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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:

  • Tue, 21 Apr 2015 19:24:00 +0000: $600,000 :: 1684 North Madison Avenue, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 2 full baths
    Home size: 1,465 sq ft
    Lot Size: 8,326 sq ft
    Added: 04/21/15, Last Updated: 04/21/15
    Property Type: Residential , Single Family Residence
    MLS Number: 315003958
    Community: Pasadena (NE)
    Tract: Na646 (NA646)
    Status: Active


    Welcome to this gracious three bedroom, two bath, 1,465 SF charming English style home. The tall, gable roofed house is light & bright with a perfect floor plan for entertaining. The living room invites you in with its vaulted ceiling & picture window that looks out at the quaint, tree-lined street. The interior has a remodeled kitchen w/ granite counters, travertine floors, a tumbled stone backsplash, a double sink, stainless appliances, custom cabinets & an adjoining formal dining room. The bedrooms are spacious and include a master suite w/ a connecting room that could be used as an office, den or nursery. The elegantly landscaped backyard is 8,326 SF & has a sweeping lawn, bordered by roses, that makes it feel like a private park. Between the yard & home is a large patio w/ fire pit that is ideal for relaxing w/ friends. Special amenities incl. beautifully redone bathrooms, hardwood floors, arched doorways, dual glazed windows, updated plumbing, electrical & a newer roof.

    Listed with Dhari Thein, 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/!


  • Tue, 21 Apr 2015 18:22:00 +0000: $848,000 :: 1070 Hastings Ranch Drive, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    3 beds, 2 full, 1 part baths
    Home size: 1,663 sq ft
    Lot Size: 9,438 sq ft
    Added: 04/06/15, Last Updated: 04/21/15
    Property Type: Residential , Single Family Residence
    MLS Number: AR15071652
    Community: Pasadena (NE)
    Status: Conditional


    Back on Market with Brand New AC and Heating! Brand New Upgraded Electrical Panel and Underground Electrical System. Nestled in Highly Desirable Tree Lined Neighborhood of Upper Hastings Ranch. Great Curb Appeal with Professional Landscaping. Tastefully Updated Traditional House Keeps Warm Characters. Enclosed Front Porch Provides Tranquil Setting for Guests. Combined Living Room & Family Room Boast Fire Place, Recessed Lights, Crown Molding & Sliding Doors to Patio and Lush Back Yard. Remodeled Kitchen Offers Granite Countertops, Wood Cabinets, Stainless Steel Appliances, Travertine Tiles & Breakfast Nook. Master Suite Features His & Her Closet and Newly Remodeled Bathroom with walk-in shower. One Bedroom with Sliding Doors to Covered Back Patio. Newly Added Hallway Bathroom has Jacuzzi Tub & Separate Shower. Huge Storage Room in Hallway. Gorgeous Brazilian Cherry Hardwood Floors, Newer Double Paned Windows & Sliding Doors Throughout. Private Huge Back & Side Yard with Covered Patio, & Fruit Trees. New Paint Interior & Exterior. Spanish Tile Roof. Copper Pluming. Wireless Security System Installed. Convenient Location Close to Transportation, Shopping, Restaurants, Old Town Pasadena, Schools, Parks and Mountain Trails. Easy Access to Freeway 210.

    Listed with Julia Zhao, Re/Max Elite 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, 21 Apr 2015 18:17:00 +0000: $899,950 :: 1118 Las Riendas Way, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    3 beds, 3 full baths
    Home size: 2,131 sq ft
    Lot Size: 197,786 sq ft
    Added: 04/21/15, Last Updated: 04/21/15
    Property Type: Residential , Townhouse
    MLS Number: WS15084471
    Community: Pasadena (SE)
    Status: Active


    Beautiful 3 Bedroom Cozy Home Located In The Huntington Grove Estates In Pasadena But With Award Winning San Marino School District. Open Floor Plan Windows On East, South And West Sides. Two Bedrooms On 1st Floor And Master Suite Up. High Ceilings And Loads Of Privacy. Private Courtyard And Entry. Vaulted Ceiling, Fireplace In Living Room, Sliding Doors Off The Living Room & Main Bedroom Opens To Balcony/Deck With Additional Storage Space And Green Belt Views. Attached Garage. Surrounded By Oak Trees. Also A Very Large Storage, Workshop Or Wine Cellar Tucked Underneath The Unit. Very Convenient Location, A True Must See!

