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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.  🙂

  • Thu, 28 Mar 2024 13:15:00 +0000: $1,380,600 :: 2616 Topsfield Street, Pasadena CA, 91107 - Pasadena - Solds - SFR
    Property Photo



    2 beds, 2 baths
    Home size: 1,367 sq ft
    Lot Size: 5,968 sq ft
    Added: 02/26/24, Last Updated: 03/28/24
    Property Type: Single Family
    MLS Number: P1-16650
    Community: Pasadena (SE)
    Status: Sold


    Welcome to this exceptional 2 bedroom, 2 bath traditional home with wonderful curb appeal, nestled in a lovely neighborhood in Southeast Pasadena. The inviting entryway leads to the bright and spacious living room, which features a charming fireplace with a classic mantle. Picturesque windows offer an abundance of natural light and lovely mountain views. The spacious dining room, with decorative wainscotting, has direct access to the private backyard, perfect for indoor/outdoor entertaining. Both the living and dining rooms and the bedrooms have beautifully refinished hardwood floors. The kitchen is conveniently located off the dining room and features classic wood cabinetry, lots of storage, recessed lighting and a charming breakfast nook. There is a separate laundry room located off the breakfast nook and kitchen, that offers access to the back yard. Down the hallway are two spacious bedrooms and two stunning updated bathrooms. The primary bedroom features an area adjacent to the bedroom, complete with an office nook, a large closet with floor to ceiling mirrored doors and an abundance of storage. The enchanting backyard has wonderful landscaping, brick walkways, a cozy covered patio area as well as additional seating areas. The home has copper plumbing and an updated electrical panel with 200 AMP. A gated driveway with updated drainage and a 2-car garage complete this gem of a home which is ideally located close to schools, parks, shopping, dining, and major transportation routes. Welcome home!

    Listed with Jenan Musulli | (626) 318-7118, 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, 27 Mar 2024 22:18:00 +0000: $1,557,000 :: 1022 Del Rey Avenue, Pasadena CA, 91107 - Pasadena - Solds - SFR
    Property Photo



    3 beds, 2 baths
    Home size: 1,567 sq ft
    Lot Size: 7,035 sq ft
    Added: 02/27/24, Last Updated: 03/27/24
    Property Type: Single Family
    MLS Number: P1-16652
    Community: Pasadena (NW)
    Status: Sold


    Welcome to this remodeled 1928 Spanish located in Pasadena! You'll love the convenience of this location and entertaining in this spectacular setting! Sunshine fills every room of this lovely home which has been remodeled, well maintained and retains much of its original character. A very functional and flexible floor plan offers two bedrooms that share a bathroom off the hall and a true primary suite. The primary suite offers two closets, separate bathroom with double sinks, bathtub and shower. Gather family and friends in the gracious backyard with patio and a cabana! Don't miss the bonus space (permitted shed), which is perfect for a home office, home gym...endless possibilities. The location can't get better with the proximity to schools, parks, restaurants, freeways and more! Enjoy the weekend farmers market and New Year Day Rose Parade Float viewing just down the street! This home is waiting for someone to come and make it their own! Truly Southern California Living at its best!

    Listed with Natalie Wycoff | (626) 590-3599, Raymond Hill 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, 27 Mar 2024 15:54:00 +0000: $950,000 :: 2021 Mentone Avenue, Pasadena CA, 91103 - Pasadena - Solds - SFR
    Property Photo



    3 beds, 1 bath
    Home size: 1,220 sq ft
    Lot Size: 6,500 sq ft
    Added: 02/25/24, Last Updated: 03/27/24
    Property Type: Single Family
    MLS Number: P1-16637
    Community: Pasadena (NW)
    Status: Sold


