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Happy Home Sellers in Pasadena

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:

Pasadena California real estate market trends August 2012

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.

 


SEE ALL HOMES FOR SALE HERE!


Interested in more information about Pasadena and surrounding cities, check out our City Guides below:

Alhambra City Guide

Altadena City Guide

Arcadia City Guide

Eagle Rock City Guide

Monterey Hills City Guide

Pasadena City Guide

San Gabriel City Guide

San Marino City Guide

Sierra Madre City Guide

South Pasadena City Guide

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, 27 Feb 2024 09:26:00 +0000: $1,163,000 :: 75 Northup Avenue, Pasadena CA, 91107 - Pasadena - Solds - SFR
    Property Photo



    3 beds, 2 baths
    Home size: 1,260 sq ft
    Lot Size: 5,324 sq ft
    Added: 01/23/24, Last Updated: 02/27/24
    Property Type: Single Family
    MLS Number: AR24005693
    Community: Pasadena (NE)
    Status: Sold


    Situated in East Pasadena, this charming pool home offers an inviting and comfortable living space. You’ll be at home with three bedrooms, two bathrooms, original hardwood floors and updated kitchen and bathrooms. A new roof in 2022 adds to other recent updates to the plumbing, electrical, and hot water systems. Both the kitchen and the primary bedroom open to the back patio and pool area, connecting to a yard that includes fruit and avocado trees. Meander to local shops and restaurants, enjoy a picnic or a game of tennis at Eaton Blanche Park, or explore the offerings of the nearby nursery. Close to elementary and middles schools.

    Listed with Tara Del Bosco | 626-229-0909, Sotheby's International 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/!


  • Mon, 26 Feb 2024 18:38:00 +0000: $1,066,000 :: 3282 Del Vina Street, Pasadena CA, 91107 - Pasadena - Solds - SFR
    Property Photo



    3 beds, 2 baths
    Home size: 1,200 sq ft
    Lot Size: 5,598 sq ft
    Added: 01/17/24, Last Updated: 02/26/24
    Property Type: Single Family
    MLS Number: P1-16243
    Community: Pasadena (NE)
    Status: Sold


    Charming traditional cottage builtin 1941, situated on a tree - lined street in North East Pasadena. This delightful light filled home features two bathrooms, living and family room. The kitchen includes an eat -in area for dining. Hardwood original floors throughout and fireplace.Two bathrooms with tub and shower.Family room opens onto spacious patio and deck that leads to backyard with pool.Large two car garage and driveway with generous front yard.Close proximity to Gold Line Metro,Hastings Ranch Shopping, restaurants and Vina Vieja Park. A wonderful place to call HOME.Offered at $870,000 OFFER DEADLINE 5PM Wednesday 24th

    Listed with Rebecca Gilbert | (310) 266-4362, 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, 26 Feb 2024 16:12:00 +0000: $1,120,000 :: 950 N Summit Avenue, Pasadena CA, 91103 - Pasadena - Solds - SFR
    Property Photo



    3 beds, 2 baths
    Home size: 1,485 sq ft
    Lot Size: 7,027 sq ft
    Added: 01/11/24, Last Updated: 02/26/24
    Property Type: Single Family
    MLS Number: 24346829
    Community: Pasadena (NW)
    Status: Sold


    Introducing 950 N Summit Drive, an exquisite newly remodeled residence offering the perfect blend of elegance and privacy. This stunning 1,485 square foot home features 3 Bedrooms and 2 Baths. Situated on a sprawling 7,013 square foot lot, the property boasts a long driveway leading to a gated estate, ensuring total seclusion and tranquility. The newly remodeled interiors seamlessly merge style and comfort, showcasing a thoughtfully designed layout that maximizes every square foot. White Oak wood flooring and high end finishes include Forno appliances, Milton cabinets, Savoy Quartz Countertops, Vasari plaster walls, clay designer tile for kitchen and bathrooms and architectural finishes throughout. Step outside to discover your own private oasis, where the expansive grounds provide ample space for outdoor enjoyment and entertainment. With its exceptional privacy, large lot size, and modern upgrades, this home epitomizes contemporary living.

