Deasy Penner Podley's Market Report

Pasadena, CA

Single-Family Homes

www.dppre.com | 626.795.6262 | info@dppre.com



Pasadena, CA

Sun Apr 05 2020
This week the median list price for Pasadena, CA is $1,679,000 with the market action index hovering around 47. This is an increase over last month's market action index of 44. Inventory has held steady at or around 118. 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

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

Sun Apr 05 2020
This week the median list price for Pasadena, CA is $1,679,000 with the market action index hovering around 47. This is an increase over last month's market action index of 44. Inventory has held steady at or around 118. 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

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 $1,679,000
Per Square Foot $644
Days on Market 100
Price Decreased 32%
Price Increased 4%
Relisted 14%
Inventory 118
Median Rent $3,500
Most Expensive $11,680,000
Least Expensive $499,000
Market Action 47
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
$4,250,000 5,655 0.5 - 1 acre 5 6 71 4 1 157
$1,995,000 3,112 0.25 - 0.5 acre 4 4 69 4 3 140
$1,298,500 1,985 8,000 - 10,000 sqft 3 3 69 8 6 52
$859,500 1,495 6,500 - 8,000 sqft 3 2 96 7 7 53