    Well maintained single level traditional first time offer for sale in aprox 68 years.The former home of longtime Pasadena resident Boxing superstar Joe Robledo. Robledo won the Golden Gloves championship in 1939. He fought at some of the most famous venues in the world and went on to fight at Madison Square Garden.A true sportsman.The residence offers living room with floor to ceiling brick firepalce raised hearth, Wood Shutters throughout. Beautiful Hardwood floors,large corner viewing window. double payned windows.Formal dinning room, south facing window, HW flrs.Kitchen is finished with Granite tops, nice updated cabinetry. light filled window over sink, separate coffee maker station counter top area, pantry, small brekfast area west facing window and access door to rear yard.3 good size bedrooms with built in closet storage areas. 2 bdrms have carpet.Rear bedroom has exposes HW floor. large viewing window to rear yard.profile shows 2 bdrms. total of 3 bedrooms.Built in linnen cabinetry, whole house fan,updated dual galzed windows.Covered patio in rear, with washer dryer hookups. Grassy yard area on north side of lot.Long driveway for extra cars, Wrought Iron privacy gate. 2 car detached garage in rear, drywall finished. Block wall & chin link fencing complete the permiter. This property is on the section with no speed bumps just south of Woodbury on a nice block.

    Listed with Eddie Kanouse | (626) 685-5279, 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/!


  • Tue, 26 Mar 2024 22:26:00 +0000: $1,650,000 :: 2570 Las Lunas Street, Pasadena CA, 91107 - Pasadena - Solds - SFR
    Property Photo



    3 beds, 2 baths
    Home size: 2,121 sq ft
    Lot Size: 10,381 sq ft
    Added: 02/22/24, Last Updated: 03/26/24
    Property Type: Single Family
    MLS Number: P1-16610
    Community: Pasadena (NE)
    Status: Sold


    Welcome to this exquisite Pasadena home, a rare gem on the market for the first time in over 40 years! This meticulously crafted residence seamlessly marries classic charm with modern amenities, inviting you to embrace a lifestyle of comfort & elegance. As you enter, the warmth of refinished hardwood floors and exquisite crown molding sets the tone. The living room, to the right, boasts refinished hardwood floors and a bay window with louvered wood shutters, offering enchanting views of the landscaped front yard and mountains. The heart of this space is an original brick fireplace framed by crown molding, with four large windows illuminating the backyard oasis and pool. Through the living room, discover the first of 3 bedrooms, featuring hardwood floors, built-in shelving, and a spacious closet. A pocket door leads to a bathroom with a tiled shower and a single sink vanity, adorned with crown molding. A hallway leads to the primary bedroom, a sanctuary with newly refinished hardwood floors, crown molding, and French doors opening to the pool and spa, allowing for seamless indoor/outdoor living. To the left of the entry, a formal dining room awaits, adorned with refinished hardwood floors, wainscoting, crown molding, and louvered shutters with charming leaded glass windows. Continuing straight from the entry, find the third bedroom, with hardwood floors, a bay window bench seat, and French doors leading to the back patio with a beckoning pool. Through the dining room, encounter the second bathroom with a separate tub and shower. The kitchen, a chef's delight, features wood-like laminate flooring, tile countertops, a stone-topped island, and a 4-burner electric range, oven hood, and LG refrigerator. Recessed lighting creates a perfect culinary ambiance. Outside, discover a backyard oasis with a pool, citrus trees, 3 mature avocado trees, a plum tree, and a charming garden walk area. Two bonus spaces in the back--a photography dark room and workshop, along with another space for storage or an additional workshop. Completing this property is an attached 2-car garage with ample storage and laundry hook-ups. This home embodies comfort, style, and timeless elegance. Don't miss the rare opportunity to make it yours.

    Listed with Jason Berns | (626) 826-4544, 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/!


  • Tue, 26 Mar 2024 17:14:00 +0000: $991,000 :: 425 Martelo Avenue, Pasadena CA, 91107 - Pasadena - Solds - SFR
    Property Photo



    3 beds, 2 baths
    Home size: 1,274 sq ft
    Lot Size: 7,554 sq ft
    Added: 02/12/24, Last Updated: 03/26/24
    Property Type: Single Family
    MLS Number: GD24029946
    Community: Pasadena (NE)
    Status: Sold


    Discover the charm of this delightful single-story residence nestled in Pasadena, boasting three bedrooms and two bathrooms set upon a generous 7,550 square foot lot.Upon entering, you're greeted by a spacious living room adorned with a cozy fireplace and abundant windows, bathing the space in natural light, creating an inviting atmosphere for relaxation and entertainment.The kitchen features timeless tile countertops and ample cabinet space, offering functionality and convenience for culinary endeavors. Both bathrooms showcase stand-up shower stalls, while the bedrooms offer ample space for comfort and personalization.While this home presents immense potential, it requires tender loving care (TLC) to transform it into your dream retreat, allowing you to customize and create a space that truly reflects your style and preferences.Conveniently situated near the freeway, as well as a variety of shops and restaurants, this property offers both accessibility and opportunity for those seeking to craft their ideal living space in the heart of Pasadena.

