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. 🙂
- Sat, 04 Feb 2023 09:12:00 +0000: $935,000 :: 2734 Morningside Street, Pasadena CA, 91107 - Pasadena - Solds - SFR
3 beds, 1 bath
Home size: 1,320 sq ft
Lot Size: 9,797 sq ft
Added: 01/06/23, Last Updated: 02/04/23
Property Type: Single Family
MLS Number: GD23002578
Community: Pasadena (SE)
Status: Sold
Welcome to this bright, beautiful home in Southeast Pasadena, sited on a generous 9,735 square foot lot. This property offers endless opportunities on one of the largest lots in the area. Come up the walkway into the welcoming entryway, which opens up to the living room and spacious dining area adjacent to the kitchen. The home features original hardwood flooring in most areas and a fireplace in the living room as you walk in. The sliding doors in the dining area will take you to a beautiful, open backyard with a detached 400 square-foot garage and an extensive backyard. The backyard boasts enough space for any new additions or ADUs. The property is near many shopping centers in the Hastings Ranch area.
Listed with Arman Davidagayan | 818-572-1980, Strategic Estates 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/! - Fri, 03 Feb 2023 19:29:00 +0000: $670,000 :: 811 N El Molino Avenue, Pasadena CA, 91104 - Pasadena - Solds - SFR
4 beds, 1 bath
Home size: 1,258 sq ft
Lot Size: 5,607 sq ft
Added: 08/25/22, Last Updated: 02/03/23
Property Type: Single Family
MLS Number: SR22187342
Community: Pasadena (NE)
The price of this listing was last reduced on 11/25/2022 by 0%
Status: Sold
A great live-in /investment opportunity to own this single story home. Craftsman style covered front porch. Living room with fireplace, crown molding, and ceiling fan. It opens to a huge formal dining room with a chandelier, gorgeous wainscoting panels, and built-ins. The kitchen has granite counters, and tile flooring. There is plenty of room to expand the kitchen into the large dining room. The adjacent large laundry room may also have space for a 2nd bathroom. It also leads down into the storage basement. The rear 2 bedrooms each have private entrances that may be converted into one master bedroom with a 2nd bath, an attached ADU/Guest house/In-Law quarters or office space. Potential for additional rental income, AirBnB/short term rental, or family or guests. There is a 2 car covered carport in the rear. Corner lot location with space for further expansion. Great neighborhood! Located minutes from the Rose Bowl, shopping /dining on Colorado Blvd, Pasadena City College, JPL, and parks and hiking trails. Fix up / Rehab financing may be available.
Listed with Barry Green | 818-933-3100, Pinnacle Estate Properties, 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, 03 Feb 2023 19:14:00 +0000: $1,300,000 :: 3890 Landfair Road, Pasadena CA, 91107 - Pasadena - Solds - SFR
3 beds, 3 baths
Home size: 1,570 sq ft
Lot Size: 11,544 sq ft
Added: 01/04/23, Last Updated: 02/03/23
Property Type: Single Family
MLS Number: P1-12249
Community: Pasadena (NE)
Status: Sold
Come find this beautifully renovated mid-century traditional home by Maverick Design in the ever desirable lower Hastings Ranch neighborhood. Situated on a large corner lot and facing the impressive San Gabriel Mountains, this home has a terrific mix of style, function and location. Gleaming hardwood floors greet you at the entrance and sprawl throughout the majority of the living spaces. An open and inviting living room is anchored by a handsome fireplace and acts as the central hub for the home. The completely transformed kitchen comes with a massive calacatta marble peninsula, stainless steel appliance package and stylish cabinetry and fixtures. Additionally there is an adjacent dining area which leads out to the covered rear patio as well as the expansive and fully fenced in rear yard. Three large bedrooms including a primary ensuite, three gorgeous new bathrooms and a separate laundry room complete the functional living space. With concrete tile roof, 200 AMP electrical service and central AC/heat you will be living in efficient comfort for years to come!
