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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:

  • Thu, 18 Apr 2024 18:09:00 +0000: $798,000 :: 221 S Oak Knoll Avenue #201, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,220 sq ft
    Lot Size: 29,038 sq ft
    Added: 04/18/24, Last Updated: 04/18/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: 24381329
    Community: Pasadena (SE)
    Status: Active


    Location, Location, Helloooocation! Discover the best of Pasadena luxury and tranquility at 221 S Oak Knoll. Impeccably situated, this spacious 2 bed 2 bath apartment in this peaceful complex offers modern elegance with new hardwood floors and lofty high ceilings, a cozy fireplace, all with a well-designed layout enveloping you as you gaze out at the oaks. Head into your gourmet pivot-style kitchen with bar top, equipped with new quartz countertops, SS appliances and feat. high end touches like JennAir, Hansgrohe, Farrow & Ball paint, perfect for entertaining and daring culinary adventures. Enjoy the serenity of oversized bedrooms, including a primary suite with en-suite bath, walk-in closet, and secondary full closet providing ample storage space. Natural light floods in through large windows, leading you out to your own private deck. Indulge in all the fantastic dining just moments away from your front door on Colorado and Lake not to mention you're mere minutes from Whole Foods, Trader Joes, LA Fitness, you name it, it's here. Topping it all off are the amenities you've been craving: a sparkling pool, a new HVAC, side-by-side 2-car gated garage parking with guest parking, and yes washer & dryer in-unit! Welcome home!

    Listed with Alana Gospodnetich CalDRE: 02102843 | 818-974-7718, ACME 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/!


  • Thu, 18 Apr 2024 17:24:00 +0000: $1,999,000 :: 709 Rim Road, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    4 beds, 5 baths
    Home size: 3,315 sq ft
    Lot Size: 10,864 sq ft
    Added: 04/18/24, Last Updated: 04/18/24
    Property Type: Single Family
    MLS Number: 24381781
    Community: Pasadena (NE)
    Status: Active


    Perched atop a serene hillside in the sought-after enclave of Hastings Ranch, this remarkable residence presents a harmonious blend of luxurious living and breathtaking vistas. Behold panoramic views spanning the entirety of Pasadena and the majestic neighboring mountains, offering a tranquil and picturesque backdrop to your everyday life. This expansive abode boasts 4 bedrooms plus an office, and an array of inviting living spaces thoughtfully designed for both relaxation and entertainment. Step into the inviting living room, where a cozy fireplace beckons on chilly evenings, offering serene views of the meticulously landscaped backyard. Adjacent, the dining room and wet bar seamlessly flow into a family room adorned with vaulted wood ceilings and French doors leading to a charming back deck, ideal for al fresco dining or basking in the golden hues of the setting sun. At the heart of the home, an expansive chef's kitchen, complete with a generous island and top-of-the-line stainless steel appliances, including a double oven awaits. Outside, the meticulously landscaped front and back yards offer an oasis of tranquility, complete with a sprawling deck overlooking the valley below. A built-in BBQ kitchen and spa area provide the perfect venue for outdoor gatherings or simply unwinding amidst the natural splendor. The upper level is dedicated to rest and relaxation, featuring three bedrooms, each boasting its own luxurious en suite bath, ensuring ultimate comfort and convenience for all residents. Additionally, a spacious family room provides a versatile space for leisure activities or quiet contemplation. With its abundance of space, privacy, and unparalleled views, this exceptional residence offers a rare opportunity for discerning buyers seeking a peaceful retreat in a prime location. Don't miss your chance to own this extraordinary property and experience the epitome of Pasadena living.

    Listed with Stephanie Younger CalDRE: 01365696 | 310-499-2020, 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/!


  • Thu, 18 Apr 2024 17:17:00 +0000: $1,695,000 :: 2416 Monte Vista Street, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    4 beds, 3 baths
    Home size: 1,658 sq ft
    Lot Size: 7,288 sq ft
    Added: 04/02/24, Last Updated: 04/18/24
    Property Type: Single Family
    MLS Number: PW24062086
    Community: Pasadena (NE)
    Status: Active


