Mountain Views News, Sierra Madre Edition [Pasadena] Saturday, May 5, 2018

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12

 Mountain Views News Saturday, May 5, 2018 

Luther & Georgina 
TsinoglouReal Estate Experts You Can Trust(626) 507-3029 
Luther@Tsinoglou.com 
www.tsinoglou.com#01135433 #01393982Let us be a part of your Real Estate Story // 626.695.8650Top Producing Agent...Year After Year 
//783 S. ORANGE GROVE BLVD., PASADENATownhouse Offering 2BR/3BA. 
//2503 CRARY AVENUE, PASADENA3BR/2BA.
For Lease // Coming SoonFor Lease // Available Now1507 WESLEY AVENUE, PASADENA //
4 Updated Units on the Property. 2,067 sf. 7,356 sf Lot. 
Two 2BR/1BA // One 1BR/1BA // Separate Office w/BA.
Just Listed!
2908 ALLENTON AVENUE // HACIENDA HEIGHTSSituated on a beautiful tree-lined street this spacious home is ideal for entertaining. The first floor offers 
a formal living room with fireplace, formal dining area, and kitchen with casual eating and seating area and 
wet bar. Additionally are a den with custom-built bookshelves, bathroom and large family room currently 
being used as a master-like suite. The second level offers a spacious master suite with beautiful bay window 
views, walk-in closet, separate make-up area and bath with dual sinks and separate shower. The wrap-around 
back yard offers a separate covered patio with a built-in BBQ area along with paved game area, and is easily 
accessed from the kitchen, the den and dining room. Additional features include an attached 2-car garage, 
laundry area, ample storage, central air & heat, tile roof and a variety of fruit trees.
Offered for $759,000Visit 2908AllentonAve.com for more photos & info.
Call Luther Tsinoglou for a private showing! 626.507.3029Building: 2,226 sq. ft. | Lot: 10,860 sq. ft. | 4 Bedrooms | 3 BathroomsThe median list price is $878,000The Market Action Index has been trending down lately, while 
inventory and days-on-market are climbing. The trends imply a 
weakening market.
The Market Action Index answers the question “How’s the Market?” 
by measuring the current rate of sale versus the amount of the 
inventory. Index above 30 implies Seller’s Market conditions. Below 
30, conditions favor the buyer.
Supply and DemandThe market has been cooling over time and prices plateaued for a 
while. Despite the consistent decrease in MAI, we’re in the Seller’s 
zone. Watch for changes in MAI. If the MAI resumes it’s climb, prices 
will likely follow suit. If the MAI drops consistently or falls into the 
Buyer’s zone, watch for downward pressure on prices.
Market Action Index9202442381.5963.02643.01253208,001 -
10,000 sqft95$ 849,95032132.56,501 -
8,000 sqft11.511366,501 -
8,000 sqft12$ 690,0003.5346,501 -
8,000 sqft$ 913,5003.5$ 1,312,5009421760Prices in this zip code seem to have settled around a plateau.
Look for a persistent down-shift in the Market Action Indexbefore we see prices deviate from these levels.
The market has been cooling over time and prices plateaued for awhile. Despite the consistent decrease in MAI, we're in the Seller'szone. Watch for changes in MAI. If the MAI resumes it's climb, priceswill likely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.
The Market Action Index has been trending down lately, whileinventory and days-on-market are climbing. The trends imply aweakening market.
PASADENA, CA 91104Podley Properties'Executive Summary1215041.5Monday April 30, 2018The median list price in PASADENA, CA 91104 this week is$878,000.
Investigate the market in quartiles -
where each quartile is 25% of homesordered by price.
Most expensive 25% of propertiesUpper-middle 25% of propertiesLower-middle 25% of propertiesLeast expensive 25% of propertiesQuartileMedian PriceLot SizeBedsBathsAgeInventoryNewAbsorbedDOMSq. Ft.
Podley Properties | www.Podley.com | 626.795.6262No changeStrong upward trendStrong downward trendSlight upward trendSlight downward trend±+==≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2016 Altos Research LLCSingle Family HomesMedian Lot Size48.1Percent Relisted (reset DOM)
16381.56 %
Median Number of Bathrooms47Median List PriceAverage Days on Market (DOM)
$ 562Percent Flip (price increased)
