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. 🙂
- Fri, 26 Jul 2024 14:35:00 +0000: $3,127,769 :: 993 Glen Oaks Boulevard, Pasadena CA, 91105 - Pasadena - Solds - SFR
4 beds, 3 baths
Home size: 2,769 sq ft
Lot Size: 12,890 sq ft
Added: 06/19/24, Last Updated: 07/26/24
Property Type: Single Family
MLS Number: 24405761
Community: Pasadena (NW)
Status: Sold
Located in the Linda Vista area of Pasadena and nestled in the San Gabriel Mountains, this home has everything you could want and need. After driving up your private gated entry, you will need to pinch yourself as you walk into this amazing architecturally designed home with gorgeous editorial worthy hand hewn wood beams with tongue and groove ceiling and wide plank wood flooring. The 150 degree breathtaking panoramic views immediately grab your attention as you step foot into this thoughtfully designed and sophisticated home. It's highlighted by the eye-stretching views of the iconic Rose Bowl and universally acclaimed JPL. Inside this spacious 4 bed /3 bath thoughtfully designed home, you will find a well balanced open floorplan accompanied with a spacious chef's kitchen featuring custom wood cabinetry, built-in appliances and a custom beehive hammered copper hood. The home office allows for the perfect blend for officing from home or allowing kids to handle homework and/or study time. Relax in the evenings as you lay by the pool and enjoy the tranquility of this privately situated home. Lastly, the outdoor BBQ and multiple seating areas help accentuate the backyard as the perfect place for gathering friends and family as you enjoy this perfect Pasadena home in the highly desirable area of Linda Vista.
Listed with Brock J Worthen | 949-444-3329, Keller Williams Realty Los Feliz
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/! - Thu, 25 Jul 2024 11:38:00 +0000: $2,375,000 :: 3690 Fairmeade Road, Pasadena CA, 91107 - Pasadena - Solds - SFR
5 beds, 5 baths
Home size: 3,740 sq ft
Lot Size: 11,892 sq ft
Added: 05/30/24, Last Updated: 07/25/24
Property Type: Single Family
MLS Number: PF24098854
Community: Pasadena (NE)
Status: Sold
Welcome to this beautifully updated single-level executive home in the desirable Lower Hastings Ranch area of Pasadena, combining classic charm with modern convenience. Available for the first time in 40 years, this home presents a great opportunity for one lucky buyer. Built in 1951 and expanded with permitted remodels in 1985 and 1994, this North-facing gem offers stunning mountain views, a welcoming half-circle driveway, and a spacious layout with 11 rooms, including an exquisite high-ceiling living room with a gas fireplace, a library, a pool-facing sunroom, a formal dining room, and a large family room. The versatile 5th bedroom, perfect as an in-law retreat, has a private entrance and easy access to a ¾ bathroom. The gourmet kitchen features ample storage, a pantry, a built-in desk, a breakfast nook, modern Frigidaire and Whirlpool appliances, and direct access to a charming private patio with a skylight. The primary suite and family room open to the backyard and pool/spa area through French doors, while all bedrooms offer large closets, with walk-ins in the primary and front bedrooms. Outdoor living is enhanced with a grand outdoor patio with an overhanging trellis, an entertainment cabana with a BBQ area, an updated pool and spa with PebbleSheen finish, and dramatic nighttime lighting. Recent upgrades include a new roof (2018), a new cabana roof (2024), a new HVAC system (2021) with new ducting and 3-zone wi-fi smart thermostats, a new water heater (2024), freshly painted interior and exterior (2024) and all-new interior LED recessed lighting (2024). Additional features include an indoor laundry room, a two-car attached garage with a 220v electrical outlet, and eco-friendly landscaping with Rachio irrigation timers. Conveniently located near Trader Joe’s, Whole Foods, multiple restaurants, and shopping options, this home offers easy access to the 210 freeway. Don’t miss your chance to experience Pasadena living at its finest at this stunning home.
