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Pasadena Home Sales Update

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.

Pasadena home sale statistics 2003 to 2012

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, 17 Oct 2021 20:59:00 +0000: $3,100,000 :: 3454 Vosburg Street, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    4 beds, 3 baths
    Home size: 4,229 sq ft
    Lot Size: 35,720 sq ft
    Added: 07/23/21, Last Updated: 10/17/21
    Property Type: Single Family
    MLS Number: AR21172153
    Community: Pasadena (NE)
    The price of this listing was last increased on 9/30/2021 by 16%
    Status: Conditional


    RELAX * SPREAD OUT * UNWIND Bright Eaton Canyon Estate on nearly an acre of land. NATURAL SLATE accents both front and kitchen entries. The GOURMET KITCHEN has a walk-in pantry, built-in desk, oversized refrigerator / freezer, prep sink, communal island. There's a distinct dining area surrounded by windows and deck access. Off the kitchen is a GRAND LIVING ROOM- vaulted ceilings, hardwood floors, a gas and wood burning fireplace. It's the heart of the home where holiday feasts are served, and games are played. Looking up is a beautiful LOFT AND BALCONY. Perhaps an office, extra bedroom, or library? It’s a showpiece, the crown of the home. Looking outside, we flow into an open-air VIEW DECK, also accessed from the Kitchen and Master Suite. Plenty of space for tables and chairs. Have friends over for cocktails to see the city at sunset. Serve hot or chilled hors d'oeuvres straight from the kitchen. That’s a nice touch. Returning inside, the Grand Living Room ends at a hallway with built-in shelves and drawers for linens. Here are TWO GUEST SUITES. And in between is a FULL BATH, clawfoot tub and shower. The pièce de ré·sis·tance - THE MASTER SUITE rests at the end. It opens to a walk-in closet and a private fireplace. Another full bathroom with twin sinks and vanities, a tub with jets, and an oversized romantic shower. The ultimate retreat. The WALKOUT DOWNSTAIRS features a large FAMILY ROOM with built-ins, like the under-stairs closet and a hidden, bolted full-size safe or locker. There is a newly tiled LAUNDRY ROOM with gas appliances and a deep utility sink. As a bonus there are additional water lines for an easy kitchenette or wet bar expansion. Also Downstairs is a GUEST SUITE and ¾ BATH which could make this Lower-Level into a world onto itself. From the Family Room, French doors lead to a shaded PATIO. Walking outside, detached and across the driveway, is the GUEST COTTAGE - a large studio with separated kitchen and appliances, including a stacked washer / dryer. The bathroom is ADA friendly. The Cottage has a large closet and French doors opening to a private deck with garden views. Also in the BACKYARD- mature oaks, a black bottom beach pool, hot tub, waterslide, gas fire pit, built-in grill. Enjoy fire pit S’mors, volleyball, setting up a trampoline, zip lining, or some unorthodox use. There's a 2 car finished garage with a workshop / office, and plenty of outside parking. Vast amounts of storage. This home was built to… RELAX * SPREAD OUT * UNWIND

    Listed with Kevin Wheeler CalDRE: 01994525, Century 21 Village 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/!


  • Sun, 17 Oct 2021 17:30:00 +0000: $1,475,000 :: 334 S Parkwood Avenue, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 2,155 sq ft
    Lot Size: 6,534 sq ft
    Added: 10/17/21, Last Updated: 10/17/21
    Property Type: Single Family
    MLS Number: P1-7115
    Community: Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    Located on a beautiful tree-lined street in the distinguished Caltech neighborhood of Pasadena is this delightful English-style home certain to steal your heart. Originally built in 1929, the house has beautiful architectural elements that have been cared for and exceptional updates suited for today's lifestyle. The floor plan flows easily with arched passageways, high ceilings and many windows bringing in an abundance of natural light. The dramatic living room features beamed ceilings, a gas/wood-burning fireplace and built-in bookshelves. The large dining room opens to the family room and a spacious updated kitchen with gorgeous quartz countertops and new stainless-steel appliances. From the inviting family room, French doors open to an expansive deck perfect for outdoor dining. There is also a charming garden with grass area with a mature Meyer lemon tree that yields bountiful crops annually, and adjacent home office. There are three bedrooms and two and one-half bathrooms. The primary bedroom with plantation shutters and views of the garden, features a lovely bathroom with hexagon tiled floors and a large pedestal sink for two. The second bathroom, also with tile flooring and pedestal sink is shared between the two additional bedrooms. From the kitchen you will find a laundry room and a half-bathroom. The hardwood floors have been refinished and there is a newer central air and heating system There is new landscaping, and the front garden features an array of drought tolerant plantings. The location of this wonderful home is central to everything Pasadena is renowned for: Caltech, the Huntington Library and Gardens, and the many shops and wonderful restaurants on South Lake Avenue and in Old Town Pasadena.

