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up2date Real Estate Market Report for Pasadena -Pasadena December Home SalesPasadena December Home Sales

-Single FamilySingle Family

-Townhomes & CondominiumsTownhomes & Condominiums

-GraphsGraphs

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Residential Homes

(condos, townhomes & single family)

Median Price

2008 $489,000

2007 $582,500

% Change (16 %)

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Single Family Homes

Median Price

2008 $558,000

2007 $767,500

% Change (27.2 %)

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Number of Single Family Homes Sold

2008 72 units

2007 40 units

% Change (80 %)

Average Days on Marketcurrent days on market

2008 63 / 103

2007 67 / 74

% Change (6%) / 39%

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Current Inventory of Single Family Homes

Days on Market Number Median Price Current/Total

Active 290 $687,000 33 / 78

Contingent 30 $478,300 100 / 183

Pending 40 $477,90053 / 116

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Townhomes & Condominiums

Median Price

2008 $395,000

2007 $475,000

% Change (16.8 %)

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Number of Townhomes/Condo Units Sold

2008 33 units

2007 39 units

% Change (15%)

Average Days on Market

current days on market / cumulative days on market

2008 127 / 134

2007 30 / 37

% Change 323% / 262%

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Current Inventory Of Townhomes & Condominium

Days Market Number Median Price Current/Tot

Active 224 $499,000 33 / 82

Contingent 20 $444,900158 / 180

Pending 21 $419,000 95 / 127

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Pasadena Monthly Unit Home Sales

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2004 2005 2006 2007 2008

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Pasadena Median Home Prices

$450,000

$500,000

$550,000

$600,000

$650,000

$700,000

$750,000

Jan

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Apr

May

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Aug

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Dec

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Jan

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2004 2005 2006 2007 2008

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Pasadena Annual Median Home Prices

$450,000

$500,000

$550,000

$600,000

$650,000

$700,000

$750,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2004

2005

2006

2007

2008