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.
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, 23 Oct 2024 21:38:00 +0000: $6,500,000 :: 1473 San Pasqual Street, Pasadena CA, 91106 - Pasadena Home Search
5 beds, 7 baths
Home size: 10,064 sq ft
Lot Size: 28,005 sq ft
Added: 05/01/24, Last Updated: 10/23/24
Property Type: Single Family
MLS Number: P1-17489
Community: Pasadena (SE)
The price of this listing was last reduced on 10/23/2024 by 7%
Status: Active
Luxury Italian Revival estate built with the finest of materials in 2010. Situated on a large, level and gated lot in the Cal Tech area, and spanning over 10,000 sf across 3 levels, the property features materials and craftsmanship rarely seen in newer custom homes. Traveling the 100 yard driveway from the gated entrance, the exterior features Santa Barbara Sandstone with arched doorways and windows. Constructed with luxury materials akin to those used during the opulence of the Roaring 20's: Carved wood ceilings, granite moldings, hand carved marble bathtub in primary bath, Brazilian mahogany cabinets, solid core wood doors, pebble leather wall coverings & antiqued French limestone flooring are featured throughout the interior. Architectural spiral staircase with wrought iron railings, as well as modern elevator allow for convenient traversing. High ceilings create space and openness: 3-story ceiling in entry; 20' ceiling in family room and 10' ceilings throughout. Outside, three car garage with attached office, sunken sports court and large pool and spa anchored by towering 14' water wall provide the best in Southern California entertaining and living. *FEATURES: *5-BR Suites, 3 Add'l BA's. *Entry-level: Foyer, dining room, living room, family room, kitchen w/breakfast area, butler's pantry, mud room, BR suite, 2 Add'l BA's, covered patio w/FP. *Upper-level: Primary BR Suite w/2 WC's, 2 BR suites, covered patio w/FP. *Lower-level: Theater, gym, great room w/FP opening to sports crt, BR suite, BA. *Elevator servicing 3-levels. *3-car garage w/office. *Pool & spa w/14' water wall. *Fully gated w/automatic driveway gate. *Sports court. *600 AMP electrical, copper plumbing. *Lutron home automation system.
Listed with Brent Chang CalDRE: 01822562 | (626) 487-8100, 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, 23 Oct 2024 19:15:00 +0000: $999,999 :: 547 Douglas Street, Pasadena CA, 91104 - Pasadena Home Search
3 beds, 2 baths
Home size: 1,383 sq ft
Lot Size: 9,536 sq ft
Added: 10/02/24, Last Updated: 10/23/24
Property Type: Single Family
MLS Number: WS24204144
Community: Pasadena (NE)
The price of this listing was last reduced on 10/23/2024 by 26%
Status: Active
Seller is ready to sell. Price deduction reflects seller's motivation. Come to our open house on Thursdays- Saturday to take advantage of this great deal. Welcome to this stunning single-story Craftsman Bungalow nestled in the heart of Pasadena. Fully renovated with meticulous attention to detail with city permits, this home offers a blend of modern amenities and classic charm. Step inside to discover a spacious interior featuring high ceilings, an open concept layout and beautiful super large bay windows in living room and master bedroom. The brand-new kitchen is a chef's delight, boasting a large island, top-of-the-line stainless steel appliances, and stylish cabinetry. Adjacent, you'll find a cozy den that can easily serve as a fourth bedroom, ideal for flexible living arrangements. The home features three airy bedrooms and two beautifully appointed bathrooms with quality countertops, cabinets, and top-line accessories. The masterfully renovated property also includes new flooring throughout, new double-pane windows, new doors, new roof, new plumbing, and new sewer line underneath, new A/C and furnace, new water heater, ensuring both comfort and efficiency. Outside, enjoy the large rectangular yard with a picturesque orange tree-lined driveway leading to the detached garage. The hug front porch invites relaxation, while the meticulously landscaped front and back yards offer new lawns and beautiful flowers, perfect for outdoor entertaining and leisure. Located in a desirable south-facing position, this home provides easy access to the 210 and 134 freeways, Old Town Pasadena, Pasadena City Park, and renowned local dining options. Experience modern living in a historic setting at this exquisite Pasadena gem.
