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. 🙂
- Fri, 15 Jan 2021 11:24:00 +0000: $545,000 :: 352 Buckeye Street, Pasadena CA, 91104 - Pasadena - Solds - SFR
1 bed, 1 bath
Home size: 572 sq ft
Lot Size: 2,274 sq ft
Added: 11/14/20, Last Updated: 01/15/21
Property Type: Single Family
MLS Number: PW20242075
Community: 645 - Pasadena (NW)
Status: Sold
Beautiful bungalow style home in nice Pasadena area. Built in 1916, this home is charming, cozy with historic character, has natural light, and is nestled in lush greenery with a unique serene backyard for relaxation and meditation. The property includes central air and copper plumbing. Enjoy easy access to local grocery stores, Old Town Pasadena, and freeways.
Listed with Gabriella Sanchez, Gabriella I. Sanchez, 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/! - Fri, 15 Jan 2021 11:24:00 +0000: $1,260,000 :: 1717 Loma Vista Street, Pasadena CA, 91104 - Pasadena - Solds - SFR
3 beds, 3 baths
Home size: 2,560 sq ft
Lot Size: 10,559 sq ft
Added: 10/27/20, Last Updated: 01/15/21
Property Type: Single Family
MLS Number: BB20227038
Community: 646 - Pasadena (NE)
Status: Sold
Pasadena home on a lovely street.
Listed with Daniel Madariaga, Contempo Realtors
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, 14 Jan 2021 18:24:00 +0000: $1,180,430 :: 1586 N Harding Avenue, Pasadena CA, 91104 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,726 sq ft
Lot Size: 6,970 sq ft
Added: 11/29/20, Last Updated: 01/14/21
Property Type: Single Family
MLS Number: P1-2559
Community: 646 - Pasadena (NE)
Tract: Not Applicable
Status: Sold
Don't miss seeing this Holiday Delight-the home you have been waiting for! End 2020 knowing you'll soon be enjoying a relaxing lifestyle in this recently updated & remodeled Traditional, beautifully situated on the nicely landscaped lot. A spacious front porch is perfect for an early morning coffee, just steps away from your home office, located right off of the entry. The Formal Living Room features a fireplace and hardwood flooring, along w/ a bank of windows. The elegant Formal Dining Room boasts wainscoting & hardwood flooring & is conveniently located right next to the gorgeous Kitchen. Sleek & pretty, not to mention efficient, this Chef's Kitchen has a Bosch Dishwasher AND a Bosch stove! Factor in a darling area for a breakfast table & chairs, along w/ a generously sized open area for laundry & you have it all! The large Family Room is cozy perfection w/ a beamed ceiling, hardwood flooring & a pretty door to the rear porch & yard. A lovely Master Suite has both a walk in closet & additional closet space, with a remodeled Bath w/ double sinks. The second Bedroom is light & bright, located next to the remodeled second bath, which has a tub & separate shower stall. The Third Bedroom has pretty yard views & it's own extra entrance by the front door: perfect for working at home! Bonus: a darling deck just right for alfresco dining & entertaining, tucked away in the back corner of the lot, w/ Pinterest worthy lighting twinkling above. Move in ready, charm galore-come see!
Listed with Augusta Sanborn, 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/! - Thu, 14 Jan 2021 15:50:00 +0000: $750,000 :: 1517 Navarro Avenue, Pasadena CA, 91103 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,063 sq ft
Lot Size: 3,376 sq ft
Added: 11/18/20, Last Updated: 01/14/21
Property Type: Single Family
MLS Number: OC20248977
Community: 645 - Pasadena (NW)
Status: Sold
Welcome to the recent 2016 built home minutes from Historic Old Town Pasadena. Spacious 3 bedrooms, 2 full baths. Beautiful custom outdoor fence surrounds this turn key condition home with a low maintenance yard. Located on a quiet street in Northwest Pasadena close to JPL, and the Rose Bowl. Modern kitchen has built-in Custom Cabinetry, Stainless Steel Appliances, Copper plumbing, High Ceiling with Recessed lighting throughout the home, Custom Tiled and Wood Flooring, Central Air, Central Heat. Double Panned High Energy Saving Windows. Patio and Garage recently updated.
