Sorem & Associates

Sorem & Associates We provide our clients with consistent excellent service by putting their needs first. Powered by Keller Williams Real Estate Services.

Keith DRE #01374635 #10910636 Pam DRE #01910636 Choosing a real estate team is a big decision that can set the tone for your entire transaction. That's why it's critical to find agents with a proven track record of success and strong market knowledge. You'll find both when you work with us, along with the support, guidance, and service you deserve during such an important time in your life. As lon

gtime members of our community, we have an unparalleled understanding of the trends that impact our market, which makes us more effective than the other agents in our area. Our comprehensive sales and marketing strategies consistently result in us selling our listings for the most money in the shortest amount of time. We never cut corners, and we say we're going to do something, you can trust that it will happen. We're also firm believers in educating our clients so they feel in control of what's going on and have a clear picture of what's coming next. And when they need us, we'll always be there to help. We bring the same level of commitment to serving our community, and we're involved in a number of local organizations, including the Boy Scouts, the Oakmont League, and the Glendale Historical Society. Family is also very important to us. We're parents to two beautiful daughters, Danielle and Kristen, and we enjoy spending time together whenever we can. We'd love to be a trusted resource for you and your family, too When you're looking for a real estate team, we want to be your first choice. Please don't hesitate to reach out to us when you have questions or need advice. As full-time agents, we'll be here to answer - 818-230-8049

🏑 Shadow Hills β€’ Sunland β€’ Tujunga Real Estate Market Update | July 2026How does today's market compare with one year ag...
08/16/2026

🏑 Shadow Hills β€’ Sunland β€’ Tujunga Real Estate Market Update | July 2026

How does today's market compare with one year ago?

πŸ“Š July 2025 vs. July 2026
πŸ“ˆ Median Sold Price
$846K β†’ $925K
β–² 9.3%

πŸ“‰ Homes Sold
26 β†’ 23
β–Ό 11.5%

πŸ“ˆ Active Listings
70 β†’ 80
β–² 14.3%

πŸ“ˆ Pending Listings
19 β†’ 22
β–² 15.8%

πŸ“ˆ Months of Inventory
2.7 β†’ 3.5 months
Buyers have more choices than they did last July.

πŸ“‰ Days on Market
43 β†’ 41 days
Essentially unchanged.

πŸ“ˆ Price Per Square Foot
$696.16 β†’ $723.57
β–² 3.9%

πŸ’‘ Market Takeaway

The Shadow Hills, Sunland and Tujunga market continues to show solid year-over-year price strength, even as buyers have more homes to choose from.

The median sale price increased more than 9%, while price per square foot rose nearly 4%. Pending sales were also up almost 16%, suggesting continued buyer activity heading into the next month.

At the same time, active inventory increased and months of inventory rose from 2.7 to 3.5 months. That gives buyers somewhat more selection than they had a year ago.

One particularly encouraging sign for sellers: homes averaged 103% of their original asking price, compared with 97.2% last July.

Bottom Line:
This is becoming a more balanced market, but desirable, properly priced homes are still attracting strong buyer attention.

🏑 What This Means for Buyers & Sellers

For Sellers: Buyers are still willing to compete for the right property, but with more homes available, pricing and presentation matter. Standing out from the competition is increasingly important.

For Buyers: More inventory means greater choice and potentially more negotiating opportunityβ€”but attractive homes can still generate multiple offers.

Thinking about buying or selling in Shadow Hills, Sunland or Tujunga? We'd be happy to provide a complimentary market analysis and discuss what today's market means for you.

Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
πŸ“ž Keith: 818-281-8497
πŸ“ž Pam: 818-281-8397
πŸ“§ Keith: [email protected]
πŸ“§ Pam: [email protected]
🌐 BeautifulVerdugoHomes.com
DRE # 01374653 | 01910636



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🏑 Pasadena Real Estate Market Update | July 2026How does today's market compare with one year ago?πŸ“Š July 2025 vs. July 2...
08/16/2026

🏑 Pasadena Real Estate Market Update | July 2026

How does today's market compare with one year ago?

πŸ“Š July 2025 vs. July 2026
πŸ“‰ Median Sold Price
$1.775M β†’ $1.759M
β–Ό 0.9% β€” essentially unchanged

➑️ Homes Sold
59 β†’ 58
β–Ό 1.7% β€” virtually unchanged

πŸ“‰ Active Listings
139 β†’ 118
β–Ό 15.1%

πŸ“ˆ Pending Listings
22 β†’ 39
β–² 77.3%

πŸ“‰ Months of Inventory
2.4 β†’ 2.0 months
Inventory remains relatively limited.

