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Pasadena Home Sales Update

2013 has a strong start for Pasadena home sales.  Pasadena California is in a strong seller’s market.  No longer do home buyers have plenty of homes to choose from.  And, the prices are going up… Thankfully, the interest rates are still at record lows, but they only fuel the desperation seen in the market place with multiple home buyers bidding for same home.  This should be no surprise for my readers since I’ve been talking about the market turning for quite awhile now.

But, let’s take a look at historical data.

Pasadena home sale statistics 2003 to 2012

Highlights:

  • Average sold prices in Pasadena are back to just above 2003 levels.  $668,040 would buy you an average 3 bedroom, 2 bath home last year.
  • Inventory of available homes is the lowest in 10 years – January 2013 had only 122 Pasadena homes for sale!
  • More homes are in demand.  A whopping 938 homes have been sold last year.  We have not seen this volume since 2006.

Interesting Facts:

  • 1 in 3 homes were purchased for all cash last year.  
  • 2nd mortgages are almost non-existent – only 1.8% of home owners were able to get a 2nd loan with their purchase.  Almost 43.4% of all home purchases in 2006 had a 2nd mortgage.
  • More home buyers are taking advantage of the low interest rates by locking in fixed rate loans.  3.7% in 2012 was the average compared to 6.4% in 2006.
  • Affordability is at 51% in 2012, up from only 12% in 2006.

Now… FUN facts:

  • Highest priced home sale in Pasadena in 2012 closed at over $8 million!
  • So far, in the first month of 2013, Pasadena already had a home sale over $7 million!!!

READ MORE:  Pasadena real estate update 2012 – see luxury home sales.

Statistics gathered from Pasadena Foothill Association – Single Family Homes only.


Irina is a Top Realtor and the founder and President of Pasadena Views Real Estate Team™. She is available to assist you in all of your Real Estate transactions. Email or call her today at (626)629-8439.

Interested in seeing what available for sale? Take a look at the home listings below. The information is updated real-time as new homes are entered into the Multiple listings service:

  • Sat, 17 Apr 2021 09:04:00 +0000: $883,000 :: 2855 Butter Creek Drive, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 1,735 sq ft
    Lot Size: 2,614 sq ft
    Added: 04/01/21, Last Updated: 04/17/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: AR21065937
    Community: 646 - Pasadena (NE)
    Status: Active


    GORGEOUS, CLEAN AND MOVE-IN READY! LARGEST FLOORPLAN IN ROSE COURT COMPLEX. EXCLUSIVE OWNER DRIVEWAY not shared with a neighbor. Craftsman-style townhomes in a friendly neighborhood. This home has just been renovated with fresh new paint throughout, fixtures and fittings, farm-style stainless sink, all new flooring, Quartz countertops, stunning backsplash tile and more. This popular floor plan flows well for formal & casual entertaining. High ceilings and windows allow natural sunlight to beam in. Master bedroom with walk-in closet and en-suite bath. Gorgeous San Gabriel mountain views from the kitchen/family rooms. The kitchen’s counter-bar is great for conversation while cooking and subtly separates the family and/or dining room. Sparkling, gated association pool and spa is just across the street. 2-car attached garage. Indoor laundry. Appliances included. When the Rose Parade returns, they line up on Washington and this complex receives complimentary viewing passes. Included with professional photos are VIRTUALLY STAGED photos. We're back on the market at NO fault of property.

    Listed with Kelly Campbell-Giurbino CalDRE: 00902880, Pinnacle Real Estate Investments


    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, 17 Apr 2021 08:01:00 +0000: $574,900 :: 25 N Sunnyslope Avenue, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    2 beds, 1 bath
    Home size: 865 sq ft
    Lot Size: 2,614 sq ft
    Added: 12/31/20, Last Updated: 04/17/21
    Property Type: Single Family
    MLS Number: CV21000434
    Community: 648 - Pasadena (SE)
    The price of this listing was last reduced on 4/17/2021 by 4%
    Status: Active


    Wonderful opportunity to own a charming vintage remodeled Spanish-style home in Pasadena. Walking distance to shopping, restaurants, bus-stop and more! Close to freeways, Caltech, Huntington Library. Architectural details such as coved/barrel shaped ceilings, fireplace with mantel, original light fixtures, glass doorknobs. Comfortable front porch and nice backyard area. Brand new paint exterior and interior with new flooring in bedrooms! The living room has high ceilings, arched-doorways, and inviting dark laminate flooring. Both bedrooms have high ceilings, walk-in closets, and ceiling fans. The kitchen is newly renovated (four years old) with new cabinets, counters and even a delightful dining nook! Refrigerator and microwave will remain with property. The bathroom has gray and white tile with original flooring in excellent condition! Tons of storage and even a separate laundry room. Desert landscaping for easy maintenance which can of course be updated to taste. Single-car garage with long driveway. AT THIS PRICE WHY BUY A CONDO AND PAY HOA DUES! NEW SPLIT AC/HEAT UNIT JUST INSTALLED!!!

