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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:

  • Mon, 30 Nov 2020 18:01:00 +0000: $1,125,000 :: 1495 N Harding Avenue, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,696 sq ft
    Lot Size: 7,105 sq ft
    Added: 11/30/20, Last Updated: 11/30/20
    Property Type: Single Family
    MLS Number: P1-2478
    Community: 646 - Pasadena (NE)
    Tract: Not Applicable
    Status: Active


    Just imagine coming home to this charming 3 bedroom, 2 bathroom home in the desirable Presidents' street neighborhood of Pasadena. This home speaks of comfort and warmth from the moment you step through the front door. The more you see, the more you will appreciate. As you walk into the entryway you'll see the spacious living room with crown molding, built-ins and hardwood floors. Off the entryway is a cozy den perfect for watching the game or telecommuting. Cooking or baking is fabulous in this expansive kitchen! It features an abundance of cabinets, quartz countertops space, recessed lighting, a dining area, a farm sink and French doors off the kitchen lead to your picturesque backyard. The large main bedroom is ensuite and features hardwood floors and a door to the fabulous backyard. The backyard will feel like an oasis while sitting under your pergola patio surrounded by greenery. The patio continues and allows for multiple areas of entertaining. Unwind in your jacuzzi spa for 6! Other features include a laundry room with plenty of storage and countertop perfect for folding your clothes, central A/C, newer roof and gutters and many fruit trees! Close to the hiking trails, waterfall at Eaton Canyon and Eateries. Welcome home!

    Listed with Sylvia Vega CalDRE: 01879957, 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, 30 Nov 2020 17:39:00 +0000: $979,000 :: 125 Hurlbut Street #101, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,040 sq ft
    Lot Size: 30,057 sq ft
    Added: 11/18/20, Last Updated: 11/30/20
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-2368
    Community: 647 - Pasadena (SW)
    Tract: Not Applicable
    The price of this listing was last reduced on 11/30/2020 by 2%
    Status: Active


    A sophisticated contemporary West Grove condo complex is located in a quiet street of the south-west Pasadena, close to Old Town and Arlighton garden for a stroll. This newer complex was tastefully designed and built in 2017. The unit 101 is on the ground floor with two private patio spaces, one facing south and the other facing the courtyard. It offers two spacious bedroom suites with a direct access to its own patios, in-suite washer & dryer, an open floor plan from kitchen to living room. This spacious unit is bright with natural lights in every direction and its high-ceiling provides an airy feeling. The unit also has two assigned parking spaces and an extra storage space in a secured subterranean garage. The complex offers a secured gate, a large and open courtyard with BBQ facilities, and a lounging area with a fire pit. This is an idyllic unit for a discerning buyer(s). Must see to appreciate!

    Listed with Eun Sung CalDRE: 01923230, 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, 30 Nov 2020 15:57:00 +0000: $1,880,000 :: 1565 Knollwood Terrace, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    4 beds, 3 baths
    Home size: 3,121 sq ft
    Lot Size: 11,762 sq ft
    Added: 11/30/20, Last Updated: 11/30/20
    Property Type: Single Family
    MLS Number: P1-2475
    Community: 645 - Pasadena (NW)
    Tract: Other
    Status: Active


    Nestled on a cul-de-sac in a quiet neighborhood by the iconic Rose Bowl, this light-filled custom home, built in 2002, features an open floor plan with soaring ceilings, spacious rooms, hardwood floors, three fireplaces, and greenery & city views. Enter through double doors into a marble entry foyer, which opens to a stunning great room with 17' high ceilings, tall windows and a handsome fireplace. A cozy sun room adjoins and makes a perfect den, with access to the tranquil backyard. The chef's kitchen with center island, granite counters, stainless steel appliances, walk-in pantry and a breakfast area, connects to a family room with wet bar and fireplace. A guest bedroom, a full bathroom and a laundry room complete the main floor. Gracing the upstairs are three additional bedrooms and two bathrooms, including a large master suite with fireplace, walk-in closet and a spacious master bath. The front bedroom features French doors to a balcony with city views. Private and tranquil, the rear yard offers a grassy lawn, fruit trees & patios for entertaining and outdoor enjoyment. Additional amenities include a two-car attached garage with storage, dual air conditioning and heating, copper plumbing, and auto sprinkler system. Within close proximity of the Rose Bowl, Aquatics Center, golf courses, Art Center College of Design, museums, Old Town Pasadena shops and restaurants, and easy access to the 210 ,110 and 134 freeways, this is a special place to call home.

