2013 has a strong start for Pasadena home sales. Pasadena California is in a strong seller’s market. No longer do home buyers have plenty of homes to choose from. And, the prices are going up… Thankfully, the interest rates are still at record lows, but they only fuel the desperation seen in the market place with multiple home buyers bidding for same home. This should be no surprise for my readers since I’ve been talking about the market turning for quite awhile now.
But, let’s take a look at historical data.
Highlights:
- Average sold prices in Pasadena are back to just above 2003 levels. $668,040 would buy you an average 3 bedroom, 2 bath home last year.
- Inventory of available homes is the lowest in 10 years – January 2013 had only 122 Pasadena homes for sale!
- More homes are in demand. A whopping 938 homes have been sold last year. We have not seen this volume since 2006.
Interesting Facts:
- 1 in 3 homes were purchased for all cash last year.
- 2nd mortgages are almost non-existent – only 1.8% of home owners were able to get a 2nd loan with their purchase. Almost 43.4% of all home purchases in 2006 had a 2nd mortgage.
- More home buyers are taking advantage of the low interest rates by locking in fixed rate loans. 3.7% in 2012 was the average compared to 6.4% in 2006.
- Affordability is at 51% in 2012, up from only 12% in 2006.
Now… FUN facts:
- Highest priced home sale in Pasadena in 2012 closed at over $8 million!
- So far, in the first month of 2013, Pasadena already had a home sale over $7 million!!!
READ MORE: Pasadena real estate update 2012 – see luxury home sales.
Statistics gathered from Pasadena Foothill Association – Single Family Homes only.
Irina is a Top Realtor and the founder and President of Pasadena Views Real Estate Team™. She is available to assist you in all of your Real Estate transactions. Email or call her today at (626)629-8439.
Interested in seeing what available for sale? Take a look at the home listings below. The information is updated real-time as new homes are entered into the Multiple listings service:
- Sun, 01 Dec 2024 20:42:00 +0000: $599,000 :: 512 S Euclid Avenue #6, Pasadena CA, 91101 - Pasadena Home Search
2 beds, 1 bath
Home size: 806 sq ft
Lot Size: 11,165 sq ft
Added: 11/11/24, Last Updated: 12/01/24
Property Type: Condo/Townhouse/Co-Op
MLS Number: P1-19919
Community: Pasadena (SE)
Status: Conditional
Discover a truly special residence in the vibrant Madison Heights area of Pasadena! This top-floor condo offers the ideal combination of modern updates and classic charm. Begin your day with morning coffee on the quaint front patio, which provides a lovely view and a warm welcome to your home.Step inside to a bright and spacious living room, flooded with natural light from oversized windows, and enhanced by delightful midcentury built-in shelving. The adjacent dining area opens to a second, generously sized balcony--perfect for setting up both a patio lounge and bistro dining set for relaxed outdoor living.The updated European-style kitchen is a chef's delight, featuring elegant butcher-block countertops, soft-close European cabinetry, and a pantry for ample storage. Stainless steel appliances, including a sleek range, microwave, and refrigerator, add a touch of sophistication, while a stylish modern ceiling light completes the space.The bathroom has been updated with a chic contemporary light fixture and offers both a separate shower and bathtub for ultimate convenience. Both sunlit bedrooms are generously proportioned, with spacious closets and tasteful features like a ceiling fan in one and modern sconce lighting in the other. The hallway also showcases a new light fixture, adding to the overall refined feel.Enjoy the warmth of wood floors throughout along with carport parking and the practicality of three unassigned guest parking spaces. Even better, this condo boasts some of the lowest HOA fees in Pasadena!Embrace the Pasadena lifestyle you've dreamed of with a high Walk Score of 81, allowing easy access to nearby restaurants, shopping, parks, and the Gold Line. Don't miss out on this unique opportunity for affordable elegance in the heart of Pasadena!
