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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:

  • Wed, 19 Jan 2022 14:36:00 +0000: $1,250,000 :: 610 Del Monte Street, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    4 beds, 3 baths
    Home size: 1,773 sq ft
    Lot Size: 7,994 sq ft
    Added: 11/15/21, Last Updated: 01/19/22
    Property Type: Single Family
    MLS Number: SB21248712
    Community: Pasadena (NW)
    Status: Conditional


    This delightful home is within walking distance to the Rose Bowl, Brookside Golf course, JPL, and the Hahamongna Watershed Park which offers some of the best hiking trails this area has to offer. The front yard has a beautifully landscaped garden and walkways and enclosed courtyard leading to the front entry. A very private and peaceful setting so perfect for your morning coffee or tea. As you enter the front door into the living room and dining area, you will see the front wing hallway door leading to a full bathroom with two spacious bedrooms. As you continue past the dining area, you enter a well appointed kitchen with plenty of cabinet space and island. Just off the kitchen is the opening to the pantry and laundry area plus a full bathroom and large bedroom. The very large private master suite is situated in the back of the house which has a beautiful views of the lush backyard. The solar panels reduce the utility costs while the central air conditioning and heating system keep the home comfortable year-round, This home can and has plenty of room to accommodate a multi-generational family with comfortable indoor and outdoor living spaces. The casita style covered outdoor kitchen with granite countertops and large patio are perfect for dining and entertaining using the adjacent garage wall for projecting movies, dance videos, and more. Enjoy picking your own oranges, grapefruit, pomegranates, persimmons,, apricots, avocados from your own mini orchard and fresh seasonal produce or just relax and nap under the shade of the grape vines. Also enjoy the the finished shed and small casita style outbuilding for your favorite hobby, storage or extra office space. You can also check out the green house and try out your gardening skills. This home is perfect for a healthy and inviting lifestyle.

    Listed with Jeannie Penner-More CalDRE: 01076415 | 310.259-6570, E Real Estate 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, 19 Jan 2022 14:36:00 +0000: $1,320,000 :: 155 Cordova Street #204, Pasadena CA, 91105 - Pasadena Home Search
    2 beds, 2 baths
    Home size: 2,054 sq ft
    Lot Size: 0 sq ft
    Added: 01/19/22, Last Updated: 01/19/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-7980
    Community: Pasadena (SW)
    Tract: Not Applicable
    Status: Active


    One of the most prestigious single story condominiums in Pasadena, this larger 2 bed unit is a true modern living at its finest. Terra Bella is known for its quality construction and most thought after floor layout for those that demand highest privacy and living comforts. Beautiful upgrades including dark wood flooring, crown molding, custom cabinetry, and window coverings. There are two fireplaces, one in the living room and one in the master suite where also features a large bathroom with separate jacuzzi tub, toilet closet, walk in shower and dual vanity sinks. Other amenities including zoned AC, tankless water heater, indoor laundry hookup, custom walk in closets and built in's. This home is beautiful showcased by a spacious living room, a large & open gourmet kitchen with island, Viking appliances and a separate formal dining room. Enjoy the amenities offered at the roof top with open spaces, swimming pool, gym, cabanas, firepit, and BBQ areas. Only 2 units in each level with fob control accessibility. Conference facilities on ground level that offer lounge area, kitchen/baths for homeowners use. In addition, there are side by side parking #39 & #40, and a private storage. The property is within short distance to Old town, Paseo shopping, Whole Foods, and many great dining and conveniences. This is a rare find luxury condo not to be missed!

    Listed with Jack Chang CalDRE: 01075478 | (626) 440-5100, 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/!


  • Wed, 19 Jan 2022 13:16:00 +0000: $1,299,000 :: 62 N Arroyo Boulevard, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    4 beds, 3 baths
    Home size: 2,832 sq ft
    Lot Size: 85,862 sq ft
    Added: 12/22/21, Last Updated: 01/19/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-7768
    Tract: Not Applicable
    Status: Conditional


    GORGEOUS European townhouse located in the Altos Arroyo gated complex is a private, remodeled end unit. The townhouse features crown molding, large living room with fireplace and high ceilings, formal dining room, wet bar, beautifully upgraded gourmet kitchen with granite countertops, and stainless steel appliances. This beautiful home has 3 beds/3 baths and a den or office. The spacious master suite has a view of Pasadena, a fireplace, walk-in closets, and an upgraded master bath. A private elevator goes from the garage to the living and bedroom floors. In addition, this unit has a private yard/patio. Close proximity to nature trails, parks, Rose Bowl and Aquatics Center, and Old Town Pasadena.

    Listed with Matthew Peters CalDRE: 01984989 | (626) 344-1956, 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/!