Listed with RAE ZHANG CalDRE: 02011752 | 626-545-2222, REMAX MY HOME
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, 23 Oct 2024 17:53:00 +0000: $698,000 :: 1127 E Del Mar Boulevard #235, Pasadena CA, 91106 - Pasadena Home Search
2 beds, 2 baths
Home size: 1,288 sq ft
Lot Size: 107,772 sq ft
Added: 10/23/24, Last Updated: 10/23/24
Property Type: Condo/Townhouse/Co-Op
MLS Number: TR24218143
Community: Pasadena (SE)
Status: Active
Discover your ideal home in this bright 2-bedroom suite condo, nestled in the heart of Pasadena. The community design offers a light blend of old Spanish Revival architecture and Pasadena urbanity. Upon stepping inside the simple, yet efficient, layout of this top corner unit, you will find a bright, south-facing living area bathed in natural light, creating an inviting airy atmosphere. The living space seamlessly flows out to a spacious patio, perfect for morning coffee and Sunday reads. The well-appointed kitchen features a breakfast bar, electric stove, refrigerator, and dishwasher, bringing simplicity and practicality to both cooking and casual dine-ins. Each bedroom suite boasts a walk-in closet and a generously sized shower/tub, providing much comfort and space. Enjoy the ease of access of our two dedicated parking spaces and take advantage of the community's exceptional amenities, including a sparkling pool, relaxing spa, outdoor cooking area, clubhouse, gym, and sauna. Built directly across from Caltech, this home places you near the center of Pasadena’s eclectic lifestyle. Explore the nearby entertainment, cafes, trendy shops, and dining options in Old Town Pasadena, the Playhouse District, the Rose Bowl, at the Paseo, and much much more. Don’t miss the opportunity to make this inviting home your own—where comfort, convenience, and community come together in Pasadena! *Some photos are virtually staged.*
Listed with Lawrence Chen CalDRE: 02094623 | 626-855-2530, A + Realty & Mortgage
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, 23 Oct 2024 17:38:00 +0000: $650,000 :: 973 E Villa Street #2, Pasadena CA, 91106 - Pasadena Home Search
2 beds, 2 baths
Home size: 1,043 sq ft
Lot Size: 20,792 sq ft
Added: 08/24/24, Last Updated: 10/23/24
Property Type: Condo/Townhouse/Co-Op
MLS Number: PF24169348
Community: Pasadena (NE)
Status: Conditional
Great starter condo, convenient location. First floor features a spacious and bright living room, dining room, kitchen and 1/2 bath. There is a private patio off the living room. Upstairs there is a very large primary bedroom, room for an office or work out area. Large guest bedroom with a balcony, perfect to enjoy your morning coffee. Both bedrooms share a full bath. There are new carpets, new light fixtures, new paint, and new linoleum in kitchen and baths. Also, new toilets, and newer water heater. 2 Car attached garage features a laundry nook. Central air and heat. Seller will leave washer, dryer, and refrigerator.The condo is close to the 210 Freeway, Gold Line, Cal Tech and Lake Ave., with many restaurants and shops.
Listed with Jan Thornton CalDRE: 01022261 | 626-440-5100, Berkshire Hathaway Home Serv.
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, 23 Oct 2024 15:31:00 +0000: $3,475,000 :: 1506 E California Boulevard, Pasadena CA, 91106 - Pasadena Home Search
5 beds, 4 baths
Home size: 3,881 sq ft
Lot Size: 26,968 sq ft
Added: 10/23/24, Last Updated: 10/23/24
Property Type: Single Family
MLS Number: P1-19707
Community: Pasadena (SE)
Status: Active
Three visionary architects, Reginald Johnson, Gordon Kaufmann, and Roland Coate, joined forces in 1922 to create the new California Style of architecture. This collaboration was a significant moment in the history of Southern California's architectural landscape, marking a departure from the prevalent architectural trends of the time. In 1924, they designed this one-story Early California Rancho beautifully sited on a 26,000+ square foot lot set back from the street and shielded by mature trees and hedges. Located in the CalTech/ Huntington Library area of Pasadena. The City of Pasadena has determined that the Thomas House is eligible to be listed in the National Register of Historic Places. Designed in a U shape around a generous patio, the floor plan has a sense of unity and simplicity, offering ease and flow to the public and private areas of the home. The house has 5 bedrooms, 4 baths, a formal entry with a barrel vaulted ceiling, a dining room with fireplace, a living room with a fireplace and vaulted ceiling, and a large tile floor galleria. Graced by solid wood carved doors, hardwood floors, high ceilings, and parklike views from nearly every vantage point. Experience outdoor hospitality with a sparkling pool, patios, and charming landscaped gardens featuring meandering decomposed granite paths. Adorned with fruit and olive trees, vibrant roses, and fragrant, drought-tolerant plants. The perfect retreat under a grand oak tree is a charming studio guest house with a 3/4 bath and a welcoming front veranda. Cherished by its current owner for over four decades, this beloved property is ready for someone new to care for and preserve it. Take advantage of this opportunity to own a piece of history and make it your own.
