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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, 02 Oct 2023 14:52:00 +0000: $1,488,000 :: 214 S San Marino Avenue, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,830 sq ft
    Lot Size: 5,999 sq ft
    Added: 07/23/23, Last Updated: 10/02/23
    Property Type: Single Family
    MLS Number: P1-14481
    Community: Pasadena (SE)
    Status: Active


    Welcome to the Caltech neighborhood of Pasadena, where this delightful two-story Craftsman-style home awaits. Updated to combine charm with modern amenities, this residence offers a stylish and comfortable living experience. As you step inside, you'll be greeted by an abundance of natural light that gracefully filters through the newer windows, illuminating multiple corners of the property. The charming living room and dining area flow seamlessly into the updated kitchen, featuring a sliding barn door, beautiful countertops, wood floors, ample cabinetry, and newer built-in appliances including a dishwasher, microwave, refrigerator, and gas range.The laundry area located in the kitchen, complete with additional countertops and cabinetry leads to the back garden featuring a spacious covered patio and shaded area that invite year-round outdoor enjoyment.The first floor boasts two generously sized bedrooms and a large full bathroom. Ascend to the second floor and be captivated by the expansive and private primary suite, offering mountain views, a full bathroom, a large closet with dresser drawers, and a versatile loft area that can serve as a convenient home office.This wonderful property is packed with features designed to enhance your lifestyle. Enjoy the comfort of dual-zone air conditioning, and take advantage of the detached two-car garage with high ceilings, which may present the potential for an ADU conversion.The home has undergone numerous upgrades from 2013 to 2018, including an updated kitchen with granite countertops, new range/microwave/dishwasher, and partial copper plumbing & new garage doors. From 2018 to 2023, the property has been further upgraded with a seismic retrofit, new washing machine, new front door with electronic door locks, Ring cameras, whole house fans (upstairs and downstairs), rewiring of the older section, removal of all knob and tube wiring, new insulation for downstairs walls/attic, new Anlin windows and screens, window shades, a tankless water heater, new refrigerator, fresh interior paint in July 2023, brand new roof on the garage and 2nd floor was installed in August 2023, a new American Standard heat pump, air handler, ducts have been installed & the landscaping in the front & back yards was newly enhanced. The house's measured approx. 1695 Sq.Ft. Tax record shows 1830 Sq. ft. Buyers to investigate all the aspects to verify & satisfy themselves.

    Listed with Noushine Rostamian CalDRE: 01066426 | (626) 536-3999, 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, 02 Oct 2023 14:47:00 +0000: $1,324,999 :: 1207 N Wilson Avenue, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,282 sq ft
    Lot Size: 7,297 sq ft
    Added: 05/04/23, Last Updated: 10/02/23
    Property Type: Single Family
    MLS Number: TR23062068
    Community: Pasadena (NE)
    The price of this listing was last increased on 10/2/2023 by 8%
    Status: Active


    Renovated 1913, Craftsman home in the quiet , close-knit neighborhood of historic homes, in the Landmark District of Bungalow Heaven. Enjoy the comfort of the shade provided by the mature oak trees surrounding the property. This amazing home has been renovated with close attention to preserving the original beauty of the home. This two-story home has a total of 3 bedrooms 1 & 1/2 baths. There are two bedrooms downstairs and one bedroom upstairs. With a detached 2 car garage w/ ADU potential. The kitchen has new white shaker cabinets, a butcher block countertops, and tile backsplash. There are also new stainless steel appliances, a pot filler over the stove, and a beautiful bay window.As you walk into this home, you’ll notice the new flooring throughout , original crown molding, New Baseboards, and a stunning brick fireplace. There’s all new lighting fixtures, including LED Recessed lights, and ceiling fans in the bedrooms. The 2 bathrooms have been remodeled, with new vanity’s, new lighting fixtures, and new tile flooring. The large bathroom has new tile walls, a rain shower and handheld system, and a new custom shower glass. Home was restored in and out and has new exterior and Interior paint and has a Brand New Roof. The Backyard has a beautiful wood deck and has a new fence that provides lots of privacy.Note: Mini-Split system to be installed before the close of escrow and existing a/c units will be removed.

