Micro Market Update: Pasadena CA
By Tracy King, Tracy King
Constant readers know I am the King of Eagle Rock, but my real estate license is good in the state of California, and I have sold a lot of real estate all over Northeast Los Angeles and the western end of the San Gabriel Valley including Altadena and Pasadena in my 18 years as a Realtor. Last week, I co-listed a terrific property at 3150 San Pasqual Street, Pasadena, for $1,875,000. We priced this to sell, not to market. We had 121 Realtors attend the Broker's Caravan last Thursday and 112 people attended the public open house last Sunday. We were given a good offer after the Realtor caravan and after a bit of negotiation came to a mutually acceptable agreement by the end of the open house. Wow, this sounds like the activity of the good old days, doesn't it? Here's the deal: we had sell...