    Listed with Peng Gong (w/ Wendy Gong), RE/MAX ADVANCED 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, 21 Apr 2015 17:39:00 +0000: $718,800 :: 1785 La Loma Road, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    2 beds, 2 full baths
    Home size: 1,283 sq ft
    Lot Size: 5,885 sq ft
    Added: 04/21/15, Last Updated: 04/21/15
    Property Type: Residential , Single Family Residence
    MLS Number: WS15084422
    Community: Pasadena (SW)
    Status: Active


    Home buyers seeking a sprawling backyard with a green lush lawn will need to look further. Eco-conscious home buyers seeking the perfect combination of taste, science, low maintenance, conservation, energy efficiency, and location have met their perfect match! "La Cour La Loma" is 10 minutes from Downtown, located in the prestigious San Rafael Hills. Its U-shaped floor plan features a central courtyard that is accessible from the living room, breakfast nook, and the master bedroom. Inside, our home boasts impermeable block walls, gleaming tile flooring with radiant heating to keep your toes warm in the winter, a Japanese soaking tub, vaulted ceilings in the living room, a commercial gas stove featuring a 15 BTU heating unit, and a cedar closet. Outside there is a newer roof, the drought-resistant landscape, a timer-controlled drip system for the "secret" vegetable-herb garden, and the courtyard perfect for your soiree or simply relaxing. The architecture, design, and positioning of the home take full advantage of the sun's radiance keeping the home bright while the large Liquid Amber Maple Tree in the front yard provide shade and natural ventilation without the expense of air conditioning. Buyers are to verify all information to their satisfaction.

    Listed with Mei-Jing Shih (w/ Paul Shih), REAL ESTATE HEAVEN, SO PAS


    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, 21 Apr 2015 17:34:00 +0000: $498,000 :: 931 East Walnut Street, Unit 112, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    1 bed, 1 full, 1 part baths
    Home size: 1,146 sq ft
    Lot Size: 49,548 sq ft
    Added: 04/21/15, Last Updated: 04/21/15
    Property Type: Residential , Condominium
    MLS Number: 315003952
    Community: Pasadena (SE)
    Tract: Na648 (NA648)
    Status: Active


    Located in one of Pasadena's finest buildings, this newer built ground floor condo has much to offer. A formal entry leads to the sleek new open kitchen with granite countertops & stainless steel appliances. The spacious living room has wood floors, windows & a glass door that leads to a private entrance to the street. Upstairs you find a large master suite with ample closet space & a luxurious private bath also a private balcony with beautiful mountain views. There is an office space mid-level. The unit has its own laundry closet with stackable washer/dryer. This unit is light & bright & is close to Lake Ave. The building has a beautiful outdoor sitting area with BBQ, a state of the art gym, & a high end furnished community room with kitchen & bath for your larger gatherings. This is a great opportunity to live close to the best that Pasadena has to offer.

    Listed with Kathy Seuylemezian, Coldwell Banker Residential Br


    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, 21 Apr 2015 17:34:00 +0000: $1,395,000 :: 2500 Canyon View Lane, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    4 beds, 2 full, 1 part baths
    Home size: 2,838 sq ft
    Lot Size: 10,030 sq ft
    Added: 04/17/15, Last Updated: 04/21/15
    Property Type: Residential , Single Family Residence
    MLS Number: 315003795
    Community: Pasadena (NE)
    Tract: Na646 (NA646)
    Status: Active


    Featuring one of the best view lots in Pasadena's Eaton Canyon area, this recently updated and expanded two-story home is absolutely turn-key. Elegantly sited on a quiet cul-de-sac, the property offers move-in condition and the coveted open layout to fit your modern lifestyle. The oversized cook's kitchen with center island/breakfast bar, stainless steel appliances and adjoining family room all flow effortlessly out to the view patio, pergola and rear lawn/playground. Large master suite with walk in closet and private balcony, formal living and dining rooms, two fireplaces, two-car attached garage, security system, picture-perfect landscaping and so much more! It's time to come home.

    Listed with Matthew Littell (w/ Boyd Littell), 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/!


  • Tue, 21 Apr 2015 17:28:00 +0000: $305,000 :: 762 East Orange Grove, Unit 8, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    2 beds, 1 full, 1 part baths
    Home size: 949 sq ft
    Lot Size: 18,345 sq ft
    Added: 03/31/15, Last Updated: 04/21/15
    Property Type: Residential , Townhouse
    MLS Number: 15891863
    Community: Pasadena (NE)
    Status: Conditional


    CORNER UNIT TWO STORY TOWNHOUSE WITH ONE SHARED WALL. TWO BEDROOMS UPSTAIRS WITH ONE FULL BATH AND HALF BATH DOWNSTAIRS, SPACIOUS BEDROOMS, CENTRAL AIR, WASHER AND DRYER HOOKUPS IN THE GARAGE, TWO CAR GARAGE WITH DIRECT ACCESS TO THE UNIT AND ENCLOSED PATIO.

