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. 🙂
- Tue, 26 Oct 2021 21:39:00 +0000: $2,720,000 :: 625 Rockwood Road, Pasadena CA, 91105 - Pasadena - Solds - SFR
4 beds, 4 baths
Home size: 2,963 sq ft
Lot Size: 28,314 sq ft
Added: 08/22/21, Last Updated: 10/26/21
Property Type: Single Family
MLS Number: EV21183801
Community: Pasadena (SW)
Status: Sold
Great potential to remake this single story pool home on a street to street lot nestled among large estates, just two short blocks from San Rafael Avenue in Pasadena's lush South Arroyo environment. Easy to work with floor plan offers single level room for expansion of kitchen, living space, entry and master bathroom. Plenty of large sliding windows in the living room, dining room, den and master bedroom with access to the gorgeous pool and deep back yard. Ample room for a guest unit or cabana and more since much of the 28,000 square foot gently upward sloping lot is usable. Lot narrows as it approaches Hillside Terrace to the west. Assessor states 2,963 square feet of living space with four bedrooms and three bathrooms, however, the home has four bathrooms. Three nicely sized en suite bedrooms on one side of home plus one modest sized bedroom with adjacent bathroom and easy access to the pool at the other end of the home. First time on the market since 1971, this cul de sac property is surrounded by mature trees and abundant foliage and is minutes away from Old Town Pasadena, the Rose Bowl and Aquatic Center, freeways, parks, farmers market, local dining and more. A very wide frontage wraps around a large neighboring estate and provides for a circular drive plus driveway to an attached two car garage with direct access to home. Overall parking for up to 15 cars on the property including three guest parking spaces steps away from the front door. Buyer to verify the feasibility of any suggested or desired improvements with the City. Fantastic opportunity to redevelop and enjoy the amazing surroundings anchored by multi-acre estates in one of Pasadena's finest neighborhoods.
Listed with JOHN MOORADIAN, JOHN MOORADIAN 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/! - Tue, 26 Oct 2021 19:55:00 +0000: $1,740,000 :: 1620 Knollwood Drive, Pasadena CA, 91103 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,931 sq ft
Lot Size: 10,455 sq ft
Added: 08/09/21, Last Updated: 10/26/21
Property Type: Single Family
MLS Number: P1-6715
Community: Pasadena (NW)
Tract: Other
Status: Sold
This stunning mid-century ranch-style home delights with walls of glass to soak in the mountain views and private backyard. Designed by Edwin R. Cleaveland and located in the sought-after Linda Vista neighborhood, this 3 bedroom, 2 bathroom property boasts fresh paint inside and out, as well as new landscaping. The large lot, attractive backyard (with an outdoor fireplace), and privacy are all top-notch. Plus, an upgraded sewer line and an expansive basement are simply added cherries on top. Relax in the hills above the Rose Bowl and enjoy great proximity to Old Town Pasadena, rife with fantastic shopping and dining options. Additionally, this home is minutes away from the Art Center College of Design, the Rose Bowl Aquatics Center, Kidspace Museum, and both Glendale and La Canada. Explore the great outdoors with countless great hiking and biking trails in this very dog-friendly neighborhood.The website can be found at https://1620knollwooddrive.mycirclevisions.com/mls
Listed with Janette Emamian, 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/! - Tue, 26 Oct 2021 16:12:00 +0000: $1,353,000 :: 1387 Cheviotdale Drive, Pasadena CA, 91105 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,298 sq ft
Lot Size: 6,099 sq ft
Added: 09/17/21, Last Updated: 10/26/21
Property Type: Single Family
MLS Number: 21784228
Community: Pasadena (SW)
Status: Sold
Tucked away in a tranquil part of the exclusive San Rafael Hills neighborhood, welcomes you to explore this lovely traditional-style home. This move-in-ready home has alluring curb appeal and is elevated above the street. Featuring 3 spacious bedrooms and 2 bathrooms. Beautiful crown moldings, plantation shutters, and hardwood floors the color of poured honey throughout. The living space is bathed in natural light, thanks to the beautiful french windows that offer treetop and mountain views. Walk through the windowed kitchen featuring top-of-the-line appliances with a chic built-in desk space adjacent to the laundry area. A terraced outdoor entertaining area with lemon and orange trees, perfect for dinner parties! Minutes to downtown LA, Highland Park, Old Town Pasadena, Glendale, and Burbank studios.
