(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:

  • Wed, 12 May 2021 20:27:00 +0000: $1,400,000 :: 296 Cherry Drive, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,383 sq ft
    Lot Size: 6,970 sq ft
    Added: 04/19/21, Last Updated: 05/12/21
    Property Type: Single Family
    MLS Number: OC21082081
    Community: 647 - Pasadena (SW)
    Status: Active


    A private mid-century oasis perched high on a ridge in San Rafael Hills, 296 Cherry Drive features dual panoramic views of the Downtown LA skyline and palm-lined canopies across Eagle Rock and Glendale from the front, and unobstructed views of the majestic San Gabriel Mountains from the back. Upgraded to the highest of modern-day standards while maintaining its timeless post-and-beam aesthetic, the home boasts new black aluminum Milgard windows and sliders, a new Furnace and AC system, new 200-amp panel, new plumbing and sewer lines, resurfaced gravel flat roof, freshly poured driveway, and designer finishes throughout. From the polished concrete style floors in the living areas, to the original hardwood in the bedrooms, the two sparkling bathrooms, dazzling kitchen with custom cabinetry, and panoramic views from nearly every inch of the property, this home has been meticulously renovated with permits pulled and approved by the city of Pasadena. The Master Suite is a homeowners dream, featuring two spacious closets, a stunning bathroom with dual vanities, free-standing tub and private patio, and picturesque mountain views from the comfort of your bed. A true rarity for any property in Los Angeles, these amazing views can be enjoyed from every room in the house, while still maintaining a large, flat, landscaped backyard with ample room for large parties, a square footage addition, or even a pool. Nestled above the trees in the heart of San Rafael Hills, this property is truly a generational offering of tranquility, style, and pride of ownership.

    Listed with Max James-Armand CalDRE: 01912736, Left Coast Realtors 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/!


  • Wed, 12 May 2021 18:59:00 +0000: $659,900 :: 451 S Oakland Avenue #10, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    2 beds, 3 baths
    Home size: 1,262 sq ft
    Lot Size: 13,940 sq ft
    Added: 03/22/21, Last Updated: 05/12/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: OC21059195
    Community: 647 - Pasadena (SW)
    The price of this listing was last reduced on 5/12/2021 by 3%
    Status: Active


    Welcome to your centrally located, 2 story condo in the middle of everything the city of Pasadena has to offer. This great unit at 451 South Oakland is a two bedroom, plus den, and two and a half bath home that offers its own interior laundry room and a quiet balcony off of the master suite. You're invited to a spacious and open living room with fireplace and a formal dining off of the kitchen. A short flight of stairs gets you to your bedroom and separate den coupled with a full secondary bath and an en suite master bedroom with walk-in closet. Oakland Gardens sits on a picturesque street, lined with mature trees and highlights the 73-point Walk Score. The location puts you minutes away from Old Town Pasadena, CalTech, The Huntington Library, the Rose Bowl and everything else the city has to offer.

    Listed with Kevin Kim CalDRE: 01909123, Landmark Real Estate Company


    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, 12 May 2021 17:41:00 +0000: $1,160,200 :: 1656 Glen Avenue, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    4 beds, 3 baths
    Home size: 1,716 sq ft
    Lot Size: 6,534 sq ft
    Added: 05/12/21, Last Updated: 05/12/21
    Property Type: Single Family
    MLS Number: SR21101502
    Community: 645 - Pasadena (NW)
    Status: Active