Listed with Pei Chang CalDRE: 01324106 | (626) 922-4268, 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/!- Sun, 01 Dec 2024 05:30:00 +0000: $534,900 :: 125 N Allen Avenue #216, Pasadena CA, 91106 - Pasadena Home Search
1 bed, 1 bath
Home size: 864 sq ft
Lot Size: 51,218 sq ft
Added: 03/04/24, Last Updated: 12/01/24
Property Type: Condo/Townhouse/Co-Op
MLS Number: DW24044630
Community: Pasadena (SE)
Status: Active
Welcome to this ideally situated condo in Pasadena's highly sought-after location. This beautiful condo is located on the second floor with views directly to Allen St. 125 Allen Ave is 1 block from Colorado Blvd. Within close proximity to PCC, banks, shopping, restaurants, 210 freeway, apx 2 blocks from Metro Gold line and Cal tech. Minutes drive to Old town Pasadena, shopping centers, and recreational parks. This unit offers 1 spacious Bedroom with two roomy closets. 1 Bath with separate shower and tub. Hallway offers an additional closet and more storage space. Kitchen provides numerous cabinetry and is open to the living and formal dining room. Spacious living room with a bar style area, lovely fireplace. Natural lighting from the balcony through the sliding glass door. Balcony faces Allen Ave.Condo amenities include a laundry room on the same level next to the elevator, fitness, pool and sauna and gated parking space. PLEAES DO NOT FORGET TO CLICK AND VIEW WHAT WE'VE PREPARED VIA 360 TOUR NEXT TO PHOTOShttps://show.tours/e/53qqQQG
Listed with Araceli Garcia CalDRE: 01835082 | 562-863-2121, Century 21 Allstars
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, 30 Nov 2024 08:42:00 +0000: $1,049,000 :: 150 Virginia Avenue, Pasadena CA, 91107 - Pasadena Home Search
2 beds, 2 baths
Home size: 813 sq ft
Lot Size: 5,851 sq ft
Added: 11/18/24, Last Updated: 11/30/24
Property Type: Single Family
MLS Number: 24464535
Community: Pasadena (SE)
Status: Conditional
Adorable, light-filled character Cottage built in 1933. Located on a tranquil, tree lined street in East Pasadena, this charming and cozy Country English Gem features a renovated kitchen, original hardwood floors, dual paned windows, central HVAC, tankless water heater, and tons of period details! Cozy living room with Fireplace accented with a brick and a wooden mantle. Tastefully remodeled kitchen has period inspired tile, mahogany countertops, wood floors, farmhouse sink, newer cabinets, a butler's pantry with leaded glass accents, built in banquette for dining, newer refrigerator, dishwasher, and Vintage O'Keefe & Merritt stove. The Primary bedroom features a large closet and French doors that open onto a large deck with a lovely view of the Mountains, perfect for outdoor dining and relaxation. Hallway bathroom features a charming clawfoot tub and pedestal sink. The front bedroom includes an ensuite 3/4 bathroom accented with original pink and green tile and a shower. Good sized backyard has lush garden filled with roses, citrus trees, camellias and raised flower beds. Detached 2 car garage. Prime location central to everything: right around the corner from Lamanda Public Library, 10 minutes to Old Pasadena, 5 minutes to Metro Gold Line Station, 2 miles to Cal-Tech, 8 miles to JPL, and close proximity to Huntington Library, San Marino, and tons of incredible parks, waterfalls, and trails in Angeles National Forest.
Listed with Jimmy Martinez CalDRE: 01252139 | 323-377-0548, 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/!- Fri, 29 Nov 2024 17:02:00 +0000: $799,900 :: 130 W Mountain Street, Pasadena CA, 91103 - Pasadena Home Search
3 beds, 3 baths
Home size: 1,435 sq ft
Lot Size: 17,969 sq ft
Added: 11/29/24, Last Updated: 11/29/24
Property Type: Condo/Townhouse/Co-Op
MLS Number: FR24209047
Community: Not Defined
Status: Active
Charming Pasadena Townhome in Sought-After Location: Welcome to 130 W Mountain Street, Pasadena – a spacious and beautifully designed Neo-Craftsman townhome nestled in one of Los Angeles County’s most desirable enclaves. This rare gem is part of an intimate, 4-unit HOA in the shadows of the majestic San Gabriel Mountains. Enjoy the breathtaking views and the convenient proximity to Pasadena’s most iconic landmarks. Whether it’s exercise and recreation or world class entertainment at the historic Rose Bowl, or fine-dining and high-end shopping in Old Town Pasadena, the host of options in the surrounding area provides something for everyone. This home boasts a timeless style with a warm, inviting ambiance. Lovingly and diligently maintained by its second owner, it radiates pride of ownership. Notable features of convenience include easy access to the 210 and 134 freeways, plentiful on-street parking, in addition to a spacious, attached 2-car garage with additional built-in storage space. Whether you're a first-time buyer, a growing family, or looking for a serene retreat with easy access to Pasadena’s many attractions, this townhome offers the perfect blend of charm, comfort, and convenience. Don’t miss your chance to own a piece of Pasadena’s allure!
