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, 15 Apr 2021 14:08:00 +0000: $810,000 :: 3775 Corta Calle Street, Pasadena CA, 91107 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,514 sq ft
Lot Size: 6,534 sq ft
Added: 03/10/21, Last Updated: 04/15/21
Property Type: Single Family
MLS Number: AR21050645
Community: 646 - Pasadena (NE)
Status: Sold
Here is the gem you have been looking for. Priced aggressively for quick sale. The second you walk in 3775 Corta Calle you will notice the potential this home offers and charm. Aside from the 3 bedrooms and 2 baths you cannot help but notice the natural light, refurbished mahogany wood trim throughout, tranquil living room with wood burning fireplace. As a bonus this home offers a basement with a private entrance, Kitchenette hookups and its own restroom. If you are into cars, the garage offers a mechanic pit making servicing your automotive baby a dream or simply use for storage.
Listed with James Trabbie, 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/! - Thu, 15 Apr 2021 11:49:00 +0000: $550,000 :: 1377 Locust Street, Pasadena CA, 91106 - Pasadena - Solds - SFR
2 beds, 2 baths
Home size: 763 sq ft
Lot Size: 2,178 sq ft
Added: 09/29/20, Last Updated: 04/15/21
Property Type: Single Family
MLS Number: BB20205116
Community: 647 - Pasadena (SW)
Status: Sold
The one you have been searching for!! Condo pricing without the HOA! This home's covered front porch invites you in. When you walk through the door you will find a comfy living room with a ton of wall space and separate kitchen that has a ton of potential and space for a bungalow. Further into the home are two very spacious bedrooms both with private en suites. You will be blown away when you walk into the master suite!! Outside there is a nice secluded patio for drinks with friends and family. The detached garage is set up as a recording studio and can be easily turned back into a garage. The zoning of this home is Residential/Commercial so options are abundant!
Listed with MJ Barnett, Media West 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/! - Thu, 15 Apr 2021 10:15:00 +0000: $980,000 :: 1426 N Grand Oaks Avenue, Pasadena CA, 91104 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,898 sq ft
Lot Size: 6,970 sq ft
Added: 05/23/20, Last Updated: 04/15/21
Property Type: Single Family
MLS Number: P0-820001854
Community: 646 - Pasadena (NE)
Tract: Not Applicable - 1007242
Status: Sold
Imagine coming home to this updated 3 bed 2 bath traditional home in the desirable neighborhood of NE Pasadena. This home features an open floor concept. The spacious living room's fireplace boasts a Carrara marble fireplace along with built-in shelves. The European style kitchen is sleek with stainless steel appliances, a wine refrigerator, microwave drawer, and lots of counter space. The dining area features built-ins and plenty of space for an expansive table. Beyond the kitchen is a fabulous den area perfect for entertaining. Feel like eating alfresco and watching the game? Step through your French doors out to your covered gazebo with a built in gas BBQ, gas burner, freezer/refrigerator and a 48'' TV set. This wonderful home features a large master en-suite with an arctic white marble wall fireplace and a walk-in closet. Telecommuting is easy in your office off the garage. The office/bonus room has central air conditioning, a ceramic tile floor and French doors that lead to the outdoor garden. Other features include a brand new roof, new paint, new flooring in the living room, dining area, den and kitchen, skylights, recessed lighting, custom garage cabinets and epoxy flooring and mountain views. Close to hiking trails and eateries. Welcome home!
Listed with Sylvia Vega, 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, 14 Apr 2021 15:45:00 +0000: $1,355,000 :: 1640 Paloma Street, Pasadena CA, 91104 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,656 sq ft
Lot Size: 10,455 sq ft
Added: 03/05/21, Last Updated: 04/14/21
Property Type: Single Family
MLS Number: P1-3630
Community: 646 - Pasadena (NE)
Tract: Other
Status: Sold
An Old Oak tree graces this quintessential craftsman bungalow home resting on a wide street in the North Pasadena Heights Historic Landmark neighborhood.This centennial home (Circa 1921) has been lovingly maintained by the same owner for over 50 years! Exceptional curb appeal with paned windows leads into this 'feel good' home'. Sit on the front porch and view the heavly shaded treelined street and mountain views. Large living room with re-built brick fireplace flanked by built-ins. The spacious formal dining room affords a built-in buffet with original glass fronted doors. The spacious kitchen is light-filled and opens to a den or family room that overlooks and accesses the large rear yard. Two bedrooms offer HW floors and are serviced by a full bath. The En-Suite with a 3/4 bath was built in the 1970's matching the original architectural integrity of the home. The large lot includes an expansive landscaped area with fruit-trees. A two car garage is accessible from Durham, the street behind and offers space for a boat, RV, or both. The home has a basement accessible from the rear with ample storage. Gravity heat services the home with central air from the ceiling; the perfect way to heat and cool a home. Don't miss the opportunity to own a Centennial home that awaits its new owner to put the cosemtic finishing touches to make it their own. Truly a very special property.
