pasadena homes for sale: 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)

pasadena homes for sale: Market Update for San Rafael Hills homes for sale, week ending 6/13/15 - 06/14/15 03:51 AM
How's the market in Pasadena's San Rafael Hills Real Estate area week ending 6/13/15?
 
San Rafael Hills Real Estate is a Seller’s Market. Here's why:
·     2 months supply of homes trending
·      7 Homes available (3 New this week!)
 
The 6 month numbers are as follows:
Average Sale Price: $968,376
Median Sale Price: $930,000
Average Days on Market: 37
Average Sale Price to List Price Ratio: 101.29%
 
Of Special Note this week: Summer supply is here for the San Rafael Hills homes for sale market! Inventory is slightly up compared to earlier this year (http://actvra.in/4yRB) but prices are also up, and compared to 2011 when average prices were in the mid $700,000s, it's a strong time for sellers. … (0 comments)

pasadena homes for sale: San Rafael Hills Real Estate Market Update for week ending 2/22/15 - 02/23/15 04:18 AM
Market Update for Pasadena’s San Rafael Hills Homes for sale for week ending 2/22/15
San Rafael Hills Real Estate is a Seller's Market. Here's why:
•     3 WEEKS supply of homes trending
•     4 Home available (1 new this week)
The 6 month numbers are as follows:
Average Sale Price: $864,800
Median Sale Price: $831,500
Average Days on Market: 41
Average Sale Price to List Price Ratio: 101.08%
Of Special Note this week:  The San Rafael Hills area of West Pasadena is continuing to show its desirability as inventory is selling promptly and owners are staying in place - big demand, low … (1 comments)

pasadena homes for sale: Market Update: Pasadena's CalTech Area Homes for Sale, week 11/16/14 - 11/17/14 07:57 AM
Market Update for Pasadena’s CalTech Area Homes for sale for week ending 11/16/14?
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: $1,726,103
Median Sale Price: $1,387,500
Average Days on Market: 48
Average Sale Price to List Price Ratio: 100.43%
Of Special Note this week:  Seller’s Market continues unabated! One would think we’d get sick of same thing CalTech Area, but seller’s love it! Two recent homes on the market sold with many, many offers, including one that needed significant work. … (2 comments)

pasadena homes for sale: Market Update for Pasadena's CalTech Area Homes for Sale, week 9/28/14 - 09/29/14 04:34 AM
CalTech Area Real Estate is a Seller's Market. Here's why:
•     0 WEEKS supply of homes trending (NO HOMES FOR SALE!)
•     0 Home available (0 new this week)
The 6 month numbers are as follows:
Average Sale Price: $1,378,429
Median Sale Price: $1,320,000
Average Days on Market: 42
Average Sale Price to List Price Ratio: 105.80%
Of Special Note this week:  AGAIN – NO HOMES FOR SALE! This is truly a seller’s market, and with prices up already so much this year (Average up over $300,000 since March!), it’s a fantastic time for a seller in the CalTech area to put their home on … (1 comments)

pasadena homes for sale: Market Update for Pasadena CalTech Homes for Sale, week ending 2/3/14 - 02/04/14 08:16 AM
 
Market Update for Pasadena’s CalTech Area Homes for sale for week ending 2/3/14?
 
CalTech Area Real Estate is a Seller's Market. Here's why:
 
•     1.5 months supply of homes trending
 
•     3 Home available (1 new this week)
 
The 6 month numbers are as follows:
 
Average Sale Price: $1,218,497
 
Median Sale Price: $1,045,000
 
Average Days on Market: 49
 
Average Sale Price to List Price Ratio: 107.17
 
Of Special Note this week:  One new property hits the market and due to it’s condition and the price, it is expected to sell fast!  This is the only change … (1 comments)

pasadena homes for sale: Market Update for Pasadena's CalTech Area Homes for Sale for 1/13/14 - 01/17/14 04:31 AM
Market Update for Pasadena’s CalTech Area Homes for sale for week ending 01/13/14?
 
CalTech Area Real Estate is a Seller's Market. Here's why:
 
•     1 months supply of homes trending
 
•     2 Home available (0 new this week)
 
The 6 month numbers are as follows:
 
Average Sale Price: $1,183,998
 
Median Sale Price: $1,025,000
 
Average Days on Market: 49
 
Average Sale Price to List Price Ratio: 107.40
 
Of Special Note this week:  Happy New Year! Just like the weather here recently, the CalTech area has been dry for an extended period of time and the holidays did nothing … (2 comments)

pasadena homes for sale: 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)

pasadena homes for sale: 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)

