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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:

  • Wed, 20 Sep 2017 06:28:00 +0000: $998,890 :: 2428 Del Mar Boulevard #109, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    2 beds, 7 baths
    Home size: 1,805 sq ft
    Lot Size: 15,681 sq ft
    Added: 09/20/17, Last Updated: 09/20/17
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 817001947
    Community: 648 - Pasadena (SE)
    Tract: Not Applicable - 1007242
    Status: Active


    Cloud 109 at Del Mar Gardens -New construction - modern architecture, open floor plan, walls of glass and abundance of natural light all designed for a low maintenance lifestyle in a sophisticated and elegant setting.

    Listed with Podley 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/!


  • Wed, 20 Sep 2017 06:28:00 +0000: $512,890 :: 2428 Del Mar Boulevard #103, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    1 bed, 1 bath
    Home size: 752 sq ft
    Lot Size: 15,681 sq ft
    Added: 09/20/17, Last Updated: 09/20/17
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 817001948
    Community: 648 - Pasadena (SE)
    Tract: Not Applicable - 1007242
    Status: Active


    Welcome to Del Mar Gardens, Pasadena's newest collection of 17 contemporary condominiums to call home. Its unique architectural style features clean, modern designs, understated sophistication, abundance of natural light and open floor plans to enjoy a low maintenance lifestyle. Its exterior space offers a minimalist garden courtyard that is interlaced with lounge seating areas and features an outdoor fireplace to cozy up to. Its neighborhood is situated within close proximity to the best that Pasadena has to offer. Let the fun begin with exploring Victory Park, Eaton Canyon Park, The Huntington Library, The Arboretum, one of L.A.'s best Farmer's markets and over 500 restaurants. Where you begin and end each day matters! - Del Mar Gardens.

    Listed with Podley 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/!


  • Wed, 20 Sep 2017 03:23:00 +0000: $435,000 :: 279 Glenarm Street #5, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    1 bed, 1 bath
    Home size: 716 sq ft
    Lot Size: 22,651 sq ft
    Added: 09/19/17, Last Updated: 09/20/17
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 817001946
    Community: 648 - Pasadena (SE)
    Tract: Not Applicable - 1007242
    Status: Active


    Beautiful townhouse located in the highly sought-after Madison Heights area of Pasadena! Nestled in a historic, tranquil, tree-lined area, this lovingly maintained 1 bedroom, 1 bathroom unit features plush carpeting, treated windows providing UV protection and heat reduction, and plantation shutters throughout. On the main floor, find the open and inviting living/dining area and a functional kitchen with updated granite counter-tops, updated cabinetry, stainless steel appliances, and large skylights offering plentiful natural light. Upstairs, find the spacious loft-style bedroom with a walk-in closet, spacious bathroom boasting an elegant vanity with travertine counter-top and a large shower tub. An attached garage has in-unit laundry hookups and conveniently provides direct access to

    Listed with 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, 20 Sep 2017 03:23:00 +0000: $1,599,000 :: 1771 Devon Road, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 1,942 sq ft
    Lot Size: 21,780 sq ft
    Added: 09/19/17, Last Updated: 09/20/17
    Property Type: Single Family
    MLS Number: 817001943
    Community: 645 - Pasadena (NW)
    Tract: Inside CA
    Status: Active


    Views, Views, views! This architectural residence is a crown jewel, atop the hills of Linda Vista, with sweeping views of the Rose Bowl, the city lights of downtown, the arroyo and Brookside Golf Course. Truly one of the most amazingly sited homes in Pasadena. The stunning Mid-Century has been reimagined with elegant finishes and high-end appointments throughout. This three bedroom, three bath home, with pool, gives you the feeling that you have stepped into a private retreat. You enter from a gated, Zen-like courtyard, with a trickling pond and waterfall, that allow the stresses of everyday life to slip away. You are then welcomed into the light-filled, open floor plan with an adjoining living and dining area that features expansive wall-to-wall windows which frame (see more...)

    Listed with Podley 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/!


  • Wed, 20 Sep 2017 00:00:00 +0000: $1,598,000 :: 3277 New York Drive, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    4 beds, 3 baths
    Home size: 2,565 sq ft
    Lot Size: 20,037 sq ft
    Added: 09/19/17, Last Updated: 09/20/17
    Property Type: Single Family
    MLS Number: TR17212807
    Community: 646 - Pasadena (NE)
    Status: Active


    Luxurious contemporary modern home built in 2011, tucked hillside, offers panoramic city lights and mountain views and privacy. This home is located on a private drive and street just north of New York Dr. Bright and airy open floor plan. The modern kitchen features Scavolini Cabinets, Ceaserstone countertops, Professional Bosch-Dishwasher/Range hood, Bertazzoni-Italia 5 burner master series range, oven and stainless sink in an island. The living room and dining area overlooking the city lights view. The second floor has 3 bedrooms, laundry room and one bathroom. Spacious master suite which consists of sitting area, walk in closet, high ceilings and balcony with amazing view. New remolded master bathroom with new modern bath tub and cabinet, double sinks, and floor, separate shower. Recessed lighting. Wood floor throughout except 3 single bedrooms. Security alarm system with video monitor. Beautiful landscape. Central Air condition and heating system. Private security gate. Attached two car garage.

