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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:

  • Sun, 21 Apr 2024 19:16:00 +0000: $824,800 :: 76 S Grand Avenue, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    1 bed, 1 bath
    Home size: 1,037 sq ft
    Lot Size: 36,778 sq ft
    Added: 03/19/24, Last Updated: 04/21/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: PW24054157
    Community: Pasadena (SW)
    Status: Conditional


    Welcome to South Grand Ave. and all of its architectural majesty! The stunning French Normandie style Vista Grande condominiums are nestled among grand estates, adjacent to the landmark 9th District Circuit Court of Appeals and only a minute from the historic Colorado Street Bridge and Rose Parade route. Old world charm invites you into this exclusive, gated complex and brand new modern amenities and finishes inside the home ensure you won't want to leave. This second story one bedroom, one bathroom home stuns with its impressive 10 foot ceilings, delights with its tastefully completely remodeled kitchen and bathroom and soothes with its bright, natural light throughout. The impressive canopied balcony allows for outdoor living and entertaining space. Views of the courtyard style pool and San Gabriel Mountains are reminiscent of being on holiday. A stackable washer/dryer, stainless steel appliances, new engineered hardwood floors, quartz countertops, beautiful crown molding, warm interior paint and generous storage check all the boxes for a home of this caliber. The complex features a pool, spa, large community room and barbeque/dining area. The unit also receives a dedicated storage unit within the complex, along with 2 adjacent assigned parking spaces in the secured, underground parking garage. It may be difficult to leave such a tranquil environment, but the Rose Bowl, Arroyo Seco hiking, Old Town, premium shopping and dining are just mere minutes away and can easily be a part of the daily lifestyle this home has to offer. This is an opportunity not to be missed!

    Listed with Vince Campion CalDRE: 00706420 | 714-832-0020, 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/!


  • Sat, 20 Apr 2024 21:06:00 +0000: $949,950 :: 178 S Euclid Avenue #412, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    1 bed, 1 bath
    Home size: 824 sq ft
    Lot Size: 22,525 sq ft
    Added: 02/05/24, Last Updated: 04/20/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: SR24025520
    Community: Not Defined
    The price of this listing was last reduced on 4/20/2024 by 1%
    Status: Active


    Built in 2022 this front facing modern chic design fairly new 1 Bedroom/1 Bath top floor unit with No common walls and Treetop Views is located in the heart of Pasadena's historic playhouse district, adjacent to the City's convention center. Only 42 exquisite residences, a common lounge/work area overlooking a lush courtyard are designed with a focus on sustainability. Oak color floors and European cabinets, Samsung appliances, Double sink in Bathroom, Tub and Glass shower Enclosure, Recessed lights, Central Heat and AC and indoor laundry area. 1 Parking space in secure underground Garage and storage space.

    Listed with Mojgan Forutan CalDRE: 02095534 | 818-222-0023, 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/!


  • Sat, 20 Apr 2024 10:34:00 +0000: $999,999 :: 1202 Sunset Avenue, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,152 sq ft
    Lot Size: 9,745 sq ft
    Added: 10/27/23, Last Updated: 04/20/24
    Property Type: Single Family
    MLS Number: SW23200948
    Community: Pasadena (NW)
    Status: Active


    This newly renovated 3-bedroom, 2-bathroom home is everything you need and more. New vinyl plank flooring throughout, a completely redone master bathroom with beautiful tile work, recessed lighting, and new ceiling fans in all rooms. The kitchen is equipped with new stainless-steel appliances and ample cabinetry. The breakfast counter offers seating on either side of the living room and kitchen. The dining room leads out to the beautiful yard with endless possibilities of expansion and an ADU. (INFO NOT GUARANTEED buyer to verify with city) Let’s not forget the convenient proximity to schools, parks, shopping, and restaurants. Beyond its prime location, this property showcases the essence of Pasadena's unique character. The tree-lined streets, beautiful parks, and historic architecture contribute to the area's charm and create an inviting atmosphere for residents to enjoy. Don't miss the chance to make this property your own and immerse yourself in the vibrant and captivating spirit of Pasadena living.

    Listed with Dionne Luna CalDRE: 01865032 | 951-676-9988, ERA Donahoe 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, 20 Apr 2024 09:56:00 +0000: $499,000 :: 2444 E Del Mar Boulevard #109, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    1 bed, 1 bath
    Home size: 817 sq ft
    Lot Size: 31,974 sq ft
    Added: 04/20/24, Last Updated: 04/20/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: AR24078221
    Community: Pasadena (SE)
    Status: Active


    This is your starter home! Excellent East Pasadena Location. Lovely, quiet unit facing inner court yard with spacious patio opening to lounge and BBQ area. Fireplace in living room, updated kitchen, sunny bedroom with large walk-in closet, newer flooring. The Secured building features an updated Lobby, Elevator, Gym, Sauna, Billiards Room, Club Room, Community Courtyard, Laundry rooms on every level, Secured Bike Storage & New Roof (2022)!! Easy access to Old Town Pasadena, Huntington Library, Metro Gold Line, 210 FWY, PCC, Cal-Tech & conveniently located near Colorado Blvd, at the end of the Rose Parade route…this is a must see! Dog friendly.