Listed with Will Kaliel | 626-445-5500, Coldwell Banker Residential
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/! - Wed, 24 Jul 2024 17:31:00 +0000: $2,620,000 :: 3760 Hampton Road, Pasadena CA, 91107 - Pasadena - Solds - SFR
6 beds, 4 baths
Home size: 3,314 sq ft
Lot Size: 14,702 sq ft
Added: 06/14/24, Last Updated: 07/24/24
Property Type: Single Family
MLS Number: P1-18079
Community: Pasadena (NE)
Status: Sold
Welcome to your dream home in the prestigious Lower Hastings Ranch neighborhood of Pasadena! This 6-bed, 4-bath ranch-style home offers 3,314 SF of elegant living space on a generous 14,702 SF lot. Renovated in 2015, every detail of this home has been thoughtfully designed to provide comfort, luxury, and modern convenience. As you step inside, you'll be greeted by a spacious & open floor plan that seamlessly connects the living areas. The gourmet kitchen is a chef's delight, equipped with top-of-the-line Thermador appliances and a water purifier, ensuring that every meal is prepared with the utmost quality and care. The kitchen's sleek design & high-end finishes make it the perfect space for culinary creativity and family gatherings. The incredible primary suite, a true retreat, features a custom closet designed for maximum organization & an innovative Lululemon exercise mirror for your at-home workouts. Energy efficiency meets sustainability with the home's fully-owned solar panels, providing significant savings on utility bills while contributing to a greener environment. The backyard is nothing short of an entertainer's paradise. Enjoy the sparkling pool with its enchanting waterfall feature or relax on the spacious patio area, ideal for hosting summer BBQs, parties, or simply unwinding in the California sun. This stunning home offers a rare combination of luxury, convenience, & prime location. Don't miss your chance to own this slice of paradise in Lower Hastings Ranch!
Listed with David Knight | (626) 657-0359, Keller Williams DTLA
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, 23 Jul 2024 19:27:00 +0000: $1,739,000 :: 2250 Brambling Lane, Pasadena CA, 91107 - Pasadena - Solds - SFR
3 beds, 3 baths
Home size: 2,399 sq ft
Lot Size: 27,069 sq ft
Added: 06/19/24, Last Updated: 07/23/24
Property Type: Single Family
MLS Number: PF24125853
Community: Pasadena (NE)
Status: Sold
Step into this Kinneloa Canyon Estates home, where modern elegance meets nature's serenity. Nestled in the Pasadena foothills, this meticulously renovated home showcases stunning walls of glass that invite the outdoors in, flooding the space with natural light. The carefully designed single-level floor plan offers a harmonious blend of public and private spaces, ensuring comfortable living. Including inviting pool, a deck and an office that can be used as a fourth bedroom. This home features brand-new amenities throughout, including a sleek kitchen, elegant flooring, energy-efficient windows, a state-of-the-art HVAC system, a new roof, an automated sprinkler system, a private deck, and a porte cochere for convenience. Whether you're looking for a peaceful haven or easy access to the area's best trails, golf courses, dining, and shopping, this home is the perfect choice.
Listed with Danny Villela | 626 319 3144, BOT Real Estate
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, 23 Jul 2024 15:31:00 +0000: $668,000 :: 3209 Brandon Street, Pasadena CA, 91107 - Pasadena - Solds - SFR
2 beds, 1 bath
Home size: 726 sq ft
Lot Size: 5,424 sq ft
Added: 07/01/24, Last Updated: 07/23/24
Property Type: Single Family
MLS Number: P1-18304
Community: Pasadena (SE)
Status: Sold
Attention Investors! Discover an exceptional opportunity nestled in the heart of an undiscovered east Pasadena neighborhood. This south-facing fixer upper is located just blocks from the serene Eaton Blanche Park, the prestigious Chapman Woods neighborhood, and the highly sought-after city of San Marino. Convenience is at your doorstep with the nearby Hastings Ranch shopping and the Sierra Madre Villa Gold Line Station, providing easy access to the best of Pasadena and beyond.This 1929 charmer offers a rare chance to reimagine and revitalize a piece of Pasadena history. Featuring 2 cozy bedrooms and one full bath, this home with mountain views is set on a 5,424 square foot lot (per assessor), providing ample space for creativity and possible expansion. The property also includes a detached garage, adding to its potential.Embrace the opportunity to maximize the value of this unique investment. With its prime location and historic charm, this property is poised to become a standout gem in a coveted neighborhood. Don't miss this opportunity to create a home 'Where Your Home Happens.'
