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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:

  • Mon, 21 Jun 2021 19:11:00 +0000: $699,000 :: 501 E Del Mar Boulevard #111, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,224 sq ft
    Lot Size: 0 sq ft
    Added: 06/21/21, Last Updated: 06/21/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-5345
    Community: Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    Elegantly updated condo located in the heart of Pasadena is a dream come true. Remodeled kitchen features new quartz counters, new recessed lights, new sink and faucet in addition to extensive cabinetry and stainless appliances. A breakfast bar opens to the living room and is perfect for entertaining. The generous living room boasts a beautiful fireplace and leads out to the expansive patio with room enough for an outdoor dining table and a private garden. There is also a dining room with lovely chandelier.The floor plan is one of the most sought after in the complex with 2 primary suites on either side for privacy. Both updated primary bathrooms feature new quartz counters, new light fixtures, sinks, and faucets. One suite features an expansive closet and a sitting area in the bathroom. The other one boasts sliding glass doors with direct access to the patio. The unit is freshly painted with quality laminate wood floors, indoor laundry, and two parking spots. This complex features a pool, and spa. The best is truly within reach with restaurants, shopping, cafes, parks, freeways, and Old Town Pasadena just moments away.

    Listed with Pei Chang CalDRE: 01324106, 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/!


  • Mon, 21 Jun 2021 18:13:00 +0000: $1,750,000 :: 228 S Lotus Avenue, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    5 beds, 5 baths
    Home size: 3,129 sq ft
    Lot Size: 5,663 sq ft
    Added: 06/16/21, Last Updated: 06/21/21
    Property Type: Single Family
    MLS Number: TR21131266
    Community: Pasadena (SE)
    Status: Active


    Home with prestigious zip code ( PASADENA) ! Never been in market in a long time, remodeled in 1971 (seller said it was permitted, but buyer need to do due diligent and check with city. This RARE home features a driveway leads back to the two car attached garage, providing extra space for parking. The family room features fireplace with warm cozy feeling room. Extra storage detached room in back yard that can be modified to guest room or ADU. The dining room flows seamlessly into the kitchen for ease of daily living. Its minutes from several freeways (210,57,10) which will make commuting a breeze. Close to shopping, dining and entertainment venues. Don’t let this opportunity pass you by!

    Listed with Alfian Wiranatha CalDRE: 02038314, KW Vision


    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/!


  • Mon, 21 Jun 2021 17:49:00 +0000: $930,000 :: 125 Hurlbut Street #101, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,040 sq ft
    Lot Size: 30,057 sq ft
    Added: 06/18/21, Last Updated: 06/21/21
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-5342
    Community: Pasadena (SW)
    Tract: Not Applicable
    Status: Active


    A sophisticated contemporary West Grove condo complex is located in a quiet street of the south-west Pasadena, close to Old Town and Arlighton garden for a stroll. This newer complex was tastefully designed and built in 2017. The unit 101 is on the ground floor with two private patio spaces, one facing south and the other facing the courtyard. It offers two spacious bedroom suites with a direct access to its own patios, in-suite washer & dryer, an open floor plan from kitchen to living room. This spacious unit is bright with natural lights in every direction and its high-ceiling provides an airy feeling. The unit also has two assigned parking spaces and an extra storage space in a secured subterranean garage. The complex offers a secured gate, a large and open courtyard with BBQ facilities, and a lounging area with a fire pit. This is an idyllic unit for a discerning buyer(s). Must see to appreciate!

    Listed with Eun Sung CalDRE: 01923230, 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/!


  • Mon, 21 Jun 2021 16:28:00 +0000: $750,000 :: 1175 N Mentor Avenue, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 1 bath
    Home size: 1,143 sq ft
    Lot Size: 9,584 sq ft
    Added: 06/21/21, Last Updated: 06/21/21
    Property Type: Single Family
    MLS Number: DW21134783
    Community: Not Defined
    Status: Active


    Calling all the Investor, Fixer-up in a Great area of Pasadena - 3 Bedrooms and 1 Bathroom

    Listed with Carlos Ulloa CalDRE: 01802325, Berkshire Hathaway H.S.C.P.


    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/!