Listed with Michelle Nguyen, Vision Quest Lending
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, 14 Jan 2021 15:36:00 +0000: $627,500 :: 1360 N Marengo Avenue, Pasadena CA, 91103 - Pasadena - Solds - SFR
2 beds, 1 bath
Home size: 674 sq ft
Lot Size: 3,132 sq ft
Added: 11/30/20, Last Updated: 01/14/21
Property Type: Single Family
MLS Number: 20665680
Community: 645 - Pasadena (NW)
Status: Sold
Cozy 2 bedroom, one bath cottage located in the desirable neighborhood of Pasadena and minutes from Old Town Pasadena, the Rosebowl, and JPL. Original hardwood floors in the living room and bedrooms. The kitchen has been updated with slate tile floors, quartz countertops, and a stainless steel sink. The bathroom was also recently updated with subway tile around the shower/tub and slate tile floors. Other features include a tankless water heater, a roof updated 5 years ago, and a backyard with a covered patio. Great for a first time home or investment property. Sold As Is, Where Is. Buyer to conduct own inspections and verify all reports and data. Masks & gloves are required subject to CDC Guidelines. PEAD form must be sent before entry. Please Read Agent Remarks
Listed with Patricia So, Corcoran Global Living
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, 14 Jan 2021 11:38:00 +0000: $1,680,000 :: 2044 Cricklewood Path, Pasadena CA, 91107 - Pasadena - Solds - SFR
4 beds, 3 baths
Home size: 3,204 sq ft
Lot Size: 23,087 sq ft
Added: 10/26/20, Last Updated: 01/14/21
Property Type: Single Family
MLS Number: P1-2155
Community: 646 - Pasadena (NE)
Tract: Not Applicable
Status: Sold
Mid-century modern in Pasadena's gated Kinneloa Canyon Estates neighborhood designed by Dwight K. Anderson and Frank L Walton. Vaulted beamed ceilings and full height picture windows reveal expansive views of greater Pasadena and Los Angeles. Entry opens to a great room formed by a formal living room with original stone fireplace and terrazzo flooring, dining room, family room with mid-century cone fireplace, and kitchen with separate wet bar. The stylized kitchen is updated with newer renovated cabinets, quartz counters, tile flooring and generous pantry. The main floor includes a large bedroom with attached private bath and dressing area as well as a second bedroom that allows access to the spacious exterior upper deck providing gorgeous sunset views. There is a a third bedroom on the main level complete with a private patio and separate entrance, another full bath and two-car garage featuring a stunning modern glass door. Downstairs boasts a large second family room, wet bar and bonus office/exercise/bed room that flow out to the backyard featuring a beautiful turquoise pool and fire pit, perfect for Southern California indoor/outdoor living! Completing the downstairs is a half bath and laundry room. Bamboo and polished concrete floors compliment the rest of the home. Updated with the utmost care, this home has a newer roof and solar panels, new retaining walls, maintenance free vinyl fencing, modernized cement work around the pool and so much more! Truly a gem!
Listed with Shelley Bowlen, 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, 13 Jan 2021 20:30:00 +0000: $5,000,000 :: 835 Linda Vista Avenue, Pasadena CA, 91103 - Pasadena - Solds - SFR
4 beds, 6 baths
Home size: 5,677 sq ft
Lot Size: 34,848 sq ft
Added: 03/05/18, Last Updated: 01/13/21
Property Type: Single Family
MLS Number: P0-818000988
Community: 645 - Pasadena (NW)
Tract: Not Applicable
Status: Sold
Prime gated compound, adjacent to the Rose Bowl. Newly completed main residence of steel, glass, & concrete is warmed with board & batten paneling & cedar ceilings. Great room, with towering volume and clerestory windows is anchored by a soaring hearth. Open chefs kitchen features custom crafted cabinetry, a commercially sized pantry, and an epic island of mallet stamped stone. An expansive gallery hall, with floor to ceiling windows,and handsome millwork, leads to the private wing, with a master suite, 3 additional bedrooms and 2 gracious baths. Across the pool/spa is a 1957 Kemper-Nomland Ranch, reimagined as a poolhouse, daytime pavilion and gatehouse. Original steel framed windows, beamed ceilings, warm, wood paneled walls and gracious floorplan create a convivial entertaining space.
