(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:

  • Tue, 28 Mar 2017 19:16:00 +0000: $919,000 :: 3890 Canfield Road, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    3 beds, 3 full baths
    Home size: 1,922 sq ft
    Lot Size: 10,271 sq ft
    Added: 03/06/17, Last Updated: 03/28/17
    Property Type: Residential, Single Family Residence
    MLS Number: AR17043775
    Community: Pasadena (NE)
    Status: Active


    This one story Conventional style single family home is situated in the desirable Lower Hastings Ranch neighborhood of Pasadena. The new owner will enjoy the luxurious lifestyle and conveniences of this home ideally located near schools, park, Eaton Canyon Golf Course, Hastings Ranch Plaza and Hasting Village shopping center, with various of eateries, supermarket, banks, and public transportation. The interior of this high-quality workmanship home features 3 bedrooms, 3 bathrooms, and a living room, dining room, kitchen and laundry room. Additionally, the property also features a large light-filled bonus room not included in the square footage. The living room features hardwood flooring and oversized windows that provide an abundance of natural light. A two-sided brick fireplace between the living and dining room creates an ambience of historical time charm and elegance. The upgraded kitchen provides ample Oak cabinetry, tile backsplash, granite countertops, and wine rack with under cabinet hanging wine glass holder. The home is comprised of 3 good-sized bedrooms and updated bathrooms. The master suite features a sitting area, two large closets, newer hardwood flooring and convenient access to the backyard. The master bathroom also has a floor-to-ceiling tile shower room and skylight. The mountain view fenced backyard is surrounded by lush greenery and fruit trees, a sparkling pool, and newer patio deck. There is also a big side yard that could serve as a great dog run area.

    Listed with Garrett Chan, RE/MAX Premier 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, 28 Mar 2017 18:52:00 +0000: $3,078,000 :: 732 Pinehurst Drive, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    5 beds, 5 full baths
    Home size: 3,489 sq ft
    Lot Size: 12,032 sq ft
    Added: 03/28/17, Last Updated: 03/28/17
    Property Type: Residential, Single Family Residence
    MLS Number: 317002632
    Community: Pasadena (SE)
    Tract: Not Applicable-648
    Status: Active


    This sophisticated and impeccably remodeled contemporary Mediterranean home is located in the prime estate area across from the Langham Hotel....an entertainers dream and perfect for extended family and large scale entertaining. The home exudes a European flair featuring a grand-sized entry, which leads you to the over-sized great room with a bank of French doors that flow effortlessly to a deck that overlooks the pool, perfect for dining alfresco.The state of the art gourmet kitchen is designed for the passionate chef, offering a center island with prep sink, stainless appliances including a Viking 6-burner cooktop range with griddle, Subzero refrigerator, Fisher Paykel dishwasher, stunning caesar stone countertops, plus an abundance of storage. The kitchen opens to the great room with French doors that flow effortlessly to a large deck, which acts as its own outdoor living space. The resort-like backyard is the perfect retreat for relaxing and entertaining, featuring a pool with outdoor bathroom. The home offers 5 generously-sized ensuite bedrooms. The large sun-drenched master retreat features French doors opening to a front deck, over-sized closet with custom built-ins. Additional architectural details include hardwood floors throughout.

    Listed with Glenn Golder, 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, 28 Mar 2017 17:32:00 +0000: $1,580,000 :: 155 Cordova Street , Unit 301, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    3 beds, 2 full, 1 part baths
    Home size: 2,250 sq ft
    Lot Size: 16,346 sq ft
    Added: 11/28/16, Last Updated: 03/28/17
    Property Type: Residential, Condominium
    MLS Number: AR16753376
    Community: Pasadena (SW)
    Status: Active


    A luxurious, elegant 3 bedroom 2.5 bathroom unit that is located in the heart of Pasadena. With 2,250 sq feet of living space, this condo provides Viking professional series appliances, crown molding, wooden shutters, and newer hardwood floors. Terra Bella is a gorgeous 28-unit condominium that is truly a hidden gem. The stunning master bedroom offers a walk-in closet and a full en-suite bathroom. It is furnaced by NEST temperature control, and the condo also provides a balcony and a fireplace. The unit also features semi-private elevators for the resident as well as upscale amenities such as a rooftop pool with a panoramic view of the city and surrounding mountains, cabanas, BBQ stations, fire pit, hot-tub, and a gym. Terra Bella is walking distance to Old Town Pasadena, Paseo Colorado shopping center, Metro Gold Line station and popular restaurants and shops.