    Listed with JOY CROSS CalDRE: 00915798, 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, 16 Apr 2021 18:17:00 +0000: $689,000 :: 2454 Oswego Street #101, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,300 sq ft
    Lot Size: 0 sq ft
    Added: 04/16/21, Last Updated: 04/16/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-4250
    Community: 648 - Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    Located on a beautiful tree-lined street, this 2007 - built Mediterranean townhouse offers the perfect tranquil retreat in a convenient location close to all that Pasadena has to offer. With direct street access and a shaded front patio, this townhouse provides the feel of a single family residence. Upon entry, you are welcomed by a bright open concept space that provides an ideal living, dining and kitchen combination. The updated kitchen features granite counters, ample cabinet space and stainless steel appliances. A spacious main floor bedroom serves as a great guest bedroom or home office with easy access to an adjacent bathroom. The second floor houses the master suite with a walk-in closet, master bathroom with separate tub and enclosed shower along with an extensive private balcony with mountain and treetop views. Completing this home is a private two-car garage with direct access into the unit, central heating & A/C, double paned windows with custom treatments and a conveniently located interior laundry closet.

    Listed with Benjamin Kelly CalDRE: 01414185, 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, 16 Apr 2021 16:09:00 +0000: $2,980,000 :: 1110 Linda Vista Avenue, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    4 beds, 5 baths
    Home size: 4,498 sq ft
    Lot Size: 19,385 sq ft
    Added: 02/12/21, Last Updated: 04/16/21
    Property Type: Single Family
    MLS Number: 21692840
    Community: 645 - Pasadena (NW)
    The price of this listing was last reduced on 4/16/2021 by 7%
    Status: Active


    Grand Traditional home with private gated rose lined entrance in coveted Linda Vista neighborhood. The majestic Oak trees and tall greenery surrounding the property ensures your complete privacy. The expansive and elegant living room features arched windows creating a light filled room. A stunning cooks kitchen with 2 large marble center islands, custom cabinets, Viking cooktop, stainless steel refrigerator & double ovens makes parties a breeze. Master suite retreat with FP and views of the pool. Step outside to the spacious and lovely decked patio the length of the house with sparkling pool, outdoor bathroom/shower ideal for summer parties, especially on the 4th of July where you can enjoy the famous Rose Bowl Fireworks.

    Listed with Elsa Nelson CalDRE: 00703311, Nelson Shelton Real Estate Era Powered


    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, 16 Apr 2021 16:09:00 +0000: $970,000 :: 3232 La Vina Way, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 2,131 sq ft
    Lot Size: 197,763 sq ft
    Added: 02/16/21, Last Updated: 04/16/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: WS21032104
    Community: 648 - Pasadena (SE)
    The price of this listing was last reduced on 4/16/2021 by 3%
    Status: Active


    Located in the prestigious San Marino Unified School District and situated among mature oak trees and a wooded, park-like sanctuary, this elegant end-unit 3 bedroom, 3 bathroom Pasadena Townhome immediately impresses with 2,132 interior sf. and boasts two spacious, private Master Suites. Vaulted ceilings are present throughout and floor to ceiling sliding glass doors open to a quaint patio, which brings the outside in. The remodeled kitchen is customized for maximum functionality with optimum storage and granite countertops. Premium closet space, as well as an oversized two-car attached garage with direct access, provides even more storage and daily convenience. The grounds are meticulously maintained and offer a beautiful pool and spa area with a lush, shaded greenbelt for children to play within. In a prime location known as the Huntington Grove Estates, you will enjoy close proximity to grocery stores, restaurants, retail shopping, parks, and everything convenient. Come see this centrally located hidden gem!

    Listed with EDWARD CHEN CalDRE: 01758593, Re/Max Vertex


    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, 16 Apr 2021 13:30:00 +0000: $8,495,000 :: 880 La Loma Road, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    8 beds, 7 baths
    Home size: 7,479 sq ft
    Lot Size: 85,378 sq ft
    Added: 04/16/21, Last Updated: 04/16/21
    Property Type: Single Family
    MLS Number: 21712156
    Community: 647 - Pasadena (SW)
    Status: Active


    Once-in-a-lifetime opportunity to own a history rich, world class property in the heart of Pasadena within coveted South Arroyo. Once set to iconic Hollywood scenes, this one-of-kind trophy estate sits on a sprawling approx. 2 acre lot with rolling lawns, lush gardens, exquisite outdoor living spaces, dazzling pool, dramatic driveway, and soaring trees providing utmost privacy. The gorgeous main house welcomes you with a sweeping staircase, elegant chandelier and exquisite wallpaper. An entertainers dream, the main level is accented by grand archways for a seamless flow through spaces and oversized picture windows for floods of California sunshine. Retreat to the second level where you will find gorgeous bedrooms with their own personality and custom finishes/features. Perfect for a media room, kids playroom, gym, or more, the spacious upper level provides added space to cater to any need. In addition to the incredible main structure, the expansive grounds feature an enchanting studio and garage boasting sophisticated side bar and upper level quarters with endless potential. By renowned architects Sylvanus Boardman Marson and Garrett Van Pelt, this stunning traditional estate was built with the finest craftsmanship and meticulous details fit for the the most discerning buyer.