Listed with Cynthia Cohn | (626) 714-6808, Cynthia Cohn & Associates, 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/! - Tue, 23 Jul 2024 13:31:00 +0000: $860,000 :: 286 Martelo Avenue, Pasadena CA, 91107 - Pasadena - Solds - SFR
2 beds, 2 baths
Home size: 751 sq ft
Lot Size: 5,276 sq ft
Added: 06/12/24, Last Updated: 07/23/24
Property Type: Single Family
MLS Number: P1-18030
Community: Pasadena (NE)
Status: Sold
Welcome to your future home in the heart of Pasadena! This charming two-bedroom, 1 3/4 bath bungalow is the perfect canvas for your dream abode. Sited on a generous corner lot, offering ample space for the expansion of the home, or for the addition of an ADU, this quaint home is nestled in a lovely neighborhood and boasts hardwood floors, crown molding, and French doors. While it requires a little TLC, the potential here is boundless. Imagine the possibilities of additional square footage to suit your needs, whether it's a cozy primary bedroom, a modern kitchen, or a serene garden retreat. Embrace the opportunity to create your ideal living space in this quintessential Pasadena bungalow!
Listed with Dick Davis | (626) 294-2901, Cornerstone Real Estate Serv.
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, 23 Jul 2024 11:34:00 +0000: $2,267,000 :: 1694 Sierra Madre Villa Avenue, Pasadena CA, 91107 - Pasadena - Solds - SFR
4 beds, 5 baths
Home size: 2,400 sq ft
Lot Size: 18,409 sq ft
Added: 05/23/24, Last Updated: 07/23/24
Property Type: Single Family
MLS Number: SR24104567
Community: Pasadena (NE)
Status: Sold
Welcome to this truly stunning Victorian home, situated on a nearly half-acre lot in the prestigious Kinneloa Mesa area of Pasadena, offers a blend of historical charm and modern luxury and paid-offer solar! Built in the late 1800s for the renowned artist William F. Cogswell, who painted presidential portraits for Abraham Lincoln and Ulysses S. Grant, this residence is steeped in rich history. The main house features three bedrooms and two and a half bathrooms across nearly 2,000 square feet of exquisite living space. Original wood floors are beautifully preserved throughout, adding timeless elegance to the home. The formal living room is adorned with large windows that fill the space with natural light, creating an inviting atmosphere. The expansive family room, complete with a cozy wood-burning fireplace and abundant natural light, provides the perfect setting for relaxation and gatherings. The formal dining room, located off the kitchen, is ideal for hosting elegant dinners. The large remodeled kitchen boasts granite countertops, a double oven, a massive island, and plenty of cabinet storage. A convenient laundry room is situated off the kitchen, along with a downstairs powder room. Upstairs, the home features two large guest bedrooms and a well-appointed guest bathroom. The spacious primary bedroom offers a private balcony, a walk-in closet, and breathtaking views. Remodeled primary bathroom features a large shower, an updated vanity, and a standalone clawfoot tub perfectly positioned to take in the stunning mountain views. The property includes a circular driveway with dual electric gates, ensuring privacy and convenience. A massive six-car detached garage with a large 400sqft loft with bathroom above provides versatile space that can be used as an ADU. Additionally, there is a two-car tandem garage, perfect for cars, motorcycles, or storage. The large, pool-sized backyard offers limitless potential, with incredible views of the San Gabriel Mountains and close proximity to Eaton Canyon Golf Course, shops, restaurants, and the 210 freeway. Don’t miss this opportunity to own a piece of Pasadena history.