Listed with Craig Barton CalDRE: 01228460 | 559-349-1950, ERA Valley Wide Homes
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, 29 Nov 2024 12:50:00 +0000: $698,000 :: 389 Cliff Drive W #3, Pasadena CA, 91107 - Pasadena Home Search
2 beds, 2 baths
Home size: 1,124 sq ft
Lot Size: 9,980 sq ft
Added: 11/13/24, Last Updated: 11/29/24
Property Type: Condo/Townhouse/Co-Op
MLS Number: AR24233482
Community: Pasadena (NE)
Status: Conditional
Great location for shopping and public transportation. Front unit, ground level, with great floor plan. Beautiful stone fireplace and formal dining area. Master bedroom has own ¾ bath and second full bath to accommodate second bedroom and guests, laminate floors. Carport. This unit shows so well your clients will love it!
Listed with Peggy Allison CalDRE: 00481718 | 626-445-2700, Allison REALTORS
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, 29 Nov 2024 10:36:00 +0000: $949,000 :: 1830 Belmont Avenue, Pasadena CA, 91103 - Pasadena Home Search
2 beds, 1 bath
Home size: 900 sq ft
Lot Size: 6,831 sq ft
Added: 11/29/24, Last Updated: 11/29/24
Property Type: Single Family
MLS Number: SR24241692
Community: Pasadena (NW)
Status: Active
Welcome to this beautifully updated home, where every detail has been meticulously crafted for comfort and style. The heart of the home is the gourmet kitchen, featuring a top-of-the-line 36" stove, a drawer microwave, custom stone countertops, a stunning backsplash extending to the ceiling, and an impressive infinity waterfall—a perfect space for both cooking and entertaining.Throughout the home, enjoy the elegance of luxury plank flooring, giving each room a modern, cohesive feel. The smooth finish drywall, along with new doors and windows, enhances the home’s clean, contemporary aesthetic.For year-round comfort, this home boasts a new tankless water heater and an upgraded HVAC system, ensuring efficiency and convenience.The expansive 300 sqft game room provides ample space for family fun, recreation, or even a home theater setup. The possibilities are endless!Sitting on a huge lot, this property offers great potential for an ADU (Accessory Dwelling Unit) or plenty of room for outdoor activities, gardening, and more.Nestled in an amazing, quaint neighborhood, you’ll enjoy the tranquility and charm of this lovely community, while still being close to all the amenities you need.This home is a true gem—come see it today and envision your future in this beautiful space!
Listed with Edward Guillen CalDRE: 01862100 | 661-886-2938, Pantheon Realty Corporation
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, 29 Nov 2024 10:18:00 +0000: $3,475,000 :: 1506 E California Boulevard, Pasadena CA, 91106 - Pasadena Home Search
5 beds, 4 baths
Home size: 3,881 sq ft
Lot Size: 26,968 sq ft
Added: 10/23/24, Last Updated: 11/29/24
Property Type: Single Family
MLS Number: P1-19707
Community: Pasadena (SE)
Status: Conditional
Three visionary architects, Reginald Johnson, Gordon Kaufmann, and Roland Coate, joined forces in 1922 to create the new California Style of architecture. This collaboration was a significant moment in the history of Southern California's architectural landscape, marking a departure from the prevalent architectural trends of the time. In 1924, they designed this one-story Early California Rancho beautifully sited on a 26,000+ square foot lot set back from the street and shielded by mature trees and hedges. Located in the CalTech/ Huntington Library area of Pasadena. The City of Pasadena has determined that the Thomas House is eligible to be listed in the National Register of Historic Places. Designed in a U shape around a generous patio, the floor plan has a sense of unity and simplicity, offering ease and flow to the public and private areas of the home. The house has 5 bedrooms, 4 baths, a formal entry with a barrel vaulted ceiling, a dining room with fireplace, a living room with a fireplace and vaulted ceiling, and a large tile floor galleria. Graced by solid wood carved doors, hardwood floors, high ceilings, and parklike views from nearly every vantage point. Experience outdoor hospitality with a sparkling pool, patios, and charming landscaped gardens featuring meandering decomposed granite paths. Adorned with fruit and olive trees, vibrant roses, and fragrant, drought-tolerant plants. The perfect retreat under a grand oak tree is a charming studio guest house with a 3/4 bath and a welcoming front veranda. Cherished by its current owner for over four decades, this beloved property is ready for someone new to care for and preserve it. Take advantage of this opportunity to own a piece of history and make it your own.