    Step into the charm of 2416 Monte Vista St inviting turn-key home, boasting three bedrooms and two bathrooms, accompanied by its fully permitted detached accessory dwelling unit (ADU) featuring one bedroom and one bathroom, complete with a separate address at 515 N Carmelo Ave! On a scenic corner lot, this residence offers a fenced-in yard and a detached rear unit, promising potential extra income. -2416 Monte Vista St presents a front house with awe-inspiring mountain views and a sprawling front lawn framed by picture windows. This three-bedroom, two-bathroom front house seamlessly blends modern upgrades with the original character of the home, including a spacious primary bedroom and bath, updated plumbing and electrical systems, and beautiful hardwood floors. The living room offers ample space for family gatherings around the fireplace. Over the past five years, the kitchen, laundry area, and rear patio have undergone extensive enhancements, while white fencing and landscaping adorn the outdoor spaces. Meanwhile, the separate rear unit provides a cozy living space, featuring a generous front courtyard, custom kitchen with marble countertops, a vintage stove, and a luxurious bathroom with both tub and shower facilities. Considerate touches such as split-level heating, full-size laundry provisions, and recessed lighting further enhance the appeal. French doors open to it’s own private garden, completing the enchanting ambiance of this captivating property. Located in Pasadena, this home is surrounded by beautiful parks, excellent restaurants, and coffee shops. With PCC, Cal-Tech, and the Art Center just a short drive away, this home sits on a picturesque tree-lined street that begs to be explored in person!

    Listed with Kevin Vigil Pineda CalDRE: 01979963 | 818-398-0535, Kase 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/!


  • Thu, 18 Apr 2024 16:24:00 +0000: $645,000 :: 286 N Madison Avenue #304, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    1 bed, 1 bath
    Home size: 870 sq ft
    Lot Size: 0 sq ft
    Added: 04/17/24, Last Updated: 04/18/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: P1-17291
    Community: Pasadena (SE)
    Status: Active


    Step into your new home in the vibrant Pasadena Playhouse District! This spacious corner one-bedroom, one-bath condominium, built in 2003, enjoys approximately 870 square feet of living space, offering the ultimate in relaxation and rejuvenation.Prepare great meals in the tastefully updated kitchen, boasting new quartz counters, sinks, and faucets, along with sleek stainless-steel appliances.Entertain with ease in the spacious living and dining areas, providing ample room for gatherings. The sliding door in the dining area opens to a quaint patio. The open layout amplifies the sense of spaciousness, while large windows fill the interior with an abundance of natural light.Retreat to the generously sized bedroom, complete with a spacious closet featuring organizers, and access to the full bath featuring new counters and dual sinks.This unit has been thoughtfully upgraded with cherry styled floors, central air, recessed lighting, and in-unit laundry for added convenience. The common areas of this well maintained complex feature a gated entry, an elevator near the unit, and a barbecue area for outdoor gatherings and subterranean parking with added guest parking.Conveniently located near Old Town Pasadena, the Metrolink, Fuller Seminary, Lake Avenue Shopping, Downtown LA, and major freeways, this residence offers the best in urban living. Property has been virtually staged. No statement is made as to the accuracy of any photograph

    Listed with Beatrice Harendza CalDRE: 01063963 | (818) 427-0308, 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/!


  • Thu, 18 Apr 2024 16:10:00 +0000: $1,995,000 :: 999 N Hill Avenue, Pasadena CA, 91104 - Pasadena Home Search
    Property Photo



    4 beds, 2 baths
    Home size: 2,176 sq ft
    Lot Size: 13,016 sq ft
    Added: 04/18/24, Last Updated: 04/18/24
    Property Type: Single Family
    MLS Number: 24381909
    Community: Pasadena (NE)
    Status: Active


    In the heart of Pasadena's coveted Bungalow Heaven area is this warm and inviting Craftsman circa 1913. Surrounded by native landscaping and a sweet picket fence, this very special home maintains much of its original charm with updates for easy modern living, including solar panels for energy efficiency. Just beyond the covered front porch, the living room boasts sought-after details such as hardwood floors, original woodwork, classic built-ins, and stained glass windows. Both the den and dining areas are spacious and open to the artistically remodeled kitchen with a breakfast nook. Generous in size, there is plenty of room for cooking and entertaining in this gathering space. A laundry room and full size bathroom complete the main level layout. Upstairs there are four bedrooms that share a recently refreshed bathroom. The backyard is a paradise, featuring a detached 331sf studio and 328sf office. Spacious and private with a grassy area for play, multiple covered patios, and an outdoor fireplace, this is a backyard that will make friends and family happy with plenty of room to relax and enjoy the outdoors. This prime Pasadena location is moments from Old Town Pasadena, Republik Coffee, Tender Greens, The Huntington, and so much more. A tranquil setting for this charming home filled with light and character makes this a one-of-kind find in one of the city's best locations.

    Listed with Mary Regal CalDRE: 01963054 | 310-913-7651, 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/!


