How's the market in your area?

Pasadena, CA

Single-Family Homes

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Pasadena, CA

Thu Feb 13 2025
This week the median list price for Pasadena, CA is $1,699,000 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has increased to 78. Click here to stay informed with the Pasadena market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Pasadena, CA

Thu Feb 13 2025
This week the median list price for Pasadena, CA is $1,699,000 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has increased to 78. Click here to stay informed with the Pasadena market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Pasadena market.
Median List Price $1,699,000
Median Price of New Listings $1,699,000
Per Square Foot $878
Average Days on Market 66
Median Days on Market 21
Price Decreased 12%
Price Increased 8%
Relisted 8%
Inventory 78
Median Rent
Market Action 50
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,700,000 6,178 0.5 - 1 acre 5 5 73 5 5 91
$2,399,000 2,923 8,000 - 10,000 sqft 4 3 70 6 5 21
$1,425,000 1,676 6,500 - 8,000 sqft 3 2 75 8 5 7
$999,000 1,081 6,500 - 8,000 sqft 2 1 100 5 3 10