    Listed with Dan Heston | 323-419-2000, Keller Williams Beverly Hills


    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, 26 Feb 2024 08:02:00 +0000: $1,610,000 :: 32 Club Rd, Pasadena CA, 91105 - Pasadena - Solds - SFR
    Property Photo



    4 beds, 3 baths
    Home size: 2,280 sq ft
    Lot Size: 10,237 sq ft
    Added: 11/13/23, Last Updated: 02/26/24
    Property Type: Single Family
    MLS Number: 230021544SD
    The price of this listing was last reduced on 2/26/2024 by 1%
    Status: Sold


    Best priced home nestled in the heart of the highly sought-after San Rafael-Rose Bowl area, 1st time on the market in over 2 decades is this Spanish style gem . Explore this character filled exec home in Pasadena, featuring convenient easy access to134, 210 & 110 freeways. This home, boasts a tranquil, soundproof interior with close proximity to the Rose Bowl, Old Town Pasadena, Downtown LA, JPL, the 4-bedroom, 3 bath residence offers an unparalleled lifestyle of convenience, and character. A recent 2019 remodel of the kitchen and master bath, Thermador appliances,apron front sink,quartz countertops,luxe-vinyl flooring, add modern style to this classic home. Embrace the serene ambiance and picturesque views of the expansive greenbelt from the pool sized backyard, complete with oversized entertainment patio and ample green space, add some “Hollywood Hedges” and transform it to your own private oasis. The interior of the home is peaceful and quiet. Exposed wood clad high ceilings of the living room and master bedroom with recessed lighting add a touch of rustic charm and character to the interior. This property also offers ADU potential (storage shed 600 sft) once the oversized patio has been waterproofed (buyer to research), providing additional living space or even rental income. Investors can take advantage of the positive cash flow potential, as indicated by Air DNA data, making this home an enticing investment in the heart of Pasadena. Embrace charm, functionality, and the vibrancy of city life at 32 Club Rd is perfect for the busy executive. Location Location Location! Discover the rich history and vibrant culture of Pasadena, California, from the tranquil haven of 32 Club Rd. Experience the perfect fusion of contemporary convenience and timeless allure in this Spanish-style residence. Uncover the potential for an ADU (buyer to do their own research, deck must be waterproofed) as you immerse yourself in the nearby attractions of the Rose Bowl, Old Town Pasadena, and Downtown LA. Enjoy the best of both worlds at this centrally located, exceptional property. Additionally, two of the bedrooms boast their own private balconies, providing stunning views and a personal sanctuary for relaxation and enjoyment. No warranties, expressed or implied by the seller or agent, regarding the possibility of an ADU (Accessory Dwelling Unit) are provided. Buyers are encouraged to conduct their own due diligence and research to assess the feasibility of an ADU on the property.

    Listed with Anna Cuevas | 760-594-4598, USAFC 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/!


  • Sat, 24 Feb 2024 08:54:00 +0000: $2,151,200 :: 1512 Rose Villa Street, Pasadena CA, 91106 - Pasadena - Solds - SFR
    Property Photo



    4 beds, 3 baths
    Home size: 2,757 sq ft
    Lot Size: 11,553 sq ft
    Added: 01/15/24, Last Updated: 02/24/24
    Property Type: Single Family
    MLS Number: P1-16199
    Community: Pasadena (SE)
    Tract: Not Applicable
    Status: Sold