  • Thu, 18 Apr 2024 15:55:00 +0000: $998,000 :: 2663 San Marcos Drive, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,092 sq ft
    Lot Size: 5,628 sq ft
    Added: 04/09/24, Last Updated: 04/18/24
    Property Type: Single Family
    MLS Number: 24376549
    Community: Pasadena (SE)
    Status: Conditional


    Renovated turn-key Spanish bungalow featuring 2 bedrooms, 2 bathrooms, and a bonus room/office. Completely updated in 2017, this single story home offers modern amenities while retaining its classic old world charm. The kitchen is equipped with stainless steel appliances, a center island, and a dining area that seamlessly connects to the private backyard. Perfect for entertaining, the backyard is gated and offers various options for relaxation and dining, including lounging under the wood trellis or enjoying alfresco meals. Additionally, there's a finished garage that could be repurposed as an Accessory Dwelling Unit (ADU), providing additional living space or rental income potential. The primary suite boasts a spacious walk-in closet and a spa-like bathroom with a soaking tub and dual vanity. Throughout the house, you'll find solid wood floors, lots of windows, and custom shutters adding warmth and character. Conveniently located just a few blocks from restaurants and close to freeway entrances, this property offers the perfect balance of tranquility and accessibility. With its quiet street and attractive features, it presents an opportunity to own a great home for anyone looking for modern day amenities with old world charm.

    Listed with Alphonso Lascano CalDRE: 01723550 | 818-800-8848, Carolwood Estates


    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/!


  • Thu, 18 Apr 2024 15:47:00 +0000: $600,000 :: 2468 Mohawk Street #105, Pasadena CA, 91107 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 958 sq ft
    Lot Size: 15,399 sq ft
    Added: 04/18/24, Last Updated: 04/18/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: AR24077593
    Community: Pasadena (SE)
    Status: Active


    Welcome to this charming abode nestled in the heart of Pasadena. This inviting residence boasts 2 bedrooms and 2 bathrooms, providing ample space for comfortable living. Step inside to discover a bright and welcoming living room, adorned with beautiful laminate flooring and recessed lighting, creating a cozy ambiance for relaxation and entertainment. The updated kitchen is a chef's delight, featuring sleek cabinets and stylish backsplash tiles, offering both functionality and modern aesthetics (stove, rangehood and dishwasher included). Adjacent to the kitchen, the open dining area is a delightful retreat, enhanced by elegant wallpaper, a modern minimalistic light pendant, and tasteful wall molding, creating a sophisticated space for intimate gatherings and memorable meals. Step outside onto your private balcony, where you can enjoy the outdoors in peace and tranquility. The balcony is equipped with a privacy covering, providing an intimate space for lounging or enjoying your morning coffee in seclusion. This unit is equipped with central AC, ensuring year-round comfort and climate control. As you proceed to the bedrooms, you'll find plenty of storage cabinets in the hallway, providing convenient solutions for organizing belongings and keeping the space clutter-free. With its move-in ready condition, this property offers buyers the convenience of immediate occupancy, saving on renovation costs and hassle. Additionally, the HOA includes essential amenities such as water, trash, sewer, maintenance of grounds, permitted pets, and controlled access to the building, providing residents with peace of mind and a carefree lifestyle. Situated within a building comprising 19 units, this unit presents a rare opportunity to own a stylish and comfortable residence in a desirable Pasadena location. Don't miss your chance to make this your new home sweet home!

    Listed with Jonathan Rodriguez CalDRE: 02060068 | 626-790-2250, CA Flat Fee Listings, 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/!


  • Thu, 18 Apr 2024 11:25:00 +0000: $495,000 :: 465 S Los Robles Avenue #15, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    1 bed, 1 bath
    Home size: 601 sq ft
    Lot Size: 19,873 sq ft
    Added: 04/18/24, Last Updated: 04/18/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: SB24074138
    Community: Pasadena (SW)
    Status: Active


    Welcome to this captivating top corner unit! It offers a unique blend of comfort and convenience, perfect for those seeking a stylish urban sanctuary. Conveniently located near Old Town Pasadena, the Metro Gold Line Station, Convention Center, Hospitals, universities, Whole Foods, Trader Joe's and an array of dining options, this unit provides easy access to all amenities.Once you step inside, you will discover a meticulously curated space adorned with designer furniture from CB2, West Elm, and Crate & Barrel, all negotiable to be included in the sale. The bathroom has been newly remodeled and the serene bedroom window provides a peak-a-boo Mountain View. Natural light pours in through high-end Milgard double-pane sliding doors and windows, allowing you access the patio from both sides of the living room and bedroom for a fresh breeze while enjoying a cup of coffee or a glass of wine under the sky. Residents can indulge in the pool, spa, elevator and access to the common laundry facility. This unit comes with an assigned 1-car covered parking space with ample storage, big enough for 2-3 bikes. This complex underwent a Special assessment for Seismic Retrofit last year and the upgrades are expected to take effect soon. The roof was redone in 2018. Whether you're seeking a permanent residence or a lucrative investment opportunity, don't miss out on the chance to make the exquisite property your own. Schedule a viewing and experience the best of Pasadena living!

