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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, 14 Jul 2024 05:22:00 +0000: $838,000 :: 77 S Sierra Madre Boulevard #17, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    2 beds, 3 baths
    Home size: 1,222 sq ft
    Lot Size: 31,616 sq ft
    Added: 04/24/24, Last Updated: 07/14/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: CV24080388
    Community: Pasadena (SE)
    Status: Active


    Welcome to this beautifully maintained townhouse nestled in the serene neighborhood of Lamanda Park in Southeast Pasadena. Ideal for first-time homebuyers, this delightful residence features an updated kitchen with modern appliances and sleek finishes, perfect for culinary enthusiasts. The unit also boasts an oversized patio that provides a private, spacious outdoor retreat for relaxation or entertaining. This townhouse boasts a strategic location that combines suburban tranquility with the convenience of urban living. Situated just minutes away from vibrant local restaurants, you’ll enjoy a variety of dining options right at your doorstep. Whether you're in the mood for a cozy cafe or a fine dining experience, the diverse culinary scene in Pasadena ensures there’s always something to satisfy your palate. For those who commute or love weekend getaways, the proximity to major freeways is a significant advantage, providing easy access to the rest of Los Angeles. Additionally, the nearby city of San Marino offers an upscale touch to your local explorations, featuring exquisite shops, beautiful parks, and cultural attractions. This property is not just a home, but a gateway to a lifestyle of convenience, comfort, and security. Make it your new home and start creating memorable experiences in one of Pasadena’s most desirable locations. Don't miss out on this opportunity to own a piece of Pasadena’s charm—schedule a viewing today!

    Listed with Luka Mihovilovic CalDRE: 02001949 | 818-382-4160, BEVERLY AND COMPANY, 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/!


  • Sat, 13 Jul 2024 22:22:00 +0000: $3,190,000 :: 334 Anita Drive, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    6 beds, 5 baths
    Home size: 2,578 sq ft
    Lot Size: 8,360 sq ft
    Added: 03/29/24, Last Updated: 07/13/24
    Property Type: Single Family
    MLS Number: RS24059742
    Community: Pasadena (SW)
    Status: Active


    WELCOME TO THE RESORT STYLE LIVING.Unobstructed Panoramic View of majestic 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-paneled folding glass 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. Golfers' Dream came true to the newly installed Putting Green in the back yard.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. Please submit your complete offer package including pre-approval letter and proof of funds by email to Listing Agent.

    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/!


  • Sat, 13 Jul 2024 21:30:00 +0000: $1,290,000 :: 2715 Madrillo Court, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,869 sq ft
    Lot Size: 10,729 sq ft
    Added: 06/27/24, Last Updated: 07/13/24
    Property Type: Single Family
    MLS Number: WS24132203
    Community: Not Defined
    Status: Conditional


    Beautifully upgraded Pasadena home with HUGE LUSH front and back yard! This 3-bedroom, 2 full bath home has been remodeled throughout. All three bedrooms are of large size with natural light flowing through double pane ceiling-to-floor French doors. The two full bathrooms have been remodeled with large floor-to-ceiling tiled standing showers. The entire interior has been upgraded to include completely remodeled kitchen, floors, upgraded fixtures, cabinetry, and much more. There is also a big beautiful enclosed sunroom with lots of natural lighting that opens up to the backyard through double French doors. This property sits on a 10,728 sq ft lot in a lovely neighborhood. The expansive front yard has an abundance of lush mature fruit, oak and pine trees, with a long, lush lawn. The roomy backyard is quaint with fruit trees and perfect for entertaining. The entry way is grand and inviting with pillars, rock-scape and fresh flowers. Great curb appeal. Conveniently located near shopping plazas on Huntington Blvd and San Gabriel Blvd. A must see!

    Listed with JOLEEN TU CalDRE: 01998174 | 626-309-1900, 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/!


  • Sat, 13 Jul 2024 19:33:00 +0000: $3,888,000 :: 788 S Grand Avenue, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    4 beds, 3 baths
    Home size: 4,497 sq ft
    Lot Size: 12,280 sq ft
    Added: 04/22/24, Last Updated: 07/13/24
    Property Type: Single Family
    MLS Number: PF24079601
    Community: Pasadena (SW)
    The price of this listing was last reduced on 6/1/2024 by 13%
    Status: Active


    Nestled along the banks of the Arroyo Seco, 'The Villetta', crafted by architect Paul Loveland in 1924 as his personal abode and workspace, stands as a splendidly adorned Italian countryside retreat. Enveloped by a sun-drenched central courtyard, this residence exudes an aura of hospitality, boasting numerous architectural marvels: ornate wrought iron gates and balconies, solid oak doors adorned with studs, a meticulously carved stone fireplace, rich walnut beams, lofty cathedral ceilings, polished hardwood floors, and a modernized gourmet kitchen. The luminous master suite on the main level opens gracefully onto the secluded courtyard, while a welcoming guest suite also resides on this floor. Two additional bedrooms on the ground level, one with a private entrance, offer versatility suitable for older children or a caretaker. Thoughtful renovations have expanded the dwelling to include a spacious family room with a fireplace, an office/library equipped with extensive built-in shelving, an exercise studio, and a refrigerated wine cellar. Outside, the meticulously groomed grounds feature mature foliage, elegant fountains, ambient accent lighting, and quaint courtyards reminiscent of a traditional Mediterranean garden.