6,501 - 8,000 sqftMedian House Size (sq ft)
$ 878,00027 %
3.0Market Action IndexMedian Number of BedroomsAsking Price Per Square Foot4 %
Percent of Properties with Price DecreaseStrong Seller's±+
±+
==
≠≠
Bottom/FourthLower/ThirdUpper/SecondTop/FirstThis WeekSupply and DemandReal-Time Market ProfileTrendPricePrice TrendsMarket Action IndexThe Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile7-Day Rolling Average90-Day Rolling AverageBuyer/Seller Cutoff7-Day Rolling Average90-Day Rolling AveragePricePrices in this zip code seem to have settled around a plateau. 
Look for a persistent down-shift in the Market Action Index 
before we see prices deviate from these levels.
Price Trends9202442381.5963.02643.01253208,001 -
10,000 sqft95$ 849,95032132.56,501 -
8,000 sqft11.511366,501 -
8,000 sqft12$ 690,0003.5346,501 -
8,000 sqft$ 913,5003.5$ 1,312,5009421760Prices in this zip code seem to have settled around a plateau.
Look for a persistent down-shift in the Market Action Indexbefore we see prices deviate from these levels.
The market has been cooling over time and prices plateaued for awhile. Despite the consistent decrease in MAI, we're in the Seller'szone. Watch for changes in MAI. If the MAI resumes it's climb, priceswill likely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.
The Market Action Index has been trending down lately, whileinventory and days-on-market are climbing. The trends imply aweakening market.
PASADENA, CA 91104Podley Properties'Executive Summary1215041.5Monday April 30, 2018The median list price in PASADENA, CA 91104 this week is$878,000.
Investigate the market in quartiles -
where each quartile is 25% of homesordered by price.
Most expensive 25% of propertiesUpper-middle 25% of propertiesLower-middle 25% of propertiesLeast expensive 25% of propertiesQuartileMedian PriceLot SizeBedsBathsAgeInventoryNewAbsorbedDOMSq. Ft.
Podley Properties | www.Podley.com | 626.795.6262No changeStrong upward trendStrong downward trendSlight upward trendSlight downward trend±+==≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2016 Altos Research LLCSingle Family HomesMedian Lot Size48.1Percent Relisted (reset DOM)
16381.56 %
Median Number of Bathrooms47Median List PriceAverage Days on Market (DOM)
$ 562Percent Flip (price increased)
6,501 - 8,000 sqftMedian House Size (sq ft)
$ 878,00027 %
3.0Market Action IndexMedian Number of BedroomsAsking Price Per Square Foot4 %
Percent of Properties with Price DecreaseStrong Seller's±+
±+
==
≠≠
Bottom/FourthLower/ThirdUpper/SecondTop/FirstThis WeekSupply and DemandReal-Time Market ProfileTrendPricePrice TrendsMarket Action IndexThe Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile7-Day Rolling Average90-Day Rolling AverageBuyer/Seller Cutoff7-Day Rolling Average90-Day Rolling AverageQuartilesCharacteristics per QuartileInvestigate the market in quartiles, where 
each quartile is 25% of homes.
QuartileMedian $Sq. Ft. Lot SizeBedsBathsAgeInventoryNewAbsorbedDOMFirst$1,312,5002,4428,001-10,00 sf3.52.592122034Upper 25% 
Second$913,5001,7606,501-8,000 sf3.51.594122164Upper Middle 25% 
Third$849,9501,5046,501-8,000 sf3.01.596122038Lower-Middle 25%
Fourth$690,0001,1366,501-8,000 sf3.01.595133253Lowest 25%
Real-Time Market ProfileTrendMedian List Price$878,000Asking Price Per Square Foot$562Average Days on Market (DOM)47% with Price Decrease27%
% Relisted (reset DOM)4%
% Flip (price increased)6%
Median House Size (sq. ft.)1,638Median Lot Size6,501-8,000 sfMedian # of Bedrooms3.0Median # of Bathrooms1.5Market Action IndexStrong Seller’s48.1This Week in PasadenaBroker does not guarantee the accuracy of room dimensions, square footage, lot size, or other information regarding the condition or features of the property provided by the seller or obtained from public records or other sources.
Just Listed!
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927 N. Michillinda Ave. For New Clients 
Pasadena, CA 91107 Bring this coupon to save! 
(626) 351-8863
Mountain Views News 80 W Sierra Madre Blvd. No. 327 Sierra Madre, Ca. 91024 Office: 626.355.2737 Fax: 626.609.3285 Email: editor@mtnviewsnews.com Website: www.mtnviewsnews.com