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, 14 May 2021 22:28:00 +0000: $5,880,000 :: 430 S San Rafael Avenue, Pasadena CA, 91105 - Pasadena - Solds - SFR
7 beds, 7 baths
Home size: 7,774 sq ft
Lot Size: 59,678 sq ft
Added: 01/06/21, Last Updated: 05/14/21
Property Type: Single Family
MLS Number: P1-2799
Community: 647 - Pasadena (SW)
Tract: Not Applicable
Status: Sold
Discover the stunning Pasadena estate of H.A. Fuller built in 1917. Discover this mansion on the most sought after western edge of the Pasadena Arroyo overlooking the Colorado Bridge and the Vista del Arroyo Hotel designed by renowned architect Reginald Davis Johnson. You will experience the elegant life style and architectural majesty of this era with a truly timeless design of the highest quality and class.Each of the 4 main bedroom has a fireplace and bathroom en suite, all the main rooms have fireplaces and high ceilings and the windows have operable exterior shutters. The luxury of elegance and convenience. You will be transported; in more ways than a just ride in the vintage elevator. A time and history that is rarely available with front and back stairwells and a complete staff wing on the north wing main floor with 2 bathroom areas and 3 bedrooms (which could also be a fabulous home office set up). Formal Dining Room and Family Dining Room areas. 2 authentic sleeping porches upstairs, as well as his and her master bedrooms with a private living room between them. Recognize that this is a Fabulous Investment Opportunity. All Bathrooms, Laundry Room and the kitchen are all gutted and ready for new updating. Backyard cleared and ready for landscaping and possible fountain or pool. Garage removed and property ready for a new garage in a better location.
Listed with Ann-Marie Villicana, Dilbeck 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, 14 May 2021 22:28:00 +0000: $1,405,000 :: 2180 Brigden Road, Pasadena CA, 91104 - Pasadena - Solds - SFR
4 beds, 2 baths
Home size: 2,165 sq ft
Lot Size: 7,841 sq ft
Added: 03/03/21, Last Updated: 05/14/21
Property Type: Single Family
MLS Number: P1-3590
Community: 646 - Pasadena (NE)
Tract: Not Applicable
Status: Sold
Discover this picture perfect classic Brigden Ranch home with picturesque paned windows and move in dreamy interior! This crisp home offers gleaming hardwood floors, a spacious living room with views of the San Gabriel Mountains, a fireplace for ambiance and warmth and wonderful white built in shelves for books and curios. There is a dining room off of the entry with a traditional chair rail and views of the mountains. The recently remodeled kitchen and breakfast area in that sought after kitchen blue hue with white trim will keep you cooking and entertaining! There is a separate laundry room with good storage. The 4 bedrooms are connected through a hallway with lots of wall hanging space and beautiful hardwood floors. The 4th bedroom could easily be used as an office, family room, guest bedroom or playroom for children and has an attached updated bathroom with exquisite classic tile & marble selections, The second updated bathroom is off the hallway with double sinks and is as tasteful and classic as this fabulous home. You will enjoy the high efficiency new central air and heat system, too. As you drive down at the end of the driveway through a vine covered arch there is a 2-car garage with abundant storage space. The back yard has productive fruit trees, a nice grass area & a raised porch. In spring, the white hydrangeas will burst with fluffy blossoms! You need to experience this fabulous Brigden Ranch classic!