Listed with Robin Stever CalDRE: 00916653 | (626) 695-2846, 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, 23 Oct 2024 14:33:00 +0000: $8,995,000 :: 114 Los Altos Drive, Pasadena CA, 91105 - Pasadena Home Search
10 beds, 12 baths
Home size: 10,082 sq ft
Lot Size: 73,595 sq ft
Added: 10/23/24, Last Updated: 10/23/24
Property Type: Single Family
MLS Number: 24455385
Community: Pasadena (NW)
Status: Active
The Charles H Thorne House; an alluring Spanish Colonial revival masterpiece created by California's most renowned architect; Wallace Neff AIA. Inspired by the Mission San Juan Capistrano, Neff intentionally crafted this opulent estate centered around a romantic, verdant courtyard overflowing with floral gardens of bougainvillea and a focal, tiered fountain atop a sprawling 1.7-acre lot with expansive views of the San Gabriel Mountains and Valley. Originally designed for early Montgomery Ward leader and Occidental College trustee Charles H. Thorne during the 1920's Golden Age for architecture, this home has been expertly restored and lovingly cared for by its owners of the last five decades. Quietly concealed behind wrought iron gates on a private lane in the exclusive Los Altos neighborhood, just minutes away from the members-only Annandale Golf Club, is this architecturally notable stucco abode. Grand double glass doors, dramatic arches, wood-beamed ceilings, ornate iron details, and refined mosaic tiles are some of the many impressive design details carried throughout the 9,000+ SqFt main house. This thoughtfully curated floorpan is comprised of a chef's kitchen with black-and-white checkered floors, walk-in butler's pantry, library with custom built-in bookcases, and two generous primary bedrooms, each with luxurious en-suites, in addition to various living spaces. A grassy pad adorned by Italian stone pines and tile lined balconies complete this picture-perfect outdoor oasis.
Listed with Josh Flagg CalDRE: 01470467 | 310-903-9492, 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, 23 Oct 2024 14:27:00 +0000: $1,850,000 :: 990 E Howard Street, Pasadena CA, 91104 - Pasadena Home Search
5 beds, 3 baths
Home size: 2,480 sq ft
Lot Size: 12,110 sq ft
Added: 10/10/24, Last Updated: 10/23/24
Property Type: Single Family
MLS Number: 24449483
Community: Pasadena (NE)
Status: Conditional
Pasadena's scenic Historic Highlands neighborhood treats you to an abundance of tree-lined streets and character-rich homes. This large, lovely Craftsman is no exception and is set back from the street by a serene front yard. The welcoming porch invites you to relax and marvel at the majestic San Gabriel Mountain views in front of you. Inside, the formal foyer leads you to large living and dining rooms featuring beautiful box-beam ceilings & built-in cabinetry. Classic elements continue with a granite rock fireplace, picture window and vintage pink hallway bath. Flex space adjacent to the living room would make a great den / tv room. The primary suite on the first floor includes a generous walk-in closet and thoroughly remodeled bathroom. The kitchen has been lovingly renovated in the spirit of the architecture, sporting a double farmhouse sink, butcher block countertops and custom leaded glass cabinets. Upstairs, you'll find 3 sizable bedrooms, a full bath and a light-filled corner room that can function as an office, play space or yoga room. Oak, maple and Douglas fir wood flooring adorn much of the home, as do glass doorknobs and stunning windows. You'll find the washer/dryer, a second fridge and workshop or storage areas in the basement. Park-like grounds offer plenty of space for outdoor living, dining and play -- or even a swimming pool or ADU. Extensive upgrades in the past few years include electrical, dual-zone HVAC, ducting, foundation and more. A wonderful property in one of the area's most desirable pockets!