    Listed with Charles Picker, I.X.A.


    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, 21 Apr 2015 16:59:00 +0000: $1,898,000 :: 2960 San Pasqual Street, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    3 beds, 3 full baths
    Home size: 2,600 sq ft
    Lot Size: 17,589 sq ft
    Added: 04/20/15, Last Updated: 04/21/15
    Property Type: Residential , Single Family Residence
    MLS Number: AR15082761
    Community: Pasadena (SE)
    The price of this listing was last increased on 4/21/2015 by 1%
    Status: Active


    This exceptional mid-century single level Ranch style, sitting in a very desirable quiet neighborhood close to Cal Tech area. It is an inviting atmosphere, bright & airy peaceful, resort like California life style. Ultimate privacy with very pristine condition. This gorgeous home offers almost 12 foot high ceiling, sky lights in spacious living room with fire place, entertaining formal dining room. Beautiful view of the re tiled salt water pool with new pool equipment, great indoor/out door entertaining with newly updated large patio area with flagstone. Park like large back yard view from U shape designed home. Huge Master en-suite with oversized walk-in closet with natural light tubes, double rain head shower with heated bench in large shower and heated travertine floor. There are Bain Ultra air jet tub in full bath in hall way. Turnkey property updated through out in detail from 2005-2010 of New roof, Newer stucco, newer insulated ceilings, newer hardwood floors, Vintage windows with newer dual pane French glass doors. New bathrooms, New gourmet kitchen with granite counter top, double conviction oven, stainless appliances, Avanti wine cooler, large pantry. 2 tank less water heater, Newer HVAC, Copper plumbing, 3rd bedroom used as a library/office.

    Listed with Imy Dulake, Coldwell Banker Arcadia


    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, 21 Apr 2015 16:28:00 +0000: $598,000 :: 2650 San Marcos Drive, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    2 beds, 1 full bath
    Home size: 976 sq ft
    Lot Size: 5,744 sq ft
    Added: 04/16/15, Last Updated: 04/21/15
    Property Type: Residential , Single Family Residence
    MLS Number: AR15080157
    Community: Pasadena (SE)
    Status: Active


    Tucked away in South East Pasadena residential area and on a tree-lined street with a side walk, this Extensively remodeled One Level 2 br, 1 ba has NEW kitchen, appliances, HVAC, bathroom, copper plumbing, dual-pane windows, doors, exterior/interior paint, and landscaping with automatic sprinkler system. All permitted. Inside laundry. Some brand new furniture are included. Free standing Detached Studio/Bonus/Play Room. Living area shown may not include the Studio/Bonus Rm. Detached garage with a new roll-up garage door at the end of a long driveway. Not too far to PCC, Caltech and daily conveniences spots.

    Listed with Song Liem, Coldwell Banker Arcadia


    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, 21 Apr 2015 15:27:00 +0000: $1,258,000 :: 1285 Riviera Circle, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    4 beds, 1 full, 1 part baths
    Home size: 2,507 sq ft
    Lot Size: 10,349 sq ft
    Added: 04/08/15, Last Updated: 04/21/15
    Property Type: Residential , Single Family Residence
    MLS Number: AR15073123
    Community: Pasadena (NE)
    The price of this listing was last reduced on 4/21/2015 by 2%
    Status: Active


    Sitting on the corner top of a cul-de-sac beautiful home in Upper Hastings Ranch recently remodeled throughout, an exceptional opportunity. Open, bright and flowing floorplan. Upgrades include custom travertine bathroom, 3 sets of sliding French doors to patio and pool, hardwood floors. Four large bedrooms plus bonus room with vaulted ceiling for den or home office. Family room with vaulted ceiling, sliding French doors to serene backyard, Recessed lightings, custom built cabinetry, Separate in-house laundry room with lots of cabinets. Two fireplaces. Outside recently restructured. Newer driveway aggregate stone and brick. Furnace relocated outside dwelling in it's own housing. Mountain and sunset views from private backyard with large resurfaced pool. Lush landscape with lots of fruit trees and vegetable garden area. Shows beautifully! Walking distance to Don Benito Foundation Elementary School.

    Listed with Mario Askary, Coldwell Banker Arcadia


    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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