Listed with Jackie Smith, 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/! - Tue, 26 Oct 2021 10:28:00 +0000: $1,150,000 :: 1755 Oakwood Street, Pasadena CA, 91104 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,758 sq ft
Lot Size: 9,148 sq ft
Added: 07/06/21, Last Updated: 10/26/21
Property Type: Single Family
MLS Number: SB21146830
Community: Pasadena (NE)
The price of this listing was last reduced on 8/29/2021 by 4%
Status: Sold
Favorably located off of Allen and above Washington, the house enjoys a quiet neighborhood. Being newly built in 2007, it features gorgeous wood bamboo flooring and a simple, intuitive floorplan with lots of sunlight. A spacious gourmet kitchen with plenty of counter top space and a large center island. Standard/Regular sale, newer house constructed in year 2007. Spacious 1758 sq. ft. 3 bedrooms + 2 full baths and an office in excellent condition, sitting on a large flat rectangular shape lot, with plenty of space to add a pool or a guest house.
Listed with Matthew Pernice, Palm Realty Boutique, 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, 25 Oct 2021 18:36:00 +0000: $1,300,000 :: 705 Rim Road, Pasadena CA, 91107 - Pasadena - Solds - SFR
2 beds, 3 baths
Home size: 2,461 sq ft
Lot Size: 12,633 sq ft
Added: 09/22/21, Last Updated: 10/25/21
Property Type: Single Family
MLS Number: CV21209479
Community: Pasadena (NW)
Status: Sold
fixer , ready to be flipped ... PRIME LOCATION..more photos coming soon
Listed with CESAR GOMEZ, RE/MAX TOP PRODUCERS
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, 22 Oct 2021 14:52:00 +0000: $1,130,000 :: 450 Elmwood Drive, Pasadena CA, 91105 - Pasadena - Solds - SFR
3 beds, 3 baths
Home size: 2,114 sq ft
Lot Size: 3,485 sq ft
Added: 07/27/21, Last Updated: 10/22/21
Property Type: Single Family
MLS Number: PF21164473
Community: Pasadena (SW)
The price of this listing was last reduced on 9/15/2021 by 4%
Status: Sold
Stunning Mediterranean home in desired San Rafael Hills area of Pasadena. This 3 bedroom, 2.5 bath home has a great layout perfect for entertaining. Enter the spacious living area with high ceilings, travertine floors, gas fireplace, built-ins and access to a large balcony. Large kitchen features ceramic tile floors, stainless steel appliances and a breakfast bar that opens to the family room/den. You can access the side and backyard through French Doors from the family room/den. Move your way up to the top floor where you will find a large Primary bedroom with a walk-in closet, vaulted ceilings, updated primary bathroom with separate tub and separate walk-in shower. Access the quaint backyard through French doors and stairs. 2 more bedrooms with ample closet space and lots of natural light. Backyard offers a built-in BBQ area and island. Some of the great features include: professional water softener throughout entire home, water purifier in kitchen, all bathrooms remodeled, updated kitchen with high-end stainless steel appliances, updated lighting and fixtures throughout, custom closets throughout and custom cabinetry in garage, custom designed security gate and entry, built-in surround sound speakers in living room with entertainment center, custom-built office/shelves in 3rd bedroom, custom recessed lighting and chandelier in primary bedroom and much more! Within close proximity to Old Town Pasadena, Downtown LA, shopping, entertainment, eateries, 210 and 110 freeways! Move-in ready and a MUST SEE!
Listed with Sylva Khayalian, 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/! - Fri, 22 Oct 2021 14:36:00 +0000: $1,910,000 :: 615 Brightside Lane, Pasadena CA, 91107 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 2,415 sq ft
Lot Size: 12,633 sq ft
Added: 08/26/21, Last Updated: 10/22/21
Property Type: Single Family
MLS Number: WS21191765
Community: Pasadena (SE)
The price of this listing was last increased on 9/20/2021 by 43%
Status: Sold
Cul-de-sac, check. Curb appeal, check. Swimming pool, check. This updated single-story, mid-century bungalow has so much to offer. Located in a gorgeous neighborhood of Southeast Pasadena, neighboring the coveted Chapman Woods, this gem features landscaped planter beds and a paver-stone driveway with remote-operated gate entry. The interior offers engineered hardwood floors, contemporary loop carpet, recessed lights, surround-sound speakers, two updated fireplaces, full security system, original built-ins, and plenty of storage throughout. The bright and airy remodeled kitchen boasts a lovely garden window, top-of-the-line stainless steel appliances, built-in refrigerator, pantry, and a spacious island with plenty of space for storage. The formal dining room and kitchen offers french-door access to the charming backyard with it’s lush lemon trees, palm trees, healthy green foliage and flowers. Gorgeous Arbel stone pavers and a built-in stucco fireplace create the ideal space for year-round backyard entertaining. Enjoy the picturesque backyard while floating in the stone lined heated swimming pool which is surrounded by a removable safety fence. Back inside, the three bedrooms are located on the east side of the home, with the primary suite featuring a custom tile shower, contemporary bathroom vanity with a top-mount sink, and closet lined with shelves. The two bedrooms each have a spacious closet with built-in shelves and drawers and share an updated hallway bathroom complete with dual sinks, a shower, and a separate soaking tub. Other features include a new energy efficient 3-zone central air conditioning system and a 2-car attached garage with tall cabinets. The location is unbeatable - a short distance from schools, parks, as well as many shopping and dining options.