    Listed with Anita Wong CalDRE: 01928171 | 626-229-2200, Re/Max Premier Prop Arcadia


    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, 20 Apr 2024 09:06:00 +0000: $2,685,000 :: 760 Laguna Road, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    4 beds, 5 baths
    Home size: 3,283 sq ft
    Lot Size: 16,863 sq ft
    Added: 03/27/24, Last Updated: 04/20/24
    Property Type: Single Family
    MLS Number: P1-17015
    Community: Pasadena (SW)
    Tract: Not Applicable
    Status: Conditional


    'Like having your own Huntington Gardens.' In 1956, architect Eugene Weston III crafted this Japanese-influenced Modernist residence in the distinctive Post & Beam style. A testament to masterful design, the home has been thoughtfully updated to preserve its tranquil allure. The entry unfolds through multi-pane oak doors into a spacious living and dining area defined by a singular beamed ceiling and expansive walls of glass. Throughout this area, gleaming hardwood floors accentuate a low, wide fireplace in the living space.From every vantage point within this elegant room, one can admire the captivating Japanese garden enveloping a rock-clad pool adorned with a waterfall. The remodeled kitchen boasts maple cabinets, stainless steel appliances, Caesar Stone countertops, and an inviting island bar. The serene primary suite, featuring two large walk-in closets, connects to a ceramic-tiled bath equipped with a Jacuzzi tub and dual sinks.The main house encompasses two additional bedrooms and a full bath. The lower level houses a renovated wine cellar transformed into two spacious rooms, a kitchenette, 1-1/2 baths, laundry facilities, and ample storage. Nestled in Pasadena's enchanting Lower Arroyo, this residence epitomizes a harmonious blend of modern luxury and timeless design.

    Listed with Lee Cuellar CalDRE: 01781414 | (310) 980-1545, Keller Williams Realty - Los Feliz


    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, 20 Apr 2024 08:58:00 +0000: $1,199,000 :: 1794 Beverly Drive, Pasadena CA, 91104 - Pasadena Home Search
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    3 beds, 2 baths
    Home size: 1,270 sq ft
    Lot Size: 7,188 sq ft
    Added: 04/08/24, Last Updated: 04/20/24
    Property Type: Single Family
    MLS Number: P1-17140
    Community: Altadena
    Status: Conditional


    This beautiful three bedroom Spanish, with two impeccably remodeled baths, sits on the sought-afterand picturesque Beverly Drive. You enter the light-filled interior, via a welcoming front porch, that leadsinto a gracious, expansive living room with an open concept floor plan that connects to the charmingdining area as well as the fully renovated kitchen. It has been stunningly redone with stainless steelappliances, exposed shelving in addition to custom blue/grey cabinetry that is topped by quartzcounters that wrap the space as well as the wide peninsula with bar-style seating. It is picture perfect!The living room also adjoins the front bedroom, currently used as an office, that has glass paneledFrench doors and is an ideal place to sleep or work. Finally, there is a lovely back family room that stepsout to the rear entertaining areas and driveway. No detail has been overlooked.The residence offers an idyllic lifestyle with magazine worthy curb appeal landscaped in drought tolerantCalifornia Natives. The rear yard is equally inviting with numerous fruit trees bordering the yardincluding fig, tangerine, lemon, kumquat and white grapefruit, as well as an area with raised vegetablegarden beds allowing for farm to table dining. There is also a storage shed or workshop that could beused in a variety of ways. This is truly a wonderful place to call home. Don't miss this jewel in our fairCrown City.

    Listed with Dhari Thein CalDRE: 01403784 | (626) 437-7414, 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/!


  • Sat, 20 Apr 2024 08:58:00 +0000: $1,380,000 :: 155 Cordova Street #203, Pasadena CA, 91105 - Pasadena Home Search
    2 beds, 2 baths
    Home size: 2,000 sq ft
    Lot Size: 16,353 sq ft
    Added: 04/20/24, Last Updated: 04/20/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: WS24079064
    Community: Not Defined
    Status: Active


    This beautiful 2 bed, 2 bath condominium is located in the upscale Terra Bella in the heart of Pasadena. Situated on the second floor, this elegant unit provides the feel and privacy of a single-family home, while the Terra Bella boasts the amenities of a five-star resort with gym, spa and pool on the rooftop. The inside of the unit is lined with crown molding, recessed lights and maple engineered hardwood floors. The picturesque great room features a lovely fireplace, the exquisite kitchen features granite countertops, Italian cabinets, and Viking Professional appliances. The large master bedroom includes a walk-in closet and a charming fireplace along with a full en-suite bathroom with a walk-in shower, a spa bathtub, and heated marble tile flooring. There are multiple custom-built accessories though out.