    Listed with Lisa Ashworth CalDRE: 01330150, The Agency


    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, 17 Oct 2021 13:54:00 +0000: $1,300,000 :: 3630 Greenhill Road, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    2 beds, 3 baths
    Home size: 2,894 sq ft
    Lot Size: 14,811 sq ft
    Added: 10/09/21, Last Updated: 10/17/21
    Property Type: Single Family
    MLS Number: P1-7112
    Community: Pasadena (NE)
    Tract: Not Applicable
    Status: Active


    Located on beautiful tree lined street in much sought after lower Hastings Ranch. This 1948 ranch style home offers spacious rooms, large lot, oversized car port, newer roof, additional space that could be converted to an ADU and an inherent elegance waiting to be transformed.The property features a grand living room with fireplace and picture window, family room with fireplace, formal dining room, 2 oversized bedrooms, central air and newer roof and maintenance free lawn in front and rear yard. This a wonderful opportunity. Please come for a look. Easy to show. Property to be sold 'as is'. Buyer to satisfy through their inspection of public documents. Building Inspection Report is added.

    Listed with Gregory Bull CalDRE: 01177732, 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/!


  • Sun, 17 Oct 2021 09:24:00 +0000: $798,000 :: 1127 Evelyn Place, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    2 beds, 1 bath
    Home size: 764 sq ft
    Lot Size: 2,178 sq ft
    Added: 09/22/21, Last Updated: 10/17/21
    Property Type: Single Family
    MLS Number: AR21208868
    Community: Pasadena (NE)
    Status: Active


    Incredible location on super quiet, low traffic east west street in the middle of Historic of Bungalow Heaven . This Classic appropriate bungalow is in Move in condition with all the modern conveniences. 2 bedrooms 1 bath plus office. Updated kitchen with all new appliances including new refrigerator, quartz counter tops, custom cabinets. new waterproof wood vinyl plank flooring throughout. new paint inside and out. Inside laundry room with new washer and dryer included. Updated bath with tile floors, shower/tub and custom vanity. Split system air conditioner, tank-less water heater. Automatic sprinklers front and back, 1 car garage with auto opener. Photos show virtual staging. Maybe possible to apply for Mills Act, buyer to check with city for eligibility.

    Listed with Robert Doeppel CalDRE: 01793445, RBD Real Estate Services, 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/!


  • Sun, 17 Oct 2021 08:27:00 +0000: $2,795,000 :: 141 Sierra View Road, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    5 beds, 4 baths
    Home size: 3,067 sq ft
    Lot Size: 0 sq ft
    Added: 10/06/21, Last Updated: 10/17/21
    Property Type: Single Family
    MLS Number: P1-6981
    Community: Pasadena (SW)
    Tract: Not Applicable
    Status: Conditional


    Recognized as one of the San Rafael flats' iconic homes, this property is majestically poised on a large lot on one of the area's most coveted streets. Retaining many of the classic architectural elements of its era, the home boasts gleaming hardwood floors, exquisite crown molding and lovely appointments. The sophisticated living room is filled with natural lighting from the oversized windows and French doors. Central to the room is an elegant fireplace. A beautiful arched doorway leads to the formal dining room adorned with exquisite wainscot paneling and stunning built in niches. French doors from the living room and dining room open to a substantial patio and capture views of the pool and the gently terraced rear yard. The kitchen features a large center island with cook top, stainless appliances, built-in desk and breakfast area. The cozy den has built-in shelves and cupboards. The home offers 5 sizeable bedrooms upstairs all enjoying beautiful treetop or rear yard views. The garage has a large interior room, ideal for additional storage. There is a 3/4 bathroom behind the garage. Additional FeaturesSeparate Laundry room, large pool and spa, large grassy area in rear yardCentral A/CAlarm

    Listed with Vicky Botsford CalDRE: 01184717, 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/!


  • Sat, 16 Oct 2021 18:47:00 +0000: $2,298,000 :: 1437 Rutherford Drive, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    5 beds, 5 baths
    Home size: 3,850 sq ft
    Lot Size: 46,610 sq ft
    Added: 10/16/21, Last Updated: 10/16/21
    Property Type: Single Family
    MLS Number: P1-7111
    Community: Pasadena (NW)
    Tract: Not Applicable
    Status: Active


    Located in El Mirador Ranch within the coveted Linda Vista area of Pasadena, this turnkey property was built in 1988. The Mediterranean style home is positioned on a knoll with expansive views of the San Gabriel mountains and Pasadena. Featuring 5 bedrooms, each with its own private bath, this home offers flexibility to meet your needs. The designer kitchen has been updated and beautifully appointed with top of the line finishes and appliances including a gorgeous La Cornue oven and stove plus custom cabinetry and built-ins. The open and airy floor plan features a kitchen/family room combination and interconnected formal spaces for the dining room and living room. The main bedroom suite features a fireplace and a balcony overlooking the views plus a large walk-in closet and large bathroom with dual sinks, a large walk in shower and a jacuzzi tub beneath a beamed rotunda. The sunken living room opens out to a sparkling pool and patio area nicely privatized with majestic old growth trees and verdant landscape. An exterior spiral staircase takes you to an additional large deck with great mountain views. There is a gated driveway and a three car garage. With a fantastic floor plan, high ceilings and hardwood floors throughout, this lovely home checks all the boxes!