    Elegantly appointed with a touch of European charm related to its French Eclectic style, 1512 Rose Villa Street is a historic opportunity within the esteemed Rose Villa-Oakdale Landmark District. Nestled in the heart of the block, the street is lined with vintage lamp posts and a canopy of blooming Magnolia trees, setting a picturesque scene. The captivating exterior showcases a grassy lawn and an enchanting ivy-trimmed chimney, epitomizing the charm of the home and neighborhood. This timeless home, originally built in 1922, has undergone improvements and alterations throughout the years while preserving its grace and character. Comprising four bedrooms, two and one quarter bathrooms, multiple entertaining spaces and a pool deck, this home is ready for a new era of ownership. Upon entry through the dedicated foyer, discover the formal living room graced by Cathedral ceilings, oversized windows, and a majestic fireplace serving as the room's centerpiece. Seamlessly connected, the living room effortlessly flows into the adjacent formal dining room, perfectly complemented by the butler's pantry and kitchen for easy entertaining. The kitchen marries the breakfast room and family room naturally with views of the outdoor deck, private backyard and sparkling pool. An intelligently designed private wing awaits within this home, fostering privacy and a harmonious flow through an L-shaped hallway connecting three spacious bedrooms. Adding versatility, a secluded fourth bedroom or office occupies its own space on the second level. The basement presents a significant space for whatever your creative heart desires. The lot is completed with an extra long driveway and detached garage. A prime Pasadena location, just a block away from prestigious Caltech and close to the beautiful Huntington Gardens. With easy access to freeways, this is a rare opportunity to own in such a sought after location. Moreover, it bears the legacy of being the cherished residence of the renowned children's book author, Eve Bunting, who wrote over 250 classics. The history associated with this house adds an extra layer of distinction and inspiration to its rich history.

    Listed with Lauren Luczyski | (626) 683-0777, 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/!


  • Fri, 23 Feb 2024 13:46:00 +0000: $1,340,000 :: 3665 Landfair Road, Pasadena CA, 91107 - Pasadena - Solds - SFR
    Property Photo



    3 beds, 2 baths
    Home size: 1,882 sq ft
    Lot Size: 9,906 sq ft
    Added: 12/20/23, Last Updated: 02/23/24
    Property Type: Single Family
    MLS Number: PW23227478
    Community: Pasadena (NE)
    The price of this listing was last reduced on 1/10/2024 by 4%
    Status: Sold


    Unique opportunity to live in the highly sought after Lower Hastings neighborhood of Pasadena. Traditional 1950's ranch style one level home. Well cared for and held within the same family for over 50 years. 3 bedrooms, 2 baths and family room sitting on a generous 9,900 square foot lot. Fresh paint and carpet inside. This home could be described as a blank canvas waiting your personal touches. There's a double garage, mature trees (recently trimmed) in the rear yard, sprinklers in the front, air conditioning and living room fireplace. Some or all of the plumbing runs in the attic. (not slab) Near local parks, robust commercial centers, dining and schools. This home presents a great opportunity for investors, DIY enthusiasts or anyone who would like an opportunity to create their own dream home.

    Listed with Craig Smith | 562-494-4600, 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/!


  • Thu, 22 Feb 2024 19:24:00 +0000: $2,975,000 :: 3015 Clarmeya Lane, Pasadena CA, 91107 - Pasadena - Solds - SFR
    Property Photo



    4 beds, 5 baths
    Home size: 3,550 sq ft
    Lot Size: 44,323 sq ft
    Added: 10/18/23, Last Updated: 02/22/24
    Property Type: Single Family
    MLS Number: PW23192392
    Community: Pasadena (NE)
    Status: Sold


    Gorgeous single-story home with exquisite craftsmanship and design located in the upscale Kinneloa Mesa neighborhood. Nearly 1 acre of ground with luxuriant vegetation, fruit trees, an RV garage, a pool, and more. The home boasts a large living area, four bedrooms, and four and a half bathrooms. There is a ton of natural light in each room thanks to the French doors that open to the pool area. This house also features a gourmet kitchen with top-notch appliances, and a view of the pool. There is a private driveway leading to two garages, one of which has a vaulted ceiling for RVs or boats, beyond an iron gate. This amazing property provides tranquility and contemporary comforts. A Shangrila in Pasadena.

