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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:

  • Wed, 27 Oct 2021 13:41:00 +0000: $800,000 :: 1947 N Marengo Avenue, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    4 beds, 1 bath
    Home size: 1,104 sq ft
    Lot Size: 11,762 sq ft
    Added: 10/27/21, Last Updated: 10/27/21
    Property Type: Single Family
    MLS Number: PW21236800
    Community: Not Defined
    Status: Active


    Fixer Upper

    Listed with Brittany Wyant CalDRE: 01929322, Titanium 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 Oct 2021 13:32:00 +0000: $2,495,000 :: 200 Los Altos Drive, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    3 beds, 4 baths
    Home size: 2,546 sq ft
    Lot Size: 77,102 sq ft
    Added: 10/11/21, Last Updated: 10/27/21
    Property Type: Single Family
    MLS Number: P1-7055
    Community: Pasadena (NW)
    Tract: Not Applicable
    Status: Conditional


    Located on a private road in the prestigious Los Altos Hills, 200 Los Altos Drive offers charming single-story living with irreplaceable, panoramic mountain and city views. This French Regency-style home is sited on 1.77 acres and was skillfully reimagined by architect Frederick R. Weier in 1984. With three ensuite bedrooms, 2,546 square feet of living space, and the expansive outdoor space to curate the lifestyle of your dreams, this home is certainly a special offering. Seated underneath tall trees, the home exterior features a large driveway and manicured landscaping. Inside, herringbone hardwood floors glisten and beautiful built-ins provide the perfect space for your personal library. The living room includes a fireplace and expansive windows that look out to the incredible views. The kitchen offers wood cabinetry, granite countertops, stainless steel double ovens, and a laundry area. Each bedroom provides its own elegant design details and lovely views.Outside is a wonderland, with views of the San Gabriel mountains, city hall, Colorado Street bridge and more. Wander through the sweet garden and verdant landscaping and enjoy a seating area under the pergola, a brick patio, and lush trees. With room to build more on the flat property, great opportunities await. Moments from hiking, golf, and the Rose Bowl, welcome to convenient West Pasadena living. A two-car carport adds ease. For those looking to seize a property bursting with creative possibilities and featuring a spectacular backdrop for life, this home has it all.

    Listed with Rita Whitney CalDRE: 01209004, The Agency


    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 Oct 2021 12:41:00 +0000: $1,695,000 :: 658 W Howard Street, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    4 beds, 5 baths
    Home size: 2,800 sq ft
    Lot Size: 9,584 sq ft
    Added: 10/27/21, Last Updated: 10/27/21
    Property Type: Single Family
    MLS Number: PF21236037
    Community: Pasadena (NW)
    Status: Active


    Bordering the World Famous Pasadena Rose Bowl and enticing hiking trails lining the Arroyo Seco, sits this carefully curated Modern Farmhouse recently designed and built by DCLA.The San Gabriel Mountains offer a picturesque backdrop forthis 2800 square foot sprawling single story treasure. Adorned with board and batten exterior siding, drought tolerant landscaping, a lush sea of grass, farmhouse fencing, and a precious porch that invites you to stay.Naturally toned floors, flatter stark white walls, and ample sunlight cascades from the abundantly placed windows. This breezy feel culminates to a wildly effulgent kitchen complete with stunning Soapstone Metropolis quartz counters, crisp cabinets, custom island with strategic skylights, and bespoke iron shelves to harness the Modern Farmhouse vibe.Clean and serene, four generously sized bedrooms along with a massive primary-retreat embody comfort and peace. A delightful courtyard off the kitchen urges you to relish in the much loved Cali sunshine while a broad deck off the primary ensuite sets the scene for SoCal’s starry nights. Endless possibilities and priceless proximity to Pasadena’s best, this gem features upgrades throughout to bring it’s new homeowner nothing but joy.Allow Us To Reintroduce This Home!

