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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:

  • Fri, 02 Dec 2022 22:22:00 +0000: $1,550,000 :: 2354 E Mountain Street, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 2,284 sq ft
    Lot Size: 7,301 sq ft
    Added: 12/02/22, Last Updated: 12/02/22
    Property Type: Single Family
    MLS Number: PW22250027
    Community: Pasadena (NE)
    Status: Active


    Don't miss this opportunity for a beautiful 3 bedroom, 2 bath home with a spectacular view of the San Gabriel Mountains! This rare classic style home in the Casa Grande neighborhood doesn't come often. The bright, open master suite features a walk-in closet and master bathroom with a spa tub. Sunlight streams in from the spacious rooms of this home which is located on a wide street with an abundance of mature trees. This single-story home has been meticulously taken care of and is in move-in ready condition. There are inviting original wood floors throughout while the bedrooms have comfortable carpeting. Enjoy the bright sunlight from the kitchen skylight while preparing meals. There are many updated features including dual pane windows, recently painted front room, master bedroom, and formal dining room, newer HVAC unit and ducting. Step out back to a large deck perfect for entertaining while enjoying the well landscaped, private back yard. This wonderful home has a lot to offer for someone wanting space, quality and privacy all in a very desirable neighborhood. Make this your forever home before it's too late!

    Listed with Martin Gutierrez CalDRE: 01195641 | 562-698-8454, Re/Max Dynasty


    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, 02 Dec 2022 22:17:00 +0000: $980,000 :: 1770 Lincoln, Pasadena CA, 91103 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,162 sq ft
    Lot Size: 7,131 sq ft
    Added: 11/29/22, Last Updated: 12/02/22
    Property Type: Single Family
    MLS Number: SB22247431
    Community: Pasadena (NW)
    Status: Active


    Welcome to this beautiful updated Northwest Pasadena home with one of the best rated high schools 10/10 and within close proximity to the Rose bowl and old town Pasadena also the Home is conveniently located to the 210 fwy for commute. Home features 3 bedrooms, 1 full bathroom and a guest bathroom, updated Kitchen with quartz countertops and backsplash, Recessed Lightning through out the home, new strip Vinyl flooring, newer HVAC system, covered patio. Home has potential to add additional living space or add an ADU for extra Income, Ample two car garage, bathrooms have been recently updated with new vanity's and marble tile in shower Whether you love the City or the Outdoors, this location offers it all. Schedule a tour today!

    Listed with Flor Butler CalDRE: 02069671 | 562-344-5577, Coastal Equities, California Real Estate Brokers


    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, 02 Dec 2022 20:45:00 +0000: $899,999 :: 883 Magnolia Avenue #3, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    2 beds, 3 baths
    Home size: 1,041 sq ft
    Lot Size: 31,821 sq ft
    Added: 12/02/22, Last Updated: 12/02/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: TR22249013
    Community: Pasadena (SW)
    Status: Active


    A Turn-key home! Located centrally in the highly desirable Madison Heights neighborhood of Pasadena, this 2-story front facing townhouse looks to a beautifully tree-lined street. All carpet flooring living room is with gas fireplace and opens to an enclosed patio behind privacy trees. The neat kitchen is with Air range/oven and hood, fridge, dishwasher, granite counters and cabinet to counter backsplash. The kitchen island bar separates the dining area. Upstairs are two primary bedrooms with cathedral ceilings and baths. This home has attached two car garage with direct access and is spacous to accomdate Washer & Dryer in it. The Association amenities include a pool, spa, and community club. The dues cover general maintenance including earthquake insurance, water and trash. It is situated very close to the Metro Gold Line, Old Town Pasadena, shopping and restaurants: Whole Foods, Shake Shack, Arroyo Chop Housel, etc. This home also is close to the Freeways easily access to LA downtown and San Gabrial Valley area. Must look for this valuable home!

    Listed with Luwei Wang CalDRE: 01973700 | 626-447-5100, IRN 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, 02 Dec 2022 20:14:00 +0000: $749,000 :: 221 S Oak Knoll Avenue #303, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,220 sq ft
    Lot Size: 29,029 sq ft
    Added: 11/25/22, Last Updated: 12/02/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-12062
    Community: Pasadena (SE)
    Status: Conditional


    Wonderful 2 Bedroom Condo in Pasadena close to Old Town, South Lake and Caltech! This top floor unit with great views has a spacious and open floor plan with two bedrooms, two bathrooms, two large balconies and laundry inside the unit. The complex has a wonderful courtyard and a sparkling pool. This home is ready for you to move in and enjoy!

