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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:

  • Fri, 26 Jul 2024 14:34:00 +0000: $1,499,000 :: 1503 N Harding Avenue, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,741 sq ft
    Lot Size: 6,722 sq ft
    Added: 07/26/24, Last Updated: 07/26/24
    Property Type: Single Family
    MLS Number: P1-18657
    Community: Pasadena (NE)
    Status: Active


    Welcome to this captivating home, boasting a charming brick porch & irresistible curb appeal. Enter through the quintessential red door into a living room adorned with engineered hardwood floors that are throughout the home, a bay window, tray ceiling with recessed lighting, & a traditional brick fireplace with a mantel. Wood louvered shutters over dual-paned windows add to the charm. The open kitchen-dining floor plan leads to a family room space. The dining room is illuminated by recessed lighting & a hanging light fixture & the kitchen is a culinary delight with a 6-burner Thermador professional gas range, an oven hood, a subway tile backsplash, a farmhouse sink, a Thermador dishwasher & a KitchenAid refrigerator. Quartz countertops with custom-built wood shaker-style cabinets & drawers, all soft-close, enhance functionality. An island with bar seating & quartz countertops complete the space. The kitchen opens to the laundry room & provides access to the backyard. The family room has French doors leading to the backyard, offering a seamless indoor-outdoor living experience. The bedroom wing starts with a spacious front bedroom featuring recessed lighting, crown molding, a ceiling fan & wood louvered shutters. The remodeled hallway bathroom includes an oversized single sink vanity with quartz countertops, subway-tiled bath & shower combo, penny tile flooring & custom-built wood shaker-style cabinets. The 2nd bedroom has crown molding, recessed lighting & dual-paned windows. The primary suite features tray ceilings, recessed lighting, a ceiling fan & 2 sets of French doors opening to the backyard. The suite includes a walk-in closet with Easy Closet built-ins & an additional closet with sliding doors. The exquisite ensuite bathroom has marble tiled flooring, a dual sink vanity with quartz countertops & an oversized shower enclosure with 2 shower heads, including an overhead rain shower & custom floor to ceiling subway tile. Recessed lighting & custom-built wood shaker-style cabinets add a touch of luxury. The backyard offers a brick patio & a grassy area perfect for outdoor enjoyment. The converted garage is ideal for relaxing or accommodating guests. It features waterproof luxury vinyl plank flooring, recessed lighting, dual-paned glass sliders & a mini-split air conditioner. Numerous upgrades throughout the home & property ensure an abundance of comfort & style. Don't miss the opportunity to make this modernized & beautifully remodeled home yours!

    Listed with Jason Berns CalDRE: 01787757 | (626) 826-4544, 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/!


  • Fri, 26 Jul 2024 13:59:00 +0000: $695,000 :: 50 W Mountain Street #15, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,277 sq ft
    Lot Size: 41,382 sq ft
    Added: 07/26/24, Last Updated: 07/26/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-18659
    Community: Pasadena (NW)
    Status: Active


    This desirable, attractive, well-loved and well-maintained townhome is just a short distance from the world renowned Rose Bowl and minutes to the fun vibe and entertainment in Old Town Pasadena. The thoughtfully designed floor plan insures functionality and privacy, with an open floor plan/entertainment area on the first floor, and two spacious primary suites on the second floor. The first primary suite opens to an inviting deck overlooking the courtyard and reflecting pool, perfect for your morning cup of coffee. The adjoining full bath (Toto toilet) offers a private, relaxing sanctuary The second suite is extremely spacious, with ample room for TWO queen sized beds and has an adjoining full bath (Toto toilet). Both bedrooms have HUGE walk-in closets with shelving and lots of additional storage options. Sliding glass doors lead to your own private patio off of the living room, designed for you and your guests to take advantage of outdoor California living. Seller has made some recent, quality upgrades, including Quartz countertops in the kitchen. All kitchen appliances - stove, refrigerator, built-in dishwasher, microwave and free-standing stove - are included. Low maintenance newer hardwood floors. On the second floor there is a laundry closet, which can accommodate side-by-side washer and dryer or stackables. Custom window coverings throughout. Two car attached garage with direct access off of kitchen. Entire complex roofing replaced within last year. This unit has new windows throughout. Centrally located and directly adjacent to JPL, and the 210, 134 and 110 freeways.