    Listed with Karla Zapata CalDRE: 02076099 | 909-949-0605, Re/Max Champions


    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, 02 Oct 2023 14:47:00 +0000: $3,199,000 :: 1100 Hermosa Road, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    5 beds, 5 baths
    Home size: 4,636 sq ft
    Lot Size: 18,178 sq ft
    Added: 09/18/23, Last Updated: 10/02/23
    Property Type: Single Family
    MLS Number: P1-15112
    Community: Pasadena (NW)
    Status: Conditional


    This sunny and bright treasure is located in the highly coveted South San Rafael neighborhood. Behind a historic brick wall and automatic gate, the grassy front lawn and gardens welcome you to this special retreat. The gorgeous traditional home was renovated in 2010 to enhance the public and entertaining areas with an impressively large living room and formal dining room. The home is centered around a gorgeous private courtyard featuring a swimming pool and spa and a massive pool house with vaulted ceilings, fireplace, bathroom and laundry area. Ideal for intimate living or grand scale entertaining, this property features beautiful light and gardens, ample square footage, hardwood floors, three fireplaces, and a fantastic location.

    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/!


  • Mon, 02 Oct 2023 13:53:00 +0000: $1,300,000 :: 1285 N Mentor Avenue, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,363 sq ft
    Lot Size: 8,534 sq ft
    Added: 10/02/23, Last Updated: 10/02/23
    Property Type: Single Family
    MLS Number: AR23183541
    Community: Pasadena (NE)
    Status: Active


    Welcome to this exquisite craftsman located in the highly sought-after Bungalow Heaven, making its debut on the market after 30 years. A charming front porch welcomes you, boasting breathtaking mountain views. The attention to detail echoes throughout the property, meticulously cared for over the years. The home's open and airy floor plan features wood beam ceilings, crown moldings, wainscoting, a stunning brick fireplace, and gleaming hardwood floors. The kitchen boasts granite countertops, offering ample space for cooking and entertaining. The generous-sized bedrooms provide comfort, including a master suite that was newly rebuilt in 2015. Upgrades to include new water supply and drain line with instant hot water and recalculating pump. The electrical systems were upgraded and new energy-efficient windows were put in the master suite. The backyard offers an expansive space for relaxation and entertainment, complete with a large deck, perfect for alfresco dining, and enough room to build an additional ADU. This exceptional property is move-in ready and eagerly awaits its new owner – schedule a showing today!

    Listed with Linda Lam CalDRE: 01706282 | 626-445-5500, 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, 02 Oct 2023 13:38:00 +0000: $1,498,000 :: 3875 Cartwright Street, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    4 beds, 3 baths
    Home size: 1,733 sq ft
    Lot Size: 7,641 sq ft
    Added: 10/01/23, Last Updated: 10/02/23
    Property Type: Single Family
    MLS Number: P1-15263
    Community: Pasadena (NE)
    Status: Active


    Welcome to this stunning remodeled home in the highly coveted Hastings Ranch area of Pasadena.Meticulously renovated in 2019, this property offers a perfect blend of modern elegance and comfortable living.With 4 bedrooms and 3 bathrooms, this home is spacious and comfortable. Key features:Open concept living: The open floor plan seamlessly connects the living, family room, dinning, and kitchen areas, making it an ideal space for gatherings and entertaining.Gourmet Kitchen: The kitchen boasts a gorgeous island, state of the art stainless steel appliances, and stunning quartz countertops, making it a chef's dream come true.Out door Oasis: The backyard and discover an entertainer's paradise with a large recently expanded deck, fruit tree grove (Olive, Apple, Lemon, Orange, and Avocado) and ample space for RV parking, perfect for hosting guests.Convenience: Enjoy the convenience of a spacious two- car garage with direct access to the home and a remodeled separate laundry room. Modern Upgrades: This home features central air/heating, a tankless water heater, upgraded electrical, and copper plumbing. Additionally smart home features are installed throughout the home(security, camera, thermostat).Award Winning Landscaping: Winner of the Hastings Ranch holiday light show, this beautiful remodeled landscaping adds to the curb appeal.Location Highlights:Close to multiple award winning private(La Salle, Alverno, High Point Academy and Highly rated Don Benito school is nearby.Recreation: Hamilton Park is perfect for outdoor activities and leisure and enjoy easy access to excellent shopping options, and freeway/Metro access is just minutes away.Don't miss the opportunity to call this beautiful home yours, it is the perfect blend of modern living and timeless charm.