Listed with James Wilson, 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, 13 Jan 2021 19:05:00 +0000: $947,000 :: 925 E Howard St Street, Pasadena CA, 91104 - Pasadena - Solds - SFR
2 beds, 2 baths
Home size: 1,220 sq ft
Lot Size: 3,921 sq ft
Added: 12/03/20, Last Updated: 01/13/21
Property Type: Single Family
MLS Number: P1-2507
Community: 646 - Pasadena (NE)
Tract: Not Applicable
Status: Sold
Stepping through the original glass front door, you'll find a charming 1922 Colonial Revival-style craftsman bungalow that feels like home. Filled with natural light and updated with tasteful modern amenities while maintaining original details, this home features a thoughtful floorplan, original hardwood floors, and a decorative Batchelder fireplace. The primary bedroom offers an en suite A3/4 bath, a rarity for a bungalow of this era; and just down the hall you'll find a central full bath with period details and an oversized tub. In addition to a roomy second bedroom, a quaint den makes for the perfect home office. The bright kitchen features marble countertops, a wine fridge, and plenty of cabinet space. You'll also find a dedicated laundry room on your way to the backyard, which offers lovely xeriscape and a redwood deck. The generous extra storage space in the attic could be converted to a bonus room, and the finished detached garage can easily be used as additional living space. To top it off, this home is ideally situated in the desirable Historic Highlands landmark district, close to favorites like Millie's CafA(c), Lavender & Honey, Seed Bakery, Bacchus' Kitchen, and the Green & Bisque Clay House. This home packs a punch for its size and is not to be missed!
Listed with Mark Ogden, 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/! - Wed, 13 Jan 2021 14:29:00 +0000: $2,390,000 :: 250 N San Rafael Avenue, Pasadena CA, 91105 - Pasadena - Solds - SFR
3 beds, 3 baths
Home size: 3,576 sq ft
Lot Size: 19,602 sq ft
Added: 10/31/20, Last Updated: 01/13/21
Property Type: Single Family
MLS Number: P1-2101
Tract: Not Applicable
Status: Sold
Welcome home to this sprawling single story home which offer elegance and todays modern features and upgrades. With breathtaking views overlooking Annandale Country Club, this extraordinary property is prominently located in the premier estate area of Pasadena's San Rafael neighborhood. This sophisticated, move-in-ready home provides the ultimate in indoor and outdoor living and embodies the quintessential California Living Experience. The spacious and light-filled living room, dining room, kitchen and den feature gorgeous, large picture windows and glass doors that capture and accentuate the tranquil outdoor settings. An enormous master bedroom with private deck and a luxurious master bathroom provides a well-appointed retreat nestled among this distinctive property's well-maintained gardens. Entertainer's grounds boasts beautiful patios, decks, gardens, terraces and a relaxing pool offering the ultimate in privacy. This magnificent, Smart Home equipped estate boasts custom high-style updates with attention to detail in a lush and relaxing setting, and provides an exceptional opportunity for the most discerning buyer. Very easy to schedule a private viewing
Listed with Lynette Sohl, 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/! - Tue, 12 Jan 2021 20:53:00 +0000: $1,891,500 :: 896 GLEN OAKS, Pasadena CA, 91105 - Pasadena - Solds - SFR
5 beds, 6 baths
Home size: 4,533 sq ft
Lot Size: 14,001 sq ft
Added: 11/09/20, Last Updated: 01/12/21
Property Type: Single Family
MLS Number: 20657646
Community: 645 - Pasadena (NW)
The price of this listing was last reduced on 11/10/2020 by 0%
Status: Sold
Located in the exclusive Linda Vista neighborhood, this magnificent, gracious Spanish style view home, exudes memorable classic historic character, designed by architect J Wilmer Hershey w/ many exquisite original details. The living room crowned by a beautiful fireplace; beamed ceiling & large windows offer spectacular vistas of the Arroyo Seco & San Gabriel Mountains. A large formal dining room opens up with French Doors to an expansive view and romantic balcony. Offering an updated kitchen keeping w/ the true history of the property, graced w/ newer marble flooring & countertops, located next to the expansive outdoor terrace w/ BBQ, fireplace & great open sunny spaces. The reverse floor plan offers private lower living quarters complete w/ 5 beds, 4 baths & laundry room. The private master suite has a lovely dressing area & sitting room. A private one-bedroom attached guest suite w/ a private entrance & its own bath & laundry area, make perfect guest quarters.
Listed with Mia Trudeau, Hilton & Hyland
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/!
