Your Real Estate Market Update

Pasadena, CA

Single-Family Homes

Arminé Ghevian ♦ 818-389-4465 ♦ DRE: 00945233



Pasadena, CA

Mon Nov 18 2019
This week the median list price for Pasadena, CA is $1,400,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 163. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Pasadena, CA

Mon Nov 18 2019
This week the median list price for Pasadena, CA is $1,400,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 163. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Pasadena market.
Median List Price $1,400,000
Per Square Foot $626
Days on Market 99
Price Decreased 38%
Price Increased 4%
Relisted 17%
Inventory 163
Median Rent $3,638
Most Expensive $12,980,000
Least Expensive $439,900
Market Action 44
Slight Seller's Advantage

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
$3,900,000 4,894 0.5 - 1 acre 5 4 72 3 1 137
$2,080,000 3,122 0.25 - 0.5 acre 4 2 68 5 7 116
$1,150,000 1,948 6,500 - 8,000 sqft 3 1 72 6 6 62
$799,900 1,507 6,500 - 8,000 sqft 3 1 95 8 10 79