Deasy Penner Podley's Market Report

Pasadena, CA

Single-Family Homes

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



Pasadena, CA

Thu Feb 20 2020
This week the median list price for Pasadena, CA is $1,749,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 127. 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.

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Pasadena, CA

Thu Feb 20 2020
This week the median list price for Pasadena, CA is $1,749,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 127. 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.

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Pasadena market.
Median List Price $1,749,000
Per Square Foot $653
Days on Market 110
Price Decreased 30%
Price Increased 6%
Relisted 13%
Inventory 127
Median Rent $3,945
Most Expensive $12,980,000
Least Expensive $299,000
Market Action 41
Slight Seller's Advantage

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$3,750,000 5,310 0.5 - 1 acre 5 6 69 1 3 187
$2,024,999 2,999 0.25 - 0.5 acre 4 4 69 8 1 81
$1,299,500 2,104 8,000 - 10,000 sqft 3 2 72 6 6 87
$849,500 1,621 6,500 - 8,000 sqft 3 2 96 9 5 84