    Listed with Amy Engler CalDRE: 01413993 | (323) 481-8782, 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/!


  • Fri, 02 Dec 2022 18:38:00 +0000: $718,000 :: 52 N Sierra Bonita Avenue #4, Pasadena CA, 91106 - Pasadena Home Search
    Property Photo



    2 beds, 3 baths
    Home size: 1,182 sq ft
    Lot Size: 16,410 sq ft
    Added: 11/28/22, Last Updated: 12/02/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: AR22246541
    Community: Pasadena (SE)
    Status: Active


    PRIME LOCATION in the heart of Pasadena! Excellent townhome located on a tree-lined street minutes from Pasadena City College and California Institute of Technology, downtown Pasadena dining, shopping and entertainment! This wonderful home features 2 master bedroom suites, 2.5 bathrooms, new water heater, new AC unit, newer paint, updated flooring on the main level, updated dual paned windows and more! Spacious living room with fireplace and outdoor front patio. Open dining area and kitchen provides abundant built-in cabinetry. Relax in the bedrooms with private en-suite bathrooms and ample closet space. Attached 2-car garage with direct access and laundry area. This home and community are well maintained, the entire complex was painted and dual paned windows were installed a few years ago. The HOA covers trash, water, exterior maintenance & repair, insurance including earthquake insurance, pest control, landscaping service, outdoor electricity and exterior lights. Conveniently situated nearby all Pasadena has to offer, with easy access to public transportation and freeways. Move right in to enjoy watching the renown Rose Parade on New Year's Day just one block up from home!

    Listed with Peggy Fong Chen CalDRE: 01461698 | 626-447-1688, Re/Max Omega


    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, 02 Dec 2022 18:01:00 +0000: $1,528,000 :: 1530 N Harding Avenue, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 2,390 sq ft
    Lot Size: 6,996 sq ft
    Added: 10/27/22, Last Updated: 12/02/22
    Property Type: Single Family
    MLS Number: AR22230547
    Community: Not Defined
    The price of this listing was last reduced on 12/2/2022 by 3%
    Status: Active


    Rare spacious updated home nested near Eaton Canyon Trail. This beautiful home was remodeled just a few years ago. Upon on entering the home, the cozy and bright formal living room with a fireplace welcomes you to this beautiful home. It leads to an open airy kitchen and dining room. Stepping down a few stairs, you are in the stunning large family room with skylights that bring in natural light, and a traditional free standing fire place. The family room opens to a tranquil courtyard/side yard. The spacious master bedroom suite has access to the backyard through french doors and has a view of the newly plastered large pool. Mater bedroom also features a walk-in closet/dressing room and two additional large closets, and a remodeled master bathroom. Other features include two additional bedrooms, a beautiful full bathroom with double sinks. Roof, A/C units, copper plumbing, recessed lights, fencing all around the house were all replaced in 2019. The secured enclosed covered parking with direct access to the house is also a great place for kids play area, game room, exercise room, workshop and more. Must see to appreciate!

    Listed with Betty Wang CalDRE: 01946131 | 626-986-5344, Pinnacle Real Estate 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/!


  • Fri, 02 Dec 2022 17:32:00 +0000: $3,995,000 :: 200 La Vereda Road, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    5 beds, 5 baths
    Home size: 4,481 sq ft
    Lot Size: 12,951 sq ft
    Added: 12/02/22, Last Updated: 12/02/22
    Property Type: Single Family
    MLS Number: P1-12145
    Community: Pasadena (NW)
    Tract: Not Applicable
    Status: Active


    This stately 1927 English Tutor Revival was designed by noted architect David Ogilvie and updated to modern living standards while maintaining its architectural integrity. The fully furnished home allures you with its grand living room and fireplace, bay windows, beamed ceilings, hardwood floors, and French doors leading to an inviting patio area. The formal dining room also has a fireplace and beamed ceilings. The large, updated kitchen includes professional appliances and a built-in refrigerator. The master bedroom has yet another fireplace, window seating, walk-in closets, and a beautifully remodeled bath. There are three additional bedrooms. The home has great storage, including a large basement with an ample wine refrigerator, and a workbench with tools. The finished attic can be used as a bonus room. The home is set graciously on the lot with an entertainers backyard that has flat grassy areas for play, a stunning pond with a waterfall, and a natural flagstone and porphyry stone patio nestled in newly redesigned landscape areas. It has all the modern amenities: a new Vantage lighting system, built-in speakers, all new outdoor lighting, updated plumbing, updated electrical, and new HVAC. It does not get more turnkey. Move in and enjoy from day one!

