Pasadena real estate numbers are out for the month of August. I’ve put together a visual graphic for my clients to provide a quick overview of the real estate market conditions:
Here are some of my observations:
1. This summer has truly been an incredible recovery for many property owners that have taken the plunge and put their home on the market in Pasadena.
2. Multiple offers continued through the summer and are still seen on a daily basis.
3. Inventory is still very low. Banks are holding on to their “shadow inventory” and not releasing many foreclosures.
4. Home buyers have increased their purchase power with the historically low interest rates and many are able to lock in these interest rates long term – 10, 15 and 30 years.
5. Many Pasadena home sellers are beautifully presenting their property by having it professionally staged and many are providing inspection reports to potential buyers.
6. Acceleration Clauses are being strategically used by home buyers and their agents.
Quick statistics:
- 89 homes sold in August and 91 homes were listed.
- Average price of single family home sold in North West Pasadena was $630,000 last month vs. $513,000 same period last year – a 22.8% increase.
- Average price of single family home sold in South West Pasadena was $902,000 last month vs. $1,018,000 same period last year – an 11.4% decrease.
- Average price of single family home sold in North East Pasadena was $569,000 last month vs. $469,000 same period last year – a 22.3% increase.
- Average price of single family home sold in South East Pasadena was $885,000 last mont vs. $1,286,000 same period last year – a 31.2% decrease.
Homes in the lower price range are moving much quicker than higher priced homes. We are definitely seeing a lot more first time home buyers which again speaks to the lower interest rates making it more possible for folks to afford a home and in many cases more financially advantageous than renting.
Interested in more information about Pasadena and surrounding cities, check out our City Guides below:
And, if you are interested in fun activities to do in Pasadena, take a look at our 365 Things To Do in Pasadena® page.
Thinking of selling your San Marino or Pasadena home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Irina Netchaev at (626) 629-8439 to discuss what is happening in today’s Pasadena Real Estate Market.
See all Pasadena Homes that Recently SOLD:
There’s no better way to learn the market. 🙂
- Thu, 12 Sep 2024 16:03:00 +0000: $1,612,000 :: 1829 La Loma Road, Pasadena CA, 91105 - Pasadena - Solds - SFR
2 beds, 1 bath
Home size: 1,107 sq ft
Lot Size: 5,899 sq ft
Added: 07/01/24, Last Updated: 09/12/24
Property Type: Single Family
MLS Number: P1-18149
Community: Pasadena (SW)
Status: Sold
Escape to your own private oasis on a tree-lined street in the coveted San Rafael Hills of West Pasadena, adjacent to on-trend Eagle Rock and Highland Park. Tons of character in this spacious 1940s traditional with an architectural Bay Window and California Craftsman touches everywhere like the handcrafted tile fireplace, built-ins, original peg and groove hardwood floors, crown molding, etc. Thoughtfully designed floor plan with center hall and sizable bathroom. The kitchen features solid Cherry cabinetry, soapstone counters and panoramic windows overlooking the lush tropical gardens. Every day will feel like a resort whether dining alfresco on one of the decks, relaxing in one of the multiple outdoor areas or under the Tahitian palapa nestled among the tropical landscaping. TYou'll be surprised by the amount of extra storage available in the basement, attic and two car garage. Experience the joy of everyday leisure in this one-of-a-kind home.
Listed with Jay Schoenfeldt | (310) 497-8100, Brick and Mortar, 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/! - Thu, 12 Sep 2024 15:55:00 +0000: $1,612,000 :: 1829 La Loma Road, Pasadena CA, 91105 - Pasadena - Solds - SFR
2 beds, 1 bath
Home size: 1,107 sq ft
Lot Size: 5,899 sq ft
Added: 07/01/24, Last Updated: 09/12/24
Property Type: Single Family
MLS Number: 24402095
Community: Pasadena (SW)
Status: Sold
Escape to your own private oasis on a tree-lined street in the coveted San Rafael Hills of west Pasadena, adjacent to on-trend Eagle Rock and Highland Park. Tons of character in this spacious 1940's traditional with an architectural Bay Window and California Craftsman touches everywhere like the handcrafted tile fireplace, built-ins, original peg-and-groove hardwood floors, crown molding, etc. Thoughtfully designed floorplan with center hall and sizable bathroom. The kitchen features solid Cherry cabinetry, soapstone counters and panoramic windows overlooking the lush tropical gardens. Every day will feel like a resort whether dining alfresco on one of the decks, relaxing in one of the multiple outdoor areas or under the Tahitian palapa nestled among the tropical landscaping. You'll be surprised by the amount of extra storage available in the basement, attic and two car garage. Experience the joy of everyday leisure in this one-of-a-kind home.