  • Mon, 21 Jun 2021 08:55:00 +0000: $1,495,000 :: 2127 Galbreth Road, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,720 sq ft
    Lot Size: 7,841 sq ft
    Added: 06/21/21, Last Updated: 06/21/21
    Property Type: Single Family
    MLS Number: SR21133002
    Community: Pasadena (NE)
    Status: Active


    This is a gorgeous 3bedroom, 2 full bath English Revival style home resides at the highly desirable Brigden Ranch, Northeast of Pasadena. Every corner of this home has been touched up, cared for, and freshly painted. There’s brand new wood flooring, recessed lighting, and wood plantation shutters throughout the home. The large, bright kitchen is 100% handcraft with custom built carpentry and all Viking appliances. There is a laundry room with extra storage, sink, and brand-new barn doors by the hallway. The primary bedroom has an adjacent large walk-in closet, and a huge bathroom with new shower door, bidet faucets, and separate bathtub. The renovated 3rd bedroom is privately located upstairs and leads out to a spacious open balcony with the magnificent views of the San Gabriel Mountains. The pool and spa has brand new pump and equipment. This home is conveniently located within walking distance to great restaurants, Eaton Canyon hiking trails, shopping centers, place of worship, Pasadena Farmers' Market, and Victory Park.Other features of the property include the newly painted and epoxy coated flooring two-car garage with brand new garage door, new opener and storage space on top, an enormous bonus room that may be convert to an ADU for additional income, a large, attached storage room that can be use a private workshop or office, and not to mention the separate custom-made workout station – none of these are included in the square footage of the home.

    Listed with Hai Le CalDRE: 01747343, Citihome


    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/!


  • Sun, 20 Jun 2021 14:40:00 +0000: $2,850,000 :: 1475 Hillcrest Avenue, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 3,070 sq ft
    Lot Size: 21,780 sq ft
    Added: 05/24/21, Last Updated: 06/20/21
    Property Type: Single Family
    MLS Number: P1-5323
    Community: Pasadena (SE)
    Tract: Not Applicable
    Status: Active


    Residing on a private lane in the prestigious Pasadena Langham District is asophisticated, beautifully landscaped half-acre estate designed by noted local builders,Norwood & DeLonge. The pavestone motor court & covered front porch precede anentry hall featuring display shelves & gleaming hardwood floors, leading to the living room showcasing crown molding & a white marble fireplace. The formal dining room with chairrail & French doors opening to a brick-laid patio is perfect for SoCal's indoor/outdoorliving. Adjacent is a large kitchen showcasing Corian countertops & breakfast nook withcorner windows facing the front yard. The 'heart' of the home is the 'Great Room' withfloor to ceiling built-in shelves, a central brick fireplace, & versatile recreational 'zone'beside a complete built-in wet bar. This grand-sized room boasts hardwood floors,plantation shutters & French doors leading to the serene backyard presenting a relaxingspa with a waterfall, mature hedges, trees, & flowers. Two private bedroom suites rest inthe north wing. The primary suite has customized closets & French doors providingbackyard access. An ensuite bathroom presents double sinks, a spa-like bathtub, & a separate shower stall. The second suite reveals spacious closets with customizedbuilt-ins and an ensuite 3a4 bathroom. The third bedroom lies in the south wing next to a3a4 bathroom & has a wall of French windows with a view of the brick patio. The full-sizelaundry room accesses the breezeway featuring storage cabinets, a 2-car garage with new automatic door, & leads to a vegetable garden. Connected to the garage is a spacious bonus room with large windows, perfect for a home office and/or gym (307 sq ft). Beside the bonus room is a lush, secret garden with beautiful plants & matured trees. Other highlights are an ADT security system, newer custom interior paint, copper plumbing, & dual HVAC system with newer ducts. This understated estate of elegance & sophistication is a treasure to be prized!

    Listed with Janice Lee CalDRE: 00874257, 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/!


  • Sun, 20 Jun 2021 12:44:00 +0000: $2,150,000 :: 1955 Brigden Road, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    4 beds, 4 baths
    Home size: 3,175 sq ft
    Lot Size: 10,194 sq ft
    Added: 06/20/21, Last Updated: 06/20/21
    Property Type: Single Family
    MLS Number: 21748940
    Community: Pasadena (NE)
    Status: Active


