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AAROE MARKET REPORT

03 14

SAN GABRIEL VALLEY Single Family Residences


Agent Profile: Ramiro Rivas

Ramiro Rivas is a life time resident of the City of Pasadena, and has extensive knowledge of San Gabriel Valley and Los Angeles real estate. With a design background from the world-renowned Art Center College of Design in Pasadena, he brings his creative and energetic personality into every transaction. Ramiro has been active and involved in Real Estate investments, as well as civic and neighborhood associations for over 15 years. While emphasizing hands-on client relationships and integrating the full spectrum of cutting-edge and internet technology, Ramiro delivers a powerful dimension to client services with up-to-the-minute, reliable information. Together with the John Aaroe Group, Ramiro Rivas and his real estate team are committed to meeting your personal, financial and life-style goals while maintaining a life time business relationship based on trust, value and performance. DRE #01406511 Professional Standards: • Specializing in Pasadena, Altadena, San Marino, La Canada Flintridge, South Pasadena, and Los Angeles Properties. • Dedicated to the Integrity of the Real Estate Profession. • Full Service Representation for Buyers, Sellers, and Short Sale Home Owners. • Member of the Pasadena-Foothills Association of Realtors and the National Association of Realtors.


Agent Profile: Erica Rivas

Erica Rivas’ extensive knowledge of Pasadena and the surrounding Los Angeles communities has allowed her to get to know every aspect of the San Gabriel Valley as well as a familiarization with all of Southern California. Having been born and raised in the area, she takes pride in Pasadena and the many wonderful surrounding communities. Her motivation coupled with her understanding of the neighborhoods has allowed her to successfully work in real estate. Erica comes from a fresh generation raised on the cusp of the newest technology. We are in an age now where business is done primarily through the computer, especially in real estate, as buyer’s are doing the greatest amount of their property searches on the internet. Erica’s extensive education and knowledge of computer technology has allowed her to market a home to its full potential. A creative ability that stems from an experience with marketing and advertising allows her to be original in marketing a home which will generate vast awareness of a listing and getting it the attention it deserves. Additionally, Erica Rivas has found find that excellent communication is crucial to being an efficient and competent Realtor®. The way to ultimately determine a client’s wants and needs is through proper communication and will successfully do so by asking the right questions, listening with genuine concern, and acting upon their wants and needs. Being forthcoming and communicative will serve to determine and clarify everything is being done correctly to ensure that the client’s interests are satisfied. DRE#01788685


CURIOUS ABOUT THE MARKET IN OTHER AREAS OF LOS ANGELES? Just click the publication below for the latest statistics.

AAROE MARKET REPORT

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LOS ANGELES COUNTY Condominium Residences

AAROE MARKET REPORT

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WESTSIDE LOS ANGELES Single Family Residences

AAROE MARKET REPORT

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SAN FERNANDO VALLEY Single Family Residences

LOS ANGELES COUNTY

WESTSIDE LOS ANGELES

SAN FERNANDO VALLEY

Condominium Residences

Single Family Residences

Single Family Residences

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TABLE OF CONTENTS SAN GABRIEL VALLEY

Alhambra

05

Altadena

07

Arcadia

09

Eagle Rock

11

La Canada/Flintridge

13

Monrovia

15

Pasadena

17

San Gabriel

19

San Marino

21

South Pasadena

23

Glossary

24


ALHAMBRA

Dec - Feb 2013

Dec - Feb 2014

% change

Total properties sold

52

44

-15.4%

Average price (sold)

$449,202

$557,410

+24.1%

$319

$338

+6.0%

Average days on market (sold)

69

52

-24.6%

Average sold price/list price %

100.5%

99.4%

-1.1%

Total pending properties (at end of period)

15

24

+60.0%

Total properties for sale (at end of period)

22

43

+95.5%

$573,905

$604,024

+5.2%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 7 6

5.6

5 4

2.6

3

2.7

2.7

3

3.4 2.9

1.8 2

1.3

1 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12 **

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Sold listing history 70

55

60

58

50 40

53

52 47

45

42

44

33

30 20 10 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published March 2014 based on the data available at the end of February 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. ** Interpolated data point. Actual data value not available.


