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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:

  • Mon, 14 Jul 2025 14:16:00 +0000: $1,128,000 :: 709 E Walnut Street #219, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,003 sq ft
    Lot Size: 41,609 sq ft
    Added: 07/14/25, Last Updated: 07/14/25
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: AR25156163
    Community: 648 - Pasadena (SE)
    Status: Active


    MW Lofts Pasadena represents the pinnacle of modern urban living in one of Southern California's most desirable locations. For sale for the first time, this brand new condominium project features 115 units. Unit 219 is a 2 bedroom, 2 bathroom floor plan with tons of outdoor garden space. The spacious kitchen opens into a great room with an abundance of sunlight. The primary bedroom is en-suite, and laundry is included and in-room. This sophisticated condominium combines cutting-edge design with refined elegance, offering spacious, open-concept floor plans, high-end finishes, and panoramic views of the surrounding city and mountains. Each residence artfully crafted with premium materials and expansive windows that flood the interiors with natural light. Residents of MW Lofts enjoy exclusive amenities, including controlled access, a state of the art fitness center, private rooftop lounge, and terrace, all in close proximity to Pasadena's finest dining, shopping, and cultural landmarks.

    Listed with Ye Han Brazell CalDRE: E | 909-319-0037, Pinnacle Real Estate 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/!


  • Mon, 14 Jul 2025 13:01:00 +0000: $1,250,000 :: 1693 N Los Robles Avenue, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    4 beds, 2 baths
    Home size: 1,857 sq ft
    Lot Size: 8,756 sq ft
    Added: 05/20/25, Last Updated: 07/14/25
    Property Type: Single Family
    MLS Number: PW25112504
    Community: 646 - Pasadena (NE)
    Status: Active


    Step into this beautifully updated 4-bedroom, 2-bathroom Craftsman home, ideally located in one of Pasadena's most vibrant and walkable neighborhoods. Built in 1906 and full of timeless character, this 1,857 sq ft residence offers a thoughtful blend of original charm and modern upgrades. The light-filled layout features large windows, new flooring throughout, and a spacious living area perfect for both relaxing and entertaining. The newer kitchen is designed with both style and functionality in mind, offering updated cabinetry, modern appliances, and generous counter space. Situated on a generous 8,754 sq ft lot, the home includes a private backyard and a detached two-car garage"”ideal for storage, a workshop, or future ADU potential. Enjoy the convenience of being just moments from top-rated schools, local parks, shops, and dining.

    Listed with Sebastian Stofenmacher CalDRE: N | 818-464-5113, Edgestone Real Estate, 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/!


  • Mon, 14 Jul 2025 12:41:00 +0000: $1,575,000 :: 1045 Locust Street, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    2 beds, 1 bath
    Home size: 1,100 sq ft
    Lot Size: 13,635 sq ft
    Added: 07/14/25, Last Updated: 07/14/25
    Property Type: Single Family
    MLS Number: GD25157615
    Community: 645 - Pasadena (NW)
    Status: Active


    Well located land parcel with an existing single family structure on it, approximately 13,630 sq ft of land zoned RM-32 allowing for an abundance of options for the new Owner. Currently on a month-to-month lease this property is ideal for anyone looking to add additional units (ADU'S) to the site, or remodel and improve the existing structure. Buyer and Buyers agent to independently verify the development potential of the site and verify all assumptions through the City of Pasadena. Lot is from Locust on the south to Corson on the North, and located just two blocks from the LA Metro Line and the 210 Freeway, making it an ideal location for easy access to public transportation and local nearby amenities.

    Listed with David Issaians | , Keller Williams R. E. Services


    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/!


