Pasadena real estate numbers are out for the month of August. I’ve put together a visual graphic for my clients to provide a quick overview of the real estate market conditions:
Here are some of my observations:
1. This summer has truly been an incredible recovery for many property owners that have taken the plunge and put their home on the market in Pasadena.
2. Multiple offers continued through the summer and are still seen on a daily basis.
3. Inventory is still very low. Banks are holding on to their “shadow inventory” and not releasing many foreclosures.
4. Home buyers have increased their purchase power with the historically low interest rates and many are able to lock in these interest rates long term – 10, 15 and 30 years.
5. Many Pasadena home sellers are beautifully presenting their property by having it professionally staged and many are providing inspection reports to potential buyers.
6. Acceleration Clauses are being strategically used by home buyers and their agents.
Quick statistics:
- 89 homes sold in August and 91 homes were listed.
- Average price of single family home sold in North West Pasadena was $630,000 last month vs. $513,000 same period last year – a 22.8% increase.
- Average price of single family home sold in South West Pasadena was $902,000 last month vs. $1,018,000 same period last year – an 11.4% decrease.
- Average price of single family home sold in North East Pasadena was $569,000 last month vs. $469,000 same period last year – a 22.3% increase.
- Average price of single family home sold in South East Pasadena was $885,000 last mont vs. $1,286,000 same period last year – a 31.2% decrease.
Homes in the lower price range are moving much quicker than higher priced homes. We are definitely seeing a lot more first time home buyers which again speaks to the lower interest rates making it more possible for folks to afford a home and in many cases more financially advantageous than renting.
Interested in more information about Pasadena and surrounding cities, check out our City Guides below:
And, if you are interested in fun activities to do in Pasadena, take a look at our 365 Things To Do in Pasadena® page.
Thinking of selling your San Marino or Pasadena home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Irina Netchaev at (626) 629-8439 to discuss what is happening in today’s Pasadena Real Estate Market.
See all Pasadena Homes that Recently SOLD:
There’s no better way to learn the market. 🙂
- Tue, 03 Aug 2021 20:59:00 +0000: $805,000 :: 225 Pepper Street, Pasadena CA, 91103 - Pasadena - Solds - SFR
4 beds, 2 baths
Home size: 2,078 sq ft
Lot Size: 5,663 sq ft
Added: 04/07/21, Last Updated: 08/03/21
Property Type: Single Family
MLS Number: DW21074234
Community: Pasadena (NW)
Status: Sold
This Beautiful Pasadena home with a perfect location! Tastefully remodeled back in 2018. As you come into the home you are welcome with high ceilings, beams and beautiful decorative molding. The kitchen has been updated with new cabinets, counter tops, floorings paint and more. The home features spacious 3 bedrooms and 1-bath, it also have a Guest separate unit with its own bedroom, bathroom, living area and a full kitchen. This home also includes an inside laundry area and Solar panels. Good size front and back yard. Close to many wonderful places that Pasadena has to offer.
Listed with Carolina Turcios, Berkshire Hathaway Home Srvs
Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/! - Tue, 03 Aug 2021 16:44:00 +0000: $1,750,000 :: 285 Barthe Drive, Pasadena CA, 91103 - Pasadena - Solds - SFR
6 beds, 5 baths
Home size: 3,498 sq ft
Lot Size: 23,305 sq ft
Added: 06/22/21, Last Updated: 08/03/21
Property Type: Single Family
MLS Number: 21752030
Community: Pasadena (NW)
Status: Sold
Situated behind the gate and enveloped by stately towering trees sits this one-of-a-kind California Craftsman built in 1909 by the Heineman Brothers. The sprawling grounds set a tone for peace, seclusion, and serenity. An entertainer's dream, upon entry from the expansive covered front sitting porch, one can stroll seamlessly through the large living room, sitting room, and dining area, which leads right into a Chef's kitchen that's drenched in California sunshine. A separate laundry area and bonus kitchen eating area opens directly to a quintessential covered back porch that begs for relaxing and dining al fresco. Retreat to the second level where you will find a cozy sitting area, three bedrooms, three Japanese-inspired bathrooms, and the principal bedroom, which boasts a cedar walk-in closet area and ensuite overlooking the backyard. The top floor offers a mini studio with separate exterior access. Lastly, a 3-car garage offers an ADU opportunity and in addition, the RM-12 zoning allows for future development. Abundant possibilities await at this special property mere minutes from the Rose Bowl and Old Town Pasadena.