ALTADENA

Dec - Feb 2013

Dec - Feb 2014

% change

Total properties sold

91

68

-25.3%

Average price (sold)

$546,731

$632,965

+15.8%

$336

$373

+11.1%

Average days on market (sold)

62

59

-4.8%

Average sold price/list price %

99.2%

101.8%

+2.6%

Total pending properties (at end of period)

51

35

-31.4%

Total properties for sale (at end of period)

50

43

-14.0%

$641,002

$676,548

+5.5%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 8 7

6.3 5.5

6 5 4

2.4

3

2

1.6

1.6

2

1.7

2.1

1.9

1 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12 **

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Sold listing history 140 120

103

105 96

100 80

64

112

91

84

68

68

60 40 20 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published March 2014 based on the data available at the end of February 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. ** Interpolated data point. Actual data value not available.


ARCADIA

Dec - Feb 2013

Dec - Feb 2014

% change

Total properties sold

89

89

+0.00%

Average price (sold)

$1,297,466

$1,943,029

+49.8%

$444

$574

+29.4%

Average days on market (sold)

53

64

+20.8%

Average sold price/list price %

97.5%

96.8%

-0.7%

Total pending properties (at end of period)

31

40

+29.0%

Total properties for sale (at end of period)

56

70

+25.0%

$2,057,504

$2,011,177

-2.3%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 6 5

4.7

4

3.4

3.3 2.7

3

2.1

1.9

1.8

2.1

2.4

2 1 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12 **

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Sold listing history 180

156

160 140

105

120 100

120

114

90

109 89

89

74

80 60 40 20 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published March 2014 based on the data available at the end of February 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. ** Interpolated data point. Actual data value not available.


EAGLE ROCK

Dec - Feb 2013

Dec - Feb 2014

% change

Total properties sold

30

23

-23.3%

Average price (sold)

$489,558

$558,462

+14.1%

$364

$402

+10.3%

Average days on market (sold)

58

42

-27.6%

Average sold price/list price %

101.2%

102.9%

+1.7%

Total pending properties (at end of period)

12

9

-25.0%

Total properties for sale (at end of period)

12

28

+133.3%

$623,228

$698,943

+12.1%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 6 5

4.6 4

4

3.7

3.4

3

2.2

2 2

1.2

1.9

1.2

1 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12 **

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Sold listing history 60 50 40

44 32

46

30

29

30

20

21

22

23

20 10 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published March 2014 based on the data available at the end of February 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. ** Interpolated data point. Actual data value not available.


LA CANADA/FLINTRIDGE

Dec - Feb 2013

Dec - Feb 2014

% change

Total properties sold

36

42

+16.7%

Average price (sold)

$1,538,468

$1,401,474

-8.9%

$563

$516

-8.3%

Average days on market (sold)

99

57

-42.4%

Average sold price/list price %

97.1%

99.9%

+2.8%

Total pending properties (at end of period)

22

23

+4.5%

Total properties for sale (at end of period)

41

41

+0.00%

$2,422,476

$2,422,594

+0.00%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 20

15.5 15

10

6.7 5.2 5

3.1

3.4

2.6

2.7

3.1

2.9

0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12 **

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Sold listing history 80 70

61

60 55

60

64

52 46

50 40 30

42

36 22

20 10 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published March 2014 based on the data available at the end of February 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. ** Interpolated data point. Actual data value not available.


MONROVIA

Dec - Feb 2013

Dec - Feb 2014

% change

Total properties sold

62

53

-14.5%

Average price (sold)

$544,629

$535,441

-1.7%

$332

$373

+12.4%

Average days on market (sold)

55

72

+30.9%

Average sold price/list price %

98.8%

98.4%

-0.4%

Total pending properties (at end of period)

28

15

-46.4%

Total properties for sale (at end of period)

45

45

+0.00%

$677,132

$788,018

+16.4%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 6 5

4.4

4

2.9 3

2.4

2.3

2.2

2

2.3

2.7

2.5

2 1 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12 **

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Sold listing history 100 90 80

50

73 66

65

70 60

79

77

67

62

53 45

40 30 20 10 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published March 2014 based on the data available at the end of February 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. ** Interpolated data point. Actual data value not available.