  • Wed, 19 Jan 2022 11:54:00 +0000: $799,000 :: 293 OHIO Street #14, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    2 beds, 3 baths
    Home size: 1,294 sq ft
    Lot Size: 18,919 sq ft
    Added: 01/19/22, Last Updated: 01/19/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 22119812
    Community: Pasadena (SE)
    Status: Active


    In the heart of Madison Heights on a quiet street surrounded by mature trees you will find this front facing recently remodeled townhome. Flooded with natural light and vaulted ceilings you get a very expansive sense of space. With glass doors leading out to both patios and an open floor plan the unit really lends itself for entertaining or just enjoying that quintessential indoor/outdoor California lifestyle. Other amenities include two primary suites each boasting their own bath, a powder room on the first floor, fireplace, hardwood floors, 2 car direct access garage with storage and washer and dryer. Minutes to the Gold Line Metro Stop, Rose Bowl, Whole Foods, Old Town Pasadena and the world famous breakfast burritos at Lucky Boy.

    Listed with Joy Bolger CalDRE: 01946243 | 323-708-9156, 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, 19 Jan 2022 11:37:00 +0000: $635,000 :: 1052 SECO Street #205, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    2 beds, 3 baths
    Home size: 1,121 sq ft
    Lot Size: 113,182 sq ft
    Added: 01/18/22, Last Updated: 01/19/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 22119529
    Community: Pasadena (NW)
    Status: Active


    Situated among endless oak and pine trees, this spacious two-story townhome in Pasadena's sought after "Arroyo Creek" gated community is a hidden gem. Upon entering, you're greeted with lush landscaping and will fall in love with the peaceful sounds of a flowing creek and waterfall. This bright and stylish home is accented with an abundance of natural light, a sensible floorplan, and picturesque views from every window. The kitchen features an abundance of storage and counter space along with a breakfast bar. The dining area opens to the spacious living room with fireplace. The large balcony with outdoor storage is perfect for enjoying your peaceful environment. A unique and artistic skylight allows radiant light throughout the entire unit. Upstairs, you'll enjoy the primary bedroom with en-suite, ample storage and closet space, private balcony, and tall vaulted ceilings. Association provides a heated pool and hot tub in a private setting. Ideal Pasadena location near Rose Bowl and Brookside Golf Course, and Old Town's dining and shopping are minutes away. You can have it all in beautiful Arroyo Creek.

    Listed with Melanie L. Lewis CalDRE: 02080213 | 323-593-6999, 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, 19 Jan 2022 09:56:00 +0000: $1,499,000 :: 70 N Craig Avenue, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    4 beds, 4 baths
    Home size: 2,204 sq ft
    Lot Size: 8,503 sq ft
    Added: 10/06/21, Last Updated: 01/19/22
    Property Type: Single Family
    MLS Number: AR21222301
    Community: Pasadena (SE)
    Status: Conditional


    Located in the heart of Pasadena! Meticulously remolded with almost EVERYTHING new! This 4-bedroom house has 4 custom-designed bathrooms! The 3 bathrooms are all inside bedrooms. The master bedroom suite has an additional private office. The bright living room has a designed fireplace, upgraded kitchen includes glass window cabinets, quartz stone on waterfall designed counters, all stainless-steel appliances. Open floor plan connects living room, dining room and Kitchen. The front part of the house has 3 Beds/3 Baths all located on two sides of the hallway; Big skylight at the middle of the hallway brings in lots of natural lights to the hallway, walk through the door at the end of the hallway, you will see the rear part of the house which could be used as a sperate rental home. A decent size family room has its own door goes to the side of house, it has a mini wine bar station, next to the office room you will see the Master bedroom with a new sliding glass door facing the backyard garden; Master bath has a gorgeous custom double sink vanity and shower room with frameless glass door; The outdoor laundry room installed modern sliding glass doors; A bonus room with AC installed next to a detached two-car garage; the oversize garage area could be a good opportunity for building an ADU. New planted beautiful landscaped front yard and back yard; New cement driveway good for RV parking. Walking distance to PCC, Cal-Tech; Move-in ready, TRULY A MUST SEE HOME!

    Listed with Sally Feng CalDRE: 01901997 | 626-545-2795, Starnberg 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/!