Listed with Jay Evan Schoenfeldt | 310-497-8100, Brick and Mortar Real 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/! - Thu, 12 Sep 2024 14:35:00 +0000: $1,903,845 :: 2425 Brigden Road, Pasadena CA, 91104 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,991 sq ft
Lot Size: 7,754 sq ft
Added: 08/07/24, Last Updated: 09/12/24
Property Type: Single Family
MLS Number: AR24162291
Community: Pasadena (NW)
Status: Sold
Come fall in love with this thoughtfully renovated 1941 Cape Cod inspired home nestled in the highly coveted Brigden Ranch area. Living is easy with this simple, well-designed floor plan, stylish finishes, and sun-drenched rooms. The living room is open to the dining room and family room. The remodeled, eat in kitchen has new stainless-steel appliances, Quartz countertops, new plumbing, and new tiled backsplash (2024). The bathrooms were completely renovated with custom cabinets, countertops and tile (2018-2020). Other features include refinished hardwood floors, new 200 AMP electrical panel (2024), outdoor natural gas hookup for BBQ, new water heater, and professionally landscaped yard. Close to Eaton Canyon, Victory Park, Vina Vieja dog park, and Pasadena Farmer's market!
Listed with Pamela Heiberg | 626-993-0957, Coldwell Banker 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, 11 Sep 2024 13:23:00 +0000: $978,000 :: 505 W Montana Street, Pasadena CA, 91103 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,090 sq ft
Lot Size: 6,495 sq ft
Added: 08/08/24, Last Updated: 09/11/24
Property Type: Single Family
MLS Number: WS24163655
Community: Pasadena (NW)
Status: Sold
STOP AND CHECK OUT THIS SUPER NICE ELEGANT AND FULLY REMOLDED HOME AT 505 w Montana,City of Pasadena.RESIDING IN HIGH DESIRED AREA OF Pasadena.IT IS 3 BEDROOM 2 BATHROOM.Your first step inside the house will be greeted by open floor plan. Living room with a beautiful huge window. Following that is the luxurious kitchen, stocked with stainless steel appliances; including a brand new range hood, granite countertops, and dazzling wooden cabinets. Connected to the hallway bathroom is an extremely spacious bedroom that contains an elegant wardrobe closet.MASTER BEDROOM HAS ITS OWNE ACCESS TO TH BACK YARD. In the backyard there are huge space for ADU potential. One big fig tree on the corner.Brand new concrete driveway and . Put your offer now on this lovely house before it's SOLD!
Listed with Hanzhi Zhang | 626-587-4866, Wetrust 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, 11 Sep 2024 10:26:00 +0000: $1,560,000 :: 895 La Canada Verdugo Road, Pasadena CA, 91103 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 2,086 sq ft
Lot Size: 9,013 sq ft
Added: 07/10/24, Last Updated: 09/11/24
Property Type: Single Family
MLS Number: PW24139746
Community: Pasadena (NW)
The price of this listing was last reduced on 8/13/2024 by 5%
Status: Sold
This lovely 1951 3/2 home has undergone a total transformation from hidden systems to interior and exterior refresh! You will love the single level floor plan with large living and bedroom spaces. Upon entry you will immediately sense the modern, clean lines with new wood floors, new baseboards, door and window trim, large windows, contemporary lighting, stylish hardware, along with a few selective, thoughtfully retained charming accents for interest. The living room, with it’s picture window, builtin shelving, fireplace and open to a dining area, is spacious with a seamless flow. The kitchen and bathrooms have been remodeled from the ground up with new flooring, custom counters and cabinets, appliances, lighting and fixtures. The kitchen has been reconfigured with an extended counter/island, equipped with two beverage refrigerators, and range hood. The hall bathroom has a sliding barn door, linen closet, separate large shower, stand alone bath, and double sink. The primary bathroom/ensuite has a sitting area with corner windows overlooking the lush backyard, custom oak counters and recessed medicine cabinets with granite top, sleek fixtures and rainfall shower all equal to a high end hotel getaway. All the bedrooms have ample closets and open space for large beds and plenty of furniture without feeling cramped. The interior bedroom has been equipped with a custom door leading to the family room allowing for more light and options. The family room has large windows and sliding door to the patios and lovely, private backyard. This room has plenty of space to create a recreation area, dining options or large entertainment space. For comfort and functionality, the washer and dryer have been moved indoors from the garage, new HVAC system, whole house new electrical system, new copper plumbing, new paint and more. Outside, the expansive 9012 SF lot provides plenty of space for outdoor entertaining, gardening and relaxation. The 2 car garage has a second garage door that opens to the back patio creating some exciting options - band parties, gym, yoga studio. The backyard boasts two seating areas, fruit trees, a grassy area and a tall pine tree providing shade. Tucked in the beautiful foothills of the San Gabriel mountains and located at the juncture of Pasadena, La Canada Flintridge and Altadena, this area is close to so many desirable offerings such as JPL, the Rosebowl, Old Town Pasadena, freeways and it has a quiet, rural feel and hiking trails nearby.
