Pasadena, CA Market Update for July 2007

Here are the latest real estate market statistics for Pasadena, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 34.7%*

Average	June 2007	July 2007	% Change
Asking Price	$808,463	$795,127	-1.6%
Sales Price	$793,561	$774,936	-2.3%
% of Asking Price	98%	97%	-1.0%
$/SQFT	$469	$460	-1.9%
Days on Market	62	54	-12.9%
Total Transactions	166	108	-34.9%

Search for homes in Pasadena, CA and read a neighborhood overview of the Pasadena, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 786 properties on the market with 273 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.