  • Wed, 19 Jan 2022 03:44:00 +0000: $825,000 :: 832 Magnolia Avenue #6, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    2 beds, 3 baths
    Home size: 1,356 sq ft
    Lot Size: 20,025 sq ft
    Added: 01/06/22, Last Updated: 01/19/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-7845
    Community: Pasadena (SW)
    Tract: Not Applicable
    Status: Active


    Welcome to one of Pasadena's most beautiful and sought-after neighborhoods--Madison Heights! On a picturesque, tree-lined street, this gorgeous traditional townhome rests in a meticulously maintained complex. Step through the formal entry foyer to find a spacious and inviting living room. Here, a contemporary fireplace warmly welcomes you home! You'll instantly be charmed by the richly toned laminate wood flooring and abundant natural light that easily shines through thanks to the home's numerous large windows. A private patio sits just off the entry and provides a peaceful indoor-outdoor flow while the breezy, open floorplan allows the living room to lead effortlessly into the dining room. A tidy kitchen with ample storage sits nearby. The main level also includes a powder room, perfect for guests, just off the entry. Upstairs boasts two generously sized en suites and a laundry area. Enjoy direct access to a large two-car garage, and close proximity to Whole Foods, Trader Joe's, 110 Freeway, Metro Line, Old Town Pasadena, and the Shops on South Lake. Don't miss your chance to start your next chapter in this beautiful townhome nestled in one of Pasadena's most exquisite neighborhoods!

    Listed with Evangelyn Lin CalDRE: 01817694 | (626) 807-6581, eXp Realty 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/!


  • Tue, 18 Jan 2022 22:36:00 +0000: $2,000,000 :: 1842 E Del Mar Boulevard, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    5 beds, 5 baths
    Home size: 3,000 sq ft
    Lot Size: 7,732 sq ft
    Added: 01/04/22, Last Updated: 01/18/22
    Property Type: Single Family
    MLS Number: OC22001630
    Community: Pasadena (SE)
    The price of this listing was last reduced on 1/18/2022 by 9%
    Status: Active


    This newly reconstructed house is one of the most stylish houses in the area. Rebuild in 2021 with New foundation, driveway, and carport. A newly built fully permitted ADU. Pretty much everything in this house is brand new as if it was built recently.Located steps away from Caltech and Rose Villa Landmark district. This modern bungalow is shining with character and elegance! A privacy hedge offers peaceful seclusion from the street. Open floor plan with gorgeous hardwood floors make it an inviting place for gatherings and parties. A large living room gracefully ties the home's entertaining areas together. At every turn, natural light pours in through numerous sets of large windows. Beyond the dining room, find the upgraded kitchen with counter seating and an extra prep sink. A powder room is conveniently located at the rear. One bedroom en suite is placed on the main level and 3 additional, generously sized bedrooms are located upstairs along with luxurious, updated full bathrooms and a laundry room. A spacious balcony looks out to the gorgeous backyard where you'll find view of city and trees that complete the view of mountain in the horizon.

    Listed with Kaveh Motamedi CalDRE: 02047002 | 888-588-8790, United R. E. Los Angeles


    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, 18 Jan 2022 19:12:00 +0000: $689,000 :: 625 E Del Mar Boulevard #202, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,152 sq ft
    Lot Size: 0 sq ft
    Added: 01/13/22, Last Updated: 01/18/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-7963
    Community: Pasadena (SW)
    Tract: Not Applicable
    Status: Active


    Welcome to this wonderful unit located in the heart of Pasadena. Located in the Beautiful Playhouse District with close proximity to Caltech, Old Town and just a short drive to Downtown Los Angeles. This spacious condo features 2 bedrooms and 2 full baths. This corner unit has a large dining/living room with a fireplace which opens up to the patio overlooking beautiful Del Mar Blvd. Unt includes 2 parking spaces and in-unit laundry.

    Listed with Matthew Peters CalDRE: 01984989 | (626) 344-1956, 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/!


  • Tue, 18 Jan 2022 19:06:00 +0000: $2,190,000 :: 825 Cambridge Court, Pasadena CA, 91107 - Pasadena Home Search
    4 beds, 5 baths
    Home size: 3,448 sq ft
    Lot Size: 7,075 sq ft
    Added: 01/18/22, Last Updated: 01/18/22
    Property Type: Single Family
    MLS Number: TR22010656
    Community: Pasadena (NE)
    Status: Active


    An exceptionally impressive home that is beautifully constructed with outstanding décor, exquisite detailing, superb amenities and quality throughout. Elegant two-story Hastings English with gracious entry. The living room has high ceilings and a double-sided fireplace shared with the formal dining room. There is a second master with walk-in closet downstairs. The upstairs office could be the 5th bedroom. Library with direct access to the front porch. Gourmet kitchen has a center island, butler's pantry, breakfast area and opens to the family room, with garden access. Double-prepped drywall throughout, dual glazed windows and automatic attic fans for increased ventilation are a few of the main highlights.

    Listed with Hueichu Tu CalDRE: 02020605 | 909-628-9100, KW Vision


    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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