    Listed with Rene Dolan CalDRE: 01977159 | (626) 705-7769, 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, 02 Oct 2023 13:15:00 +0000: $4,180,000 :: 332 W Green Street #410, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    3 beds, 5 baths
    Home size: 4,500 sq ft
    Lot Size: 42,358 sq ft
    Added: 08/31/23, Last Updated: 10/02/23
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 23305927
    Community: Pasadena (SW)
    Status: Active


    The largest penthouse available in Pasadena at the esteemed Terraces at the Ambassador Gardens. Located a few blocks from historic Old Pasadena, this 4,500 sqft. 4th floor corner penthouse offers views of nearby parks and the striking Ambassador Auditorium grounds from a private modern oasis quietly tucked away from the street. A double height entry area creates a theme of light filled space that continues throughout the home. Gorgeous wood flooring warms an open, modern design featuring high ceilings and floor to ceiling windows throughout all public spaces. Sunlight is managed through newly installed automated shades in all rooms and blackout drapery in all bedrooms. An enormous rectilinear kitchen design offers the finest appliances and finishes along with walk-in pantry and a massive island perfect for the master chef or entertainer. An open living space looks out to the nearby grounds and spacious decking that offers the perfect setting for outside dining and entertaining. All 3 bedrooms are ideally laid out on a single floor, ensuite with generous walk-in closets. The huge master suite has its own private balcony, a spacious bath with double vanity, stand alone tub and walk-in shower. The suite's enormous walk-in closet has a new custom built island perfect for laying out wardrobe choices. Upstairs, a 2nd floor loft serves as a fantastic space for entertaining or calming retreat with bi-fold doors that open out to one of the largest outdoor decks available with heightened views taking in the surrounding park, tree tops and nearby mountains. HOA services include a grand outdoor swimming pool and a convenient onsite concierge with services. Ideally located across the street from a gourmet cafe, yoga studio and hi-end grocer. Minutes from the shops and restaurants in Old Pasadena, the Norton Simon Museum, Arroyo Aquatic Center, and much more. An exceptional residence in Pasadena's best location.

    Listed with Eric Purcell Lofthus CalDRE: 01753983 | 310-980-3742, Westside Estate Agency 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/!


  • Mon, 02 Oct 2023 12:03:00 +0000: $2,200,000 :: 392 S Greenwood Avenue, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 2,310 sq ft
    Lot Size: 7,519 sq ft
    Added: 09/01/23, Last Updated: 10/02/23
    Property Type: Single Family
    MLS Number: P1-14916
    Community: Pasadena (SE)
    The price of this listing was last reduced on 10/2/2023 by 6%
    Status: Active


    Experience the epitome of luxurious single-level living in this captivating Spanish abode nestled within Pasadena's esteemed Caltech Rose Villa neighborhood. Radiating with timeless charm, this updated home boasts generously proportioned rooms that cater to the most discerning of tastes. Step through the formal entryway and be embraced by the grandeur of the living room, graced by 12 ft. coved ceilings, an inviting fireplace, and dual pane storybook windows that infuse elegance and light. The expansive dining room, adorned with original built-ins, double arches, and French doors, effortlessly flows to the front patio, offering an extension for your gatherings. The remodeled well-appointed kitchen is adorned with quartz counters, a farm sink, premium stainless-steel appliances including a 5-burner gas range and dishwasher, complemented by a charming breakfast nook and an adjacent laundry room for added convenience. With three ample bedrooms, including a primary suite with an updated bathroom featuring a double vanity and spacious shower, as well as a walk-in closet, this home offers comfort and functionality. Two additional bedrooms share an updated bathroom with double sinks and a tub-shower combination. The backyard, enclosed by tall hedges and shade trees, offers a private sanctuary, complete with a covered patio perfect for outdoor dining. Lastly, a permitted ADU (perfect for a home office or in-law suite) was just completed with its own separate address harmoniously integrating with the residence's style and architecture. This property epitomizes the quintessential California lifestyle - a harmonious blend of brightness, airiness, and understated elegance that captures the essence of home.