Listed with Jennifer Cahill, Compass
Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/! - Tue, 03 Aug 2021 11:52:00 +0000: $770,000 :: 3135 Estado Street, Pasadena CA, 91107 - Pasadena - Solds - SFR
2 beds, 2 baths
Home size: 961 sq ft
Lot Size: 4,792 sq ft
Added: 06/18/21, Last Updated: 08/03/21
Property Type: Single Family
MLS Number: PF21136264
Community: Pasadena (NE)
The price of this listing was last reduced on 7/12/2021 by 7%
Status: Sold
Opportunity! First time on the market! Home sweet home and pride of ownership, located in the most desirable part of Pasadena nearby Hastings Ranch, walking distance to the Gold Line, restaurants, various shopping centers, golf course, hiking trails, etc. Bright and cozy home. The main house features a kitchen on your left and living room, office and family room straight ahead. The two bedrooms complete a full circle as you walk your way around the home, making this home ideal. It is very convenient here with a single story, making it fun and easy to navigate this Home. The driveway leads to the back where there is plenty of space for entertainment. Must see!
Listed with Sebastian Kouladjian, Tunity Real Estate, Inc
Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/! - Mon, 02 Aug 2021 21:10:00 +0000: $1,400,000 :: 1275 N Craig Avenue, Pasadena CA, 91104 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,508 sq ft
Lot Size: 7,841 sq ft
Added: 06/08/21, Last Updated: 08/02/21
Property Type: Single Family
MLS Number: P1-5115
Community: Pasadena (NE)
Tract: Not Applicable
Status: Sold
This impressive Spanish Mediterranean in East Pasadena has been completely renovated and redesigned with exquisite attention to detail at every turn. This three bedroom, two bath home with pool and spa offers everything you need and want in a home today. The open living/dining room features period detailing including a stately fireplace, dual french doors, and an abundance of natural light as it flows seamlessly into the expansive kitchen. Here you'll find calacatta gold quartz counters with a waterfall edge, breakfast bar, stainless steel appliances, wine fridge, custom tile work, and another set of french doors leading to the rear patio. The primary suite includes a spacious walk-in closet with custom organization and a luxurious bath with dual sinks, designer backlit mirrors, and an oversized shower with high-end hardware and custom tile work. The second bedroom is large and spacious with great light and a deep closet. The third bedroom can double as a home office, as it highlights beautiful views of this highly sought-after neighborhood. The hall bath features a tub/shower combo, with gorgeous tile work, a designer vanity, and backlit mirror. An added bonus is the large, dedicated laundry room with an oversized sink and custom cabinetry. A finished California basement is accessible from the guest closet with room for wine storage and all your imagination has to offer! Additional features include: a Nest thermostat, Ring door bell, dual pane windows, and a designer color paint palate. This fully landscaped home is ready for you to enjoy with a spacious gated backyard, separate driveway & detached oversized 2-car garage. The fully finished and drywalled garage is a perfect flex space with epoxy flooring and recessed lighting. As if that wasn't enough, there is great potential for an ADU garage conversion; buyers to verify that themselves. This turnkey, character home is move-in ready and truly a dream come true!
Listed with Armen Sarkissian, Berkshire Hathaway HomeServices California Properties
Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/! - Mon, 02 Aug 2021 18:24:00 +0000: $1,810,000 :: 1161 E Howard Street, Pasadena CA, 91104 - Pasadena - Solds - SFR
4 beds, 2 baths
Home size: 2,287 sq ft
Lot Size: 13,940 sq ft
Added: 06/25/21, Last Updated: 08/02/21
Property Type: Single Family
MLS Number: P1-5421
Community: Pasadena (NE)
Tract: Not Applicable
Status: Sold
Situated in the Historic Highlands Neighborhood is this 4 bedroom, 2 bathroom Pasadena beauty that sits on over a 14,000 sq ft lot! The curb appeal is captivating with the architectural style that exudes character and sophistication. Entering the home, one is struck by the hardwood floors that are consistent throughout the home. To the left of the front door is the living room that has tray ceilings, windows with wood casing, picture rail molding, base molding, and recessed lighting. On the opposite side of the formal entry, through the French doors is the dining room which opens up to the kitchen. The dining room has a tray ceiling, picture rail molding, base molding, a chandelier, and south facing wood windows. The kitchen has a sit-in bar, granite counters, cabinets to the ceiling, recessed lighting, a pocket door to the laundry room, stainless steel appliances including a Sub Zero fridge and a Thermador 4 burner gas stove. Accessed through the kitchen, the laundry room is ample and features tile flooring, dual pane wood windows, a door to the backyard and access to the California basement. Located next to the kitchen is the bathroom that has a glass enclosed shower, tile up to the ceiling, penny tile flooring, marble countertop, a cabinet above the toilet and recessed lighting. Off the hallway is the beautiful wooden staircase that leads to the 4 bedrooms. All 4 of the bedrooms have recessed lighting, hardwood floors and windows that show spectacular treetop views. The landing area upstairs has doors to the front balcony. The primary bedroom features double closets and a sleeping porch. The sleeping porch is ample and overlooks the backyard. The additional three bedrooms are all generously sized and have pass through closets, base molding, and large windows. These bedrooms share the bathroom located off the hallway which has a glass enclosed shower that is tiled to ceiling, tile flooring, a single sink, storage, and a stone counter. The hallway has a linen closet that has pull out drawers as well as a pull down attic. Below the staircase there's a storage closet with built-in shelves. The expansive backyard can accommodate large gatherings and features a finished, detached garage that is used as a home office with concrete floors, a ceiling fan, built-in shelving, recessed lighting and an additional room. This home will make the next owners grateful to call it their own!