    Listed with Adolfo Aguirre CalDRE: 02096534 | 626-205-4040, 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, 13 Jul 2024 17:50:00 +0000: $659,900 :: 300 N El Molino Avenue #107, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,035 sq ft
    Lot Size: 52,534 sq ft
    Added: 07/13/24, Last Updated: 07/13/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: CV24138936
    Community: Pasadena (SE)
    Status: Active


    Ground floor spacious unit with 2 ensuite BR/BA. Located walking distance north of Colorado Blvd and Lake Metro Station. The complex offers pool, spa, exercise room, sauna, bbq area and a lounge. This unit comes with 2 side by side parking spaces. washer/dryer & fridge included.Owner is a DRE licensee..Call agent for more info.

    Listed with Mo Benali CalDRE: 01147004 | 213-590-4426, MO BENALI, 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, 13 Jul 2024 11:42:00 +0000: $1,199,000 :: 655 Westgate Street, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 2,588 sq ft
    Lot Size: 10,503 sq ft
    Added: 07/12/24, Last Updated: 07/13/24
    Property Type: Single Family
    MLS Number: 24414885
    Community: Pasadena (NW)
    Status: Active


    Trust Sale, court confirmation NOT required. Wonderful Spanish style home beautifully situated on a large 10,501 square foot corner lot. Starting with the beautiful curb appeal enter into a tiled floored formal entry and step down into the large living room boasting wood floors, high beamed ceiling and wood burning fireplace. From there step up into the formal dining room leading into the kitchen. Off the kitchen is a large laundry area with a 3/4 bath. On the other side of the house are 3 bedrooms and 2 baths. Also off the living is a small library with built in shelving, French doors leading into a charming lanai area and the backyard. Other features include a 3 car garage (2 spaces are tandem), a second driveway for additional parking and a walk in basement with lots of cabinetry. Looking for the perfect buyer who is willing to update while maintaining the original romantic charm of the home. Assessors records show 4 bedrooms and 2 baths so buyer to verify. Sold AS IS.

    Listed with Ronald G Jackson CalDRE: 01363276 | 310-748-5959, 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, 13 Jul 2024 11:31:00 +0000: $850,000 :: 279 E Glenarm Street #16, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    2 beds, 3 baths
    Home size: 1,099 sq ft
    Lot Size: 22,739 sq ft
    Added: 06/13/24, Last Updated: 07/13/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: AR24121011
    Community: Pasadena (SW)
    Status: Conditional


    *Located in the ever popular Madison Heights neighborhood-- the vibrant Pasadena/Old Town area. *Beautifully Updated and Maintained. * The Complex offers pool and spa.*The gourmet kitchen features a fabulous skylight over the sink that provide the natural sunlight and illuminates the kitchen area.*2 master suites w/ high ceilings & skylight windows.*Master has a walk-in closet & bathroom w/dual sinks*Washer, Dryer, Stove and Refrigerator are Included.*Easy access to the 110 freeway and Los Angeles, Gold Line, and all of the amenities needed for modern living….Shopping and restaurants, retail stores and grocery stores are conveniently nearby.

    Listed with Kevin Kan CalDRE: 02094483 | 909-861-9985, RE/MAX GALAXY


    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, 13 Jul 2024 10:43:00 +0000: $799,000 :: 2453 Loma Vista Street, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 1,364 sq ft
    Lot Size: 152,330 sq ft
    Added: 07/13/24, Last Updated: 07/13/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-18475
    Community: Pasadena (NE)
    Status: Active


    Welcome to this stunning 3-bedroom 3-bathroom townhouse nestled in desirable North East Pasadena. As you step inside, you'll be greeted by a beautifully updated interior, offering a seamless blend of modern amenities and sophisticated styling. The updated kitchen is a focal point of the home, boasting sleek quartz counters, rich dark wood cabinets that provide ample storage space, and stainless steel appliances. The open layout flows seamlessly from the living area into the dining area, creating the ideal space to entertain guests or enjoying meals with friends & family. The home also features bamboo floors, recessed lighting, and updated dual-paned windows. The updated bathrooms showcase contemporary fixtures and materials. One of the highlights of the property is the substantial outdoor patio perfect for alfresco dining and enjoying a cool summer evening. The complex features a sparkling pool - especially important on these warm summer days! Located in the heart of North East Pasadena, this townhouse has it all with easy access to a variety of local amenities, including shopping, dining, and entertainment options. With its prime location and impressive features, this is an incredible opportunity for those seeking a sophisticated and convenient home in a highly sought-after neighborhood. Don't miss out on the chance to make this exquisite townhouse your new home!