    Listed with Sally Forster Jones CalDRE: 00558939, 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, 16 Apr 2021 12:20:00 +0000: $749,000 :: 840 E Green Street #316, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    1 bed, 1 bath
    Home size: 1,216 sq ft
    Lot Size: 53,579 sq ft
    Added: 04/16/21, Last Updated: 04/16/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-4230
    Community: 648 - Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    Upon entering the building, it is easy to notice the numerous amenities and the concierge/security service when going to the elevator and up to this condo on the 3rd floor. After passing through this condo's front door, one is immediately struck by high ceilings, stylish tile flooring, warmth, and natural light. This corner unit features west-facing windows ideal for watching the sunset from home. Off the entry is a room that works as a 2nd bedroom with a Murphy bed, a closet, and a new light/fan system. The stylish primary bedroom is carpeted and ample, with plenty of room for mobility. The built-out, walk-in closet is a few steps away from the bedroom and is generously sized with an abundance of space. Connected to the bedroom is the spacious bathroom with a tile floor. The bathroom has plenty of storage cabinets and two separate sinks. The updated kitchen features granite countertops, a new LG stove, a new sink and faucet, additional stainless-steel appliances, and a built-in wine rack above the fridge. The kitchen opens up nicely to the living room appointed with a new light fixture and new Smith & Noble blinds. The space is perfect for hosting friends and family. This condo also features a remodeled laundry room with a large storage closet. In addition to the unit, this residence has access to the Prado building amenities, including a resort-style pool, a movie theater, a gym, and 24/7 concierge/security. The Prado is a fantastic executive complex with convenient amenities and is very accessible to Pasadena's best restaurants, shopping, and the Metro Gold Line.

    Listed with Jason Berns CalDRE: 01787757, 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/!


  • Fri, 16 Apr 2021 12:20:00 +0000: $435,000 :: 1127 e E Del Mar Boulevard #413, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    1 bed, 1 bath
    Home size: 844 sq ft
    Lot Size: 0 sq ft
    Added: 04/14/21, Last Updated: 04/16/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-4231
    Community: 648 - Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    This spacious condo has an open floor plan, newer wood flooring, and a large patio for relaxation and entertainment. Located in a highly desirable and convenient location, close to Caltech, South Lake Avenue, the Pasadena Playhouse District and the Metro Gold Line. The Casa Pasadena complex offers a community pool, spa, outdoor dining with built in barbecues, fitness center, sauna and clubhouse.

    Listed with Mei-Mei Liu CalDRE: 01329663, 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, 16 Apr 2021 08:27:00 +0000: $750,000 :: 35 N Raymond Avenue #201, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    1 bed, 2 baths
    Home size: 1,090 sq ft
    Lot Size: 16,553 sq ft
    Added: 04/07/21, Last Updated: 04/16/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: TR21075096
    Community: 647 - Pasadena (SW)
    Status: Active


    Great Location! This amazing find is a gorgeous split level one bedroom luxury condominium with controlled secure entry in the heart of Old Town Pasadena. This unit has an open floor plan with 20’ ceilings and lots of natural light from its very large windows featuring custom window treatments. The large loft master suite has a huge walk-in closet with custom built in shelves and drawers. The master bathroom features marble tile and walk-in shower with custom rain head. The kitchen has beautiful granite counter tops enhanced with lots of cabinets and drawers. The building was completely remodeled for luxury condominiums in 2006 with new HVAC, plumbing, and electrical. The Boston Centennial Building has gated parking and is elevator accessible to all levels. This pet friendly building is within walking distance to the parks, fine restaurants, shopping, beautiful Pasadena City Hall, movie theaters, and much more. Located two short blocks from the Metro Gold Line which runs from Union Station to Azusa (Citrus College). The bus lines nearby go to JPL, Cal Tech, Artcenter, PCC and North Hollywood. Enjoy the Pasadena lifestyle with world class museums, prestigious colleges, the Rose Bowl, the historic Rose Parade, and San Gabriel mountains all close by.

    Listed with Julie McDonough CalDRE: 01013933, Amerisell Advantage 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, 16 Apr 2021 07:32:00 +0000: $590,000 :: 903 S Marengo Avenue #5, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 836 sq ft
    Lot Size: 9,148 sq ft
    Added: 04/03/21, Last Updated: 04/16/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-4224
    Community: 648 - Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    MADISON HEIGHTS Townhome!!!! This stylish updated townhome style condo has close proximity to Old Pasadena, South Lake, with commutes to DTLA by way of the Filmore Metro Gold Line and 110 FWY. Impeccable, quiet and charming, this complex offers comfort with beautiful landscaping. With only one common wall, you have an extra layer of privacy. This unit offers a cozy layout with 2 bedrooms upstairs (one of which is currently functioning as an office) with soaring ceilings and a contemporary bathroom. You will find tons of upgrades throughout the unit including a full kitchen remodel, wood floors both upstairs and downstairs, newer windows, custom closets, large 2 car garage and a 50 gallon water heater. All appliances are included. The complex has made many updates as well including a new roof, new fencing, and paint. Come see this one today!!

    Listed with Keith Harrington CalDRE: 01896867, 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/!


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