Listed with Jason Berns, Keller Williams Realty
Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/! - Mon, 02 Aug 2021 15:49:00 +0000: $1,110,000 :: 3890 Landfair Road, Pasadena CA, 91107 - Pasadena - Solds - SFR
2 beds, 2 baths
Home size: 1,570 sq ft
Lot Size: 11,326 sq ft
Added: 06/23/21, Last Updated: 08/02/21
Property Type: Single Family
MLS Number: P1-5442
Community: Pasadena (NE)
Tract: Not Applicable
Status: Sold
This 1949 Traditional is on the market for the first time since it was built. It is nicely situated on a 11,542 square foot lot in the lower Hastings Ranch neighborhood and in close proximity to the 210 freeway, the quaint downtown Sierra Madre area and Hastings Ranch shopping center. The home has 2 bedrooms and 1 and 3/4 bathrooms, a den, a living room with a brick wood burning fireplace and a formal dining room. There is a small breakfast nook within the kitchen. The home is in original pristine condition with extreme potential for expansion, upgrading and restoration. There is a detached two car garage adjacent to a garden area. The grounds are well kept with large grass areas, landscaping and various fruit trees. This home is a gem.
Listed with Jim Rock, deasy penner podley
Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/! - Mon, 02 Aug 2021 14:36:00 +0000: $910,000 :: 1398 Rutan Way, Pasadena CA, 91104 - Pasadena - Solds - SFR
2 beds, 1 bath
Home size: 1,168 sq ft
Lot Size: 4,356 sq ft
Added: 06/28/21, Last Updated: 08/02/21
Property Type: Single Family
MLS Number: AR21141543
Community: Pasadena (NE)
Status: Sold
Charming home with unique history located on a treelined street in North East Pasadena. This home was originally built and lived in by Claire Rutan who also commissioned her builder to construct the other homes on this block; hence the street with her namesake. This home features a loving blend of modern and traditional styles. Living room with hard wood floors welcomes you into the home. Dining room is adjacent to living room with beautiful arched windows. The kitchen and laundry room were completely remodeled and features newer quartz countertops, Fotile range hood, Viking stove and oven, Fischers and Paykel dishwasher, and a drinking water filtration system. Bathroom was also completely remodeled with modern design elements and features luxurious soaking tub, shower, and Toto Washlet toilet. Front bedroom has beautiful arched window and walk-in closet. Second bedroom has wonderful view of the backyard. Dual pane windows were installed with newer blinds and drapes. Cast Iron sewer and drain pipes replaced with ABS. This home also features, re-piped supply lines with copper plumbing, foundation retrofitting, electrical updating of the bedrooms, and a soft water system. Backyard offers space for outdoor dining as well as gardening area; perfect for entertaining. This home also has a 1 Car detached garage with driveway that can fit additional 3 cars.Don't miss your chance to own this one of a kind home!