PASADENA

Dec - Feb 2013

Dec - Feb 2014

% change

Total properties sold

177

137

-22.6%

Average price (sold)

$780,650

$798,654

+2.3%

$419

$451

+7.9%

Average days on market (sold)

61

54

-11.5%

Average sold price/list price %

99.4%

101.1%

+1.7%

Total pending properties (at end of period)

70

78

+11.4%

Total properties for sale (at end of period)

168

133

-20.8%

$1,142,873

$1,144,743

+0.2%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 10 9

8.5

8 7

5.4

6 5 4

2.8

3

2.6

2.8 2.1

2.3

2.5

2.9

2 1 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12 **

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Sold listing history 300

259 236

250

214

202

190

177

200 150

231

137

134

100 50 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published March 2014 based on the data available at the end of February 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. ** Interpolated data point. Actual data value not available.


SAN GABRIEL

Dec - Feb 2013

Dec - Feb 2014

% change

Total properties sold

54

56

+3.7%

Average price (sold)

$570,209

$665,113

+16.6%

$354

$381

+7.7%

Average days on market (sold)

70

58

-17.1%

Average sold price/list price %

98.0%

99.6%

+1.6%

Total pending properties (at end of period)

29

23

-20.7%

Total properties for sale (at end of period)

46

45

-2.2%

$680,508

$762,492

+12.0%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 9 8

7 6.2

7 6 5

3.3

4

2.4

3

2.7

2.6

2.8

2.4

1.8

2 1 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12 **

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Sold listing history 100 90

79 72

80

72

67

66

70

50

56

54

60

39

43

40 30 20 10 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published March 2014 based on the data available at the end of February 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. ** Interpolated data point. Actual data value not available.


SAN MARINO

Dec - Feb 2013

Dec - Feb 2014

% change

Total properties sold

21

15

-28.6%

Average price (sold)

$1,777,714

$2,121,267

+19.3%

$667

$791

+18.7%

Average days on market (sold)

55

31

-43.6%

Average sold price/list price %

99.2%

105.9%

+6.7%

Total pending properties (at end of period)

9

9

+0.00%

Total properties for sale (at end of period)

13

10

-23.1%

$3,726,538

$5,051,200

+35.5%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 15

10

9.2

5.9 5

2.1

1.5

2.5

1.9

1.9

1.3

2

0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12 **

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Sold listing history 50

43

45 40 35

29

28

30

23

25 20

29

25 21 15

13

15 10 5 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published March 2014 based on the data available at the end of February 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. ** Interpolated data point. Actual data value not available.


SOUTH PASADENA

Dec - Feb 2013

Dec - Feb 2014

% change

Total properties sold

18

21

+16.7%

Average price (sold)

$1,218,389

$896,934

-26.4%

$520

$596

+14.5%

Average days on market (sold)

65

44

-32.3%

Average sold price/list price %

99.7%

102.4%

+2.7%

Total pending properties (at end of period)

8

5

-37.5%

Total properties for sale (at end of period)

15

12

-20.0%

$1,213,860

$1,907,907

+57.2%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 8 7

6.3 5.8

6 5

4.1

4

2.4

3

2.5 1.9

2

1.9

1.7

1

1 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12 **

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Sold listing history 45

36

40 35

25 20

28

27

30

25

24 18

21

19

18

15 10 5 0 Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Dec-Feb 13

M ar-M ay 13

Jun-A ug 13

Sep-No v 13

Dec-Feb 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published March 2014 based on the data available at the end of February 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. ** Interpolated data point. Actual data value not available.


GLOSSARY

Total properties sold Number of properties sold during the report period. Average price (sold) Average sales price of properties that closed escrow during the report period. Average price per square foot (sold) Average price per square foot of properties that closed escrow during the report period. Average days on market (sold) Average time properties were on the market for homes that closed escrow during the report period. Average sold price/list price % Average showing the ratio of the actual sold price related to the original asking price of properties sold during the report period. Total pending properties (at end of period) Number of properties that were in escrow at the end of the reporting period. Total properties for sale (at end of period) Number of properties that were for sale at the end of the reporting period. Average price of properties for sale Average price for properties currently on the market. Months’ supply of inventory If no new listings entered the market, this is the number of months it would take to sell all homes for sale at the current pace of sales. Sold listing history The number of homes sold in the reporting period over the past three years.


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PASA D E N A

John Aaroe Group does not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of the property provided by the seller or obtained from public records and other sources and the buyer is advised to independently verify the accuracy of that information.


San Gabriel Valley real estate market report April 2014