Listed with Ellen Philips CalDRE: 01945741 | 323-559-3048, Sotheby's International 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, 23 Oct 2024 12:13:00 +0000: $1,195,000 :: 352 S Carmelo Avenue, Pasadena CA, 91107 - Pasadena Home Search
3 beds, 2 baths
Home size: 1,550 sq ft
Lot Size: 5,158 sq ft
Added: 10/22/24, Last Updated: 10/23/24
Property Type: Single Family
MLS Number: P1-19691
Community: Pasadena (SE)
Status: Active
Welcome to this well-maintained traditional-style home, ideally situated just a block from San Marino in the prestigious Cal Tech-San Pasqual neighborhood. This delightful residence features 3 bedrooms and 2 bathrooms, offering a perfect blend of comfort and convenience.The thoughtfully designed floorplan includes a spacious primary suite at the back of the house, providing a private retreat, while two additional bedrooms with a shared bath are located at the front. The open kitchen seamlessly flows into a large family room, complete with sliding glass doors that lead to a deck and a private backyard--perfect for entertaining or relaxing.Nestled at the end of a quiet cul-de-sac, this home boasts numerous updates, including new paint, floors, sewer line, hot water heater, newer windows, roof and copper plumbing. Enjoy the convenience of being in the heart of Pasadena, near the Huntington Library and Gardens, the Rose Parade Route on Colorado Blvd, shopping, dining and all that the City of Roses has to offer!
Listed with Nichole Dunville CalDRE: 02058773 | (626) 627-1010, 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, 23 Oct 2024 11:52:00 +0000: $799,000 :: 125 N Raymond Avenue #210, Pasadena CA, 91103 - Pasadena Home Search
1 bed, 2 baths
Home size: 1,080 sq ft
Lot Size: 30,553 sq ft
Added: 06/17/24, Last Updated: 10/23/24
Property Type: Condo/Townhouse/Co-Op
MLS Number: P1-18105
Community: Pasadena (SW)
The price of this listing was last reduced on 9/14/2024 by 4%
Status: Active
NEW LOOK & NEW PRICE! Welcome to the lovely Raymond Renaissance Building, built in 2009 next to and over the historic Raymond Theater which was extensively renovated and restored. This 47 unit concrete and steel construction complex is located in Old Town Pasadena next to Memorial Park and is a block away from the Metro Gold Line Station and the Levitt Pavilion for summer concerts. You are surrounded by numerous restaurants and retailers providing urban living at its finest. Unit 210 is a modern, loft style condominium with stylish polished concrete floors throughout, high ceilings, recessed lighting, a well equipped kitchen with handsome wood cabinets, granite countertops and stainless steel appliances. The living room is open to the kitchen and has massive windows with city views and access to the generous sized balcony for enjoying city life. There is also a powder room on this level. As you go upstairs there a bright, loft style bedroom with a very large closet and an expansive primary bath with double sinks and linen storage. There is a large landing on this level which makes a perfect spot for a home office and is adjacent to the laundry closet with a side by side washer/dryer. There is also a tankless water heater. Building amenities include gym, spa, and open courtyard with seating and controlled access. Elevators service the garage, lobby and each floor. The secured parking garage offers 1 assigned parking space. This is a great opportunity for a place to live where you don't need to get in your car for dining, shopping and entertainment options!
Listed with Tony Dowdy CalDRE: 01347010 | (323) 804-3542, 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, 23 Oct 2024 11:31:00 +0000: $1,197,000 :: 244 Crystal Lane, Pasadena CA, 91103 - Pasadena Home Search
4 beds, 2 baths
Home size: 1,593 sq ft
Lot Size: 7,502 sq ft
Added: 09/06/24, Last Updated: 10/23/24
Property Type: Single Family
MLS Number: TR24185309
Community: Pasadena (NW)
Status: Conditional
Nestled on a charming, private road in the coveted Garfield Heights neighborhood of Pasadena, this beautifully updated single-story home offers 4 spacious bedrooms and 2 modern bathrooms. A unique feature of this property is the exclusive ownership of street parking, providing convenience and privacy. Inside, you’ll find fresh paint and gleaming floors that enhance the home’s sleek, contemporary design. The kitchen has been tastefully updated with modern finishes and appliances, while both bathrooms have been refreshed to offer a spa-like retreat. The backyard is spacious and perfect for entertaining. This home is the perfect blend of style, comfort, and location.
Listed with Aryana Castaneda CalDRE: 01491733 | 626-609-9418, WERE 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/!