    Situated on a flat almost 1/4 acre in Pasadena's prestigious Brigden Ranch neighborhood, 1955 Brigden is a classic 1-story Mid-Century Traditional that underwent a complete 2017 renovation & expansion by the prior owner. Done then &/or since then: (owned) solar power, fire sprinklers, electrical, copper piping, dual-zone HVAC, wood & tile floors, custom built-ins, security system w/ cameras & a Sonos built-in speaker system. The center-island Viking kitchen, which opens to the Great Room, features quartz countertops, dual sinks & abundant prep & storage space. A bonus room could serve as an office, guest, or gym plus there's also a separate homework area. The backyard has something for everybody: an outdoor kitchen, covered & open dining/lounging areas for the adults, for the kids, a hopscotch court & a custom play structure/treehouse w/ slide, swing & sandbox & for Fido, a dog-run. Lastly, the garage has been converted to a custom-built, soundproof rehearsal studio, ideal for musicians/composers, or as a quiet workspace, or man cave. A gracious, turnkey home, suitable for various lifestyles.

    Listed with Michael Tunick CalDRE: 01321406, Berkshire Hathaway HomeServices California


    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, 19 Jun 2021 18:55:00 +0000: $1,235,000 :: 317 Redwood Drive, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    3 beds, 3 baths
    Home size: 2,109 sq ft
    Lot Size: 5,228 sq ft
    Added: 06/19/21, Last Updated: 06/19/21
    Property Type: Single Family
    MLS Number: P1-5319
    Community: Pasadena (SW)
    Tract: Not Applicable
    Status: Active


    Located in the desirable San Rafael Hills, this peaceful two-story Mid-Century has the tranquility of a tree house. Floating high among the treetops with spectacular views, one feels far removed from the stress and noise of city life. Sunset skies and city lights are on display at twilight. With its clean lines and light-filled open floor plan, this spacious 3BR/3BA home is a rare find that provides all the comfort and amenities of a single-family house, but with low maintenance ease--for those who prefer their own lush private yard, vegetable garden or green yoga area, they can easily add a few stairs and fence in the wilderness beneath (as some do in this neighborhood) and enjoy the outdoor Zen. Kitchen/baths tastefully remodeled; many other upgrades include new HVAC, new roof and updated electric and plumbing systems. Wood floors throughout, recessed lighting, newer dual-paned windows and sliding glass doors & more. Whether you're looking to downsize to something easy or move into a mid-century view home in the hills, this house is perfect for you. Convenient access to DTLA, Burbank & Los Feliz, and minutes to the 110, 2 & 134 Fwys. Fully renovated and professionally decorated, this house is truly a turnkey gem.

    Listed with Robin Stever CalDRE: 00916653, 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, 19 Jun 2021 15:31:00 +0000: $1,300,000 :: 769 769 Boylston Street, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    2 beds, 1 bath
    Home size: 1,582 sq ft
    Lot Size: 7,406 sq ft
    Added: 06/19/21, Last Updated: 06/19/21
    Property Type: Single Family
    MLS Number: 221003358
    Community: Not Defined
    Tract: Other
    Status: Active




    Listed with Kevin Nguyen CalDRE: 01908534, Sync Brokerage 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, 19 Jun 2021 12:57:00 +0000: $538,000 :: 238 S Arroyo Parkway #316, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    1 bed, 1 bath
    Home size: 590 sq ft
    Lot Size: 33,977 sq ft
    Added: 06/19/21, Last Updated: 06/19/21
    Property Type: Single Family
    MLS Number: PF21129987
    Community: Pasadena (SW)
    Status: Active


    The Dalton is a collection of contemporary condos on the border of Old Town Pasadena. This unit, #316 is an end unit. This "modern style loft" is very bright, and feels larger than it is due to the soaring ceilings, and large windows that lead to your own patio. The floors are poured concrete throughout the unit. The kitchen features Caesarstone counter tops, stainless steel appliances, (Refrigerator included), and handsome wood cabinetry. There is a custom closet with a stackable washer/dryer which is included in the sale. The bathroom features a tub/shower combination, Caesarstone countertops, and handsome wood cabinetry. The complex is gated as is the parking. The seller has 1 assigned parking space. The complex has a gym, rooftop deck with a BBQ. The Dalton is in a great location: Close to Del Mar Metro(across the street), Whole Foods, Trader Joes, Pasadena Civic Center, El Paseo shopping and restaurants, Norton Simon Museum, Old Town Pasadena, and the prestigious Huntington Memorial Hospital. Buyer to cooperate with seller's 1031 exchange at no cost.

    Listed with Jan Thornton CalDRE: 01022261, 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/!


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