Listed with Michael Dilsaver, 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, 14 Apr 2021 15:45:00 +0000: $6,818,000 :: 1485 Lomita Drive, Pasadena CA, 91106 - Pasadena - Solds - SFR
6 beds, 6 baths
Home size: 6,301 sq ft
Lot Size: 34,413 sq ft
Added: 03/19/21, Last Updated: 04/14/21
Property Type: Single Family
MLS Number: P1-3819
Community: 647 - Pasadena (SW)
Tract: Not Applicable
Status: Sold
The Abraham Denman Estate / Lucille W. Luckhardt, architect. As the maiden property on peaceful Lomita Drive, this family estate prominently rises above the street, encompassing over 3/4 acre of nearly flat landscaped grounds and 6,301 sf of living space - featuring the main residence, guest house, expansive lawns, pool/spa, terraces, and outdoor sojourns, as well as a 3-car executive garage. Grand public areas commence with a majestic foyer, flanked by formal living and dining rooms, each with french doors that flow out to brick pavers and lawns. Chef's kitchen with adjoining great lounging room - all leading to the outdoors - provide abundant space for more casual entertaining. Private first-floor bedroom and bath provide for separate guest accommodations. Butler's pantry and bar, separate breakfast room, paneled library with fireplace, powder and laundry room. Exquisite finishes such as de Gournay Chinoiserie papering, custom cabinetry, and millwork throughout. The sweeping staircase leads to the primary wing with spacious bedroom suite, dual walk-in closets and opulent bathroom. In addition to an intimate office with balcony, three guest bedrooms, two baths and service staircase completes the second level. Outdoor entertaining areas include numerous patios, a large swimmers pool with spa and entertaining pavilion. Landscape design by Mark Berry and masonry by Bob Cook. Guest house with bathroom allows for additional visitors or a teen respite from parents.
Listed with George Penner, deasy penner podley
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, 14 Apr 2021 12:43:00 +0000: $2,400,000 :: 685 Magnolia Avenue, Pasadena CA, 91106 - Pasadena - Solds - SFR
4 beds, 3 baths
Home size: 2,455 sq ft
Lot Size: 10,890 sq ft
Added: 02/17/21, Last Updated: 04/14/21
Property Type: Single Family
MLS Number: P1-3386
Community: 648 - Pasadena (SE)
Tract: Not Applicable
Status: Sold
Built in 1912, this quintessential craftsman home is located in the beautiful neighborhood of Madison Heights.The home has been remodeled and expanded with absolute integrity, honoring the original architectural character of the property. A drought tolerant native California garden welcomes you up to a traditional front porch.Entering the home, oak hardwood floors, beautiful windows and doors, crown moldings and baseboards speak to the meticulous craftsmanship found throughout.The living room is light and bright surrounded with windows, built-in bookshelves and a pretty tiled fireplace.The dining room features a decorative fireplace, a built in china cabinet and french doors leading to an outdoor area.The nicely sized kitchen opens to a family room via pocket doors, making this room convertible as a guest bedroom or alternative space.There is a 3/4 bath adjacent to the family room as well as an additional bedroom/office.Pairs of french doors from the family room and office open out to a brick patio, perfect for dinners in the tranquility of the backyard surrounded by old growth trees.The main bedroom is located on the first floor with a beautiful remodeled bath and a large walk-in closet.Upstairs, the second story is filled with light streaming through windows reaching to the top of the high ceilings.Two sunny bedrooms and one bath are located on the second floor.This architectural gem in one of the most desirable neighborhoods is a fantastic example of true Pasadena charm.
Listed with Ted Clark, 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, 14 Apr 2021 11:25:00 +0000: $1,550,000 :: 3745 Don Benito Court, Pasadena CA, 91107 - Pasadena - Solds - SFR
4 beds, 3 baths
Home size: 2,150 sq ft
Lot Size: 10,019 sq ft
Added: 02/26/21, Last Updated: 04/14/21
Property Type: Single Family
MLS Number: AR21034531
Community: 646 - Pasadena (NE)
Status: Sold
Located on a quiet cul-de-sac of only three houses in desirable Upper Hastings Ranch is your new domain on Don Benito Court. Enjoy California indoor outdoor living at its finest. Indoors on a single level are 4 bedrooms, 3 bathrooms, an updated kitchen with breakfast area, dining room open to the living room, marvelous tiled floors, 2 fireplaces, large bathrooms in living space of approximately 2,150SF. The primary bedroom features a generous walk-in closet as well as dual sinks in the bathroom. Outdoors on a large expanse of approximately 9,943SF sits a beautiful sparkling pool with plentiful green lawn off to the side and patio area with room to congregate around the grill. Beautiful planters with fruit trees add to the surroundings. Sports, festivities, splashy events are all possible with the vista of the San Gabriels in the background. Make your new home in Upper Hastings Ranch. As you know, holiday season is legendary around here. This is the opportunity you must seize!