    Picture-perfect Pasadena home! A lovely, fenced yard populated with pea gravel and luscious greenery frames the exterior as a long driveway leads up to the quaint porch of this 4 bedroom, 4 bathroom, 1,716-sqft abode. With a high-pitched ceiling and twinkling recessed lights, the open floorplan encapsulates a bright living room, dining room, and kitchen accentuated by warm honey tone floors throughout, center ceiling fan, large windows, and delicate accent moldings. Glossy granite adorns the countertops and center island of the lively kitchen offering built-in stainless-steel appliances, built-in cabinets with under cabinetry lighting, and enough space for bar stool seating. Down the center hallway is the convenient laundry room equipped with space for storage, a guest restroom and a main bathroom, plus airy main bedrooms featuring large built-in closets and ceiling fans to keep each space cool and comfortable. At the end of the hallway resides the beautiful primary bedroom suite. An elegant fireplace, a large walk-in closet, private access to the backyard, and an en-suite bathroom are fantastic features in this ideal primary bedroom retreat. Outside is plenty of paved patio space and includes an expansive yard with shade from large trees set back into the hillside behind the detached garage, a perfectly whimsical venue for any outdoor gathering. Not only does this property have a fully accessible garage, but there’s also an attached spare room featuring an attached bathroom that’s perfect for any vacationing guest. A delightful home to enjoy for many happy years to come!

    Listed with John Maseredjian CalDRE: 01874369, JohnHart Corp.


    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, 12 May 2021 17:00:00 +0000: $1,398,000 :: 1250 Canedo Place, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 2,213 sq ft
    Lot Size: 20,038 sq ft
    Added: 05/12/21, Last Updated: 05/12/21
    Property Type: Single Family
    MLS Number: AR21101394
    Community: 645 - Pasadena (NW)
    Status: Active


    This beautiful home is nestled high up in the prestigious San Rafael Hills, surrounded by picturesque hillsides lined with mature trees. Enjoy a pleasant scenic drive up with wildflowers, trees, and city views. Located in the cul-de-sac where you can have extra parking for your guests. Home offers comfortable, family-friendly living, seclusion & security. As you enter through the main gate, you are lead through a garden filled with fruit trees & flowers. A lovely light-filled living room with a marble fireplace greets you as you enter with walls of glass windows that provide an incredible view of the natural landscape that surrounds the property. The covered patio, with vaulted ceilings and exposed beams, is perfect for year-round entertainment with a view. The updated kitchen includes granite countertops, a 6-burner stove, plenty of cabinets, and storage space. The master suite offers an updated bathroom with a hot tub& separate shower. The formal dining room offers another escape to the backyard through a large sliding door. The large backyard includes a terraced vegetable garden and a variety of fruit trees. The lower level has a third bedroom, a full bath, and a spacious playroom that could be used as a creative space or 4th bedroom. Lots of room to expand and truly offers the best of both worlds, the convenience of city life with a nature-filled backdrop. Old Town Pasadena and its shopping and entertainment center, as well as the world-famous universities like Cal Tech and the Pasadena Art Center, and icons such as the Annandale Golf Club, Norton Simon Museum, and the Rose Bowl are all just a few minutes away. The city of Pasadena is known for hosting the annual Rose Bowl Parade and Football games. The solar system installed 2015 and paid off. All buyers recommend do their own inspections and investigations regarding the permits, sq.ftg of the property.More pictures are coming soon.

    Listed with Young Ahn CalDRE: 01098098, Century 21 Ludecke 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/!


  • Wed, 12 May 2021 15:39:00 +0000: $3,688,000 :: 860 S San Gabriel Boulevard, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    5 beds, 5 baths
    Home size: 3,861 sq ft
    Lot Size: 11,326 sq ft
    Added: 05/12/21, Last Updated: 05/12/21
    Property Type: Single Family
    MLS Number: AR21085594
    Community: 648 - Pasadena (SE)
    Status: Active


    Welcome to this BRAND NEW home in the most desirable East Pasadena neighborhood and located in the award winning San Marino School District. This gorgeous house features 5 bedrooms, 4.5 baths ,and an attached 3-car garage. Luxury design and finishes are shown throughout the house with all the details you will be impressed with. From the foyer, you'll find a formal living room and dinning room with a fancy fire place. The open floor plan seamlessly flows all the way from the family room to a kitchen that includes stainless steel appliances, large center island, stone counters, and a separate butler's pantry and a extra storage room. Adjacent to the kitchen are large French doors that opens up to a beautiful backyard with an outstanding outdoor view. A guest en- suite bedroom is located on the main floor, along with a 1/2 bath, an individual laundry room , and a spacious home office. Upstairs feature a master suite with a luxurious spa-like bathroom with an oversized shower & soaking tub, a spacious walk-in closet, and balcony with a beautiful view. Must be Seen to be fully appreciated!!! Don't miss out on the rare, custom, and unique Brand New Home!!!