Listed with Imy Dulake, Coldwell Banker Realty
Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/! - Sat, 31 Jul 2021 22:43:00 +0000: $2,900,000 :: 2996 San Pasqual Street, Pasadena CA, 91107 - Pasadena - Solds - SFR
4 beds, 4 baths
Home size: 3,283 sq ft
Lot Size: 27,008 sq ft
Added: 05/19/21, Last Updated: 07/31/21
Property Type: Single Family
MLS Number: AR21108082
Community: Pasadena (SE)
Status: Sold
This beautiful fully upgraded one story home offers privacy, a comfortable 4 beds 4 baths 3283 sqft of living, and over 27,000 sqft of a large grassy yard. Owner completely remodeled the house in 2016 with new floor plan, AC, plumbing, electrical and finishing. The home sits on the most desirable street, located near Chapman Woods. Just minutes away from CalTech, PCC, Old town Pasadena, Wholefood, H Mart, close to schools, shops and parks.The spectacular living room has a wonderful fireplace, hardwood floor, high ceiling. Kitchen & work kitchen, stainless appliances, beautiful cabinets, luxury master suite with walk-in closets, and a private bathroom that includes dual sinks, freestanding bathtub, and shower. The living room has french doors leading to a secluded, spacious swimming pool and basketball court.Truly a MUST SEE. This stunning home is ready to make it your own!
Listed with Haipeng Liu, IRN Realty
Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/! - Sat, 31 Jul 2021 11:25:00 +0000: $3,310,280 :: 1200 Laurel Street, Pasadena CA, 91103 - Pasadena - Solds - SFR
5 beds, 5 baths
Home size: 4,216 sq ft
Lot Size: 11,326 sq ft
Added: 06/18/21, Last Updated: 07/31/21
Property Type: Single Family
MLS Number: 320006515
Community: Pasadena (NW)
Tract: Not Applicable-105
Status: Sold
This Classic Cape Cod style estate is a must-see from every corner. Fully remodeled in 2014. Nestled in the serene Linda Vista means that you are walking distance from the Pasadena Rosebowl and close to the loveliest walking trails. The lush green front yard frames the 4 bedroom, 4 bathroom main home. Permitted guest house with a kitchenette, bathroom (625 sq ft) and high ceilings,remodeled in 2019. The main home features an open living room with a fireplace that flows into the private dining room - great for entertaining guests! The kitchen is a chef's dream with state of the art appliances, beverage refrigerator, built-in wine closet & plenty of counter space. The family room has a wonderful view the backyard through large French sliding doors which open up to a large covered patio that is ideal for lounging or hosting parties. Also on the first floor of main home is a den (which can be used as an extra bedroom), one bedroom and bathroom. The second level has a master suite w/ a walk-in closet, 2 bedrooms, 2 full bathrooms and large terrace that overlooks the backyard. The backyard features a swimming pool and glass fire pit. Fully paid solar system. Guest house has own address at 1198 laurel St. Don't miss out on this fantastic fully remodeled home!
Listed with Michelle Ko, Keller Williams Realty La Cana
Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/! - Fri, 30 Jul 2021 21:48:00 +0000: $2,595,100 :: 2230 Kinclair Drive, Pasadena CA, 91107 - Pasadena - Solds - SFR
5 beds, 7 baths
Home size: 5,208 sq ft
Lot Size: 0 sq ft
Added: 05/04/21, Last Updated: 07/30/21
Property Type: Single Family
MLS Number: P1-4562
Community: Pasadena (NE)
Tract: Not Applicable
Status: Sold
Welcome to the exclusive gated community of Kinneloa Estates where privacy and serenity abound. This stunning south facing, two-story panoramic view home has pool&spa, walls of glass, and multiple patios/balconies. Most rooms enjoy an unparalleled view of downtown Los Angeles and beyond. Double doors lead you into the grand two story entryway and living room with fireplace. Both the dining and living rooms open to the wrap around patio creating an incredible entertaining space with glorious views of the valley. The immense eat-in kitchen, that opens to the pool&spa, contains an island with breakfast bar, walk-in pantry, double convection ovens, six burner gas range, and two sinks. Two spacious bedroom suites, laundry room and oversized two car garage with direct access comprise the remainder of the first level. Three additional bedrooms are situated upstairs including the sensational master suite with separate office, master bath with dual sinks, separate tub/shower, fireplace and large patio with extraordinary views. Additional features include walk-in linen closet (which could also be used as a sewing or gift wrapping room), recessed lighting, 5 bedrooms all with en suite bathroom, pool with its own exterior bathroom, side yard, tankless water heater, 9-11 foot ceilings throughout and an enormous driveway capable of holding several vehicles. The spaciousness, views and privacy are unrivaled. These attributes have never been more valued than by today's buyer looking for the perfect combination of being near Pasadena's numerous cultural offerings while also being surrounded by the beauty and tranquility of living in a hillside enclave adjacent to Eaton Canyon's hiking trails. This is a rare jewel of the Pasadena Foothills.
Listed with Micah Lachtman, Coldwell Banker Realty
Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!