    Listed with Autumn Davis CalDRE: 01438120, Berkshire Hathaway Home Services


    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 Oct 2021 12:24:00 +0000: $689,000 :: 279 E Glenarm Street #17, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    2 beds, 3 baths
    Home size: 1,099 sq ft
    Lot Size: 22,652 sq ft
    Added: 10/27/21, Last Updated: 10/27/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 21798158
    Community: Pasadena (SE)
    Status: Active


    Delightful Townhouse located in the historic 19th century neighborhood of Madison Heights. Serene and picturesque with its tree lined streets, this townhome offers 2 bedrooms upstairs both with en suites. Downstairs you can enjoy your morning coffee on the private patio. Soak up the abundance of natural light that the kitchen skylights offer. Granite countertops in kitchen and bathrooms. Host a dinner party in your spacious dining area with access to the downstairs half bath. Cozy up near the fireplace in your living room while binging on Netflix. Allendale Park & Library are only a hop, skip and a jump away! This Townhome has direct access to the 110 freeway. Is walking distance to the metro gold line. Conveniently positioned near Old Town Pasadena, which offers a slew of shops, eateries & bars. **NOT FHA APPROVED**

    Listed with Pilar Oliva CalDRE: 01738884, Ambiance 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 Oct 2021 10:35:00 +0000: $1,200,000 :: 1040 S Orange Grove Boulevard N #20, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,512 sq ft
    Lot Size: 94,961 sq ft
    Added: 10/25/21, Last Updated: 10/27/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-7231
    Community: Pasadena (SW)
    Tract: Not Applicable
    Status: Active


    This is a special unit on s orange grove with two large bedrooms and two bathsA center courtyard patio lets plenty of light into the unitThe kitchen has all new appliances

    Listed with Polly Wheaton CalDRE: 01012361, 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, 27 Oct 2021 09:48:00 +0000: $1,078,000 :: 493 E Jackson Street, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    4 beds, 2 baths
    Home size: 1,844 sq ft
    Lot Size: 10,455 sq ft
    Added: 10/25/21, Last Updated: 10/27/21
    Property Type: Single Family
    MLS Number: P1-7235
    Community: Pasadena (NE)
    Tract: Not Applicable
    Status: Active


    A large, covered porch welcomes you into this remarkable two-story 1923 character home with Craftsman-inspired details while offering a serene view of king palms down Oakland Ave. Located in the desirable national historic landmark district of Orange Heights, this warm and inviting home features a spacious living room with rebuilt fireplace, den, and formal dining room - featuring beautiful dark wood accents and arched French doors. The home also has an updated electrical system, all new copper plumbing, and newer 5-ton HVAC system. The large and bright kitchen features newer stainless-steel appliances, a center island, and lots of cabinet storage. Walk through the back door to an enormous fenced backyard sanctuary with a mini grove of citrus trees and beautifully shaded by a large Chinese elm. The large lot offers endless possibilities including space to add to the existing home or an ADU. The serene and quiet, neighborhood is widely known for its huge Halloween celebration that includes a children's costume parade. Two car detached garage.

    Listed with Bradley Mohr CalDRE: 01220830, 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/!


  • Wed, 27 Oct 2021 09:24:00 +0000: $1,100,000 :: 1232 N Oxford Avenue, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 1 bath
    Home size: 1,114 sq ft
    Lot Size: 6,099 sq ft
    Added: 08/20/21, Last Updated: 10/27/21
    Property Type: Single Family
    MLS Number: PF21170319
    Community: Pasadena (NE)
    Status: Active


    3 Bed / 1 bath home + 1 Bed / 1 bath guest house with approved plans and permits located in Northeast Pasadena. Imagine coming home to this charming bungalow with all the period details. Huge front windows span the front of the home and bring abundant light into the open concept living room and dining room complete with period arch details. The updated kitchen is bright and welcoming with newer appliances and plenty of storage and counter space. Two larger bedrooms open to the hall with one smaller bedroom adjoining another overlooking the spacious backyard. At the end of the hall you will find the updated bathroom with new 1920's inspired floor tile and vanity. The newer designed backyard with mature wisteria is perfect for entertaining with room to play, eat and grow your own food. The garage has been converted to a cozy guest house or office complete with main room, kitchen area, and bath awaiting final permit approval. In addition to the guest house, there is also a bonus room/shop in the rear yard. All this is close to shopping, dining, and beautiful hiking trails. Welcome home!