    Listed with Yan Zheng CalDRE: 01895410, Long Dragon Realty Group, 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/!


  • Wed, 12 May 2021 13:23:00 +0000: $2,795,000 :: 378 W Green Street #132, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    4 beds, 5 baths
    Home size: 3,050 sq ft
    Lot Size: 44,432 sq ft
    Added: 04/26/21, Last Updated: 05/12/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: WS21094841
    Community: 645 - Pasadena (NW)
    The price of this listing was last reduced on 5/12/2021 by 3%
    Status: Active


    This beautiful four-story townhouse is set amidst the prestigious Ambassador Gardens located right in the heart of Old Town Pasadena. The dramatic open-concept livability features a private elevator, Caesarstone countertops, and hardwood floors throughout. Alongside the serene manicured path, there is the main entrance facing the garden that features a formal dining room, a powder room, and the spacious foyer leads into a well-appointed great room equipped with an island kitchen, a fireplace, and state-of-the-art Sub Zero and Wolf appliances. Open the foldable doors off the great room to an airy patio great for entertaining. Additional outdoor space can be found on the private fourth-floor terrace primed with a fireplace and stunning views of the mountains and the lush gardens. The second floor has a south-facing master suite that features a large walk-in closet with custom built-ins, and a stunning bathroom with double vanity, a separate shower, and a soaker tub. There are three additional bedrooms in the unit each featuring an en-suite bath and ample closet space. On the third floor, there is a generous open media room and a separate laundry room. An attached 4 car garage in the basement features high ceilings and a wall of custom built-in storage and closet space. Conveniently located on a charming tree-lined street with close proximity to shopping, restaurants, and the Rose Bowl.

    Listed with MILES OLSON CalDRE: 01742184, OLSON PROPERTY 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/!


  • Wed, 12 May 2021 12:13:00 +0000: $815,000 :: 2460 E Villa Street #5, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    2 beds, 3 baths
    Home size: 1,607 sq ft
    Lot Size: 34,848 sq ft
    Added: 05/12/21, Last Updated: 05/12/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 21724488
    Community: 646 - Pasadena (NE)
    Status: Active


    This Pasadena three-story cul-de-sac home offers granite countertops, and a two-car garage.

    Listed with Ben Braksick CalDRE: 02120512, Opendoor Brokerage 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/!


  • Wed, 12 May 2021 11:48:00 +0000: $4,250,000 :: 920 Granite Drive #406, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    4 beds, 5 baths
    Home size: 4,394 sq ft
    Lot Size: 95,833 sq ft
    Added: 10/13/20, Last Updated: 05/12/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-1821
    Community: 648 - Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    The Penthouse at Granite Park Place. This sophisticated penthouse, surrounded by 3,000 sf of pristine travertine terraces, occupies two floors of Pasadena's premier concierge building. With views of mountains, treetops and city lights, this is condominium living at its finest. Custom built from the ground up, this on-of-a-kind Penthouse was created by combining units 406 and 407 resulting in grand scale condominium living inside and out. This residence features three spacious bedroom suites, office with bath, which could be a fourth bedroom, and power room. Stunning open living room with high ceilings, fireplace and walls of glass overlooking and opening to rear terraces. The living area, including bar and state-of-the-art kitchen, are all conveniently accessed via this open floorplan.The upper level is a fabulous private retreat that can be used as an upstairs family room or private study, in its current form. The room has walls of glass opening to private terraces and a wall of book/display shelves and cabinets.The excellence of design, the finest of materials and craftmanship together with the two-story outside terraces truly makes this the ultimate Pasadena residence.Additional features:*3,000 sf of private outdoor space.*Full-service luxury building with concierge, valet, parking services, 24-hour security, clubroom, fitness center, pool/spa, outside fireplace and poolside BBQ.*Four covered parking spaces.*Automatic blinds throughout.