Listed with Daniel Regan | 661-231-5378, RE/MAX of Santa Clarita
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, 23 Jul 2024 10:03:00 +0000: $4,435,000 :: 660 Burleigh Drive, Pasadena CA, 91105 - Pasadena - Solds - SFR
4 beds, 6 baths
Home size: 4,300 sq ft
Lot Size: 30,371 sq ft
Added: 06/05/24, Last Updated: 07/23/24
Property Type: Single Family
MLS Number: P1-17946
Community: Pasadena (SW)
Status: Sold
Built in 1939, this distinctive property was designed by renowned architect Wallace Neff who is credited with developing 'California Style' in the golden age of California architecture. This beautiful home features a dramatic elliptical entry hall with the bedrooms positioned on the main level. The large primary suite features a corner fireplace and dual bathrooms each with their own spacious dressing areas. Two additional bedrooms share an updated jack-and-jill bathroom. An additional room, currently used as a den, is a flexible space. A gorgeous curved staircase with an elegant iron and bronze railing leads down to the public rooms. The large L-shaped living room features a corner fireplace that can be seen from all angles of this sizable space. This room features built-ins, hardwood floors and painted wood plank ceilings. A huge bay window showcases the view out to the professionally landscaped gardens. The dining room is large enough to hold a table for 10 and also features a large floor to ceiling window with doors out to the patio and gardens. The kitchen showcases marble countertops and a pretty ceramic tile backsplash as well as top of the line stainless steel appliances. The kitchen opens to the family room with a built-in banquette eating area, a built-in desk and bookshelves. On this same level there is a powder room and a laundry room. The backyard of this nearly 3/4 acre property is incredible. Just outside of the family room and dining room rests a patio perfect for outdoor entertaining. A charming wisteria covered 'tea house' is nestled in the corner, a lovely little hideaway. The current owners relandscaped and remodeled the entire backyard creating a spectacular new pool, jacuzzi plus a fantastic pool house that opens to a pergola covered entertainment area.The pool house features an accordion door that opens to create a beautiful indoor/outdoor space. At the end of the pool rests a firepit with built-in bench seats as well as a large bocce court nestled under a canopy of oak trees. There is an expansive flat grass area parallel to the pool and surrounded by large old-growth trees giving the entire property a feeling of privacy. Above the two car garage garage there is a guest room, a charming space with pitched ceilings and a 3/4 bathroom. This incredible property is fully gated and stretches from street to street (Burleigh to San Remo) in one of the most coveted neighborhoods in Pasadena.
Listed with Ted Clark | (626) 817-2123, 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/! - Mon, 22 Jul 2024 17:23:00 +0000: $1,170,000 :: 295 Anita Drive, Pasadena CA, 91105 - Pasadena - Solds - SFR
2 beds, 2 baths
Home size: 1,630 sq ft
Lot Size: 8,569 sq ft
Added: 06/12/24, Last Updated: 07/22/24
Property Type: Single Family
MLS Number: 24402471
Community: Pasadena (SW)
Status: Sold
Presenting a fantastic opportunity to fix and own in the prestigious neighborhood of the San Rafael Hills of Pasadena. This 2 BD / 2BA offers fantastic views and a great floor plan including a large finished basement, open kitchen, spacious bedrooms, original mid-century finishes and more. The interior is in need of TLC and backyard needs attention. Close to major freeways, shopping and dining, opportunities like this do not come up often!
Listed with Andrew Dinsky | 310-729-3393, Equity Union
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, 19 Jul 2024 16:59:00 +0000: $1,500,000 :: 2166 Casa Grande Street, Pasadena CA, 91104 - Pasadena - Solds - SFR
4 beds, 2 baths
Home size: 1,615 sq ft
Lot Size: 6,696 sq ft
Added: 06/26/24, Last Updated: 07/19/24
Property Type: Single Family
MLS Number: P1-18247
Status: Sold
Welcome to this beautifully remodeled cottage-style home, perfectly situated in the heart of Pasadena. This charming residence boasts 1,615 sq ft of living space on a generous 6,694 sq ft lot. Featuring four spacious bedrooms with ample closet space and two completely remodeled bathrooms, the home exudes comfort and style. The interior is adorned with brand new luxury vinyl flooring and new recessed lighting throughout, creating a bright and inviting atmosphere.The kitchen is a chef's dream, showcasing refinished oak cabinetry, brand new quartz countertops, a new stainless steel sink, and top-of-the-line appliances. Recent upgrades include new copper plumbing, a new main sewer line, and a fully serviced HVAC unit, ensuring modern convenience and reliability. The property also offers motorized gate access on the driveway and a functional irrigation system, enhancing ease of living. Perfect & Oversized Detached Garage Perfect For ADU Conversion!Nestled on a lush, tree-lined street, this home provides a serene and picturesque environment. Its prime Pasadena location offers easy access to the 210 freeway and is just a short drive from Pasadena City College and CalTech, making it an ideal spot for both commuting and education. Don't miss this rare opportunity to own a piece of Pasadena's charm, perfectly blending historic elegance with contemporary comforts.
Listed with Kevork Garibian | (626) 665-3457, Berkshire Hathaway Home Servic
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/!