    Listed with Peggy Vaccaro CalDRE: 00665692, 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, 27 Oct 2021 03:56:00 +0000: $649,000 :: 818 S Marengo Avenue #205, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,075 sq ft
    Lot Size: 30,057 sq ft
    Added: 10/25/21, Last Updated: 10/27/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-7232
    Community: Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    There are many things to love about this complex and unit. This prime location is only three blocks to the Fillmore Station Gold Line making it easy to commute. Trader Joes, CVS and Starbucks near station as well and not far away is Whole Foods. The secure complex has a recently redone pool, spa BBQ along with an open and lovely courtyard and also the exterior was recently updated and painted. This end unit with windows on 3 sides, is on the second floor in the rear of the building for very quiet living. This lovely living space has two very good size balconies which you can access from the living room area and the second bedroom. This unique outdoor retreat offers privacy and true SoCal indoor/outdoor living. You'll see beautiful and recent updates here with a vinyl wood grain floor through out along with moldings, crown molding, paneled doors and beautiful high end Bali window shades. The large living room with adjoining dining area give a very open feeling. The second bedroom used as a den here has 2 closets an adjoining balcony and has a gas log fireplace to enjoy on one of our colder nights. The kitchen has been beautifully redone with quartz counter tops, gray variegated subway tile back splash, Kohler porcelain sink and motion sensor faucet, modern lighting, a wine cooler and black and stainless steel appliances. There are two updated baths here one with Mexican style decor and frameless glass enclosure and the master bath with Travertine tile throughout. The master suite/bedroom is very large with a great walk-in closet. There is a laundry closet in the unit. Elevator and parking for 2 cars in the subterranean garage.

    Listed with John Giardina CalDRE: 01415562, 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/!


  • Wed, 27 Oct 2021 03:17:00 +0000: $929,888 :: 1436 N Summit Avenue, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,729 sq ft
    Lot Size: 10,019 sq ft
    Added: 09/22/21, Last Updated: 10/27/21
    Property Type: Single Family
    MLS Number: CV21217129
    Community: Pasadena (NW)
    Status: Active


    This one is a true Diamond in the rough, sitting directly in the heart of Pasadena where neighbors see and know one another. Beauty at it's best! Featuring 2 bed rooms down stairs/ 2 bedrooms upstairs, an additional separate private space for another room or office separated by a wall. Home has been upgraded with new paint throughout, upgraded kitchen, bathrooms, family room, formal dining, laundry, pantry, open space through out the floor plan, a beautiful breath of fresh air as you relax at home. You will need to preview this diamond to appreciate all of the amenities, upgrades galore. Landscaping is well maintained front and back and is the apple of most neighbors. RV Parking, extended driveway for extra parking, Very nice fencing surrounding the front entrance for added privacy.This 1911 built beauty is well kept through the years looking like it is meant for that perfect family. With room to romp for the little ones, a great entertaining space, living space plenty of shopping you will not be disappointed.

    Listed with BRYANT MOORE CalDRE: 01442138, BRYLEE 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/!


  • Tue, 26 Oct 2021 19:55:00 +0000: $1,520,000 :: 720 Heatherside Road, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    4 beds, 2 baths
    Home size: 2,250 sq ft
    Lot Size: 7,841 sq ft
    Added: 06/27/21, Last Updated: 10/26/21
    Property Type: Single Family
    MLS Number: AR21139896
    Community: Pasadena (NW)
    The price of this listing was last reduced on 7/30/2021 by 5%
    Status: Conditional


    A gorgeous modern-style home was remodeled in 2017. The loving home was built and designed perfectly for a comfortable lifestyle. It nestled on a quiet street in Pasadena's highly desired Linda Vista neighborhood. Upon entering, a formal living room with fireplace is greeting guests. By going upstairs, sparking crystal chandeliers enhance the elegance of the living room and formal dining room. The home's essence is its natural flow between the living room, dining area and gourmet kitchen. The kitchen offers a wine refrigerator, custom cabinetry, and Viking appliances. A French door leads to the patio with barbecue, fireplace, and greenery. The floor features 2 good size bedrooms with a Jack and Jill restroom and a separate great master suite bedroom. The master suite is featuring a fireplace, master bathroom, and walking closet and access by going through a hallway with a gallery of windows.The grounds include a rear backyard and vegetable platters. It locates close to the Rose Bowl, Brookside Golf course, Old Town Pasadena, and easy freeway access.

    Listed with Christopher Ueng CalDRE: 01957221, Treeline Realty & Investment


    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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