Listed with RAYMOND TSAI, KELLER WILLIAMS SIGNATURE RLTY
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, 22 Oct 2021 10:28:00 +0000: $1,290,000 :: 701 W Holly Street, Pasadena CA, 91105 - Pasadena - Solds - SFR
3 beds, 3 baths
Home size: 2,416 sq ft
Lot Size: 10,455 sq ft
Added: 05/05/21, Last Updated: 10/22/21
Property Type: Single Family
MLS Number: WS21096340
Community: Pasadena (NW)
Status: Sold
A Beautiful home in the prestigious neighborhood of Pasadena. The original details include: a Batchelder tile Fireplace in the living room, arched doorways, a gracious dining room, breakfast nook and pantry, a library sitting area, and French doors that lead to a spacious patio for dining al fresco. There are 3 bedrooms , 2 baths on the third level and a den/office and powder room located off the entry on the first floor. Easy access to shops, local parks, the Rose Bowl Aquatics Center and the Norton Simon Museum. Schedule your private viewing of this magnificent home today!
Listed with TIANYI SUN, Your Home Sold Guaranteed Rlty
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, 21 Oct 2021 07:47:00 +0000: $720,000 :: 3425 E Green Street, Pasadena CA, 91107 - Pasadena - Solds - SFR
2 beds, 2 baths
Home size: 1,096 sq ft
Lot Size: 7,841 sq ft
Added: 08/12/21, Last Updated: 10/21/21
Property Type: Single Family
MLS Number: AR21178082
Community: Pasadena (SE)
The price of this listing was last reduced on 8/30/2021 by 6%
Status: Sold
A tidy well-kept 2 bedroom 1.75 bath home with a backyard suitable for parking cars or trucks. Three-car garage, with attic space above one garage, a work shed, a separate office with private entry, on a quiet cul-de-sac. Has its own laundry room with 3/4 bath. South of Colorado Blvd., close to shopping, transportation, restaurants, and more, yet removed from the hustle-bustle for quiet living. The house located in the county section of east Pasadena, comes with 200 amp service, a small basement, manicured lawn front and back and a distant view of the San Gabriels.
Listed with Greg Prout, Pacific Realty Center
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, 20 Oct 2021 16:12:00 +0000: $850,000 :: 1773 Walworth Avenue, Pasadena CA, 91104 - Pasadena - Solds - SFR
2 beds, 1 bath
Home size: 930 sq ft
Lot Size: 10,890 sq ft
Added: 07/20/21, Last Updated: 10/20/21
Property Type: Single Family
MLS Number: AR21158982
Community: Pasadena (NE)
Status: Sold
CUTE AS A BUTTON this is NOT your cookie cutter tract home. This neighborhood has flavors of all kinds. Traditional, Spanish, Bungalow, Craftsman. Yours is a 2 bed 1 bath Dundee Heights Craftsman FULL of CHARM and waiting for YOU to come make it your own. Incredible opportunity and priced to inspire. Don't miss out. Imagine those summer evenings sitting on your front porch swing watching the world go by. The potential is endless. Situated strategically on an oversized lot with abundance of parking on long side driveway. Step off the porch and into the living room with fireplace. Included is a formal dining room with classic built in china cabinets. Light bright kitchen. Wainscotting. Some Hardwood floors underneath carpet. Out back welcomes your imagination. ADU? Workshop/Studio/Pool? Home has Central Heat and Air. Located in North East Pasadena. Within less than 5 miles you will find beautiful Churches, Old town Pasadena, Kids Space Museum and the Rose Bowl Stadium.
Listed with Patricia Billings, Century 21 Masters
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/!