Listed with Ann-Marie Villicana, Dilbeck 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, 14 May 2021 18:13:00 +0000: $1,847,000 :: 1260 Sierra Madre Villa Avenue, Pasadena CA, 91107 - Pasadena - Solds - SFR
4 beds, 2 baths
Home size: 2,264 sq ft
Lot Size: 23,959 sq ft
Added: 03/22/21, Last Updated: 05/14/21
Property Type: Single Family
MLS Number: P1-3875
Community: 646 - Pasadena (NE)
Tract: Not Applicable
Status: Sold
Overlooking Eaton Canyon, this 4-bedroom/2 bath, single-level Mid Century offers a private oasis close to the city. View exquisite sunrises and sunsets off the majestic San Gabriel Mountains from its wall-to-wall curved windows. On one wing lies the expansive master suite with an adjoining bedroom used as a walk-in wardrobe, plus ensuite featuring double rainwater showerheads and vanity. On the opposite end are two more bedrooms and a bath leading from the family room that opens to the pool, fire pit and covered patio in the fenced-in oversized yard. At the center of this home, you'll enjoy an open-architecture floorplan with a large gourmet kitchen outfitted in custom teak, high-end Miele and ceasarstone countertops, completed by an oversize island with built-in casual dining area. An iconic Mid Century circular fireplace joins the kitchen, living room and dining areas, creating a classic period feel. Adjacent to the pool and off the two-car garage is a separate room, perfect for an office, with ample cabinets and storage. A driveway leads off the main road to the property where, hidden behind a mature hedge, you'll find ample parking for five cars, an RV or boat. Just minutes from major retail, private schools and the city, you can have the best of both worlds, here, in your mountain-view retreat. Property measured 2,429 sq feet plus additional 220 sq ft bonus workshop/office.
Listed with Monica Hsu, 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/! - Fri, 14 May 2021 18:13:00 +0000: $1,121,000 :: 1140 E Orange Grove Boulevard, Pasadena CA, 91104 - Pasadena - Solds - SFR
2 beds, 3 baths
Home size: 1,367 sq ft
Lot Size: 0 sq ft
Added: 04/07/21, Last Updated: 05/14/21
Property Type: Single Family
MLS Number: P1-4100
Community: 646 - Pasadena (NE)
Tract: Not Applicable
Status: Sold
Situated in the heart of Pasadena, this immaculate and chic Spanish Bungalow is the one to call home!Radiating with positive energy, this home is an entertainers delight, offering a well thought out floorplan and large rooms. The living room has tons of charm with Spanish tile flooring, a handsome fireplace with Batchelder style tiles and built-in bookshelves. The open and bright dining room offers double doors that lead to a lush, outdoor mini Oasis with a Zen vibe porch plus separate patio and private yard. You have two generously sized bedroom suites, each with their own custom updated bathrooms. The north bedroom suite offers its' own private entrance from the front porch, great for guests or home office. The main bedroom suite features an oversized spa like shower with multiple showerheads and dual sinks. Completing the floor plan is an additional powder bath, laundry, and large chefs' kitchen with stainless steel appliances and granite countertops. Have you ever dreamt of having your own garden? Then you will want to check out the raised planters in the back and side yards, ready for you to start growing your garden. The gated driveway leads to a 2 car garage offering future possibilities, maybe an office, art studio or workshop? Conveniently close to all that Pasadena has to offer, don't miss this beautiful residence loaded with modern updates and classic charm.
Listed with Hilda Hernandez, 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/! - Fri, 14 May 2021 18:13:00 +0000: $1,350,000 :: 1914 Pasadena Glen Road, Pasadena CA, 91107 - Pasadena - Solds - SFR
3 beds, 3 baths
Home size: 1,927 sq ft
Lot Size: 10,455 sq ft
Added: 04/13/21, Last Updated: 05/14/21
Property Type: Single Family
MLS Number: P1-4178
Community: 646 - Pasadena (NE)
Tract: Not Applicable
Status: Sold
Located in Pasadena Glen, one of the most beautiful spots in the Sierra Madre mountains, this contemporary 3-bedroom/3 bath home has many wonderful amenities. Completely remodeled and expanded from its original footprint, this home features a fireplace in its 2-story living room and another in the master suite, which opens to a balcony overlooking the Glen. The large master ensuite features a whirlpool tub, dual sinks, separate shower, and two large closets. Two other bedrooms share a full bath off a hallway that overlooks the 1st floor, plus an office. Downstairs, you'll find wood-beams and tile flooring that complement the wooded setting in the family room/bedroom, dining room, and kitchen plus a full bath. There's space for three-cars in the driveway, two more parking spaces on the easement behind the home, and in the two-car garage, there's a built-in workshop and laundry area. Outdoors, you'll find two seating areas with outdoor lighting, a fire pit, BBQ, a 9' waterfall, a drinking fountain, and a playroom with a loft that has lighting and a TV. This home is powered by a high-efficiency HVAC system that keeps it comfortable all year 'round. Just a short drive from Pasadena's schools, markets and retail, you'll find this setting relaxing and a must-see to believe.