    Listed with Sarah Rogers CalDRE: 01201812 | (626) 390-0511, 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/!


  • Fri, 02 Dec 2022 16:50:00 +0000: $1,559,000 :: 2345 Monte Vista Street, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    4 beds, 3 baths
    Home size: 2,527 sq ft
    Lot Size: 8,403 sq ft
    Added: 12/02/22, Last Updated: 12/02/22
    Property Type: Single Family
    MLS Number: AR22250229
    Community: Pasadena (NE)
    Status: Active


    Situated on a quiet tree-lined street in a desirable neighborhood of Pasadena, this 2,527 square foot home features 4 bedrooms and 3 bathrooms (two bedrooms and one bathroom upstairs, two bedrooms and two bathrooms downstairs), a living room with fireplace, kitchen with updated cabinetry, dining room, laundry room, family room, and basement that can be used for storage or an office. The 8,401 square foot lot provides ample space for parking and is in close proximity to shopping, parks, and restaurants with easy freeway access.

    Listed with Amanda Lam CalDRE: 01922925 | 626-372-5196, IRN 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, 02 Dec 2022 15:42:00 +0000: $718,000 :: 288 S Oakland Avenue #106, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    1 bed, 1 bath
    Home size: 850 sq ft
    Lot Size: 20,665 sq ft
    Added: 08/04/22, Last Updated: 12/02/22
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 22186599
    Community: Pasadena (SE)
    The price of this listing was last reduced on 12/2/2022 by 0%
    Status: Active


    Luxury home in the Heart of Pasadena. In a very desirable setting moments from Old Town Pasadena, Lake Avenue shopping, Caltech and PCC. the Playhouse District, Chelsea Court combines classic Mid-Century style with the latest in luxury amenities. Inside the homes, ten-foot ceilings and recessed lighting create a beautiful ambience, while French doors open to light-filled patios and balconies. Elegance and quality embrace you at every turn. include rich Corian countertops, gleaming stainless appliances, Italian-made cabinetry and Kohler fixtures.engineered wood floors and textured Berber carpeting bring the sophistication underfoot. Comfort and convenience underlie the sophisticated design, in-unit washer/dryer enclosures and large walk-in closets.new paint. a storage closet are reserved per unit in the subterranean parking garage with 2 parking space, unit closed to Elevator.HOA allow Pets.

    Listed with Wei Liu CalDRE: 01819265 | 626-688-9080, United Real Estate Los Angeles


    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, 02 Dec 2022 13:28:00 +0000: $1,299,900 :: 2089 E Mountain Street, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    3 beds, 2 baths
    Home size: 1,366 sq ft
    Lot Size: 7,096 sq ft
    Added: 12/02/22, Last Updated: 12/02/22
    Property Type: Single Family
    MLS Number: CV22247398
    Community: Pasadena (NE)
    Status: Active


    A magical place awaits. Welcome to the Storybook Tudor architecture of 2089 E. Mountain Street. Built in 1929 and one of the four original homes on the block, this delightful home has only had three owners in its 90-year lifespan. The first time on the market in over 50 years, the original front door with original hardware opens into the warm and inviting living room with original brick fireplace with the original adjacent wood box. The red oak hardwood floors are also original throughout the house, as are the plaster walls with the gorgeous and original “Spanish Lace” finish. The dining room is bright and light and take special note of the original double-doors leading into a newly remodeled kitchen with newer Viking stove and Subzero refrigerator. New quartzite counters and subway tile make for period appropriate yet modern features that include an eat-in bar. Brand new single basin stainless steel sink, newly painted cabinets with new hardware finish the look. Enjoy three nice-sized bedrooms, all with original glass windows and cedar closets. Both bathrooms have been completely remodeled with quartz counters, reglazed original tub and reglazed shower, and stunning slate floors. Relax in the large and open sunroom overlooking the charming, private, and peaceful backyard. Plenty of off-street parking or small boat/RV behind gates. This is a one-of-a-kind home, a rare find in Pasadena, updated and ready for a new family to love it and call it home.

    Listed with THE MARK AND AL TEAM CalDRE: 00914322 | 626-963-9337, CENTURY 21 FULL REALTY SEVICES


    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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