πŸ“‰ Original List Price Versus Sold Price Ration
103.3% β†’ 96.4%
Buyers are smart and are negotiating, sellers are overpricing on average $122K and need to discount to close the sale

πŸ“ˆ Days on Market
40 β†’ 48 days
Buyers are taking a little more time shopping and negotiating.

πŸ“‰ Price Per Square Foot
$944.05 β†’ $909.70
β–Ό 3.6%

πŸ’‘ Market Takeaway

Pasadena's July market is showing stability in both home prices and sales activity, but buyers are clearly becoming more price-conscious.

The median sale price remained essentially unchanged from last year, while closed sales were nearly identical. At the same time, there were 15% fewer homes available for sale, and pending activity increased substantially.

The important shift is in pricing. Homes sold for an average of 96.6% of their original asking price, compared with 102.5% last July. In addition, about 45% of July sales closed above original list price, down from nearly 70% a year ago.
Bottom Line: Pasadena remains active, but today's buyers are paying close attention to value. Pricing a home correctly from the beginning has become increasingly important.

🏑 What This Means for Buyers & Sellers

For Sellers: Lower inventory is an advantage, but it doesn't guarantee an above-asking sale. Buyers are more selective, making realistic pricing, preparation and marketing especially important.

For Buyers: Homes are taking a little longer to sell, and the lower sale-to-original-list ratio suggests there may be more negotiating opportunity than there was a year ago.

Thinking about buying or selling in Pasadenaβ€”or simply curious what your home might be worth in today's market? We'd be happy to help.

Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
πŸ“ž Keith: 818-281-8497
πŸ“ž Pam: 818-281-8397
πŸ“§ Keith: [email protected]
πŸ“§ Pam: [email protected]
🌐 BeautifulVerdugoHomes.com
DRE # 01374653 | 01910636


CRMLS data is deemed reliable, has not been verified, and is subject to change.

🏑 La CaΓ±ada Flintridge Real Estate Market Update | July 2026How does today's market compare with one year ago?πŸ“Š July 202...
08/16/2026

🏑 La Cañada Flintridge Real Estate Market Update | July 2026

How does today's market compare with one year ago?

πŸ“Š July 2025 vs. July 2026

πŸ“ˆ Median Sold Price
$2.200M β†’ $2.402M
β–² 9.2%

πŸ“ˆ Homes Sold
20 β†’ 27
β–² 35.0%

πŸ“‰ Active Listings
37 β†’ 29
β–Ό 21.6%

πŸ“ˆ Pending Listings
6 β†’ 9
β–² 50.0%

πŸ“‰ Months of Inventory
1.9 β†’ 1.1 months
Inventory has tightened considerably.

πŸ“‰ Days on Market
42 β†’ 31 days
Homes are selling faster.

πŸ“ˆ Price Per Square Foot
$953.91 β†’ $1,028.00
β–² 7.8%

πŸ’‘ Market Takeaway

La CaΓ±ada Flintridge had a particularly strong July.
The median sale price increased more than 9%, while price per square foot rose nearly 8%. Closed sales jumped 35%, even as the number of homes available for sale declined nearly 22%.

That combination pushed inventory down to just 1.1
monthsβ€”one of the tightest inventory levels we've seen among our local communities this month.

Buyer competition remains strong as well. Homes sold for an average of 101.6% of their original asking price, and 59.3% of July sales closed above original list price.

Bottom Line:

Strong buyer demand combined with very limited inventory continues to support La CaΓ±ada Flintridge home values.

🏑 What This Means for Buyers & Sellers

For Sellers: Limited competition from other homes, rising prices and strong buyer activity continue to create favorable conditions.
Proper pricing and presentation can help maximize that advantage.

For Buyers: With just 1.1 months of inventory, choices remain limited. Desirable properties can attract significant competition, making preparation and a strong offer especially important.

Thinking about buying or selling in La CaΓ±ada Flintridgeβ€”or simply curious what your home might be worth in today's market? We'd be happy to help.

Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
πŸ“ž Keith: 818-281-8497
πŸ“ž Pam: 818-281-8397
πŸ“§ Keith: [email protected]
πŸ“§ Pam: [email protected]
🌐 BeautifulVerdugoHomes.com
DRE # 01374653 | 01910636


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🏑 Glendale Real Estate Market Update | June 2026How does today's market compare to one year ago?πŸ“Š June 2025 vs. June 202...
08/16/2026

🏑 Glendale Real Estate Market Update | June 2026

How does today's market compare to one year ago?

πŸ“Š June 2025 vs. June 2026

βœ… Median Sold Price
πŸ“ˆ $1.518M β†’ $1.650M
β–² 8.7%

βœ… Homes Sold
➑️ 40 β†’ 40
No change

βœ… Active Listings
πŸ“ˆ 67 β†’ 69
β–² 3.0%

βœ… Pending Listings
πŸ“‰ 17 β†’ 12
β–Ό 29.4%

βœ… Months of Inventory
➑️ 1.7 β†’ 1.7 months
No change.

βœ… Days on Market
πŸ“ˆ 28 β†’ 48 days
β–² 20 days

βœ… Price Per Square Foot
πŸ“‰ $840.99 β†’ $806.97
β–Ό 4.0%
________________________________________

πŸ’‘ Market Takeaway
Glendale continues to be one of the strongest real estate markets in our area.

Home values increased nearly 9% over the past year while the number of homes sold remained steady. Although buyers are taking more time to make purchasing decisions, inventory remains very limited at just 1.7 months, and sellers are still averaging 102.4% of their original asking price.

Bottom Line:

The market is becoming a bit more thoughtfulβ€”not weaker. Buyers are taking longer to choose the right home, but well-priced properties continue to command strong offers and premium prices.
________________________________________

🏑 What This Means for Buyers & Sellers

For Sellers: Rising home values and continued buyer competition make this an excellent time to sell, provided your home is priced and marketed strategically.

For Buyers: While you may have a little more time to evaluate homes than last year, desirable properties continue to attract multiple offers. Being prepared remains the key to success.
________________________________________

Curious what your Glendale home is worth in today's market?
We'd be happy to provide a complimentary home value analysis and discuss your real estate goals.

Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
πŸ“ž Keith: 818-281-8497
πŸ“ž Pam: 818-281-8397
πŸ“§ Keith: [email protected]
πŸ“§ Pam: [email protected]
🌐 BeautifulVerdugoHomes.com
DRE # 01374653 | 01910636

CRMLS data has not been verified, is subject to change, and is deemed reliable

Crescenta Valley Real Estate Market Update | June 2026(Glendale Annex β€’ La Crescenta β€’ Montrose)How does today's market ...
08/16/2026

Crescenta Valley Real Estate Market Update | June 2026

(Glendale Annex β€’ La Crescenta β€’ Montrose)

How does today's market compare to one year ago?

πŸ“Š June 2025 vs. June 2026

βœ… Median Sold Price
πŸ“ˆ $1.308M β†’ $1.385M
β–² 5.9%

βœ… Homes Sold
➑️ 25 β†’ 25
No change

βœ… Active Listings
πŸ“ˆ 34 β†’ 36
β–² 5.9%

βœ… Pending Listings
πŸ“‰ 12 β†’ 6
β–Ό 50%

βœ… Months of Inventory
➑️ 1.4 β†’ 1.4 months
No change.

βœ… Days on Market
πŸ“‰ 42 β†’ 40 days
Homes are selling slightly faster.

βœ… Price Per Square Foot
πŸ“ˆ $814.97 β†’ $842.37
β–² 3.4%
________________________________________
πŸ’‘ Market Takeaway

The Crescenta Valley market continues to demonstrate remarkable stability.

Home values are up nearly 6% compared to last year, while the number of homes sold remained exactly the same. Although there are slightly more homes available, inventory remains exceptionally low at 1.4 months, and homes are selling a bit faster than they were a year ago.

One statistic worth watching is the drop in pending listings, which suggests buyers may be taking a more deliberate approach despite continued demand.

Bottom Line:

Well-priced homes continue to perform well, and the market remains balanced in favor of sellers thanks to limited inventory.
________________________________________

🏑 What This Means for Buyers & Sellers

For Sellers: Rising home values and low inventory continue to create excellent selling opportunities.

For Buyers: While competition has eased slightly, desirable homes continue to sell quickly, making preparation and strong offers important.
________________________________________

Thinking about buying or selling in La Crescenta, Montrose or Glendale Annex?
We'd be happy to provide a complimentary home value analysis or discuss today's market.

Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
πŸ“ž Keith: 818-281-8497
πŸ“ž Pam: 818-281-8397
πŸ“§ Keith: [email protected]
πŸ“§ Pam: [email protected]
🌐 BeautifulVerdugoHomes.com
DRE # 01374653 | 01910636



CRMLS data is deemed reliable, has not been verified, and is subject to change.
________________________________________

Burbank Housing Market | July 2026 Year-over-Year UpdateBurbank's July housing market delivered solid year-over-year pri...
08/16/2026

Burbank Housing Market | July 2026 Year-over-Year Update

Burbank's July housing market delivered solid year-over-year price growth while available inventory remained considerably below last year's level.

Year-over-Year Highlights | July 2025 β†’ July 2026

β€’ Median sale price: $1.274M β†’ $1.403M (+10.1%)

β€’ Closed sales: 36 β†’ 37 (+2.8%)

β€’ Active listings: 110 β†’ 76 (-30.9%)

β€’ Pending listings: 35 β†’ 19 (-45.7%)

β€’ Months of inventory: 3.1 β†’ 2.1 months

β€’ Average marketing time: 57 β†’ 44 days

β€’ Price per square foot: $784.31 β†’ $856.55 (+9.2%)

β€’ Original list price vs. sold price: 101.6% β†’ 98.4%

Market Takeaway

Burbank's July numbers demonstrate the impact of limited housing supply.

Despite having nearly 31% fewer active listings than a year ago, closed sales remained essentially unchanged. At the same time, the median sale price increased approximately 10% and price per square foot increased more than 9%.

Those two price measures moving in the same direction provide a stronger indication of year-over-year price strength than median price alone.

However, buyers are becoming more price-conscious. Homes averaged 98.4% of their original asking price, and pending activity was considerably lower than last July. Those are important trends to watch in the months ahead.

What This Means for Buyers & Sellers

For sellers, Burbank's limited inventory continues to provide an advantage, particularly for homes that are priced appropriately and presented well.

For buyers, choices remain limited, but today's market may offer more negotiating opportunity than the headline price numbers suggest.

Every home and neighborhood is different. If you'd like to know how today's Burbank market affects your property's valueβ€”or you're considering your next moveβ€”we'd be happy to provide a personalized market analysis.

Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
πŸ“ž Keith: 818-281-8497
πŸ“ž Pam: 818-281-8397
πŸ“§ Keith: [email protected]
πŸ“§ Pam: [email protected]
🌐 BeautifulVerdugoHomes.com
DRE # 01374653 | 01910636

CRMLS data is deemed reliable, has not been verified, and is subject to change.

🏑 Burbank Real Estate Market Update | July 2026How does today's market compare with one year ago?πŸ“Š July 2025 vs. July 20...
08/16/2026

🏑 Burbank Real Estate Market Update | July 2026

How does today's market compare with one year ago?

πŸ“Š July 2025 vs. July 2026

πŸ“ˆ Median Sold Price
$1.274M β†’ $1.403M
β–² 10.1%

πŸ“ˆ Homes Sold
36 β†’ 37
β–² 2.8%

πŸ“‰ Active Listings
110 β†’ 76
β–Ό 30.9%

πŸ“‰ Pending Listings
35 β†’ 19
β–Ό 45.7%

πŸ“‰ Months of Inventory
3.1 β†’ 2.1 months
Inventory remains relatively limited, declining by ONE MONTH.

πŸ“‰ Days on Market
57 β†’ 44 days
Homes sold about two weeks faster than last July.

πŸ“ˆ Price Per Square Foot
$784.31 β†’ $856.55
β–² 9.2% Up $72

πŸ’‘ Market Takeaway

Burbank home values showed solid year-over-year strength in July.
The median sale price increased more than 10%, price per square foot rose approximately 9%, and closed sales remained essentially unchangedβ€”even though there were 31% fewer homes available for sale than a year ago.

One number we're watching is pending activity, which declined considerably from last July. Buyers are also showing greater price sensitivity, with homes selling for an average of 98.4% of their original asking price.

Bottom Line: Limited inventory continues to support Burbank home values, but today's buyers are paying close attention to pricing.

🏑 What This Means for Buyers & Sellers

For Sellers: With significantly fewer homes available than last year, sellers still benefit from limited competition. But accurate pricing and strong presentation are increasingly important.