Listed with Monica Hsu, 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/! - Fri, 14 May 2021 17:33:00 +0000: $7,130,000 :: 637 Bellefontaine Street, Pasadena CA, 91105 - Pasadena - Solds - SFR
5 beds, 7 baths
Home size: 7,556 sq ft
Lot Size: 31,799 sq ft
Added: 03/08/21, Last Updated: 05/14/21
Property Type: Single Family
MLS Number: AR21049665
Community: 647 - Pasadena (SW)
The price of this listing was last reduced on 4/9/2021 by 1%
Status: Sold
Brand New Construction in Pasadena. Located within the prestigious South Arroyo community in Pasadena, this flat parcel is 31,947 sqft. This Spanish contemporary home consists of 7,556 square feet features Five bedrooms and Seven baths. Come home and relax in your resort-like backyard complete with luscious landscaping and pool. No expense was spared in the building of this home. Open floor plan kitchen with marble counter island, recessed lighting, brand new stainless steel appliances and range hood. Kitchen and dining area overlook the backyard and pool. Hardwood floors throughout and plenty of windows for a bright open feel of this home. Living room with a fireplace leads directly to the backyard. Beautiful low maintenance landscaping in the front yard.
Listed with Nicholas Borrelli, Coldwell Banker George 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, 14 May 2021 14:37:00 +0000: $3,280,000 :: 1886 San Pasqual Street, Pasadena CA, 91107 - Pasadena - Solds - SFR
4 beds, 5 baths
Home size: 2,953 sq ft
Lot Size: 29,186 sq ft
Added: 04/20/21, Last Updated: 05/14/21
Property Type: Single Family
MLS Number: P1-4312
Community: 648 - Pasadena (SE)
Tract: Not Applicable
Status: Sold
A rare single story 1924 French Normandy in the coveted Caltech area on one of the largest lots on San Pasqual! This home is an entertainer's dream with an expansive lot and indoor-outdoor living at its finest. You enter into a spacious living room with a fireplace and custom built-in cabinetry. Formal dining room has french doors overlooking the front garden. The Chef's kitchen with Viking and SubZero appliances has an abundance of cabinetry and laundry area. A den with sliding doors overlooks the gorgeous backyard and leads to a private patio. There are 4 bedrooms and 5 bathrooms. The master suite offers stunning views of the backyard gardens overlooking the pool and spa. Two of the other bedrooms share a bathroom. One of the bedrooms is currently used as a large executive home office which could easily be turned back into a bedroom or even turned into 2 bedrooms. The 4th bedroom suite is located off of the kitchen. The backyard is stunning, consisting of sprawling grass areas, heritage trees, gardens, patios & fountains. Towards the back of the property is an entertaining area with an outdoor fireplace, kitchen, and views of the San Gabriel mountains. There is a custom pool and spa, the pool house with bathroom and sauna is connected to the garage. There is a bonus space above the garage, possibly an ADU conversion. This is an extraordinary home that overflows with pride of ownership!