Listed with Robin Stever CalDRE: 00916653 | (626) 695-2846, 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/!- Fri, 29 Nov 2024 09:54:00 +0000: $899,000 :: 170 N Grand Avenue #102, Pasadena CA, 91103 - Pasadena Home Search
2 beds, 2 baths
Home size: 1,245 sq ft
Lot Size: 27,452 sq ft
Added: 11/15/24, Last Updated: 11/29/24
Property Type: Condo/Townhouse/Co-Op
MLS Number: SR24230096
Community: Pasadena (NW)
Status: Active
Discover luxurious California living in this spacious, single story 2-bedroom, 2-bathroom condo spanning 1245 square feet. The kitchen is updated with newer cabinetry and Carrara Marble counters-tops, and with newer appliances, then relax in a cozy and calm open floor plan environment around a newer electric fireplace. Unwind in the tub-equipped bathroom, accessible from the living room and each bedroom. The bedrooms are abundant with closet space and storage. The outdoors has an expansive outdoor patio (39 ft. by 14 ft.) ideal for al fresco dining or lounging amidst lush planters and stylish outdoor furniture. The complex has amenities such as elevator accessibility, gated secure parking (two side-by-side spaces), a sparkling and beautiful, sparkling private swimming pool, jacuzzi spa area with outdoor seating, barbeque, and umbrellas. The building is primarily owner-occupied, meaning is well maintained, stable, and quiet environment. The building is on a quiet street, lined with Oaks Trees and a short distance from Pasadena’s Old Town, Rose Bowl, and Norton Simon Museum, this is well-positioned for both outdoor recreation and urban convenience with easy access to freeways (210, 134, 110, 5, and 2).
Listed with Walter Baneggas CalDRE: 01849033 | 818-934-0660, Keller Williams North Valley
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, 27 Nov 2024 21:14:00 +0000: $1,880,000 :: 920 Granite Drive #209, Pasadena CA, 91101 - Pasadena Home Search
3 beds, 3 baths
Home size: 2,360 sq ft
Lot Size: 82,795 sq ft
Added: 11/07/24, Last Updated: 11/27/24
Property Type: Condo/Townhouse/Co-Op
MLS Number: TR24227068
Community: Pasadena (SE)
Status: Conditional
Experience the best of Pasadena living at Granite Park Place. This beautifully designed, move-in-ready residence on the second floor offers serene courtyard views with a northern exposure. Featuring 3 bedrooms and 3 bathrooms, this home has an open floor plan complete with a cozy limestone fireplace in the living room, a kitchen with a delightful breakfast nook, and a private balcony overlooking the courtyard. Residents enjoy a range of exclusive amenities, including daily concierge and valet services, a club room, fitness center, pool and spa, elevator access, an outdoor fireplace, and a poolside barbecue area. The property includes two parking spaces and a spacious storage room. Nestled in a prime Pasadena neighborhood, it’s within walking distance to Erewhon, diverse dining, Caltech, and more.
Listed with Andy Huang CalDRE: 01448587 | 714-987-6288, Reddoor International 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/!- Wed, 27 Nov 2024 15:46:00 +0000: $1,299,000 :: 2501 Brigden Road, Pasadena CA, 91104 - Pasadena Home Search
3 beds, 2 baths
Home size: 1,482 sq ft
Lot Size: 9,305 sq ft
Added: 10/09/24, Last Updated: 11/27/24
Property Type: Single Family
MLS Number: 24451007
Community: Pasadena (NE)
The price of this listing was last reduced on 11/20/2024 by 4%
Status: Conditional
Beautiful Traditional Home on A Large Lot in the Highly-Desirable Brigden Ranch Neighborhood in Pasadena! Featuring hardwood floors throughout, this 3-bedroom stunner features old school craftmanship & beauty at every corner. Living room w/ brick fireplace, crown mouldings, & French doors leading to the backyard. Formal dining room w/ built-ins & chandelier. Beautiful kitchen w/ custom cabinetry, granite countertops, custom backsplash tiling, & stainless-steel appliances. Spacious Master Bedroom Suite. Large & private backyard w/ wood decking - perfect for entertaining! Central AC + heat. 2 car Garage w/ dome storage & plenty of driveway parking. Earthquake Retrofitted. Eco Bee smart thermostat & Ring video doorbell. Just a few blocks from Victory Park, Pasadena High School, & top-rated shopping, dining, & entertainment along Washington Blvd. A fantastic opportunity in an amazing neighborhood!
Listed with Oliver Moussazadeh CalDRE: 01721353 | 310-895-9887, Revilo Realty, 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/!