    Listed with Carol Chua CalDRE: 00908699, 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/!


  • Mon, 30 Nov 2020 15:57:00 +0000: $875,000 :: 960 Chevron Court, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,698 sq ft
    Lot Size: 9,584 sq ft
    Added: 11/30/20, Last Updated: 11/30/20
    Property Type: Single Family
    MLS Number: P1-2474
    Community: 645 - Pasadena (NW)
    Tract: Not Applicable
    Status: Active


    Come to this quaint Arroyo Windsor well established Pasadena neighborhood setting. Large inviting front porch and shutters add curb appeal. Add your own personal design touch and updating to achieve this homes potential. Use your imagination to make this home your own. Loads of potential in this gem, unlock the treasure! Traditional styling, natural light in living room and family room. Fireplace enhances living room, shutters add style. Family room has windowed slider to backyard. Master bedroom suite includes slider to a tree shaded patio in backyard.Convenient location to Rose Bowl activities, Old Town Pasadena, JPL, downtown LA, Angeles Forest, Brookside Park and Golf Course. Easy access to major freeways.

    Listed with Anita Gray CalDRE: 00871686, 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, 30 Nov 2020 09:57:00 +0000: $2,488,000 :: 575 Elliott Drive, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    4 beds, 3 baths
    Home size: 2,772 sq ft
    Lot Size: 12,197 sq ft
    Added: 11/20/20, Last Updated: 11/30/20
    Property Type: Single Family
    MLS Number: P1-2467
    Community: 648 - Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    This Contemporary Home sits on a Tree-lined Cul-de-Sac in one of the premier neighborhoods of Pasadena called the Oak Knoll district. The home was designed by architect Keith Marston to live in it. Keith was the son of renowned architect Sylvanus Marston who designed some of the greatest homes in the area. This home has 4 bedrooms one currently used for an office, 3 baths, 2 car garage and a bonus room adjacent to the garage. The home's open floor plan as you enter will lead to Living room completed with engineered wooden floor with fireplace overlooking the Tranquil Outdoor patio through numerous sliding glass doors - lots of natural light. Next is the Family Room and Dining area completed with second fireplace, which opens to patio with a sparkling pool and heated spa. The remodeled kitchen with Quartz countertops, all stainless steel Viking appliances, plus an under counter wine cooler.Automatic side gate and plenty of parking on the back Garage area. Conveniently located near the shops on S. Lake ave and Langham hotel.

    Listed with Ady Simion CalDRE: 01897269, 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/!


  • Mon, 30 Nov 2020 09:16:00 +0000: $1,998,888 :: 362 W Green Street #117, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    3 beds, 4 baths
    Home size: 3,042 sq ft
    Lot Size: 0 sq ft
    Added: 11/30/20, Last Updated: 11/30/20
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 20664858
    Community: 647 - Pasadena (SW)
    Tract: Villas & Terraces
    Status: Active


    OVER 50% SOLD! MODELS NOW OPEN. Terraces at The Ambassador Gardens is Set Amidst The More Than A Century Old Historic Ambassador Gardens and Is A Prestigious, Signature Address Right In The Heart Of Old Town Pasadena. Enhanced By Superb Modern Architecture By Renowned Beverly Hills Developer, ETCO Homes. Residents Are Immersed In Dramatic Open-Concept Livability That Encompasses A Collection of New Single-Level Flats & Townhomes of Approximately 2616 to 4430 Square Feet Of Luxury, With No Details Overlooked and The Finest Materials And Craftsmanship Employed. Fine Finishes Such as Caesarstone Countertops Throughout, Hardwood Flooring in Living Areas, Sub Zero and Wolf Appliances and Porcelain Tile Baths.

    Listed with Bree Long CalDRE: 01488287, Etco Homes 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, 29 Nov 2020 15:09:00 +0000: $898,000 :: 1794 Beverly Drive, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,270 sq ft
    Lot Size: 7,188 sq ft
    Added: 11/29/20, Last Updated: 11/29/20
    Property Type: Single Family
    MLS Number: AR20248057
    Community: 646 - Pasadena (NE)
    Status: Active


    This Spanish style character home, located in the heart of north Pasadena, features distinctive period charm paired with tasteful, modern updates. Built in 1924, this lovely 3-bedroom, 2-bathroom home contains laminate floors throughout, along with a spacious living room, separate dining room, and large updated kitchen complete with granite countertops. There is central air and heat, updated duel-paned windows and a newer roof. The generous backyard, complete with multiple fruit trees, is ideal for outdoor enjoyment such as al fresco dining. There is also an unpermitted 400 sqft guest house with a ¾ bath (sellers have plans awaiting approval with the county for an ADU). There is no garage only an unpermitted car port. Don’t miss this perfectly charming house ready for you to call home.

