Market at a Glance: Pasadena 91107 – Aug. 30 vs. July 30
Welcome, readers, to a closer look at the Pasadena 91107 real estate market. Whether you’re a potential buyer, seller, or just a curious neighbor, we’ve got the stats and insights you need. Let’s dive into the numbers and see how this vibrant community is faring.
August 30 Stats:
- Homes for Sale: 40
- Median List Price: $1,437,500
- Avg. Price per Square Foot: $773
- Sold Homes (Last 30 Days): 20
- Median Sale Price: $1,273,500
- Avg. Market Time: 13 days
July 30 Stats:
- Homes for Sale: 31
- Median List Price: $1,595,000
- Avg. Price per Square Foot: $890
- Sold Homes (Last 30 Days): 21
- Median Sale Price: $1,160,000
- Avg. Market Time: 28 days
Analysis:
- Median List Price: A slight decrease from July, reflecting potential buyer trends.
- Avg. Price per Square Foot: A decrease indicates buyers are getting more value.
- Sold Homes: A lower number this month suggests a possible slowdown.
- Median Sale Price: Despite fewer sales, the median price increased, showcasing a resilient market.
- Avg. Market Time: A significant drop in days on market indicates heightened demand and faster transactions.
Pasadena 91107: A Snapshot of Neighborhood Charm Nestled within the heart of Southern California, Pasadena 91107 boasts tree-lined streets, a blend of architectural styles, and a community spirit that’s truly infectious. This area offers diverse living options, from the historic elegance of Craftsman homes to modern gems. With stunning parks and the iconic Eaton Canyon Falls nearby, outdoor enthusiasts are in paradise. Convenience is key, with top-notch schools and easy access to both bustling city life and serene natural escapes.
Comparing the Months: These two snapshots show intriguing changes in the Pasadena 91107 real estate landscape. The increase in median sale price despite a lower number of sales hints at a persistent demand for homes in this coveted neighborhood. The drop in days on the market signals a sense of urgency among buyers, possibly due to its attractive location and quality of life. As prices adjust and properties move faster, it’s evident that Pasadena 91107 remains a desirable hub of Southern California living.