    Listed with Yennis Wong CalDRE: 01344042 | (626) 316-3318, 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/!


  • Mon, 02 Oct 2023 11:29:00 +0000: $2,875,000 :: 235 N Grand Avenue, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 2,620 sq ft
    Lot Size: 20,761 sq ft
    Added: 07/23/23, Last Updated: 10/02/23
    Property Type: Single Family
    MLS Number: P1-14485
    Community: Pasadena (NW)
    The price of this listing was last reduced on 8/22/2023 by 4%
    Status: Conditional


    A rare opportunity awaits the lucky buyer of this Greene and Greene designed home that was originally a 2 story craftsman. In the 1950's the second story was removed and a Smith and Williams designed post and beam addition was done. Newer HVAC and ductwork. Phenomenal views overlooking Brookside Park and the Rose Bowl. One of a kind Awe inspiring home and setting. Seeing is believing !

    Listed with Mark Ogden CalDRE: 00609984 | (626) 229-0909, Sotheby's International 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/!


  • Mon, 02 Oct 2023 09:21:00 +0000: $1,599,000 :: 805 Earlham Street, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    6 beds, 4 baths
    Home size: 1,988 sq ft
    Lot Size: 10,085 sq ft
    Added: 10/01/23, Last Updated: 10/02/23
    Property Type: Single Family
    MLS Number: PW23183092
    Community: Pasadena (NE)
    Status: Active


    TWO HOMES IN ONE HUGE LOT TOTALLY REHAB IN EXCELLENT NEIGHBORHOOD: FRONT HOUSE IS 4 BEDROOMS, 2 BATHS, BACK HOUSE IS 2 BEDROOMS, 2 BATHS. EACH HOUSE GOT THEIR OWN ELECTRIC, GAS METTER, BRAND NEW PLUMBING, ELECTRICAL SYSTEM, NEW DOUBLE PANE WINDOWS, NEW DOORS, NEW INTERIOR AND EXTERIOR PAINT, RECESSED LIGHT, NEW VINYL FLOOR, NEW SHOWERS WITH SLIDING DOORS, NEW KITCHEN CABINETS AND QUARTZ COUNTER TOPS, MINI SPLIT AIR CONDITIONS WITH REMOTE CONTROLS. THEY ARE LOCATED CLOSE TO OLD TOWN PASADENA, ROSE BOWL STADIUM, CAL-TECH AND SO CONVENIENCE ACCESS TO 210 FREEWAY. HURRY, IT WON'T LAST !

    Listed with Jenny Dang CalDRE: 01438974 | 909-845-6789, Vui 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/!


  • Mon, 02 Oct 2023 08:26:00 +0000: $1,680,000 :: 39 Los Robles Avenue S #4020, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,639 sq ft
    Lot Size: 46,174 sq ft
    Added: 10/01/23, Last Updated: 10/02/23
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: SB23183263
    Community: Pasadena (SW)
    Status: Active


    Brand new luxury unit in the highly sought after Domaine 39 Pasadena, on the corner of Colorado & Los Robles. One of the most comfortable and spacious units in this brand-new condo community. The spacious living room features large bay windows, open concept contemporary kitchen has a island and plenty of cabinets and closets for storage. The primary bedroom with en-suite bathroom features a walk-in shower and a separate bathtub; the guest room also comes with a walk-in shower as well as built-in closet. The living room and the outdoor balcony is adorned with the view of the City Hall Dome. Situated right next to a shopping center, it is within walking distance to shopping, restaurants, coffee shops, museums, banks, schools, and easy commute to highways 110, 210, 134, close to USC, Art Center, Downtown LA. This rare brand-new home is ready to move in. Two side by side parking spaces are located inside the gated parking lot.

    Listed with Mingli Wang CalDRE: 01866566 | 310-293-0250, Realty One Group United


    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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