(626) 629-8439

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:

  • Wed, 25 May 2022 15:25:00 +0000: $1,198,000 :: 108 S El Molino Avenue #106, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 2,082 sq ft
    Lot Size: 16,457 sq ft
    Added: 05/25/22, Last Updated: 05/25/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-9697
    Community: Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    This 3 bedroom / 2.5 bath 2-level condo is a jewel located on the palm tree lined streets of the Playhouse District where you'll enjoy an easy, walkable lifestyle with lively shopping, dining, and entertainment options just steps away. As soon as you approach this stunning building you'll feel transported by the iconic Spanish tile roof, wrought-iron accents, terracotta flooring, and vibrant painted ceramic tiles synonymous with Mediterranean style. Inside, the liveliness of a spacious open floor plan and the warmth in the natural tones of the wood floors and travertine fireplace will delight you as you walk beneath elegant arched entryways with high ceilings and into the beautiful kitchen featuring granite counters, stainless appliances, and honey brown cabinets with matching range hood. Sliding glass doors create an airy indoor-outdoor flow when opened to the wide, fenced patio ready for you to turn into your own private retreat. Upstairs, you'll enjoy the continued emphasis on bringing the outdoors and indoors into harmony. The owner's suite boasts a huge walk-in closet with built-ins, spacious ensuite bath, and a romantic wrought-iron Juliet balcony overlooking the lush landscaping of the open air common spaces below. A secondary bedroom offers sliding glass doors to yet another balcony. Additionally, you'll enjoy a 2nd full bath, 3rd bedroom, laundry with full size washer/dryer, and garage access via elevator. Call today and get swept away by this Mediterranean treasure!

    Listed with Evangelyn Lin CalDRE: 01817694 | (626) 807-6581, eXp Realty of California, 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/!


  • Wed, 25 May 2022 15:16:00 +0000: $2,688,000 :: 3231 New York Drive, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    5 beds, 6 baths
    Home size: 3,866 sq ft
    Lot Size: 20,086 sq ft
    Added: 05/13/22, Last Updated: 05/25/22
    Property Type: Single Family
    MLS Number: P1-9516
    Community: Pasadena (NE)
    Tract: Not Applicable
    Status: Active


    Brand New Construction--A rare and striking addition to the canon of Pasadena architecture. Set on nearly half an acre, this 5BD/6BA new build is ideal for entertaining, incorporating cutting-edge design to create a modern, open flow of space within and outside its walls. Arrive on a paver driveway with unique inset stairs to the creative first-level layout. The large, open carport and loggia offer flexible use in recreation, exercise as well as covered parking, with the potential to add a bonus ADU. Off the foyer are a powder room and a bedroom suite, which can easily double as an office. Vast sliding doors vanish the boundary between the main level's open-concept great room, view deck and extensive, flat grassy yard, with additional exterior access directly from the well-proportioned primary suite. The kitchen with eat-in island contrasts rich wood and glossy finishes, reflecting the marriage of modern elements and natural beauty throughout the property. The primary suite bath is a decadent, marble-clad oasis joined by a custom dressing room closet and tranquil hill views through a big picture window. A junior bedroom suite, powder bath and well-placed laundry complete the main level. The uppermost level creates an unmatched indoor-outdoor living space, connecting two bedrooms, a full bath and a sitting area to the expansive roof-deck terrace with treetop and mountain views that stretch for miles. Every level of this home captures light, views and an effortless flow through a thoughtful entertainer's floor plan. All in close proximity to Gerrish Tennis and Swim Club and Eaton Canyon Golf Course, within minutes of freeways, downtown Pasadena, local landmarks and miles of trails in the hills. A very rare and special opportunity.

    Listed with Timothy Durkovic CalDRE: 01923778 | (310) 738-8098, Douglas Elliman of California, 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/!


  • Wed, 25 May 2022 12:24:00 +0000: $939,950 :: 140 S Allen Avenue, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    2 beds, 1 bath
    Home size: 1,032 sq ft
    Lot Size: 6,047 sq ft
    Added: 05/25/22, Last Updated: 05/25/22
    Property Type: Single Family
    MLS Number: AR22111253
    Community: Pasadena (SE)
    Status: Active


    Darling vintage home featuring a living room with a decorative fireplace and coved ceilings, a formal dining room with French doors opening to a deck and a kitchen with a breakfast nook. The yard is spacious and offers a deck ideal for dining or lounging with a mature avocado tree overhead. Other amenities include central air and heat, laminate flooring, a laundry room and two car garage. Plenty of room for expansion.

    Listed with Espi Bagwell CalDRE: 01168881 | 626-204-3300, 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/!