    Listed with Tony Wang, John Aaroe 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, 28 Mar 2017 17:16:00 +0000: $669,000 :: 70 Harkness Avenue , Unit 8, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    4 beds, 3 full baths
    Home size: 1,667 sq ft
    Lot Size: 27,482 sq ft
    Added: 02/13/17, Last Updated: 03/28/17
    Property Type: Residential, Condominium
    MLS Number: WS17029678
    Community: Pasadena (SW)
    The price of this listing was last reduced on 2/23/2017 by 4%
    Status: Active


    Great investment in the heart of Pasadena. Located in the desirable area in Pasadena, walking distance to PCC & Cal-tech, down town Pasadena, this tri-level condo features 4 BD 3 BA with open floor plan greatly displays the dinning and living area on the main floor. Direct garage access on the lower floor has a huge storage room ( could be an additional office area or 5th BD )Master suite have a walk-in closet and balcony and 2 BD are on the upper floor. Currently this property generates $3000 per month income. It is perfect for either investment or owner occupied or both. The home provides convenient, quite urban living with easy access to major free way and shopping. Homes needs some TLC.Very rare opportunity. Can not miss.

    Listed with VIVIAN ZHU, GLOBAL PREMIUM 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, 28 Mar 2017 16:52:00 +0000: $499,000 :: 37 W Tremont Street, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    2 beds, 1 full bath
    Home size: 759 sq ft
    Lot Size: 4,790 sq ft
    Added: 03/02/17, Last Updated: 03/28/17
    Property Type: Residential, Single Family Residence
    MLS Number: IV17043097
    Community: Pasadena (NW)
    Status: Active


    Great Pasadena Bungalow house 2bd 1bath in a tree lined street, great floor plan, nice living room with a brick fireplace and a bamboo floor, good size bedrooms, remodeled kitchen with a nice tile flooring, still need some finishing touches. good size backyard with storage building. Very well located, close to the rose bowl, Brookside golf club and minutes away from old town Pasadena. You can customize your dream home, your imagination is the limit in this property, a diamond in the rough, slightly remodel and some light fixer but A much better alternative than a condo. The owner motivate to sell, bring your offer. City occupancy attached check in the supplements.

    Listed with GUILLERMO CASTILLO, GUILLERMO CASTILLO, 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, 28 Mar 2017 16:52:00 +0000: $899,000 :: 808 S Los Robles Avenue, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    3 beds, 2 full, 1 part baths
    Home size: 1,431 sq ft
    Lot Size: 5,666 sq ft
    Added: 02/08/17, Last Updated: 03/28/17
    Property Type: Residential, Single Family Residence
    MLS Number: CV17026339
    Community: Pasadena (SE)
    Status: Active


    Spacious 3 bed, 2.5 bath home located in one of the most desirable communities of Pasadena. Home has great potential. Located minutes from Old town Pasadena, South Lake Avenue shopping, CalTech and Huntington library. Recently renovated kitchen with new cabinets and granite counter tops. Spacious laundry room with additional space. Detached 2 car garage with adjacent tool shed.

    Listed with ANGEL AGUAYO, SO CAL REALTY & LOANS


    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, 28 Mar 2017 16:12:00 +0000: $630,000 :: 101 N GRAND Avenue , Unit 14, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    2 beds, 2 full baths
    Home size: 1,357 sq ft
    Lot Size: 81,230 sq ft
    Added: 03/22/17, Last Updated: 03/28/17
    Property Type: Residential, Condominium
    MLS Number: 17213828
    Community: Pasadena (NW)
    Status: Active


    Here is your next home--a gorgeous Mid Century contemporary first floor unit, designed by the "Father of the Modern Condo", Lionel Mayell. It is surrounded by stately homes in the Upper Arroyo Seco Neighborhood, with grand views of the Colorado Street Bridge, Vista Del Arroyo Hotel & Linda Vista Hills. There are two spacious bedrooms with seating areas, 1 and 1/4 bath, beautiful hardwood floors, upgraded kitchen appliances, central heating/AC and a working fireplace. In addition, there are two patios to enjoy the lush grounds and entertain your guests. It's a 15 minute walk to Old Town Pasadena shopping and amenities. Monthly HOA dues include electric, gas, trash and water.