    Listed with Sevana Grigor | 818-246-1099, JohnHart 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/!


  • Tue, 26 Mar 2024 12:26:00 +0000: $1,690,000 :: 847 Victoria Drive, Pasadena CA, 91104 - Pasadena - Solds - SFR
    Property Photo



    4 beds, 3 baths
    Home size: 2,035 sq ft
    Lot Size: 7,497 sq ft
    Added: 02/10/24, Last Updated: 03/26/24
    Property Type: Single Family
    MLS Number: AR24029365
    Community: Pasadena (NE)
    Status: Sold


    This 1926 English Tudor Cottage, designed by Pasadena Architect Albert J. Schroeder issituated on a beautiful tree-lined street. This charming neighborhood was originally known asWindsor Square and exudes the warmth and charm of a bygone era. This character homefeatures 4 bedrooms with 3 updated baths, new kitchen, brick courtyard entry and hardwoodfloors. After entering the gated courtyard, you are greeted by a coved entry hall and living roomwith a dramatic vaulted beamed ceiling with a traditional fireplace. The primary bedroomincludes direct access to the courtyard, an attached dressing area and mirrored closet. Thekitchen has been fully remodeled with an open concept casual dining room. Off the dining roomis a spacious bedroom (currently being used as an office) with an additional fireplace andvaulted ceiling overlooking a sunny backyard with mature trees. Upstairs are two additionalbedrooms with vaulted ceilings, a shared closet with a built-in vanity plus a bathroom. Manyperiod details seamlessly blend with the character of this home. One example is the built in chairin the hallway and leaded glass windows throughout. This charming home is situated on abeautiful street in the wonderful City of Pasadena.

    Listed with Linda Medley | 714-731-3777, Seven Gables 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/!


  • Fri, 22 Mar 2024 19:54:00 +0000: $800,000 :: 1148 Lincoln Avenue, Pasadena CA, 91103 - Pasadena - Solds - SFR
    Property Photo



    2 beds, 1 bath
    Home size: 858 sq ft
    Lot Size: 6,765 sq ft
    Added: 01/12/24, Last Updated: 03/22/24
    Property Type: Single Family
    MLS Number: IG24005012
    Community: Pasadena (NW)
    The price of this listing was last reduced on 2/20/2024 by 5%
    Status: Sold


    Nestled in the heart of Pasadena, this quaint single-family home offers a cozy retreat in a sought-after location. Boasting 2 bedrooms, 1 bath, and 858 square feet of comfortable living space, this property welcomes you with its classic charm and warm ambiance.The inviting interior features ample natural light, creating an airy atmosphere throughout. The well-appointed kitchen provides functionality and style, perfect for culinary enthusiasts or casual dining.Outside, discover a spacious lot spanning 6761 square feet, offering potential for outdoor activities, gardening, or simply unwinding in your private oasis.Ideally situated in a desirable neighborhood, this home enjoys proximity to local amenities, parks, and easy access to major routes, making it an excellent opportunity to experience the quintessential Pasadena lifestyle.