pasadena homes for sale: Market update for South Pasadena Homes for Sale, week ending 3/4/13 - 03/07/13 02:08 PM
Here’s the market update for South Pasadena Homes for Sale for the week ending 3/4/13:
It's a Seller’s Market, Here's why:
1 1/3 months supply of homes trending 19 Homes available total # Condos Available: 4 (3 new this week)
# Single Family Homes Available: 15 (6 new this week!)
The 6 month numbers are as follows:
Average Sale Price: $855,990
Median Sale Price: $745,500
Average Days on Market: 62
Average Sale Price to List Price Ratio: 98.66
Of Special Note this week: Can you say CASH….can you say MULTIPLE OFFERS? Yes, in my experience with my buyer pool this week, we’ve seen it … (0 comments)

pasadena homes for sale: 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)

pasadena homes for sale: How's the Market in the CalTech Area of Pasadena Real Estate for week ending 11/6/11? - 11/08/11 04:22 PM
How's the market for Pasadena homes for sale in the CalTech Real Estate area week ending 11/6/11?
CalTech Area Real Estate is a Seller's Market. Here's why:
•     2 months supply of homes trending
•     6 Homes available (nothing new this week)
The 6 month numbers are as follows:
Average Sale Price: $789,272 (down about 75K from September)
Median Sale Price: $739,495
Average Days on Market: 69
Average Sale Price to List Price Ratio: 96.30
Of Special Note this week: I’ve received a few notes wondering where my column went, and well, I’ve been here, taking care of my clients. I’ve closed 5 transaction sides in … (1 comments)

pasadena homes for sale: San Rafael Hills Real Estate Market Update for week ending 10/2/11 - 10/02/11 06:25 PM
How's the market in Pasadena's San Rafael Hills Real Estate area week ending 10/2/11?
 
San Rafael Hills Real Estate is a Seller’s Market. Here's why:
·     2.25 months supply of homes trending
·     9 Homes available (1 New this week)
 
The 6 month numbers are as follows:
Average Sale Price: $763,460
Median Sale Price: $750,000
Average Days on Market: 56
Average Sale Price to List Price Ratio: 99.21
 
Of Special Note this week: Supply is Down!!  Are we seeing a contraction of the market preparing for an additional increase in demand? Perhaps, as this is the general trend in the West … (0 comments)

pasadena homes for sale: San Rafael Hills Real Estate Market Update for week ending 9/18/11 - 09/19/11 05:39 PM
How's the market in Pasadena's San Rafael Hills Real Estate area week ending 9/18/11?
 
San Rafael Hills Real Estate is a Seller’s Market. Here's why:
·     2.4 months supply of homes trending
·     11 Homes available (1 New this week)
 
The 6 month numbers are as follows:
Average Sale Price: $754,167 (Down about $50K from 2 months ago)
Median Sale Price: $749,000
Average Days on Market: 57
Average Sale Price to List Price Ratio: 99.34
 
Of Special Note this week: With 98% of summer behind us, things are expected to slow as fall begins, however, this time also means that sales numbers … (0 comments)

pasadena homes for sale: 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)

pasadena homes for sale: 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)

pasadena homes for sale: San Rafael Hills Real Estate Market Update for week ending 8/1/11 - 08/08/11 03:49 PM
How's the market in Pasadena's San Rafael Hills Real Estate area week ending 8/1/11?
 
San Rafael Hills Real Estate is a Seller’s Market. Here's why:
·     4 months supply of homes trending
·     12 Homes available (1 New this week)
 
The 6 month numbers are as follows:
Average Sale Price: $803,605
Median Sale Price: $812,500
Average Days on Market: 64
Average Sale Price to List Price Ratio: 98.98
 
Of Special Note this week: After a great long vacation, I’m back to update the market in San Rafael Hills! My apologies for all those that were in market update withdrawal. These short term … (2 comments)

pasadena homes for sale: 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)

pasadena homes for sale: San Rafael Hills Real Estate Market Update for week ending 6/26/11 - 06/28/11 03:47 PM
How's the market in Pasadena's San Rafael Hills Real Estate area week ending 6/26/11?
San Rafael Hills Real Estate is a Balanced Market. Here's why:
•    6 months supply of homes trending
•    15 Homes available (3 New this week)
The 6 month numbers are as follows:
Average Sale Price: $816,133
Median Sale Price: $825,000
Average Days on Market: 75
Average Sale Price to List Price Ratio: 98.66
Of Special Note this week: If 2 weeks makes a trend, and that's debatable, then we are seeing some market slowing. Despite today's national news about prices going up, which are actually a measurement from March to April … (0 comments)

pasadena homes for sale: San Rafael Hills Real Estate Market Update for week ending 6/19/11 - 06/23/11 06:22 PM
How's the market in Pasadena's San Rafael Hills Real Estate area week ending 6/19/11?
San Rafael Hills Real Estate is a Balanced Market. Here's why:
•    6 months supply of homes trending
•    12 Homes available (1 New this week)
The 6 month numbers are as follows:
Average Sale Price: $829,750
Median Sale Price: $832,500
Average Days on Market: 86
Average Sale Price to List Price Ratio: 98.25
Of Special Note this week: Significant Change!! For the first time in many months we have seen a shift from a clear seller's market to an evenly balanced market! Things have slowed, although closed average prices have … (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



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