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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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