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up2date Real Estate Market Report for Pasadena

-January 2009 Home Sales

-Single Family

-Townhomes & Condominiums

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Pasadena – All Residential Units

Median Price

2009 $429,000

2008 $649,500

% Change (34%)

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Number of Homes Sold- All Residential

2009 57 units

2008 53 units

% Change 7.5%

Average Days on Marketcurrent days on market / cumulative days on market

2009 95 / 119

2008 53 / 139

% Change 79%

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Pasadena – Single Family Units

Median Price

2009 $505,000

2008 $659,000

% Change (23%)

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Number of Single Family Homes Sold

2009 30 units

2008 35 units

% Change (14%)

Average Days on Marketcurrent days on market / cumulative days on market

2009 94 / 124

2008 46 / 71

% Change 104%

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Current Inventory of Single Family Homes

Number Median Price Days/Mkt

Active 322 $649,000 151

Contingent 48 $525,000 69 / 112

Pending 54 $454,500 69 / 113

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Townhomes & Condominiums

Median Price

2009 $415,000

2008 $600,000

% Change (31%)

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Townhomes & Condominiums

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Number of Units Sold

2009 28 units

2008 18 units

% Change 55%

Average Days on Market

current days on market / cumulative days on market

2009 95 /114

2008 68 /271

% Change 40%

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Current Inventory of Townhomes & Condominiums

Number Median Price Days/Mkt

Active 265 $499,000 139

Contingent 21 $389,000 96 / 171

Pending 21 $365,000 114 / 161

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