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Health & Fitness

Pasadena CA real estate: Demand is easing

Pasadena CA real estate is seeing slipping prices as demand slacks off, based on trends released July 18.

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Teri Barton, Neighbor
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Pasadena CA real estate prices continue to edge downward as demand slacks off. The median price was at $699,000, based on numbers released July 18. Market conditions have been consistently cooling in the past several weeks. Pasadena remains in a seller’s market, but if the trend holds, it could be slipping down into a buyer’s zone in a matter of weeks.

The numbers are based on one week alone; trends fluctuate from week to week, so keep watching my blog for updates. If you’d like to read about market trends in other areas of San Gabriel Valley, check out my full article, “San Gabriel Valley real estate: In the seller’s zone.”

These trends are based on Altos Research Real-Time Real Estate Data.

Find out what's happening in Pasadenawith free, real-time updates from Patch.

Pasadena CA real estate: By the numbers

Average days on market: 77

Asking price per sq foot: $438

Find out what's happening in Pasadenawith free, real-time updates from Patch.

Market Action Index score: 38.3

Pasadena CA real estate listings

The Pasadena CA real estate market has been cooling for weeks, and should the trend continue this way, prices will fall further.
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