Wednesday, August 26, 2015

Pasadena Homes Sold on Second Quarter of 2015

                                         Want Top Dollar For Your Home? 
                                  Experts Say, “Start Planning 60 Days Ahead”

 In the Second quarter (04/01/2015 to 06/30/2015) 287 vs 194 homes sold on the first quarter. The Minimum Listing Price$374,990 vs $225,000 and Selling Price was $345,000 vs $200,000 with 1 vs 2 bedrooms, 1 vs 1 bath, 643 vs 620 square feet house, and 2869 sq ft lot, and 1 day on market.

 Maximum Listing Price $6,488,00 vs $6,950,000 and Selling Price $6,475,500 vs $6,950,000 with 7 vs 5 bedrooms, 7 vs 10 baths, 8909 vs 8644 sq ft home, 55,240 vs 49,586 sq ft lot, and 342 vs 159 days on market.

 Average Listing Price $1,035,584 vs $1,042,153 and Selling Price $1,044,311 vs $1,031,692 with 3 vs 3 bedrooms, 2 vs 2.5 baths, 2002 vs 2039 sq ft home, 10433 vs 10936 sq ft lot and 51 vs 67 days on market.

 Number of hones sold on that price range: 45 vs 25 from 500K to 600K and 36 vs 31 sales were in the price range of 600K to 700K. From all the sales, 9 were short ales, 5 bank owned aka reo, 2 with notice of default and 5 homes on probate

                            MORTGAGES AND INTEREST RATE

For a Conventional Loan 30 year fixed it is at 5% with a 5% down payment for purchases with Private mortgage Insurance includes. Fha Loans at 3.75% 30 year fixed with 3.5% down payment

(For information purposes only) There is a 100% loan available for low and medium income families with NO Private Mortgage Insurance subject to qualification. VA Loans are for Veterans, it is a 100% loan, with NO Private Mortgage Insurance.


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 Your opinion about this is very much appreciated; let me know by either email, text or call me.

 Alberto Pacheco
Realtor Calbre Lic 01200694
818 481 9211
Keller Williams Porter Ranch
Real Estate Consultant  Real Estate News, Mortgages, Trends
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