Local Market Report

South Pasadena, CA

Single-Family Homes



South Pasadena, CA

Sat Nov 27 2021
This week the median list price for South Pasadena, CA is $2,580,000 with the market action index hovering around 65. This is an increase over last month's market action index of 61. Inventory has decreased to 10. Click here to stay informed with the South Pasadena market!

Market Action Index

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

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

South Pasadena, CA

Sat Nov 27 2021
This week the median list price for South Pasadena, CA is $2,580,000 with the market action index hovering around 65. This is an increase over last month's market action index of 61. Inventory has decreased to 10. Click here to stay informed with the South Pasadena market!

Market Action Index

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

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the South Pasadena market.
Median List Price $2,580,000
Median Price of New Listings $1,650,000
Per Square Foot $766
Average Days on Market 81
Median Days on Market 46
Price Decreased 20%
Price Increased 0%
Relisted 20%
Inventory 10
Median Rent $3,800
Market Action 65
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$3,746,500 4,618 0.25 - 0.5 acre 6 5.5 40 0 0 98
$2,894,000 3,473 0.25 - 0.5 acre 4 4 57 0 1 45
$2,480,000 3,191 0.5 - 1 acre 3 4 56 0 2 70
$1,650,000 2,027 6,500 - 8,000 sqft 4 3 52 1 3 28