For Buyers: Fewer available homes can make finding the right property challenging, but today's more deliberate market may provide opportunities for negotiation.

Thinking about buying or selling in Burbankβ€”or simply curious what your home might be worth today? We'd be happy to help.

Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
πŸ“ž Keith: 818-281-8497
πŸ“ž Pam: 818-281-8397
πŸ“§ Keith: [email protected]
πŸ“§ Pam: [email protected]
🌐 BeautifulVerdugoHomes.com
DRE # 01374653 | 01910636



CRMLS data is deemed reliable, has not been verified, and is subject to change.

🏑 Altadena Real Estate Market Update | June 2026How does today's market compare to one year ago?πŸ“Š June 2025 vs. June 202...
08/16/2026

🏑 Altadena Real Estate Market Update | June 2026
How does today's market compare to one year ago?

πŸ“Š June 2025 vs. June 2026
βœ… Median Sold Price
πŸ“ˆ $1.30M β†’ $1.485M
β–² 14.2% Year over Year

βœ… Homes Sold
πŸ“ˆ 11 β†’ 19
β–² 72.7% increase

βœ… Pending Listings
πŸ“ˆ 13 β†’ 24
β–² 84.6% increase

βœ… Active Listings
πŸ“ˆ 36 β†’ 40
β–² 11.1% more inventory

βœ… Months of Inventory
πŸ“‰ 3.3 β†’ 2.1 months
Inventory remains relatively tight despite additional listings.

βœ… Days on Market
πŸ“ˆ 43 β†’ 54 days
Homes are taking a little longer to sell than they did a year ago.

βœ… Price Per Square Foot
πŸ“‰ $832.66 β†’ $784.98
A slight decrease of about 5.7%, showing buyers continue to focus
on overall value.

🏠 What does this mean?

The Altadena market remains remarkably resilient. Home prices have climbed over 14% from last year while sales activity has increased significantly. More homes are coming to market, but inventory remains low enough to continue supporting sellers.

Altadena Fire June, 2026
Homes Lost 6,000
Active Listings 35, Accepted Offer 10, Pending 12, Sold 21
Median Price (000’s) $608K DIM 48
$ / .Sq. Ft Lot $72.44 Sq. Ft Lot Area 9,061

πŸ’‘ Market Takeaway

The numbers tell an encouraging story for Altadena homeowners.
Although there are slightly more homes on the market than a year ago, buyer demand has increased even more. Pending sales jumped nearly 85%, and 60% of all active listings are currently under contract, compared to just 36% one year ago.

Homes are taking about 11 days longer to sell, which means buyers are becoming a little more selective. However, with the median sales price up more than 14% year over year, properly priced homes continue to attract strong interest.

Bottom Line:
The market has shifted from the frenzy of previous years, but it remains a very healthy seller's market. Pricing your home correctly from the start is more important than ever.

πŸ“Whether you're thinking about buying, selling, or simply curious about your home's current value, we'd be happy to provide a personalized market analysis.

☎️ Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
πŸ“ž Keith: 818-281-8497 Pam: 818-281-8397
🌐 BeautifulVerdugoHomes.com
πŸ“§ [email protected]
[email protected]
DRE # 01374653 | 01910636

Thinking of making a move in 2026?
Send us a message or give us a callβ€”we're always happy to help!


CRMLS data has not been verified, is subject to change, and is deemed reliable

July 2026 Real Estate Market UpdateOur Communities at a GlanceπŸ“ Altadena β€’ Burbank β€’ Glendale β€’ La Crescenta β€’ La CaΓ±ada...
08/15/2026

July 2026 Real Estate Market Update
Our Communities at a Glance
πŸ“ Altadena β€’ Burbank β€’ Glendale β€’ La Crescenta β€’ La CaΓ±ada Flintridge β€’ Montrose β€’ Pasadena β€’ Shadow Hills β€’ Sunland β€’ Tujunga

How does our overall market compare with one year ago?

πŸ“Š July 2025 vs. July 2026
πŸ“ˆ Median Sold Price
$1.500M β†’ $1.560M
β–² 4.0%

πŸ“ˆ Homes Sold
207 β†’ 232
β–² 12.1%

πŸ“‰ Active Listings
506 β†’ 462
β–Ό 8.7%

πŸ“ˆ Pending Listings
118 β†’ 127
β–² 7.6%

πŸ“‰ Months of Inventory
2.4 β†’ 2.0 months
Inventory remains limited.
πŸ“ˆ Days on Market
37 β†’ 42 days
Homes are taking slightly longer to sell.