    Listed with Brent Chang CalDRE: 01822562, COMPASS


    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, 12 May 2021 06:35:00 +0000: $699,000 :: 330 Cordova Street #162, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,126 sq ft
    Lot Size: 144,184 sq ft
    Added: 05/12/21, Last Updated: 05/12/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: PW21100275
    Community: 648 - Pasadena (SE)
    Status: Active


    This is the condo you have been waiting for! Located within centrally desirable Cordova Park Villas this remodeled first floor, beautifully upgraded condo has every amenity available and a short walk to Old Town's parks, shopping and the Gold Line Metro stop. The two bedrooms are on opposite sides of the home creating privacy for both rooms. The kitchen has been updated in the last three years with all the designer choices, quartz counters, stainless steel appliances and sharp white cabinetry. The kitchen has room for a dine in option should you want to have an eat-in area. The flooring in this unit was replaced within the last three years and is a rich wood flooring. The living room and dining room are open with lots of light and access to the large patio. The master bedroom is large with access to the private patio area. There are two closets in the master bedroom (one walk in and one regular with built in closet organizer). The master bath has had a complete remodel with new Jacuzzi soaking tub, separate walk in shower and dual sinks. The second bathroom has been upgraded also with beautiful tile and fixtures. There is a private laundry area in the unit with room for side by side washer and dryer (included). The HVAC units were replaced recently also. Two side by side parking spaces in the subterranean garage near the elevator (spaces C 9/11). HOA includes water, trash and earthquake insurance. The HOA has a club house kitchen, dining, billiard table, pool/spa and recreation facility you can enjoy. Close to El Paseo shopping center, the Pasadena Convention Center, Old Town Pasadena, Rose Bowl, Colorado Blvd and major freeways make this the perfect location to live.

    Listed with Jennifer Davis CalDRE: 01383659, Keller Williams Pacific 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/!


  • Wed, 12 May 2021 05:49:00 +0000: $825,000 :: 330 W California Boulevard #110, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,350 sq ft
    Lot Size: 43,560 sq ft
    Added: 05/11/21, Last Updated: 05/12/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-4686
    Community: 647 - Pasadena (SW)
    Tract: Not Applicable
    Status: Active


    Luxurious updates and stylish design touches abound in this gorgeous dream condo! No expense has been spared in enhancing the home's beauty and quality. Stepping through the grand double front doors you're greeted by a spacious living room with handsome engineered wood flooring, recessed lighting, and oversized baseboards. A modern, open concept floorplan means the dining area is open to the living room for easy entertaining. You'll treasure how the entire space is flooded with vibrant, natural light thanks to a huge sliding glass door that accesses your own private patio. A calming indoor-outdoor flow imbues the space with tranquility. When the night falls, simply close the high-end sliding plantation shutters and enjoy this lovely condo in total privacy. Off the living room, you'll find a stunning, completely updated kitchen fit for the pages of a magazine! Elegant white quartz countertops, custom wood cabinetry, and stainless-steel appliances make a wonderful impression. To the left of the entry is a hallway with two large bedroom en suites. Both bedrooms are filled with natural light thanks to their large windows with plantation shutters and tree views. The sumptuously updated bathrooms are sleek, modern, and spacious. With plenty of space for al fresco dining, gardening, or outdoor exercise, you'll love spending time out on the home's oversized patio with its beautifully tiled floor. Boasting in-unit laundry, central air, and a location in one of Pasadena's most desirable areas, this condo is undoubtedly a dream come true!

    Listed with Evangelyn Lin CalDRE: 01817694, Lin Realty 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/!


Related Posts with Thumbnails

Other Local Properties