  • Mon, 14 Jul 2025 11:42:00 +0000: $3,080,000 :: 3277 Barhite Street, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    4 beds, 3.5 baths
    Home size: 4,311 sq ft
    Lot Size: 19,925 sq ft
    Added: 05/25/25, Last Updated: 07/14/25
    Property Type: Single Family
    MLS Number: OC25106297
    Community: 646 - Pasadena (NE)
    The price of this listing was last reduced on 7/14/2025 by 3%
    Status: Active


    Designed by renowned Architect Syrus Mobayen, this custom built Mediterranean estate spans over 4,300 square feet with 4 bedrooms, 4 baths sited on a nearly half acre lot! Upon entering, you will be greeted with soaring ceilings and the gorgeous marble floors, The sunken living room features a cozy sandstone fireplace, built -in shelving. Luxury grand dining room with marble flooring and newly installed Crystal light. The chef's kitchen is a culinary dream, complete with granite countertops, custom cabinets, Viking stove, built-in microwave, walk-in pantry, wine cooler, breakfast bar, inviting family room with built-in entertainment center. The lavish master suite with sitting area, fireplace, spa tub for two, and walk-in closet with built-ins. A second en suite bedroom features a private balcony with stunning city views, plus two main floor bedrooms. Outside, enjoy resort-like amenities: a sparkling heated pool, BBQ area, Outdoor fireplace, and a tranquil backyard lined with fruit trees and a gazebo. With a three-car garage, newly Soft water system and drink water system, central vacuum, and premium finishes throughout, this home is truly exceptional!

    Listed with Li Guo | 949-293-2819, Pinnacle Real Estate 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/!


  • Mon, 14 Jul 2025 11:42:00 +0000: $1,795,000 :: 110 Glen Summer Road, Pasadena CA, 91105 - Pasadena Home Search
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    2 beds, 1.75 baths
    Home size: 1,753 sq ft
    Lot Size: 6,256 sq ft
    Added: 05/29/25, Last Updated: 07/14/25
    Property Type: Single Family
    MLS Number: P1-22491
    Community: 647 - Pasadena (SW)
    The price of this listing was last reduced on 7/14/2025 by 5%
    Status: Active


    Charming English cottage with easy care yard. Updated kitchen with Viking appliances. Hardwood floors throughout. Living room with handsome fireplace and high ceiling. Newer updated baths with custom tile work.Two bedrooms plus a den off the kitchen. Large formal dining room with loads of natural light. The 2 car garage has a newer three quarter bath , and possibility of converting to an ADU. Pull down attic storage also . The perfect condo alternative.

    Listed with Mark Ogden | 626-484-6424, 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/!


  • Mon, 14 Jul 2025 10:41:00 +0000: $698,000 :: 286 N Madison Avenue #412, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    1 bed, 1.75 baths
    Home size: 1,008 sq ft
    Lot Size: 0 sq ft
    Added: 07/14/25, Last Updated: 07/14/25
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-23207
    Community: 648 - Pasadena (SE)
    Status: Active


    Built in 2003 and located in the popular Madison Walk Condominium complex, this unit is move-in ready. As you approach the unit, there is a lovely front patio perfect for alfresco dining. Upon entering, you'll notice soaring ceilings and a grand staircase leading to the versatile loft area. As you pass through the entryway, the space opens and welcomes you to the expansive great room with views out to a Juliet balcony and towering oak trees. Off the great room, there is a nicely appointed kitchen. The primary bedroom, with a walk-in closet and en-suite bath with dual sinks and a walk-in shower, completes the first floor. At the top of the grand staircase, you will find the loft complete with a full bath, closet, and private patio. This flexible space can be used as a workspace, reading nook, or guest room. The unit comes with two parking spaces (P37), which are tandem. Madison Walk Condominiums is a clean, well-maintained condominium complex with low HOA fees ($299.40), and offers secured access, a common area barbecue area, six guest parking spots, and is steps to everything Pasadena's Play House and Civic Center districts have to offer.

    Listed with Joseph Reed CalDRE: N | 626-437-0887, 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/!