    Listed with DeVone Richard | 747-444-4544, Next Real Estate Advisor, 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, 22 Mar 2024 17:48:00 +0000: $2,010,000 :: 1994 N Los Robles Avenue, Pasadena CA, 91104 - Pasadena - Solds - SFR
    Property Photo



    4 beds, 5 baths
    Home size: 2,828 sq ft
    Lot Size: 9,187 sq ft
    Added: 02/13/24, Last Updated: 03/22/24
    Property Type: Single Family
    MLS Number: 24356295
    Community: Pasadena (NE)
    Status: Sold


    1994/1996 Los Robles is a distinguished 4BR/4.5BA Pasadena Craftsman that seamlessly marries timeless charm with contemporary sophistication. The compound includes a newly built ADU, an expansive entertainer's backyard, a pristine pool/spa, covered outdoor kitchen, and a putting green. Beyond its gated entrance, the main house is nestled amidst mature landscaping, creating an aura of privacy and exclusivity. A sweeping roof line covers a spacious porch which is an idyllic vantage point to observe the neighborhood. Step inside to discover a realm of opulence featuring gleaming wood floors and original built-ins that add to the character of a craftsman home from a by-gone era. The kitchen showcases modernity with stainless-steel appliances, contemporary cabinets, and granite countertops. All bedrooms are en-suite and have walk in closets. A powder room adds to functionality on the first floor. A strategically positioned bedroom on the main level and an office upstairs augment the versatile layout. As an invaluable addition to the property, the recently completed ADU boasts designer finishes in both the kitchen and bathroom, along with a spacious living area. This multifaceted space introduces a new dimension, ideal for a work-from-home sanctuary, guest quarters, or a source of short or long-term rental income.

    Listed with Josh Canova | 858-361-7010, 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/!


  • Fri, 22 Mar 2024 13:31:00 +0000: $1,268,760 :: 727 Palisade Street, Pasadena CA, 91103 - Pasadena - Solds - SFR
    Property Photo



    3 beds, 1 bath
    Home size: 1,950 sq ft
    Lot Size: 9,976 sq ft
    Added: 01/19/24, Last Updated: 03/22/24
    Property Type: Single Family
    MLS Number: CV24009379
    Community: Pasadena (NW)
    Status: Sold


    Grab a brush and save a bundle. Nestled on a quiet street, you will find this charming, vintage home with award winning schools and a view of the mountains. The property needs just a TLC, but is zoned PSR6 and is set up potentially for units or multi-generational housing. Features include: great curb appeal, mature landscaping, custom hardscapes, a concrete driveway, an open and airy floor plan, a cozy living room with a fireplace, a huge separate family room with a floor to ceiling fireplace, a formal dining room, a kitchen with a time-period stove & tile counters & a breakfast area, 3 large bedrooms including a main bedroom with its own fireplace, an inside laundry area, and a 2 car detached carport. Other features include: a covered patio, a private backyard with fruit trees, tool sheds, and garden rich soil. This property is close to shopping, parks, gyms, golf courses, the Rose Bowl Stadium, Old Town Pasadena, JPL, Kidspace Children’s Museum, and has easy access to the Pasadena/Foothill Gold Line and the 210, 710 and 134 freeways. To see the floor plan, please click on the virtual tour.

    Listed with Jonathan Starr | 626-653-5663, RE/MAX MASTERS 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/!


  • Fri, 22 Mar 2024 09:54:00 +0000: $1,325,000 :: 385 Oneida Drive, Pasadena CA, 91107 - Pasadena - Solds - SFR
    Property Photo



    4 beds, 3 baths
    Home size: 1,982 sq ft
    Lot Size: 9,810 sq ft
    Added: 08/07/23, Last Updated: 03/22/24
    Property Type: Single Family
    MLS Number: 23298665
    Community: Pasadena (SE)
    The price of this listing was last increased on 9/12/2023 by 2%
    Status: Sold


    Probate sale, court approval required. Seller will remove all personal items from the house prior to closing. This is a great opportunity for a starter home with work or an investor. DO NOT GO ONTO THE PROPERTY, DISTURB THE OCCUPANTS, OR CALL THE OWNER. Buyer to verify all conditions including square footage. At some point in the past additional conditioned space and a half bath was added. Offer Being Accepted October 10, 2023. Probate Sale with Court Confirmation with Overbid at 9 am on December 4, 2023 at 111 N Hill Street Department 9, Los Angeles, CA 90012. Starting Bid at $1,325,000. Please consult your broker or attorney for more information.

    Listed with David Mansor | 914-843-1067, Hit Realty 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/!


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