 new this week)
The 6 month numbers are as follows:
AverageSalePrice: $789,272
MedianSalePrice: $739,495
Average Days on Market: 69
AverageSalePrice to List Price Ratio: 96.30
Of Special Note this week:  A property that was just newly purchased this past September is becoming available again next week by it’s new owner, an online entrepreneur. This follows another on Rose Villa that was new this past week, so we are seeing a short term pick up in … (1 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



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