Listed with Matthew Helganz | (626) 354-2813, Meridian Capital 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, 01 Feb 2023 14:44:00 +0000: $2,825,000 :: 1407 Glen Oaks Boulevard, Pasadena CA, 91105 - Pasadena - Solds - SFR
4 beds, 4 baths
Home size: 3,519 sq ft
Lot Size: 26,341 sq ft
Added: 10/19/22, Last Updated: 02/01/23
Property Type: Single Family
MLS Number: P1-11664
Community: Pasadena (NW)
Status: Sold
Once in a while a very special home becomes available and makes dreams come true! Offering sensational panoramic views of the San Gabriel valley & mountains as well as the Los Angeles skyline, this modern Spanish stunner is perched in the highly desirable San Rafael hills. Laced with rose bushes and meticulously maintained boxwoods, a peaceful, enclosed front garden welcomes guests to an oasis away from the city. One is greeted in the foyer to a spectacular scenery with an open layout and expansive windows throughout. An elegant sunken formal living and dining draw guests past a dramatic circular staircase. Enjoy the breathtaking sights while entertaining guests in the indoor-outdoor great room & spacious patio. An intimate sitting area extends from the living room to offer a music or media haven. Double sets of glass doors spread to a Saltillo tile-lined circular patio where one may sit in the clouds, enjoying a sweeping aerial vista--perfect to spectate firework events at the Rose Bowl. Experience a majestic ambiance with morning coffee and brunch from the quaint patio areas off the magnificent modern kitchen. A culinary connoisseur's delight, the kitchen is fully equipped with a professional stove with double ovens, a walk-in pantry, upgraded quartz countertops and splash. On the second level, indulge in mountain and city views in the secluded primary suite with a pampering ensuite bath, and an extra connecting lounge, study, or bedroom. In separate wings on the first level are two richly appointed bedrooms with ensuites and amazing sights. Invite a guest or mother-in-law for a stay to enjoy the cityscape in a very private bedroom suite with its own adjoining living area. Don't miss this unique opportunity to own an exquisite home that was custom built to entertain and nurture!
Listed with Dianne Tu | (323) 432-0719, 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, 01 Feb 2023 12:43:00 +0000: $2,025,000 :: 745 Linda Vista Avenue, Pasadena CA, 91103 - Pasadena - Solds - SFR
5 beds, 3 baths
Home size: 2,372 sq ft
Lot Size: 16,061 sq ft
Added: 11/10/22, Last Updated: 02/01/23
Property Type: Single Family
MLS Number: SR22239273
Community: Pasadena (NW)
Status: Sold
Creme de la Creme of neighborhoods in Northwest Pasadena within close proximity to the Rose Bowl! Tucked away off tree lined Linda Vista behind a wrought iron automatic gated entrance with brick columns, you will find this inviting one level ranch home featuring almost 2,400 sf of living space, 5 bedrooms & 3 baths. The entry has a generous concrete driveway and parking that lead to a custom rustic wood garage door & front door entry. Front yard has twin oak trees & lush green landscape abound! The exterior and interior have been freshly painted. The black oak finish hardwood floors give the home a classic updated appeal. The foyer is spacious with plenty of room for a sizeable hall tree or even an upright piano. The living room features a decorative fireplace, & recessed lighting, the formal dining room has a great black chandelier, custom French doors plus additional side doors that lead to the backyard patio. The adjacent chef's kitchen comes complete with stainless steel appliances including a commercial style cooktop with four burners and grill, vent hood, double wall ovens, & GE commercial style built in refrigerator, newly installed pull down kitchen faucet & purified water dispenser, abundant cabinet space, stone countertops & tile backsplash, a huge center island w/ bar seating & pendant lighting. This home has a 'split wing' floor plan the right wing has a *media room/office or additional bedroom once you add a closet, an additional bedroom, full hall bath, & direct garage access with epoxy floor finish. The left wing off the living room has hall access to two additional secondary bedrooms & the main bedroom suite w/ wood floors, slider door access to private patio, & original French door leading to the backyard patio, multiple wall closets, including an additional shuttered one in the main spa bath! Beautiful stone tile throughout with an oversized shower, jetted soaking tub, double vanity sink, & recessed lighting. Both hall baths features a vanity cabinet with shutter doors & stone counter tops! Nest thermostat keeps the house at a comfortable temperature. All tastefully updated throughout including newer neutral loop carpet in all bedrooms except the main bedroom suite. The tiered backyard would be a magical location for an intimate wedding or dinner party under the marketplace lights. The upper level could be a great place for a garden to table dining experience! Further up the hill is an observation deck with Rose Bowl & mountain views!
