Just In: Market Report for Greater Pasadena for Third Quarter of 2016
According to the Pasadena Foothills Association of Realtors ITEC Multiple Listing Service, three of the five areas covered in this report enjoyed an increase in median price in the third quarter of 2016 versus the third quarter of 2015.
- Pasadena, Altadena, and La Canada Flintridge experienced increases of 6.6%, 6.3%, and14.3% in median sale price while San Marino and South Pasadena dipped 5.2% and 7.7%compared to the third quarter of 2015.
- Similar to median price, average sales price and average list price posted gains in
Pasadena, Altadena, and La Canada Flintridge. San Marino and South Pasadena’s average
list and sales prices decreased compared to the third quarter of 2015.
- Inventory has been tight in the second and third quarters in certain areas covered in this report, units sold increased in Altadena by 9.1% and in San Marino by 40.7% compared to the third quarter of 2015.
Read the full report in depth by clicking here. Full PDF available for download. Past market reports also available for download.