    Listed with Tim Cragoe CalDRE: 01119101, 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, 28 Nov 2020 18:41:00 +0000: $899,000 :: 1693 Atchison Street, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,189 sq ft
    Lot Size: 5,977 sq ft
    Added: 10/20/20, Last Updated: 11/28/20
    Property Type: Single Family
    MLS Number: AR20224272
    Community: 646 - Pasadena (NE)
    The price of this listing was last reduced on 11/28/2020 by 3%
    Status: Active


    2 homes on a lot conveniently located close to shops and restaurants, as well as hiking and biking trails. Well loved property on the market for the first time in over 40 years, located in a wonderful neighborhood with views of the foothills. Numerous fruit trees adorn the front yard and gorgeous rose bushes line the side patio walkway. Enter the main house which has 3 bedrooms and 2 bathrooms from the relaxing porch into a spacious living and dining room. The kitchen offers plenty of storage, ample counter space, and is located directly off the dining room. The light filled master bedroom is spacious and located next to a generously sized bathroom that completes the first floor. Upstairs you will find 2 good sized bedrooms and a bathroom. The detached 1 bedroom with den back house was measured at 780 square feet. It features a nice size living room, kitchen, and bathroom on the main level. The main house was measured at 1400 square feet. There is a newer sewer line from the house to the city connection, both houses have newer roofs, and newer PEX water lines have been installed in the main house. Lots of parking and a fully fenced in yard complete this great property.

    Listed with Sarah Stark CalDRE: 02058832, Berkshire Hathaway HomeService


    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, 28 Nov 2020 17:22:00 +0000: $1,200,000 :: 3664 Grayburn Road, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 2,069 sq ft
    Lot Size: 9,758 sq ft
    Added: 11/28/20, Last Updated: 11/28/20
    Property Type: Single Family
    MLS Number: WS20229946
    Community: 648 - Pasadena (SE)
    Status: Active


    Located in the highly desirable Chapman Woods neighborhood of Pasadena on a beautifully tree-lined street, this wonderful 3 bedroom 2 and 1/2 bath home has been freshly renovated and features a detached converted guesthouse with a large private backyard and BBQ patio area. Travertine floors in the living room and formal dining area. Updated kitchen with granite countertops opens to the family room which has french doors leading to a tiled patio and charming backyard. Plenty of fruit trees including avocado, fig, orange, pomegranate, lemon and apple. Huge master suite with beautiful wood floors, walk-in closet, master bath with spa-like shower and french doors that lead to the backyard. The garage has been converted to a guest quarters with built-in closets, cabinetry and 3/4 bath. Legally, the garage can be permitted as an ADU guesthouse. Conveniently located within a few minutes of Sprouts Supermarket, Whole Foods, Trader Joe's, Ralphs, Starbucks, Bed Bath & Beyond, Best Buy, the 210 freeway, Metrolink Gold Line Stations, President Thai, and dozens of restaurants and shops!

    Listed with WILLIAM TONG CalDRE: 01903501, GOLDEN LAND INV. & FINANCIAL


    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, 28 Nov 2020 16:57:00 +0000: $998,000 :: 1840 Kinneloa Canyon Road, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,807 sq ft
    Lot Size: 41,221 sq ft
    Added: 11/28/20, Last Updated: 11/28/20
    Property Type: Single Family
    MLS Number: AR20247828
    Community: 646 - Pasadena (NE)
    Status: Active


    First time on the market in over 65 years, this Mid-century home is located in the highly-desired Kinneloa Mesa neighborhood of Pasadena, and is a true diamond-in-the-rough. This fixer upper is the perfect house for the buyer looking for a property with tons of potential. Located on a 41,000+ sqft. lot, the property contains 2 bedrooms, 2 bathrooms, and a spacious living room with wood floors and brick fireplace looking out to the backyard. Step into the enormous family room with vaulted open-beamed ceilings, featuring an elevated stage that served as a theater for the original owner who used to perform there as a magician. There is a basement with laundry room and a two-car attached garage. Outside there are spacious grounds with room for a pool. This TRUST sale is sold as-is. Don’t miss this property with lots of possibilities in this coveted location.

    Listed with Tim Cragoe CalDRE: 01119101, 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/!


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