    Listed with ReMax 2000 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/!


  • Tue, 19 Sep 2017 23:30:00 +0000: $699,000 :: 111 DE LACEY Avenue #412, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,100 sq ft
    Lot Size: 23,522 sq ft
    Added: 09/19/17, Last Updated: 09/19/17
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 17270690
    Community: 647 - Pasadena (SW)
    Status: Active


    Unique TOP FLOOR, NW CORNER unit with ONE COMMON WALL in the heart of highly sought after Old Pasadena. Private and serene, this stylish and sophisticated 2 bed/2 bath condo has a light and bright open concept floor plan and shows like a model. The oversized great room has wide planked hardwood floors, a gas fireplace and a large balcony with views to tree lined W. Green Street. Dramatic 14' floor to ceiling windows and stunning tree top views feature in the master suite with a walk-in closet and a luxurious bathroom with double sinks. The 2nd bedroom is staged as an office. Stainless steel appliances granite counter tops and dark wood cabinets feature in the cook's kitchen. There are 2 side by side private parking spaces and extra storage in the gated subterranean garage of this 'controlled access entry' building. Enjoy walking to the incredible eateries, parks, shopping, transportation and all that Old Pasadena has to offer.Truly a gem and a wonderful opportunity.Welcome home!

    Listed with Keller Williams Realty Los Fel


    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, 19 Sep 2017 21:27:00 +0000: $6,630,000 :: 1199 Chateau Road, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    8 beds, 9 baths
    Home size: 9,861 sq ft
    Lot Size: 112,384 sq ft
    Added: 06/03/16, Last Updated: 09/19/17
    Property Type: Single Family
    MLS Number: 316005182
    Community: 645 - Pasadena (NW)
    Tract: Not Applicable - 1007242
    Status: Active


    Gated French Chateau inspired estate nestled in a setting with commanding views of the Arroyo Seco, Annandale Golf Course and downtown Los Angeles. This stunning property was designed by noted architects Marston & Maybury and built concurrently with the same materials and craftsmen as the famed St Andrews Church in Pasadena. Filled with timeless architectural details including imported Italian marble, rich woods, ornate plaster details and crystal chandeliers, all built with Old World craftsmanship unparalleled in today's construction. Enjoy gracious living in a warm and welcoming home featuring a thoughtful floor plan with spacious rooms appropriate for formal events and daily family life. Over two and half acres of vast lawns, flagstone terraces, spacious gardens and a stone BBQ house pr

    Listed with Coldwell Banker Residental Brokerage


    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, 19 Sep 2017 17:54:00 +0000: $735,000 :: 329 S ORANGE GROVE Boulevard, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,507 sq ft
    Lot Size: 67,518 sq ft
    Added: 09/19/17, Last Updated: 09/19/17
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 17271352
    Community: 647 - Pasadena (SW)
    Status: Active


    Stylish 2BR/2BA condo in this sought-after Mid-Century complex. Adjacent to the historic Wrigley Mansion (the Tournament House) and recently designated as an Architectural Landmark. On the ground floor, the unit sits in a beautifully maintained garden setting and has its own address with direct access to the street. Entry foyer leads to a generous living room with built-ins, parquet floors, grand limestone-faced fireplace and opens to a formal dining alcove and enclosed patio. The kitchen was remodeled with white cabinetry, black granite counter tops, stainless appliances and a breakfast nook with window-seat. The large master suite has built-ins, full bath and laundry area. Wood floors, recessed lighting and plantation shutters accent the entire unit. Front windows on the boulevard side of the unit are dual-paned. The beautiful private pool area has a sundeck, BBQ area and changing rooms. Close to museums, shopping and Old Town.

    Listed with 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/!


  • Tue, 19 Sep 2017 16:46:00 +0000: $600,000 :: 1915 Navarro Avenue, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    3 beds, 1 bath
    Home size: 1,218 sq ft
    Lot Size: 7,405 sq ft
    Added: 08/18/17, Last Updated: 09/19/17
    Property Type: Single Family
    MLS Number: RS17192392
    Community: 645 - Pasadena (NW)
    The price of this listing was last increased on 9/19/2017 by 8%
    Status: Active


    Property is a perfect size for a nice family. Huge backyard for entertaining. Plenty of parking.

    Listed with Juan Romero Broker


    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, 19 Sep 2017 16:00:00 +0000: $359,000 :: 1015 michillinda Avenue #110, Pasadena CA, 91107 - Pasadena Home Search
    1 bed, 1 bath
    Home size: 818 sq ft
    Lot Size: 2,178 sq ft
    Added: 09/19/17, Last Updated: 09/19/17
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 817001940
    Community: 646 - Pasadena (NE)
    Tract: Other
    Status: Active


    This is a wonderful i br,1 ba condo in a good area. The water, trash and sewer are paid for. The 1 bedroom can can be converted into a 2 bedroom easily because there is a large closet in the living room that can be a bedroom when divided fromthe living room

    Listed with Dilbeck 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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