πŸ“‰ Price Per Square Foot
$886.67 β†’ $845.12
β–Ό 4.7%

πŸ’‘ Market Takeaway
July's overall market shows an encouraging combination of higher median prices, increased sales activity and fewer homes available for sale.

The median sale price increased 4%, while closed sales jumped more than 12% compared with last July. Pending sales also increased, while active inventory declined nearly 9%.

At the same time, buyers are showing some price sensitivity. Homes sold for an average of 99.8% of their original asking price, and average marketing time increased from 37 to 42 days.
About 50% of July sales still closed above original list price, demonstrating that buyers will compete when they see the right combination of property, condition and price.

Bottom Line:
Our overall market remains healthy and competitive, but today's buyers are selective. Correct pricing and strong presentation are increasingly important.

🏑 What This Means for Buyers & Sellers
For Sellers: Fewer available homes and increased sales activity provide a favorable backdrop, but buyers are paying close attention to value. Pricing correctly from the beginning can make a significant difference.

For Buyers: Despite limited inventory, homes are taking slightly longer to sell, which may provide a little more time to evaluate properties and negotiate. The most desirable homes, however, can still attract strong competition.

Every neighborhood tells a different story. If you'd like to know what's happening specifically in your communityβ€”or what your home might be worth in today's marketβ€”we'd be happy to help.

Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
πŸ“ž Keith: 818-281-8497
πŸ“ž Pam: 818-281-8397
πŸ“§ Keith: [email protected]
πŸ“§ Pam: [email protected]
🌐 BeautifulVerdugoHomes.com
DRE # 01374653 | 01910636



CRMLS data has not been verified, is subject to change, and is deemed reliable

🏑     Pasadena Real Estate Market Update | June 2026How does today’s market compare with one year ago?πŸ“Š June 2025 vs. Ju...
07/19/2026

🏑 Pasadena Real Estate Market Update | June 2026

How does today’s market compare with one year ago?

πŸ“Š June 2025 vs. June 2026
βœ… Median Sold Price
πŸ“‰ $1.609M β†’ $1.485M
β–Ό 7.7%

βœ… Homes Sold
πŸ“‰ 72 β†’ 68
β–Ό 5.6%

βœ… Active Listings
πŸ“ˆ 126 β†’ 135
β–² 7.1%

βœ… Pending Listings
πŸ“‰ 38 β†’ 36
β–Ό 5.3%

βœ… Months of Inventory
πŸ“ˆ 1.8 β†’ 2.0 months
Buyers have slightly more selection, although inventory remains limited.

βœ… Days on Market
πŸ“‰ 42 β†’ 41 days
Essentially unchanged.

βœ… Price Per Square Foot
πŸ“‰ $996.40 β†’ $950.69
β–Ό 4.6%

πŸ’‘ Market Takeaway

Pasadena’s market is offering buyers a little more choice, but well-positioned homes are still attracting strong offers.

The median sale price declined year over year, while active inventory increased modestly. However, homes sold in June for an average of 102.2% of their original asking price, and nearly 62% of sales closed above the original list price.

This suggests that the most desirable and accurately priced properties continue to generate significant competition.

Bottom Line:

Pasadena remains competitive, but results vary considerably by neighborhood, price range and property condition. Strategic pricing and strong marketing are especially important in today’s market.

🏑 What This Means for Buyers & Sellers

For Sellers: Buyers remain willing to compete for homes that are priced correctly and presented well, but overpricing can result in longer market times or price reductions.

For Buyers: The increase in available inventory may provide additional options, but desirable homes can still sell quickly and above asking.

Curious what your Pasadena home may be worth in today’s market? We’d be happy to provide a complimentary market analysis or discuss your buying and selling plans.

Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
πŸ“ž Keith: 818-281-8497
πŸ“ž Pam: 818-281-8397
πŸ“§ Keith: [email protected]
πŸ“§ Pam: [email protected]
🌐 BeautifulVerdugoHomes.com
DRE # 01374653 | 01910636



CRMLS data is deemed reliable, has not been verified, and is subject to change.

________________________________________

Address

Keller Williams Realty 889 Americana Way, Suite 408
Glendale, CA
91210

Telephone

+18182308049

Website

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