Listed with Shel Downing | 562-283-8107, 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/! - Mon, 09 Sep 2024 17:22:00 +0000: $1,075,000 :: 379 Sierra Madre Villa Avenue, Pasadena CA, 91107 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,267 sq ft
Lot Size: 7,249 sq ft
Added: 08/02/24, Last Updated: 09/09/24
Property Type: Single Family
MLS Number: SR24157350
Community: Pasadena (NE)
Status: Sold
Step into this charming move-in ready home . Located in Northeast Pasadena, this property features central AC and heating, refinished hardwood floors throughout the living areas and two bedrooms. The primary suite has new laminate flooring, a spacious walk-in closet, and an ensuite bathroom. Upgrades include recessed lighting in the living room, recently painted interior and exterior, dual-pane windows, and two new garage doors. The home is equipped with drought-tolerant landscaping, copper plumbing, and a 200-amp electrical panel capable of charging an electric vehicle. Entertain with ease with family and friends in this large backyard, which showcases fruit trees and bonus room. Situated just minutes from popular retailers like Nordstrom Rack, Trader Joe's, and Whole Foods, as well as Eaton Canyon, JPL- NASA, the Metro Gold Line, Old Town Pasadena, and the famous Rose Bowl, this home offers unbeatable convenience and opportunity. Don't miss out on this exceptional property.
Listed with Dulce Gurrola | 323-643-9162, Klovus 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, 08 Sep 2024 10:26:00 +0000: $1,320,000 :: 1031 Del Rey Avenue, Pasadena CA, 91107 - Pasadena - Solds - SFR
2 beds, 1 bath
Home size: 1,354 sq ft
Lot Size: 7,022 sq ft
Added: 07/01/24, Last Updated: 09/08/24
Property Type: Single Family
MLS Number: 224002626
Community: Pasadena (NE)
The price of this listing was last reduced on 7/29/2024 by 13%
Status: Sold
Charming 1925 Spanish Home in Pasadena, California.Step into this completely remodeled gem, a 1925 Spanish home in a highly sought-after Pasadena neighborhood. With 2 bedrooms, 1 bath, and a spacious family room, this home offers endless possibilities for customization. The additional office space is perfect for a bedroom, home office, yoga studio, or potential ADU.The interior boasts refinished original oak hardwood floors throughout and a historically significant Batchelder Fireplace, crafted by the renowned Pasadena artist and educator Ernest Batchelder, a leader in the American Arts and Crafts movement. Plus, there's a formal dining room and a large living room with numerous windows that flood the space with natural light.Enjoy a brand-new kitchen with new cabinets, appliances, a farm-style sink, and a beautifully tiled backsplash. The kitchen floors are newly tiled, and there's new AC throughout the home. Fresh paint inside and out adds a modern touch while maintaining the home's classic charm.Outdoor living is equally impressive with front and rear patios featuring new Saltillo tiles. The huge gated backyard offers plenty of room for a sports court, pool or ADU, making it perfect for entertaining or relaxing in your own private oasis.Don't miss the chance to own this very special home in a desirable neighborhood. Schedule your tour today and experience the unique blend of historic charm and modern amenities!