  • Wed, 25 May 2022 09:45:00 +0000: $2,948,000 :: 196 S Orange Grove Boulevard #204, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    3 beds, 4 baths
    Home size: 3,294 sq ft
    Lot Size: 68,734 sq ft
    Added: 05/25/22, Last Updated: 05/25/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-9694
    Community: Pasadena (SW)
    Tract: Not Applicable
    Status: Active


    This stunning contemporary Spanish condominium at the prestigious Ambassador Gardens is absolute perfection. Convenient to highways, restaurants and entertainment, this luxurious and bespoke home is bathed in light, with stunning views to the east over gardens and treetops. The scale and grandeur of this home is magnificent. Top of the line quality and detail, sprawling on a single level, and secured by a key-controlled elevator with direct access to a private 4-car garage with Tesla charger, the interior features an elegant entry hall that leads to the formal living room. An expansive ''grand room'' with a glorious cook's kitchen, dining and entertaining area and an exquisite library with bright and lush surroundings complete the public spaces. The custom cabinetry throughout is not only gorgeous, it provides hidden access for electronics, including a brand new, full Lutron lighting system. The primary suite with its private balcony offers a true retreat, and the ensuite, spa-like bath and large walk-in closet complete the East Wing of the home. On the West Wing are two additional bedroom suites, with one currently set up as an office/den, the powder room and generously sized laundry room. Surrounded by enchanting gardens, a large, heated pool, as well as security and patrol, this is a rare opportunity to own the best of the best.

    Listed with Timothy Durkovic CalDRE: 01923778 | (310) 738-8098, Douglas Elliman of California, 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/!


  • Wed, 25 May 2022 04:03:00 +0000: $1,650,000 :: 3597 Yorkshire Road, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 2,096 sq ft
    Lot Size: 10,207 sq ft
    Added: 05/25/22, Last Updated: 05/25/22
    Property Type: Single Family
    MLS Number: P1-9691
    Community: Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    Located in the prestigious 'Chapman Woods' neighborhood of Pasadena. This home has been lovingly maintained through the years. Brick front porch is large and elevated from the street with a very mature Oak Tree offering a plethora of shade for front porch gatherings. The formal entrance is both welcoming and highly desirable. Stately formal living room includes fireplace, crown molding and two French doors for backyard access. Opposite of the Living Room is the Formal Dining Room with original built-ins and views of the front yard. Family Room is ideal for 'hanging out', TV watching and has floor to ceiling walls of bookshelves and storage. Remodeled Kitchen offers many amenities with an open concept into the Family Room. Each of the 3 bedrooms are unique and functional including a master suite with huge shower, charming vanity and remodeled with quality materials. Another highlight is the gleaming hardwood floors throughout the home. Spacious backyard is ideal for entertaining, summer grilling or a game of bocce ball. The extensive covered back porch has views of the lushly landscaped yard and fruit trees. Afternoon strolling is popular on this gorgeous tree lined street located in Northeast Pasadena. This truly is an exceptional home.

    Listed with Michele Downing CalDRE: 01046965 | (626) 523-6939, 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/!


  • Wed, 25 May 2022 03:27:00 +0000: $998,000 :: 930 N El Molino Avenue, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,330 sq ft
    Lot Size: 7,406 sq ft
    Added: 04/18/22, Last Updated: 05/25/22
    Property Type: Single Family
    MLS Number: 320010049
    Community: Pasadena (NE)
    Tract: Not Applicable-105
    Status: Active


    Welcome home to this refreshing blend of historic and modern Pasadena style. This fully remodeled home boasts three bedrooms, two bathrooms, and plenty of storage space on a nearly 8,000 square foot lot. This quiet neighborhood is a mixture of traditional, Craftsman, Spanish-style, Tudor, and English Cottage homes built between 1910 and 1940. The Washington Square Landmark District was given its historical designation in 2003 which protected the area from over development and made all homeowners eligible for tax credits for maintaining their historical properties. Located just two blocks north, you can visit the 5.22 acre Washington Park which features native California tree and plant life as well as picnic areas, a playground, basketball, tennis and handball courts, and a baseball field. Also enjoy the economical convenience of the Lake Station LA metro station located only one mile to the south. Walking up the pathway through the eco-friendly landscape, you will be greeted by an elegant kitchen and family room full of natural light and entertainment space. Enjoy the fully remodeled open floor plan equipped with smart appliances including a touch-control kitchen sink, built-in wine cooler, smart stove, and Nest thermostat. The kitchen features laminate flooring, recess lighting, quartz counter tops, and top-of-the line appliances. Down the central hallway, you will find two bedrooms and an elegantly tiled bathroom equipped with an exhaust fan. Reaching the end of the hallway you will find the walk-in closet, master bathroom, and master bedroom, as well as two additional closets. The master bathroom comes with a double vanity dressed with wooden drawers, modern lighting fixtures and a beautifully tiled walk-in shower. French doors light up the master bedroom and lead out into a spacious backyard where you will find a huge beautiful elm tree which provides privacy and shade as well as the two-car garage with ADU conversion potential. Additionally, the lot features a 70 foot driveway and new landscaping. Other items of note include new central air conditioning, central heating, electrical, and plumbing.

    Listed with Blake Avila CalDRE: 02136253 | 626-825-4847, Las Casas 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/!