    Listed with Shan Mao | 626-385-7681, Can-Achieve 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, 22 Feb 2024 18:24:00 +0000: $1,190,000 :: 1545 Monte Vista Street, Pasadena CA, 91106 - Pasadena - Solds - SFR
    Property Photo



    3 beds, 1 bath
    Home size: 1,590 sq ft
    Lot Size: 6,757 sq ft
    Added: 01/07/24, Last Updated: 02/22/24
    Property Type: Single Family
    MLS Number: P1-16137
    Community: Pasadena (NE)
    Status: Sold


    Step back in time to 1923 with this enchanting bungalow that effortlessly blends vintage charm with modern convenience. Boasting a flexible floor plan, this darling residence invites you to customize each space to your heart's desire. With three generously sized bedrooms and an updated bathroom, the 1,590 square feet offer a canvas for a myriad of activities.Greet the day in the front yard, a perfect spot for sipping morning coffee and exchanging pleasantries with neighbors out for a stroll. Across the street, Jefferson Park becomes an extension of your backyard, offering endless opportunities for outdoor recreation - from catch with the dog to a pick-up baseball game and children frolicking on the play equipment.Convenience is at your doorstep, with an array of dining, coffee, ice cream, and shopping options nearby. Quick access to the freeway means Old Town Pasadena, Huntington Gardens, and the vibrant shops along Lake Avenue are just a short drive away.Don't miss out on this unique opportunity to own a piece of history that effortlessly combines timeless character with modern amenities. Act quickly - this gem is sure to be snapped up in no time!

    Listed with Janette Emamian | (626) 487-3678, 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/!


  • Thu, 22 Feb 2024 16:12:00 +0000: $1,270,000 :: 1611 N Harding Avenue, Pasadena CA, 91104 - Pasadena - Solds - SFR
    Property Photo



    2 beds, 1 bath
    Home size: 1,260 sq ft
    Lot Size: 6,935 sq ft
    Added: 01/16/24, Last Updated: 02/22/24
    Property Type: Single Family
    MLS Number: P1-16224
    Community: Pasadena (NE)
    Status: Sold


    This charming traditional home is located on one of Pasadena's coveted 'PresidentStreets'. Whether gazing at the breathtaking mountain views from the front porch orliving room, relaxing by the fireplace, or preparing meals in the updated kitchen, thisproperty is a perfect blend of comfort and style.The interior features refinished hardwood floors and has been freshly painted inside andoutside. There is a delightful sunroom that opens to a superb rear yard which offers twoseparate covered patios, a signature oak tree and ample yard with river rock bordersand paths beyond. The yard is conducive to outdoor entertaining and enjoyment.

    Listed with Vicky Botsford | (626) 705-6207, 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/!


  • Thu, 22 Feb 2024 15:57:00 +0000: $1,742,899 :: 1102 N Catalina Avenue, Pasadena CA, 91104 - Pasadena - Solds - SFR
    Property Photo



    3 beds, 2 baths
    Home size: 2,032 sq ft
    Lot Size: 10,133 sq ft
    Added: 11/01/23, Last Updated: 02/22/24
    Property Type: Single Family
    MLS Number: 24350157
    Community: Pasadena (NE)
    Status: Sold


    Nestled in the heart of the highly sought after Bungalow Heaven district in Pasadena, this exquisite Craftsman home, built in 1908 by Frederick Benjamin Speicher, exudes timeless charm and historical preservation with Mills Act designation. Situated on an expansive 10,129 square foot lot with 2,032 square feet of living space, this 3 bedroom, 2 bathroom residence offers a captivating glimpse into the past while providing the ideal canvas for contemporary living. Upon entering, you'll be greeted by a warm open floor plan with original hardwood floors and built-in wood and stained-glass cabinetry. The inviting main floor primary bedroom has French doors to the large, light-filled en suite bathroom with separate claw foot tub and shower. There is another large additional bedroom on the main floor and a finished attic used as the 3rd bedroom. The kitchen is sunny and welcoming, with butcher block countertops, original wood cabinets and an O'Keefe and Merritt stove. The newly landscaped yard is adorned with citrus, oak, fig and pomegranate trees; the perfect setting for outdoor dining, gatherings and play. Additional updates include central air and heat, copper plumbing, and a reinforced foundation. A wonderful community close to MacDonald Park, Lavender and Honey, Millie's Cafe, Seed Bakery and Roma Market, amongst many other amenities. Don't miss this special home.

    Listed with Coleen Novak | 917-861-6309, 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/!


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