Yes, Homes are Listing and Homes Are Selling

I had a conversation with my friend (who may considering selling/short sale); he asked, "Are homes moving at all?" And I said, "YES."

Here is what I saw on the Itech MLS search:

Altadena in month of September 2008

• 31 New listings
• 30 Closed sales

Pasadena in the month of September 2008

• 136 New listings
• 92 Closed sales

So I say yes. The market is very ACTIVE.

*listings are single family home, condo, townhome, own yr own, pud.