  • Tue, 24 May 2022 21:35:00 +0000: $789,000 :: 1448 N Fair Oaks Avenue #108, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,900 sq ft
    Lot Size: 27,034 sq ft
    Added: 04/17/22, Last Updated: 05/24/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: WS22076841
    Community: Pasadena (NW)
    Status: Active


    Gated community -Fair Oaks Gardens is a magnificent complex of new Craftsman style townhouses. Enter through a wooden doors into inviting units with bright and open floor plans. The ground level property has gourmet kitchens feature granite countertop, custom wood cabinetry, stainless appliances, and recessed lighting. Newly renovated downstair bathroom have granite countertops and elegant cabinetry. New painted spacious living rooms with French doors lead to the front porch. There is also central air conditioning, large master suite upstairs w/ large walk-in closet, interior washer/dryer hookups, and two car garage. The home is conveniently located close to Old Town Pasadena, restaurants, shopping, gym, and the 210 & 134 Fwy.

    Listed with ANNE LUONG CalDRE: 01747782 | 626-888-9808, Pinnacle Real Estate Group


    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, 24 May 2022 20:23:00 +0000: $634,900 :: 430 N Holliston Avenue #214, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 952 sq ft
    Lot Size: 30,061 sq ft
    Added: 05/24/22, Last Updated: 05/24/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: PW22110000
    Community: Pasadena (NE)
    Status: Active


    Welcome to the Best Priced Condo in the Heart of Pasadena, this 2 Bed 2 Bath Corner Unit Condo has been recently Remodeled with Quartz Countertops, New Flooring, Sink, Faucets, RangeHood, Garbage Disposal and Lighting in Kitchen, Quartz Countertops, Flooring and Lighting in Bathrooms, All with a Fresh Coat of New Paint. There is an Abundance of Natural Light with Sliding Glass Doors opened to a Spacious Balcony. Building is secure with Key Fob entrance and access to Laundry and Pool Area. Underground Gated Parking with two Side by Side Assigned parking spaces. HOA covers Water, Trash, Pool, Landscaping and EQ Insurance. The Complex is close to everything Pasadena has to offer: Rose Bowl, plenty of Restaurants and Shops at Paseo Colorado and South Lake St. Easy Freeway Access and Minutes from Metro Gold Line, Old Town Pasadena, Huntington Library and Gardens, CalTech and Pasadena City College. Take a drive by and call for appointment details. (photos are prior to Occupant, newly remodeled photos coming soon)

    Listed with Michael Cherry CalDRE: 01208905 | 714-363-3888, Lifetime 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/!


  • Tue, 24 May 2022 19:24:00 +0000: $1,074,000 :: 99 N Wilson Avenue, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    2 beds, 3 baths
    Home size: 1,800 sq ft
    Lot Size: 9,048 sq ft
    Added: 05/18/22, Last Updated: 05/24/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-9597
    Community: Pasadena (SE)
    Tract: Not Applicable
    Status: Conditional


    Modern Luxury Townhome in Pasadena! This beautiful townhome has a great open floor plan, 20 foot high ceilings and lots of natural light. There are two large bedroom suites both with walk in closets, an additional office/loft space as well as a great roof top deck to enjoy views of Pasadena and our great weather. This home has high end European details in the kitchen and bathrooms, solar panels, a private two car garage with great storage and a private patio. Close to Caltech, South Lake and Old Town this home is ready for you to move in and enjoy!

    Listed with Amy Engler CalDRE: 01413993 | (323) 481-8782, 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, 24 May 2022 19:16:00 +0000: $2,995,000 :: 656 Elliott Drive, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 3,016 sq ft
    Lot Size: 7,353 sq ft
    Added: 05/24/22, Last Updated: 05/24/22
    Property Type: Single Family
    MLS Number: P1-9686
    Community: Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    Built in 1923 this beautiful Mediterranean style home is located in Pasadena's coveted Oak Knoll District. The elegant facade of this home opens, through rustic wooden doors, to a romantic walled courtyard with a fireplace and fountain. Upon entering the home, original old world details such as the black and white marble floor, the rich walnut wainscotting, massive door surrounds and moldings speak to the quality and craftsmanship of a bygone era. The sophisticated living room features four sets of french doors, a fireplace, high ceilings and a large floor to ceiling window. The dining room also enjoys a set of french doors out to the front courtyard creating excellent flow for entertaining. Off of the dining room there is a gorgeous sun room with floor to ceiling windows and doors with graceful detailing in the decorative window pane design. The updated kitchen features Viking and SubZero appliances, crisp subway tile and white shaker cabinetry. On the second floor there are three large bedrooms. The primary suite features an oversized walk in closet, a beautiful fireplace and a main bath with a large soaking tub. The two additional bedrooms each feature enclosed sleeping porches creating very spacious bedrooms. These two rooms share an updated full bath off of the hallway. Outside, a wood pergola is adorned with chandeliers adding a touch of glamor to the pool area. This lovely home is a beautiful combination of original detailing coupled with tasteful updates.

    Listed with Ted Clark CalDRE: 01074290 | (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/!


Related Posts with Thumbnails

Other Local Properties