    Listed with Vicki Carroll CalDRE: 01078553 | (626) 797-7622, Berkshire Hathaway Home Services Golden 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/!


  • Fri, 26 Jul 2024 13:39:00 +0000: $1,295,000 :: 1806 La Loma Road, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,986 sq ft
    Lot Size: 5,341 sq ft
    Added: 06/07/24, Last Updated: 07/26/24
    Property Type: Single Family
    MLS Number: P1-17978
    Community: Pasadena (SW)
    The price of this listing was last reduced on 7/26/2024 by 7%
    Status: Active


    Welcome to this exceptional home in the prestigious San Rafael Hills neighborhood in Pasadena, on the market for the first time in over 25 years. This elegant 2-story home effortlessly blends timeless sophistication with modern amenities. As you enter through the double front doors, you are greeted by an expansive living room. This inviting space features recessed lighting, carpeted flooring & a large picture window that frames serene views of the tree-lined neighborhood. Adjacent to the living room, a versatile bonus area provides the perfect spot for a home office or creative studio. Ascending the stairs, you are welcomed by the warmth of hardwood flooring throughout the second level. To the right, a pocket door reveals an additional living area, seamlessly connected to the dining space. This room is adorned with a decorative brick fireplace, featuring a stone hearth & a classic wood mantle. Large corner windows offer a picturesque tree top view, filling the space with natural light. The kitchen is a culinary haven, equipped with stainless steel appliances, including a 5-burner gas range, oven hood, dishwasher & refrigerator. Elegant stone countertops, a subway tile backsplash & recessed lighting add to the kitchen's refined appeal. A sliding glass door opens to a serene outdoor patio, beautifully framed by the lush landscaped hillside, perfect for dining al fresco among the relaxing scent of jasmine. Also on the second floor, 3 well-appointed bedrooms & 2 spacious bathrooms. The primary bedroom is a private retreat with hardwood floors, an entire wall of closet space & a sliding door that opens to the other end of the secluded back patio. This outdoor area provides an idyllic setting for a peaceful morning coffee or an evening nightcap. The bathroom next to the primary bedroom boasts tile flooring, a custom tiled countertop with an oversized vanity & a matching tiled shower enclosure. Further down the hall, the second & third bedrooms each offer hardwood flooring & generous closet space. The hallway includes convenient linen storage cabinets & leads to the second bathroom, featuring recessed lighting, a stone countertop with a single sink vanity, vinyl wood-look flooring & a tub-shower combination with a tiled & glass door enclosure. This contemporary 2-story gem embodies a perfect blend of elegance & comfort, offering a refined living experience in the heart of the San Rafael Hills. Don't miss the opportunity to make this distinguished home your own.

    Listed with Jason Berns CalDRE: 01787757 | (626) 826-4544, 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/!


  • Fri, 26 Jul 2024 13:39:00 +0000: $799,000 :: 246 Alpine Street #8, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,036 sq ft
    Lot Size: 0 sq ft
    Added: 06/10/24, Last Updated: 07/26/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-18006
    Community: Pasadena (SW)
    Status: Conditional


    Prime three bedroom two bath first floor condominium, with a fabulous spacious, fenced private patio. This is an end unit with an open floor plan. The kitchen has quartz countertops and stainless steel appliances.The master bedroom has an en suite bath, and a walk in closet.This condo is a close proximity to The Gold Line Station, Trader Joes and Art Center College of Design South Campus.

    Listed with Robin Banks CalDRE: 01814639 | (626) 437-6908, Berkshire Hathaway Home Servic


    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/!


  • Fri, 26 Jul 2024 11:33:00 +0000: $2,395,000 :: 367 W Del Mar Boulevard #107, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 2,510 sq ft
    Lot Size: 0 sq ft
    Added: 03/15/24, Last Updated: 07/26/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-16869
    Community: Pasadena (SW)
    The price of this listing was last reduced on 7/26/2024 by 4%
    Status: Active


    Beautifully designed and highly upgraded townhouse style unit with its own private elevator from the 4 plus car garage to both levels of the unit. All 3 bedrooms are on the second floor. No unit below or above this one. Ten foot ceiling height. French doors and hardwood floors. Feels like a single family residence. South and East exposures. Lovely patio facing Del Mar.

    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/!