    Listed with Ted Clark CalDRE: 01074290, 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/!


  • Sat, 16 Oct 2021 16:37:00 +0000: $798,000 :: 2481 Wagner Street #2, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 1,466 sq ft
    Lot Size: 37,898 sq ft
    Added: 10/16/21, Last Updated: 10/16/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: OC21227905
    Community: Pasadena (NE)
    Status: Active


    **END UNIT** **TURNKEY** This elegant Mediterranean style 2-story townhome in the Artisan Square is featured with the most desired high ceiling open floor plan in the complex. The spacious patio on the front door connected to lush landscaping and a flowing water fountain. Step into the home, there is a large cozy living room with fireplace, adjacent to gourmet kitchen that has wood cabinetry, high-end stainless appliances, granite countertops, and a breakfast bar that opens onto great sized formal dining area. Direct access to the attached oversized 2 car garage (side-by-side) with wall storage shelves. Upstairs, you will find a your private retreat in the owner's suite that boasts with dual vanity, vertical SPA shower and a custom walk-in closet, a spacious bedroom, and a spacious bonus room converted to third bedroom. Freshly painted throughout the home. Close to Eaton Canyon National Center, Huntington Botanical Gardens, PCC, Caltech, Metro Station, shopping centers, restaurants, and so much more! Easy freeway access.

    Listed with Lingfeng Li CalDRE: 01989768, Realty One Group West


    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, 16 Oct 2021 15:59:00 +0000: $950,000 :: 610 S Orange Grove Blvd, Unit 4, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,724 sq ft
    Lot Size: 23,523 sq ft
    Added: 10/11/21, Last Updated: 10/16/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: PF21229053
    Community: Pasadena (SW)
    Status: Active


    Located in of Pasadena’s highly desired South Orange Grove neighborhood, this three bedroom, two bathroom condo is move-in ready. Upon entering is a large living room with fireplace has ample light from the west facing windows. The recently remodeled kitchen is open to the dining room. Down the hall are the three bedrooms. The owner’s suite has a large updated bathroom with walk-in closet. The professionally managed building includes a secured access entry and two designated car carports with storage units.

    Listed with Hunter Forsyth CalDRE: 01939557, 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/!


  • Sat, 16 Oct 2021 14:47:00 +0000: $399,000 :: 35 El Nido Avenue #8, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    1 bed, 1 bath
    Home size: 715 sq ft
    Lot Size: 0 sq ft
    Added: 10/16/21, Last Updated: 10/16/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-7107
    Community: Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    Top floor, single level condo in a small complex of only 10 units. Recently painted, remodeled kitchen with stainless steel appliances and stone countertops. Updated full bathroom. Pre-engineered wood floors. Wall A/C unit. Large closets provide good storage in the unit. Low HOA fees include water, trash, sewer, insurance and an assigned covered carport parking spot with overhead storage bin. Located in East Pasadena near shops, restaurants and transportation. Professionally managed.

    Listed with Giusy Mele-Brown CalDRE: 01252230, 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/!


  • Sat, 16 Oct 2021 13:47:00 +0000: $935,000 :: 1116 E Claremont Street, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    2 beds, 1 bath
    Home size: 1,238 sq ft
    Lot Size: 3,485 sq ft
    Added: 08/18/21, Last Updated: 10/16/21
    Property Type: Single Family
    MLS Number: PW21183061
    Community: Pasadena (NE)
    The price of this listing was last reduced on 10/6/2021 by 3%
    Status: Conditional


    Welcome to a beautiful slice of ‘Americana Chic’ located in bungalow heaven, within the heart of a historical part of Pasadena, CA. A touch of breezy comfort serves as the perfect description for this gorgeous 2 bed / 1 bath home located at 1116 E. Claremont St. The front porch instantly welcomes you to this newly renovated dream home with hardwood floors, an open living concept and a delightful interior that blends modern styles with original design. Step inside to a spacious living room that flows seamlessly into the dining area and kitchen, enhancing the spacious atmosphere of this lovely property. French doors leading to the front porch echo the property’s original architecture. The recently renovated kitchen is a stunning mixture of updated styles and relaxed ambiance. Cabinets contrast beautifully with the sintered stone counter and laminate wood floor. A sliding farmhouse door leads to an updated and roomy laundry room that includes extra cabinet space. Both bedrooms are large and bright, featuring rich hardwood floors and multiple windows. The remodeled bathroom is calming and attractive with its double vanity and black tile floors. A neutral color scheme allows the upgraded design to stand out. The back porch is partially shaded and secluded from the surrounding trees and offers a paved space for relaxing or dining outdoors. Other amenities of this delightful home include a new A/C, as well as a spacious attic and cozy basement that is perfect for wine or overall storage. The property promotes ample parking and gorgeous landscaping potential. Nearby this amazing, residential neighborhood, is a newly restored park, plenty of restaurants and shops.

    Listed with Andreas Stavropoulos CalDRE: 02030278, Think Boutiq 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/!


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