Listed with Susan Stone, 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, 14 Apr 2021 05:43:00 +0000: $850,000 :: 3291 Del Vina Street, Pasadena CA, 91107 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,328 sq ft
Lot Size: 5,663 sq ft
Added: 03/11/21, Last Updated: 04/14/21
Property Type: Single Family
MLS Number: AR21053639
Community: 646 - Pasadena (NE)
Status: Sold
Home sweet home and pride of ownership, located in the most desirable part of Pasadena nearby Hastings Ranch, walking distance to the Gold Line, restaurants, various shopping centers, golf course, hiking trails, etc. Well maintained and cared for bright and cozy home; new duo panel windows thru out, newer roof, central A/C, exterior paint, and bathrooms. The main house features 2 bedrooms and 1 full bath; open living room area, kitchen features granite counter top and updated cabinets, spacious closet space. The guest house/studio which can be used as an ADU unit features ample closet space, 3/4 bath. Laundry and washing in the garage. The barn shed offer additional storage. Spacious backyard great for entertaining with view of the mountain.
Listed with Karen Ku, Karen Ku, 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/! - Wed, 14 Apr 2021 02:29:00 +0000: $878,325 :: 290 E Penn Street, Pasadena CA, 91104 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,677 sq ft
Lot Size: 10,890 sq ft
Added: 02/18/21, Last Updated: 04/14/21
Property Type: Single Family
MLS Number: V1-4029
Community: 646 - Pasadena (NE)
Tract: Other
Status: Sold
Located on a lovely tree-lined charming street, this charming California Craftsman is a great opportunity for Fix and Flip or Fix and Hold Rental.Built in 1923, this spacious 3 bed room, 2 bath has convenient access to the 210 freeway and close to Colorado Blvd & Down Town Pasadena, DTLA and Burbank.This diamond in the rough has a huge, 10,000 sq/ft lot, a pool and a quaint front porch. Property is occupied and occupants are not to be disturbed or contacted underany circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. Please contact the listing agent for biddinginstructions. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property isbeing sold as is. Property is sold through auction. Please contact the listing agent for bidding instructions.
Listed with Chris Johnson, Allison James Estates & Homes
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, 14 Apr 2021 02:29:00 +0000: $1,100,000 :: 1853 N Allen Avenue, Pasadena CA, 91104 - Pasadena - Solds - SFR
3 beds, 3 baths
Home size: 2,165 sq ft
Lot Size: 9,584 sq ft
Added: 03/06/21, Last Updated: 04/14/21
Property Type: Single Family
MLS Number: OC21044421
Community: 646 - Pasadena (NE)
Status: Sold
1928 Spanish bungalow nestled in the foothills of Pasadena-Creativity flows in this artistic home with endless amounts of character and charm-This home is zoned for family living, live-work space and/or rental property-Majestic views of the San Gabriel mountains surround you in This spacious one level, home with outdoor terraces situated on a large 9800 sq ft lot-Living room has 10 ft high ceilings with striking hand-carved wood beams, and original wood flooring-Two oversized arched windows-Historic Batchelder tiles embellish the beautiful living room fireplace, Dining room ceiling has custom hand stamped beams-Generous sized kitchen has separate walk-in pantry-Many windows throughout-One of the three backyard areas is hardscaped and surrounded with lush landscaping , perfect for throwing elegant parties-Each bedroom has its own bath-Third bedroom is a studio apartment - Studio living room has beamed ceilings, gorgeous tiled flooring, and a cozy fireplace-Separate bedroom, large walk-in closet plus full bathroom- Central air ! Studio kitchen has custom black leather granite counters and stainless backsplash and appliances Its very own private entry ! 2 Detached single garages with custom carriage doors-Backyard has a variety of mature trees and tranquility-Included in the back yard is your own tucked away grow space to raise fruits and vegetables-The Details of architecture add beauty to this wonderful custom home-Currently their is an income producing business on property !
Listed with Georgette Mannion, RE/MAX TerraSol
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/!