  • Mon, 14 Jul 2025 09:48:00 +0000: $3,490,000 :: 521 Fremont Drive, Pasadena CA, 91103 - Pasadena Home Search
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    5 beds, 4 baths
    Home size: 3,704 sq ft
    Lot Size: 16,980 sq ft
    Added: 04/16/25, Last Updated: 07/14/25
    Property Type: Single Family
    MLS Number: AR25082949
    Community: 645 - Pasadena (NW)
    The price of this listing was last reduced on 6/9/2025 by 8%
    Status: Active


    Tucked into a serene, coveted pocket of Beautiful NW Pasadena, 521 Fremont Drive is a true masterpiece that beautifully blends timeless modern luxuries and organic elegance. Perched away from the street & surrounded by lush landscaping, this thoughtfully crafted 4 bed, 4 bath (+ guest house) refuge delivers the rare sense of privacy & seclusion coupled w/ striking views of greenery & nature all around you. Solid Mahogany doors welcome you in where you will instantly be met w/ peaceful energy & intentional beauty in all directions. Nearly every inch of the property has been meticulously reimagined down to the studs, w/ new systems, hand-crafted finishes & too many special upgrades to list here! The chef's kitchen is a true showpiece that feels like the heartbeat of the home, centered around an oversized island topped in hand-selected Taj Mahal quartzite, a custom-built arched hood, White oak Boxy cabinetry, & luxurious Wolf & Sub-Zero appliances. Hand-crafted spice shelves are nestled within beautiful carved arch niches. Warm White oak hardwood floors flow throughout the home's impeccable layout! The bright open living room features a Venetian plaster fireplace & majestic views of the grounds below. Beyond the four spacious bedrooms & four bathrooms, the home offers a versatile lower level family room / rec room & a separate office that leads to one of the many balconies & continues onto the backyard. Each bathroom is a sanctuary of its own, finished w/ premium vanities & an array of designer tile including honed marble, tumbled stone, & imported Italian porcelain. Every detail"”from the solid brass hardware to the handmade sconces & Carrara marble finishes"”has been curated w/ joy, & thoughtfulness! A separate 1 bed 1 bath guest house is just steps away provides a magical treehouse feel & serves as an ideal retreat for visitors, extended family, or passive income. It features an adorable kitchenette w/ Boxy cabinetry, designer tile-work & quartz countertops & a gorgeous ensuite bathroom! The home's exterior has undergone a full transformation & feels like your own piece of serenity! Custom-built redwood & steel patio railings & fencing complete the property's polished look. Swanky outdoor lighting is provided by high-end brass fixtures & LED railing lights, creating a glow throughout the usable grounds. Direct gated access to the adjacent Brookside park offers a seamless connection to nature & easy access to endless exclusive events at the Rose Bowl.

    Listed with Jessica Romero | 626-414-7464, 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/!


  • Sun, 13 Jul 2025 21:14:00 +0000: $779,000 :: 333 N Hill Avenue #304, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 1,449 sq ft
    Lot Size: 24,677 sq ft
    Added: 04/24/25, Last Updated: 07/13/25
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: PF25087194
    Community: 648 - Pasadena (SE)
    The price of this listing was last reduced on 7/13/2025 by 3%
    Status: Active


    Welcome to this beautifully upgraded Mediterranean-style home offering 1,449 square feet of thoughtfully designed living space in one of Pasadena's most desirable neighborhoods. This 3-bedroom, 3-bathroom residence features two spacious ensuite primary rooms, ideal for flexible living arrangements, guests, or a comfortable work-from-home setup. The open-concept floorplan is filled with natural light and boasts modern upgrades throughout. The stylish kitchen flows seamlessly into the dining and living areas, creating a perfect space for entertaining or relaxing. For added convenience, enjoy in-unit washer and dryer. This home also includes two tandem parking spaces in a secured area, plus additional storage! Ideally located with easy access to freeways and Downtown Los Angeles, and close proximity to Pasadena Community College, local dining, shops, and cultural venues, this home truly has it all. Don't miss this opportunity to own a sophisticated and move-in-ready home in the heart of Pasadena.

