September inventory for Pasadena single family homes has increased 21% over same period last year. With the increase in inventory, buyer's have more choice and as a result, sales have increased 28%. Prices remain stable both in the price per square foot AND in median sales price. Opportunities exist for both buyer's AND seller's at this time. Buyer's will find that they have more properties to evaluate, and seller's will find that buyer's remain optimistic.
If you are thinking about making a home purchase, the holidays are historically the absolute BEST time, and if you are a seller contemplating selling, NOW is the time to evaluate the value of your home and devise a plan which will help you reach your goals.
Please give us a call if you would like a no obligation market analysis on your home.
Mark & Cynthia