    Listed with Heather Presha, John Aaroe 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, 28 Mar 2017 15:56:00 +0000: $2,195,000 :: 1220 Chateau Road, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    3 beds, 2 full, 2 part baths
    Home size: 3,191 sq ft
    Lot Size: 25,118 sq ft
    Added: 09/12/16, Last Updated: 03/28/17
    Property Type: Residential, Single Family Residence
    MLS Number: 316008630
    Community: Pasadena (NW)
    Tract: Not Applicable-645
    The price of this listing was last reduced on 11/11/2016 by 4%
    Status: Active


    This Contemporary-styled Mid-Century home is located in the prestigious 91105 San Rafael area of Pasadena. Custom-built and sitting high above the exclusive Annendale golf course and the Colorado bridge, it's surrounded by seclusion and privacy. Chateau is a cul-de-sac road with Southern city-light and tree-top views. Offering concrete walls, vaulted angular-ceilings, indoor/outdoor flow to a sparkling pool, expansive deck and several Zen gardens; there is a simplicity to its open layout. This special one-of-a-kind estate is light-filled with floor-to-ceiling windows and several skylights. The Chef's kitchen includes a built-in desk, a Miele expresso maker, wine fridge, SubZero refrigerator, Dacor/Kitchenaid stainless steel appliances, and an enormous granite center island for entertaining.

    Listed with Susan Lee, 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, 28 Mar 2017 15:48:00 +0000: $459,000 :: 434 N Oakland Avenue , Unit 7, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    3 beds, 1 full, 2 part baths
    Home size: 1,172 sq ft
    Lot Size: 11,378 sq ft
    Added: 03/27/17, Last Updated: 03/28/17
    Property Type: Residential, Condominium
    MLS Number: AR17061130
    Community: Pasadena (NW)
    The price of this listing was last increased on 3/27/2017 by 22%
    Status: Active


    This is a very pleasant condominium in good condition. It's the last of 7 units, so it's located in the back; private and away from noise and traffic. There is a small front porch, just big enough for a nice spot to read or for the grill! You enter into a spacious living room which is open to the dining-area and kitchen. Kitchen has a nice garden window, newer granite counters, modern stainless steel hood over the stove as well as white painted cabinets. This level also has a small 1/2 bath. Upstairs you'll find three nice sized bedrooms including a master bedroom. There is also a bathroom off the upstairs hallway. The unit has an oversized two-car attached garage. This is also where you'll find the hook-ups for washer and dryer. There is carpet in upstairs bedrooms and wood parquet in living and kitchen areas.

    Listed with Connie Hanson, 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, 28 Mar 2017 15:32:00 +0000: $2,899,000 :: 1509 Inverness Drive, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    4 beds, 2 full, 2 part baths
    Home size: 3,244 sq ft
    Lot Size: 23,652 sq ft
    Added: 03/10/17, Last Updated: 03/28/17
    Property Type: Residential, Single Family Residence
    MLS Number: SB17049631
    Community: Pasadena (NW)
    Status: Active


    If you're the type of person who desires peace, privacy and breathtaking views... then we've got the home for you. Welcome home to 1509 Inverness Drive. A one-of-a-kind, gated estate seated on a highly desirable promontory, with sweeping views of the San Gabriel Mountains, Pasadena and the iconic Rose Bowl. As you enter this immaculate remodel you are immediately swept by its dramatic two-story entry and open floor plan. Natural light pours into the home, which features modern, yet earthy and natural finishes. Entertaining is elevated by an expansive chef’s kitchen flowing seamlessly to the ultimate signature of indoor/outdoor California living. Over 25' of La Cantina folding doors open you up to endless possibilities. Enjoy your morning coffee, dinner with friends and loved ones, or a memorable glass of wine with an unforgettable view. At the end of a long day your master retreat envelops you with expansive sophistication, featuring two additional view-focused balconies, his and hers custom closets, and a spa-inspired master bathroom. 1509 Inverness Drive is the perfect articulation of modern comfort, expressed with warmth and top of the line designer finishes throughout. No detail was overlooked with no expense spared... Don’t let your dream home slip away. Home is listed as 4 bedroom yet the home is 3 beds and a huge office that can can be used as a bedroom if needed.

    Listed with Curt Ranta, 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/!


Related Posts with Thumbnails

Other Local Properties