Listed with Carol Anderson | 661-702-4747, RE/MAX of Valencia
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, 31 Jan 2023 18:10:00 +0000: $1,221,000 :: 3595 Hampton Road, Pasadena CA, 91107 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,283 sq ft
Lot Size: 12,302 sq ft
Added: 12/07/22, Last Updated: 01/31/23
Property Type: Single Family
MLS Number: BB22252263
Community: Pasadena (NW)
Status: Sold
Charming Lower Hastings Ranch Single Story Home! This lovely Mid-Century Ranch Style Home Nestled on one of the coveted, tree-lined streets in Lower Hastings Ranch, this lovely Mid-Century Ranch Style Home has been newly updated and renovated. The sparkling new kitchen provides a galley style with ample cabinet and counter space. White cabinetry and stainless steel appliance add a contemporary flare. Two renovated baths and fresh paint and new flooring make this update complete. The oversized, park-like backyard is secluded and private. Just behind the lush landscape is the beautiful San Gabriel Mountain Range. Just a short drive from the infamous Old Town Pasadena, and in close proximity to Cal Tech, JPL, and the Rose Bowl, come see what this Pasadena charmer offers. It may be the perfect place for you to call HOME!
Listed with Karen Ulloa | 877-973-3346, 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/! - Tue, 31 Jan 2023 15:03:00 +0000: $825,000 :: 1726 El Sereno Avenue, Pasadena CA, 91103 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,100 sq ft
Lot Size: 10,995 sq ft
Added: 10/04/22, Last Updated: 01/31/23
Property Type: Single Family
MLS Number: SR22211291
Community: Pasadena (NW)
Status: Sold
Rare Pasadena opportunity! Huge rectangular 10,994 square foot lot on a beautiful interior street! Looking for all cash buyers or a buyer with a loan that can accept the condition of the house. 1,100 square foot house! Plus a workshop and garage! The long concrete driveway leads all the way to the backyard. Take a look around this beautiful neighborhood and see all of the beautiful homes!
Listed with Daniel Ross | 818-678-0247, Pinnacle Estate 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/! - Tue, 31 Jan 2023 12:28:00 +0000: $4,100,000 :: 130 Patrician Way, Pasadena CA, 91105 - Pasadena - Solds - SFR
3 beds, 5 baths
Home size: 3,642 sq ft
Lot Size: 35,106 sq ft
Added: 11/15/22, Last Updated: 01/31/23
Property Type: Single Family
MLS Number: P1-11994
Community: Pasadena (NW)
Status: Sold
Welcome to this very special, newly remodeled home overlooking Annandale Golf Club. You will enjoy panoramic views of the San Gabriel Mountains and city lights in the evenings. This mostly single level, mid-century residence lends itself to indoor/outdoor Southern California living and entertaining. A beautifully designed wooden gate leads you down the driveway to a motor court. A generous sized lot of .81 acres/35,104 square feet offers ample outdoor spaces for pure enjoyment. Features of the home include a generous sized formal living room and dining area with an arctic white ledger stone fireplace and floor to ceiling La Cantina, eight panel bifold glass doors. These impressive doors showcase the infinity pool and spa along with expansive golf course and city views. The gourmet kitchen contains a generous center island and can accommodate five barstools and is adorned with granite counters. Nearby the island is a granite topped bar, with glass cabinets above and wine refrigerator. The spacious family room is open to the kitchen with tall cathedral ceilings and provides amazing views. Adjacent to the living room is an attractive office with a fireplace and glass doors letting in natural light and amazing views. The recently remodeled primary suite with french doors leads you out to the pool, spa and fire pit. The primary suite offers an impressive custom closet and a wonderfully appointed spa like bathroom experience. There are dual sinks and vanity, a walk-in shower with a rainfall, handheld and traditional shower nozzle. You will enjoy the stand alone soaking tub, which has its own fabulous vistas. An additional en suite bedroom completes the south wing of the home. Adjacent to the kitchen you will find direct garage access, a remodeled guest/pool bath with outdoor access, and a staircase leading to the private upstairs en suite guest bedroom. Accessible from the attached garage is the large laundry room where you'll find a custom dog wash, separate golfer's closet and storage cabinets. The wrap-around terrace includes a gourmet barbecue, outdoor sink and refrigerator. The lower yard is optimal for relaxation, entertaining and gardening. This unique property is one of only a few homes directly on Annandale's coveted golf course with direct access to the upper driving range and putting green. This sophisticated property is close to Old Town Pasadena, the Rose Parade route, Rose Bowl Stadium and offers ease of access to multiple freeways.