    Listed with Amanda Elias CalDRE: 01912735 | 310-988-5919, Amanda Elias


    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/!


  • Thu, 18 Apr 2024 11:16:00 +0000: $828,000 :: 400 S Los Robles Avenue #108, Pasadena CA, 91101 - Pasadena Home Search
    Property Photo



    2 beds, 2 baths
    Home size: 1,252 sq ft
    Lot Size: 30,545 sq ft
    Added: 03/03/24, Last Updated: 04/18/24
    Property Type: Condo/Townhouse/Co-Op
    MLS Number: CV24013915
    Community: Pasadena (SE)
    The price of this listing was last reduced on 4/12/2024 by 1%
    Status: Conditional


    What an opportunity! You won't believe it! This gorgeous, executive style living, condo has space for it's own, private washer and dryer in the unit! Unbelievable!!! No trudging downstairs for common laundry necessary here! This exclusive, luxury, mid-century condominium is an exceptional opportunity for the savvy buyer. This home is on the first level of the building with an outstanding, super sized patio! It's really unbelievable! You can entertain outdoors and enjoy the glorious California lifestyle all year long! This patio is reason enough to buy this property! It is also a great place for furry friends. Inside you will find a fully renovated unit that is detailed with the most updated appointments. Quartz counters, stainless steel appliances, that includes a stainless steel refrigerator and more optimize the living space. The floor plan is open and bright and the unit is very private. This lives like a single family residence. The two bedrooms are perfect for house sharing. Each bedroom has its own bath. The master bedroom has two sinks and two closets, one a walk in. There are two secured parking spaces assigned to the unit for parking in the gated, underground garage. Every little detail has been tended to and is in exceptional condition. On top of being in pristine order, this condo is within walking distance to the shopping and restaurants at El Paseo. It is close to Old Town and all of those great restaurants, additionally the Playhouse District, Cal Tech and PCC. A plus is that it is on an interior street with minimal traffic. You will be impressed by the beautiful lobby. It is a secure place to receive not only guests, but your mail and packages. Additionally, there is a huge, sparkling pool, spa and outdoor relaxation area. Imagine laying out in the warm sun, working on your tan. In order to stay healthy and in shape, take advantage of the wonderful gym. How nice to not have to pay for a separate gym membership? There are so many more amenities to detail. This place is beautiful!!! You must come and see this condominium before it is gone! You do not want to miss it!!!! ***Some photos have been virtually staged***

    Listed with Laura Dandoy CalDRE: 01019252 | 909-575-4517, The Real Estate Resource 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/!


  • Thu, 18 Apr 2024 10:43:00 +0000: $2,290,000 :: 668 Linda Vista Avenue, Pasadena CA, 91105 - Pasadena Home Search
    Property Photo



    4 beds, 3 baths
    Home size: 3,590 sq ft
    Lot Size: 12,167 sq ft
    Added: 04/03/24, Last Updated: 04/18/24
    Property Type: Single Family
    MLS Number: 24371697
    Community: Pasadena (NW)
    Status: Conditional


    Welcome to this lovingly maintained traditional in the tranquil and highly sought after Linda Vista neighborhood. Set back from the street is this spacious split-level, featuring 4 large bedrooms, 3 full baths and so much more. Upon entering you will find a formal dining room, a large eat-in kitchen with bar and a bright formal living room with gorgeous beveled, diamond paned windows flooding the space with natural light. Down the hallway you will find one full bath and three generous sized bedrooms, including the primary with en suite bath consisting of double vanity, separate shower and jacuzzi bathtub. Downstairs completes this ideal floor plan with a second fireplace, den/game room, bar and an additional and separate guest bedroom/office with full bath and double closet. In addition to all of this, there is a large workroom and laundry room downstairs containing further storage and a second pantry. The lot has a large, flat and fenced grassy front yard, many mature trees, patio, balconies, a wide driveway and 3 car garage! An amazing opportunity to make this home your own in an incredible neighborhood.

    Listed with Valeria Leininger CalDRE: 01948372 | 323-252-1089, 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/!


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