Market Report for Greater Pasadena in First Quarter of 2016
I am pleased to report that in the first quarter of 2016, four of the five areas covered in this market report enjoyed a steady increase in their Median price, according to the Pasadena Foothills Association of Realtors ITEC Multiple Listing Service.
- La Canada and San Marino enjoyed an upswing compared to first quarter 2015.
- Average selling price was down in the first quarter as well compared to 2015 in 4 of the
5 areas, Altadena was a bright spot with an increase of just over 15%.
- San Marino increased 46% from 22 to 32 sold units.
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