Listed with Jean Garr-Roddy | (626) 862-0620, 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, 31 Jan 2023 12:14:00 +0000: $2,203,500 :: 990 Atchison Street, Pasadena CA, 91104 - Pasadena - Solds - SFR
4 beds, 3 baths
Home size: 3,371 sq ft
Lot Size: 18,487 sq ft
Added: 11/01/22, Last Updated: 01/31/23
Property Type: Single Family
MLS Number: P1-11856
Community: Pasadena (NE)
The price of this listing was last reduced on 12/1/2022 by 4%
Status: Sold
After purchasing a large parcel on Atchison Street in early 1913, the Ludlow family commissioned the prominent Pasadena design and build firm Foss Designing and Building Company to construct a Prairie-style home, a popular style in their hometown of Chicago. When the home was completed later that year, it was a great example of the symmetrical Prairie design with its horizontal massing, stucco walls, bands of casement and fixed windows, hipped composition roof, deep eaves, and full-width front porch. For over a century, the 'J. Wyman Ludlow House' has served its occupants well and is a wonderful opportunity for a very fortunate buyer to own a piece of Pasadena history.The 3,371 square foot two-story floor plan includes 4 bedrooms, an office, and 3 bathrooms on an impressive 18,488 square foot lot. Entering the home through the large, covered front porch, the living room is charming with leaded casement windows, recessed lighting, a fireplace, and built-in bookcases. The formal dining room, kitchen, family room, remodeled 3/4 bathroom, and staircase to the bedrooms are off the main hallway. The dining area features another large casement window with two flanking French windows, base and crown moldings, two pendant light fixtures, and recessed lights. Designed in a 1950's style, the kitchen features retro appliances, checkered flooring, and a breakfast bar. The space opens into the large family room, which offers recessed lighting, another fireplace, and an office area. Upstairs are all 4 bedrooms and 2 additional bathrooms. The primary bedroom features multiple windows, hardwood flooring, a vaulted ceiling, and views of the San Gabriel mountains. The two east-facing bedrooms are nicely sized, with a full bathroom in between. The rear room can be used as an office or bedroom and includes several newer windows with views of the backyard below. The grounds are quite amazing. The front yard is beautifully appointed, with a walkway lined with Rose bushes, multiple landscaped planters, and large, mature trees. The rear yard includes a large grassy area, wood deck, standalone pergola, built-in barbeque, and heated pool. Additional features of note are a detached garage, retrofitted foundation, upgraded plumbing, dual HVAC units, newer flooring, a short distance to Old Town Pasadena, the Rose Bowl Complex, and multiple hiking trails.The 'J. Wyman Ludlow House' is truly one-of-a-kind.
Listed with Jeremy Hardy | (626) 622-1537, Craig Estates and Fine 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/! - Mon, 30 Jan 2023 15:42:00 +0000: $1,275,000 :: 2089 E Mountain Street, Pasadena CA, 91104 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,366 sq ft
Lot Size: 7,096 sq ft
Added: 12/02/22, Last Updated: 01/30/23
Property Type: Single Family
MLS Number: CV22247398
Community: Pasadena (NE)
The price of this listing was last increased on 12/16/2022 by 3%
Status: Sold
A magical place awaits. Welcome to the Storybook Tudor architecture of 2089 E. Mountain Street. Built in 1929 and one of the four original homes on the block, this delightful home has only had three owners in its 90-year lifespan. The first time on the market in over 50 years, the original front door with original hardware opens into the warm and inviting living room with original brick fireplace with the original adjacent wood box. The red oak hardwood floors are also original throughout the house, as are the plaster walls with the gorgeous and original “Spanish Lace” finish. The dining room is bright and light and take special note of the original double-doors leading into a newly remodeled kitchen with newer Viking stove and Subzero refrigerator. New quartzite counters and subway tile make for period appropriate yet modern features that include an eat-in bar. Brand new single basin stainless steel sink, newly painted cabinets with new hardware finish the look. Enjoy three nice-sized bedrooms, all with original glass windows and cedar closets. Both bathrooms have been completely remodeled with quartz counters, reglazed original tub and reglazed shower, and stunning slate floors. Relax in the large and open sunroom overlooking the charming, private, and peaceful backyard. Plenty of off-street parking or small boat/RV behind gates. This is a one-of-a-kind home, a rare find in Pasadena, updated and ready for a new family to love it and call it home.
Listed with THE MARK AND AL TEAM | 626-963-9337, CENTURY 21 FULL REALTY SEVICES
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/!