    Listed with Irene Wan CalDRE: 01179295 | 626-292-7880, Irene Wan, Broker


    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, 20 Apr 2024 07:39:00 +0000: $1,900,000 :: 3343 Fairpoint Street, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,473 sq ft
    Lot Size: 22,038 sq ft
    Added: 04/20/24, Last Updated: 04/20/24
    Property Type: Single Family
    MLS Number: PW24033599
    Community: Pasadena (NE)
    Status: Active


    Come see this wonderful buildable property with just over 1/2 acre in Pasadena's most desirable Kinneloa Mesa neighborhood.Same owner for over 45 years. Build your private estate close to trails and golf and just minutes to downtown.

    Listed with Michael Gonzalez CalDRE: 01036602 | 562 644-3731, Amberwood Real Estate, 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, 19 Apr 2024 22:11:00 +0000: $3,399,000 :: 334 Anita Drive, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    6 beds, 5 baths
    Home size: 2,578 sq ft
    Lot Size: 8,081 sq ft
    Added: 03/29/24, Last Updated: 04/19/24
    Property Type: Single Family
    MLS Number: RS24059742
    Community: Pasadena (SW)
    The price of this listing was last reduced on 4/19/2024 by 4%
    Status: Active


    WELCOME TO THE RESORT STYLE LIVING.Unobstructed Panoramic View of mountains and valleys beyond the cities from all levels of the house.TWO HOUSES IN THE SAME LOT with separate entrances, water heaters, and zoned A/Cs:The Primary house (334 Anita Dr.) has 4 bedrooms and 4 bathrooms in 2,058 square feet. The Primary house features dual Master Suites, of which the Grand Master Suite has a spa-like Jetted Tub and a Walk-in Shower behind the double glass doors. Private Laundry closet. Dual zone A/C and a walk-in closet.The newly built Second house (332 Anita Dr.) has 2 bedrooms and a bathroom in 520 square feet.The second house features its own laundry hook up, a separate water heater with heat-pump, and a separate zoned mini-split Air-conditioner. The second house may create a rental income or tax advantages if used as your workplace.Two massive decks with viewpoints for outdoor entertainment events. The wood paneled lower deck just off the Grand Master Suite is filled with warm tranquility.This classic house was originally built in 1949 by Dr. Gilbert Harris, then respected CPA, and has recently been through substantial modernization and upgrade work including two glass-railed balconies behind the 4-glass-paneled folding doors that bring in the outdoor nature. Open Floor Plan with Over-sized kitchen island, abundant cabinet space, all new PEX plumbing and new electrical wiring, and crown moldings throughout.2-car attached garage with epoxy-treated floor and brand-new insulated door. Extra storage/workshop is located behind the garage. All the work has been permitted and inspected by the city of Pasadena. Located in San Gabriel Hills close to Rose Bowl Stadium, Norton Simon Museum, Annandale Golf Club and Tennis Courts, and the Huntington Library and Art Museum, you are in the center of many activities such as art, music, sports, and, above all, annual Rose Parade.No expense has been spared in the total renovation project making this unique property the second-to-none to find in the area.Seller is a CA-licensed realtor.

    Listed with Joanne Shinn CalDRE: 01052935 | 949-701-3257, Paradise 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, 19 Apr 2024 18:19:00 +0000: $999,000 :: 66 N Allen Avenue #5, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 1,700 sq ft
    Lot Size: 16,048 sq ft
    Added: 04/08/24, Last Updated: 04/19/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-17131
    Community: Pasadena (SE)
    Status: Conditional


    Welcome to this meticulously kept Mediterranean townhouse featuring a blend of modern conveniences and elegant charm. Adorned with a picturesque courtyard boasting enchanting fountains and verdant landscaping, this residence offers a serene oasis.This stunning property is boasting maple hardwood that grace every corner, including the stairs, adding warmth and elegance throughout. The kitchen is equipped with gourmet granite countertops with a sleek BRIZO faucet, complemented by Samsung appliances for a seamless cooking experience Cozy up by the fireplace in the inviting living area or bask in the sunshine on the secluded patio.Upstairs, three bedrooms await, including a luxurious main suite complete with a large closet. Additional highlights include a private two-car garage with ample storage, in-unit laundry, and a prime location near Cal Tech, PCC, Old Town Pasadena, Paseo Colorado, Metro, Lake business district, as well as an array of museums, restaurants, and boutiques.LG washer and dryer provide efficiency and convenience. The bathrooms have undergone a complete transformation, featuring luxurious touches such as a jacuzzi bathtub adorned with BRIZO faucets.Stay comfortable year-round with the inclusion of an AC system and a smart Google thermostat. The garage is equipped with 4-Tier Industrial Duty Steel Shelving, providing ample storage space. Additionally, an electric car charger is installed for modern convenience.

    Listed with Ady Simion CalDRE: 01897269 | (626) 607-8652, 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/!


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