  • Fri, 26 Jul 2024 11:33:00 +0000: $1,969,000 :: 1550 Atchison Street, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    7 beds, 4 baths
    Home size: 3,359 sq ft
    Lot Size: 13,918 sq ft
    Added: 07/17/24, Last Updated: 07/26/24
    Property Type: Single Family
    MLS Number: WS24145756
    Community: Pasadena (NW)
    The price of this listing was last reduced on 7/26/2024 by 1%
    Status: Active


    Prime location & Potential Income!!! The charming turn-key property situated on a massive 13,916 SF lot, The main house features 4 bedrooms and 3 bathrooms, and a single-story ADU features 3 bedrooms and 1 bath with its own private kitchen and private entrance, perfect for extended family, guests, or even to lease out for additional income. This property has an open floor plan, formal dining room, living room, master bedroom with its own private patio and inside laundry room. Gourmet kitchen with island, brand new appliances. Falls within the Pasadena Unified School District (PUSD), the home embraced the resources of Highly Rated Schools, perfect for families and greatly increased the added space and rental value. With its income potential, proximity to downtown life while still offering the quiet suburb living, the enormous lot and envious Pasadena living, this property has it all. Call to schedule your tour!

    Listed with Silvia Zhang CalDRE: 02089881 | 626-955-2666, HARVEST REALTY DEVELOPMENT


    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/!


  • Fri, 26 Jul 2024 11:33:00 +0000: $3,899,000 :: 1436 N Arroyo Boulevard, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    5 beds, 5 baths
    Home size: 5,141 sq ft
    Lot Size: 18,082 sq ft
    Added: 07/24/24, Last Updated: 07/26/24
    Property Type: Single Family
    MLS Number: P1-18624
    Community: Pasadena (NW)
    Status: Active


    Welcome to 1436 North Arroyo Blvd in Pasadena, California! This stunning two-story Mediterranean Revival home built in 1927 beautifully blends indoor and outdoor living with its patios, terraces, and balconies. You will be enchanted by its high ceilings with open beams, thick stucco exterior, textured interior walls, casement windows, and French doors. Located just minutes from JPL, ArtCenter, the Rose Bowl, and Brookside Golf Course, this home is perfect for those who love nature, adventure, and culture. Enjoy popular nature trails and the Hahamongna Watershed Park, accessible from the Arroyo Seco right below the property. Spanning 5,141 square feet of living space on an 18,081-square-foot corner lot, this home includes the main house and attached guest quarters, boasting a total of 5 bedrooms, 4.5 bathrooms, 5 fireplaces, gardens, and patios. With two separate driveways, a detached garage with a carport, and a Porte-cochere, convenience and elegance surround the entire property.The Main House features 3 bedrooms, 2.5 baths, and 3 fireplaces. Experience the entry with its exquisite tilework, a spacious set-down living room, and an open entertaining room with walls of glass, while the updated kitchen with a Butler's pantry and a formal dining room completes the lower level. Updates have been carefully crafted throughout the years including newer hardwood floors, dual-paned windows, recessed lighting, tube lighting, and skylights. The Primary Suite offers a peaceful retreat with views of the Arroyo from the built-in platform bed with a fireplace for added warmth on chilly evenings while the balcony offers garden views and a retreat on warm nights. Three spacious closets, a full bathroom, and an open sitting area complete the space. There are two additional bedrooms with hardwood floors, tiled full bathroom, extra large closets, and recessed lighting.The Guest Quarters is a truly amazing space for guests. This 2-bedroom, 2-bath + LOFT residence features a separate elegant entrance, parking for up to 4 cars, and its own private back patio. The multi-level design includes high ceilings, arched windows, hardwood floors, two unique corner fireplaces, and a spiral staircase.Additional features of this home include zoned central air & heat, automatic sprinklers, tankless water heater, a separate laundry room with newer upgraded washer & dryer, and a monitored security system.

    Listed with Barbara King CalDRE: 00903286 | (626) 319-0315, Hythe 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/!