Listed with Natalie Wycoff, 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/! - Fri, 14 May 2021 14:05:00 +0000: $1,475,000 :: 974 Topeka Street, Pasadena CA, 91104 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,941 sq ft
Lot Size: 13,068 sq ft
Added: 04/14/21, Last Updated: 05/14/21
Property Type: Single Family
MLS Number: P1-4196
Community: 646 - Pasadena (NE)
Tract: Not Applicable
Status: Sold
Welcome to this beautiful three-bedroom, two-bath, 1926 character home, with a separate studio, in the sought-after, tree-lined, Historic Highlands neighbourhood of Pasadena. On a nearly ⅓ acre lot, this special home is full of charm, character, natural light and has been lovingly maintained and updated by the current owners during the last 30+ years. Living room has picturesque front windows, rich hardwood floors, high coved ceilings, an impressive fireplace with built-ins. Formal dining room will accommodate large gatherings & adjoins an updated kitchen with an abundance of storage and a centre island. The open kitchen flows into the attached den. The primary bedroom offers spacious closets, built-ins and an ensuite bathroom. Two more bedrooms, one with an attached office, and a bathroom add to the functionality of this lovely home. Storage is plentiful, with steps from the central hallway leading down to a large basement & access to the full, walkable attic, is from pull-down steps. The back of the house opens out to the patio, built-in bbq, garden and numerous areas for relaxing under the stars or for entertaining visiting family and friends. The large parcel is lushly planted and set back from the street so you have a feeling of space and quiet. The east garden features a beautiful fountain. At the rear is the two-car garage with an additional 216 sqft studio/gym or separate office area. The garage and studio are separated by flower, herb & veggie gardens.
Listed with Lynwen Hughes-Boatman, 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/! - Fri, 14 May 2021 12:45:00 +0000: $1,500,000 :: 735 N Holliston Avenue, Pasadena CA, 91104 - Pasadena - Solds - SFR
5 beds, 4 baths
Home size: 2,120 sq ft
Lot Size: 11,762 sq ft
Added: 02/24/21, Last Updated: 05/14/21
Property Type: Single Family
MLS Number: P1-3874
Community: 646 - Pasadena (NE)
Tract: Not Applicable
Status: Sold
Welcome home to this exceptional 1906 Craftsman bungalow in Pasadena's highly desirable Bungalow Heaven Landmark District. First time on the market in twenty-five years. It's rare to find a Craftsman of this size in Bungalow Heaven, with five bedrooms and three baths. Both the living room and dining room feature architectural details typical of a Craftsman home; crown moldings, boxed-beam ceilings, wainscoting, built-in china cabinetry, bookcases, window benches and French doors. An abundance of large picture windows provide beautiful, natural light. The well-laid out kitchen has plenty of storage, generous granite counter space, equipped with a Viking gas range, and an island counter bar for in-kitchen meals. The floor-plan is perfect for entertaining. Three bedrooms are on the main floor. The front bedroom bath has been recently updated with double vanity, new bath tile and floor tiles. The back bedroom has a private and separate entrance perfect for guests, or additional income. The family room off the kitchen has French doors that open to a large patio surrounded by fruit trees. The second story has two bedrooms and one bath, just awaiting your vision. The lot is expansive at almost 12,000 square feet with ample room for RV parking along side the two-car garage. Additionally one could explore the notion of an ADU as there's ample space. This could be your dream come true.
Listed with Roxanne Treloar, 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/! - Fri, 14 May 2021 09:24:00 +0000: $1,150,000 :: 1490 N Grand Oaks Avenue, Pasadena CA, 91104 - Pasadena - Solds - SFR
3 beds, 2 baths
Home size: 1,235 sq ft
Lot Size: 6,970 sq ft
Added: 04/05/21, Last Updated: 05/14/21
Property Type: Single Family
MLS Number: P1-4075
Community: 646 - Pasadena (NE)
Tract: Not Applicable
Status: Sold
This traditional home located in the ever-popular President streets neighborhood has been extensively refurbished in the past seven years. Included in upgrades are the following: all electrical, including Lutron-controlled energy-efficient LED lighting and generator-ready instant-connection, energy-efficient central air and heating system, copper piping in most of the house, house roof, and just installed new concrete driveway. Additionally, a new bath and walk-in closet were installed in the primary suite in 2015 and the kitchen was remodeled in 2019. The light-filled home offers newer flooring in many rooms as well as a handsome fireplace in the living room. French doors from the primary suite lead to a newer deck which offers delightful views of the rear yard and mountains in the distance. Close to shopping and transportation opportunities.
Listed with Bill Podley, 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/!