    Listed with Maziad Mike Wehbe CalDRE: 02029056 | (626) 390-0136, Berkshire Hathaway Home Servic


    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, 13 Jul 2024 07:34:00 +0000: $899,000 :: 249 Alpine Street #41, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    2 beds, 3 baths
    Home size: 1,042 sq ft
    Lot Size: 61,655 sq ft
    Added: 07/13/24, Last Updated: 07/13/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-18473
    Community: Pasadena (SW)
    Status: Active


    Welcome home to this very special front unit on a favorite tree-lined street in popular Madison Heights. The spacious semi-enclosed patio with surrounding trees and lush landscaping greets you from the curb. The sunny and light living room overlooks and opens out to the patio for easy entertaining flow. The dining area opens to both the living room and kitchen. The kitchen features classic white cabinets, granite countertops, and stainless-steel appliances. Convenient 1/2 bath and coat closet are located just off the living room. Upstairs are two bedroom suites. The primary bedroom suite has treetop views, two closets, and attached 3/4 bath. The second bedroom suite has a vaulted ceiling and attached full bath. Oversized two car garage has direct access to the home and adjacent laundry area. The community features include a pool, spa, sauna and BBQ. HOA fees of $425 include grounds maintenance, water, and trash. GREAT location near Art Center College of Design south campus, Gold Line, Whole Foods, Shake Shack, easy freeway access, and Old Town. A VERY special home.

    Listed with Sandra Saeger CalDRE: 00841877 | (818) 384-6565, Engel & Voelkers La Canada


    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, 13 Jul 2024 06:43:00 +0000: $859,000 :: 385 S Oakland Avenue #305, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,925 sq ft
    Lot Size: 52,543 sq ft
    Added: 07/13/24, Last Updated: 07/13/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: SR24143867
    Community: Pasadena (NW)
    Status: Active


    Luxurious Mid-Century Living with Contemporary Comforts. Nestled within the prestigious Madison Heights neighborhood of Pasadena, Residence No. 305 at Oakland Towers epitomizes sophisticated urban living with its timeless mid-century architecture and modern updates. This single-level condominium offers an expansive 1,925 square feet of living space, meticulously designed to cater to both entertainment and everyday living. Located on the third floor offering lots of privacy. NEW WINDOWS INSTALLED! The double-door entry leads to the home's spacious layout boasting three bedrooms and two baths. The home offers ample space for comfortable living. The floor plan creates a seamless flow between the foyer, living room, dining room, and gourmet kitchen, ideal for hosting gatherings or simply relaxing in style. Modern upgrades in the kitchen feature sleek quartz countertops, modern cabinetry, stainless steel appliances add a contemporary touch to the space. The home also has beautiful engineered wood flooring in the entryway, living room, kitchen,dining room, hallway, and third bedroom. Plantation shutters in the living areas w/blackout shades in two of the bedrooms. Spacious main bedroom suite, complete with a generous walk-in closet and a remodeled bathroom featuring slate accents and a stand-up shower w/ clear glass enclosure. The second and third bedrooms are good size. The third bedroom is being used as a den/T.V. room. In-unit laundry area provides added convenience with a sink, shelving, and a stacked washer/dryer. There is a nook just off the living room that could be used as a home office, study area, or a wet bar area for entertaining. A nice-sized balcony is located just off the dining room. Residents enjoy access to amenities, including a community pool, lobby, elevator access, and well-landscaped courtyard entry with gated parking. The HOA covers outside earthquake insurance, water, and trash, and maintenance of the pool and common areas. Take advantage of Pasadena's walkability with easy access to upscale dining, shopping destinations, theaters, and world-class medical facilities. Stroll to Lake Avenue, Old Town Pasadena, or the Playhouse District. Additionally, proximity to Caltech and the Metro Gold Line enhances the convenience of city living. Don't miss the opportunity to experience the best of Pasadena living in this must-see condo. Schedule a viewing today and discover the perfect place to call home in this vibrant and dynamic community.

    Listed with Teri Gaskill-Vogelsang CalDRE: 00920310 | 661-964-1249, Keller Williams VIP 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/!


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