  • Fri, 26 Jul 2024 10:03:00 +0000: $1,200,000 :: 510 Cliff Drive, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,281 sq ft
    Lot Size: 8,760 sq ft
    Added: 07/11/24, Last Updated: 07/26/24
    Property Type: Single Family
    MLS Number: PW24142342
    Community: Pasadena (NE)
    Status: Conditional


    Discover the charm of this Mid Century Single Story Home situated in the highlysought-after community of HASTINGS RANCH. This lovely Pasadena home ismove-in ready and offers a blend of modern comfort and timeless appeal withNEW roof, FRESH paint, NEW stainless kitchen appliances, wood flooring, copperplumbing, central air conditioning, dual pane windows and ceiling fans. An easyand airy flow carries through the spacious living room with grand fireplace, diningarea, den/office and updated kitchen. Large primary bedroom with cedar linedclosets. Convenient Indoor laundry and two car attached garage. This expansiveand private property with several fruit trees and manicured landscaping is yourown private retreat, perfect for relaxation and entertaining. Close proximity toshopping, dining, schools, and parks. Prepare to fall in love with this enchantingHastings Ranch gem!

    Listed with Cheryl Hansen CalDRE: 01239366 | 714-878-6070, First Team 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/!


  • Fri, 26 Jul 2024 10:03:00 +0000: $1,324,995 :: 3310 Las Lunas Street, Pasadena CA, 91107 - Pasadena Home Search
    4 beds, 2 baths
    Home size: 1,856 sq ft
    Lot Size: 7,292 sq ft
    Added: 07/26/24, Last Updated: 07/26/24
    Property Type: Single Family
    MLS Number: P1-18654
    Community: Pasadena (NE)
    Status: Active


    Welcome to your dream home, nestled in the heart of Pasadena on a tranquil, tree-lined street. This beautifully maintained residence offers the perfect blend of modern amenities and timeless charm, situated near the scenic Eaton Canyon and the prestigious Eaton Canyon Golf Course. Featuring two exquisite bathrooms fully remodeled in 2023 with high-end finishes and fixtures, this home ensures luxury and comfort. The HVAC unit, replaced in 2014, and dual-pane windows, installed in the 2000s, provide year-round comfort and energy efficiency. Significant upgrades include a new 200 amp electrical panel and complete home rewiring in 2020, all-new copper plumbing throughout the house in 2023, and brand new sewer lines from the street to the house installed in 2023. The exterior enhancements, such as the completely redone stucco in 2005 and a full roof replacement in 2005, add to the home's curb appeal and longevity. Inside, solid hardwood floors and granite countertops in the kitchen create a warm and sophisticated atmosphere. The property also boasts lush, manicured landscaping, creating a picturesque setting for relaxation and entertainment. Additionally, a permitted loft above the garage offers versatile space for a home office, studio, or guest suite. This Pasadena gem combines modern upgrades with classic beauty, making it the ideal place to call home. Don't miss your opportunity to own a piece of Pasadena paradise. Contact us today to schedule a viewing!

    Listed with Kevork Garibian CalDRE: 01920206 | (626) 665-3457, Berkshire Hathaway Home Servic


    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/!


  • Fri, 26 Jul 2024 08:11:00 +0000: $3,999,999 :: 1394 Edgehill Place, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    5 beds, 4 baths
    Home size: 4,444 sq ft
    Lot Size: 11,932 sq ft
    Added: 05/07/24, Last Updated: 07/26/24
    Property Type: Single Family
    MLS Number: 24389023
    Community: Pasadena (NW)
    The price of this listing was last increased on 7/26/2024 by 38%
    Status: Active


    LUXURY LIVE AUCTION! Bring your best offers! Traditional, non-distressed property. Now is your chance to own this one-of-a-kind sanctuary in the hills of the private Linda Vista community. 1394 Edgehill Place has been masterfully redesigned as a tranquil retreat. The minimalistic, modern design of the home lends to a feeling of openness and an indoor-outdoor living experience. The main floor blends seamlessly from the living room to the kitchen with sweeping views from the walls of glass to the Colorado Bridge and beyond. A state-of-the-art kitchen with a waterfall island offers endless entertaining options. The living room is serene and filled with natural design elements and light. Slat wood detailing offsets the fireplace & media wall and exposed wood beams highlight the vaulted ceilings. The mid-level, primary bedroom suite is an elegant escape with touches of luxury found in every corner. Each bedroom is private and spacious with ample closets and all within reaching distance from a beautiful bathroom. The lower level is an exquisite hideaway with a separate entrance and could be perfect for a music studio, office, guest suite, or just a quiet extension of the home. The terraced backyard gardens are magical, private, and full of blooming flora. A stunning property floating above the Arroyo Seco, the iconic Rose Bowl, and the lush streets of Linda Vista in the special city of Pasadena.

    Listed with Aaron Kim CalDRE: 02018687 | 213-808-2008, Aaron Kim


    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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