    Listed with Michael Chung CalDRE: N | 626-766-0083, Redfin Corporation


    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/!


  • Sun, 13 Jul 2025 14:11:00 +0000: $4,250,000 :: 1241 S Oak Knoll Avenue, Pasadena CA, 91106 - Pasadena Home Search
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    4 beds, 4 baths
    Home size: 3,742 sq ft
    Lot Size: 12,537 sq ft
    Added: 06/19/25, Last Updated: 07/13/25
    Property Type: Single Family
    MLS Number: P1-22810
    Community: 648 - Pasadena (SE)
    Status: Conditional


    //Thomas C Marlow House, Robert D Farquhar, 1922//Originally designed for master builder Thomas C Marlow, who worked with many of the significant architects of the era, when it came time to build his family home, it is telling that Marlow chose AIA Fellow (1919) Robert D Farquhar to design the property. Known both for his landmark residential estates such as the historic Owlwood Estate in Holmby Hills and the Canfield-Moreno Estate in Silver Lake, as well as non-residential: the California Club, the Pentagon and Beverly Hills High School, Farquhar, in scaled down form, showcases the same mastery in creating opulent and stately spaces by executing his elegant and classic style that defined the architect. Possessing all the grandeur and resplendence of the era, and accessed via circular driveway, the impressive English Revival home rests behind two wrought iron driveway gates and privacy hedges. Fully gated, the quiet rear courtyard, pool and gardens possess the same sense of privacy and security as the front. Thoughtfully updated interior preserves Farquhar's balanced flow, with both main and secondary staircases, from larger common rooms to the private areas of the homes. Oversized double-shuttered pane windows allow for natural light throughout. Located in the Oak Knoll neighborhood, close to the Langham, Caltech, and Polytechnic School, the Thomas C Marlow House is a true rarity. Spanning a manageable 3,742 sf, yet designed by one of the leading architects of the era, with the craftsmanship, detail and materials almost exclusively reserved for the palatial estates of the 1920's. //Features// *Circular driveway with two automatic auto-gates. *Four BR's upper level. *Two-car attached garage w/chauffer's quarters w/bath & A/C. *Updated systems, central A/C. *Pool with automatic cover. *Garden room and green house. *Basement and large attic space. *Main and secondary staircases. *Large balcony/patio off primary BR on upper level. *Newly refinished original hardwood flooring.// 'Excellent example of the English Revival style, Robert Farquhar, architect, one of his best in Pasadena.' - Period Revival Architecture in Pasadena, California: 1915-1942.

    Listed with Brent Chang CalDRE: S | 626-487-8100, 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/!


  • Sun, 13 Jul 2025 12:23:00 +0000: $1,788,000 :: 2708 San Marcos Drive, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    4 beds, 4 baths
    Home size: 2,384 sq ft
    Lot Size: 7,188 sq ft
    Added: 07/13/25, Last Updated: 07/13/25
    Property Type: Single Family
    MLS Number: GD25157128
    Community: 648 - Pasadena (SE)
    Status: Active


    This fabulous & welcoming remodeled 4 bedrooms, 3 1/2 Bathrooms home features a formal entrance that leads to a large living room with a fireplace, a formal dining room with beautiful hardwood floors throughout. A new gourmet kitchen with a walk-in pantry and top of the line new appliances that opens to a family room with a fireplace overlooking a beautifully redone heated pool & spa. Two Master Suites with remodeled bathrooms, Two bedrooms with Jack and Jill remodeled bathroom with double sink. Large Walk-in Closet. Brand new Dual Pane windows. Laundry room. Three cars Garage. Solar Panels paid for. An Automatic Driveway Gate with Touch Pad Operation.

    Listed with Andrew Awaida | 818-240-6065, Remax Optima


    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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