Listed with Michael Emanuel | (310) 924-2236, 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/! - Sat, 07 Sep 2024 23:30:00 +0000: $1,400,000 :: 2153 Garfias Drive, Pasadena CA, 91104 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,761 sq ft
Lot Size: 7,271 sq ft
Added: 07/16/24, Last Updated: 09/07/24
Property Type: Single Family
MLS Number: P1-18499
Community: Pasadena (NE)
Status: Sold
This exceptional traditional home is a dream come true. The front yard is beautifully landscaped, featuring a dry river bed and drought-tolerant plants. From the inviting front porch, step into a warm, naturally bright, and elegant residence. The living room showcases an impressive stone fireplace, crown molding, and new recessed lighting.The spacious kitchen offers new recessed lighting and faucet, abundant counter space and cabinetry, and a reverse osmosis water filtration system. It seamlessly flows into the dining area and family room, creating an ideal space for entertaining. The family room boasts high ceilings, a stunning new chandelier, and French doors leading directly to the back patio.The primary bedroom suite features a new ceiling light, two expansive customized closets, and direct access to the patio. The meticulously updated primary bathroom includes a spacious shower with seating, a vanity with double sinks, blue tooth connected mirror, designer lights, and an electric bidet toilet seat. A remodeled hallway bathroom features a newer vanity, lights, faucet, mirror, vent fan, and shower faucet. Two additional bedrooms offer new ceiling lights. Abundant storage cabinetry lines the hallway, and a separate laundry room adds convenience.The garage is equipped with a new opener. Additional features include solar panels, a tankless water heater, a water softener, and updated windows. This south-facing home has been freshly painted inside. Located just moments from parks, restaurants, and shopping, this home epitomizes Pasadena living.
Listed with Pei Chang | (626) 922-4268, Berkshire Hathaway Home Servic
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/! - Fri, 06 Sep 2024 18:34:00 +0000: $1,100,000 :: 2407 E Dudley Street, Pasadena CA, 91104 - Pasadena - Solds - SFR
2 beds, 1 bath
Home size: 918 sq ft
Lot Size: 8,138 sq ft
Added: 08/08/24, Last Updated: 09/06/24
Property Type: Single Family
MLS Number: P1-18817
Community: Pasadena (NE)
Status: Sold
Located in the Casa Grande neighborhood of Pasadena, this charming single-story ranch-style home sits on a picturesque tree-lined street. The inviting interior features two bedrooms and a spacious family room with a dining area. Additional amenities include an enclosed outdoor patio/sunroom, an indoor laundry room, central heating and air conditioning, wood floors beneath the carpet, and classic cabinetry and detailing. The fenced backyard offers ample space for entertaining or the potential to build an ADU. The property boasts a generous 62.5-foot-wide lot that is 130 feet deep, totaling approximately 8,125 square feet--imagine the possibilities! A 1-car garage with an automatic roll-up door and a long driveway provide ample parking, with the option to convert the garage into an ADU. This property offers numerous opportunities to reimagine the space and make it your own. Conveniently located north of the 210 freeway, it is close to shopping, dining, and retail options.
Listed with Michael Bell | (626) 796-4100, 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/! - Fri, 06 Sep 2024 15:22:00 +0000: $1,149,000 :: 1191 N Michigan Avenue, Pasadena CA, 91104 - Pasadena - Solds - SFR
2 beds, 1 bath
Home size: 952 sq ft
Lot Size: 8,294 sq ft
Added: 07/18/24, Last Updated: 09/06/24
Property Type: Single Family
MLS Number: P1-18553
Community: Pasadena (NE)
Status: Sold
Nestled on one of Bungalow Heaven's most stunning streets, this charming Craftsman Bungalow boasts great curb appeal with an inviting front porch leading into a cozy two-bedroom home. Inside, you'll discover wood floors in the living and dining rooms, a decorative brick-faced fireplace, and built-in bookshelves alongside a china cabinet. The kitchen includes shaker-style cabinetry, slate-style flooring, beadboard, and a subway tile backsplash. The spacious bathroom highlights period details, including a clawfoot tub and octagonal accent tiles. A large laundry room with storage and a den, not included in the square footage, adds useful extra space to the floor plan. The beautiful landscaped backyard, featuring multiple entertainment areas, will captivate you. Enjoy living in this Pasadena's historic Bungalow Heaven character-filled home!
Listed with Nicholas Frias | (626) 788-1021, Coldwell Banker 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/!
