Pasadena CA | Lower Hastings Ranch Homes For Sale and Market Update
This is a recap of homes for sale in the Lower Hastings Ranch neighborhood of Pasadena. The Hastings Ranch area consists of three separate neighborhoods: Lower Hastings Ranch, Upper Hastings Ranch and Hastings Heights.
Lower Hastings Ranch consists of approximately 250 to 300 homes. More custom than Upper Hastings Ranch, the homes are generally single level on wide lots and situated on tree-lined streets. There are some condos and apartments in the southern part of the neighborhood but this report will cover single family homes only.
Construction in Lower Hastings Ranch began in the late 1940s with the majority of homes built in the 1950s. The area is located just north of multiple shopping areas and numerous restaurants.
It is convenient to many recreational and cultural points of interest as well as transportation.
There are currently two Lower Hastings Ranch homes for sale. One is a four bedroom with approximately 2064 square feet priced at $889,000 and the other is a three bedroom with three bedrooms and approximately 1752 square feet listed for $815,900. There have been ten homes sold in the neighborhood from January through September 2014. Those mls-reported sales range from $730,000 to $1,400,000 with an average sales price of $1,035,100(median sales price $1,050,000). They sold at an average 102.43% of last list price and for $501.02 per square foot.
In the same nine month period in 2013, there were fourteen reported sales ranging from $515,000 to $1,130,000 with an average sales price of $826,188(median $841,000).
They sold at an average 98.91% of last list price and for $419.88 per square foot. One of the properties actually sold twice in that period -- one as a bank-owned property for its list price of $515,000 in February and then renovated for $705,000(list price $689,950).
If you would like to know more detailed information regarding Lower Hastings Ranch or any Pasadena real estate contact me at 818.516.4393 cell or firstname.lastname@example.org.
Pasadena CA | Lower Hastings Ranch Homes For Sale and Market Urpdate