Well, I think we finally hit bottom and are on our way up
The statistics are from Feb. 13 until Mar. 13, 2009
197 active listings, from $199,900 for a Ca. Casual (Pasadena Model) to $1,025,000 for a Marseille on the golf course (2938')
Here is the real exciting part:
There were 16 pending sales this month, from $239,900 for a Lanai model (1213') to $519,000for a Baccarat on the golf course.
There were 9 homes that closed escrow this last month, from $236,400 for an Orrefors to a Marseille on a privacy lot for $655,000.
Very encouraging, even thought prices are down.
Thursday, March 12, 2009
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