Pango Group

Pasadena, CA

Single-Family Homes

www.pangogroup.com



Pasadena, CA

Fri May 09 2025
This week the median list price for Pasadena, CA is $1,850,000 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has increased to 121. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Pasadena, CA

Fri May 09 2025
This week the median list price for Pasadena, CA is $1,850,000 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has increased to 121. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Pasadena market.
Median List Price $1,850,000
Median Price of New Listings $1,450,000
Per Square Foot $916
Average Days on Market 80
Median Days on Market 35
Price Decreased 27%
Price Increased 5%
Relisted 14%
Inventory 121
Median Rent
Market Action 48
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
$5,385,000 5,757 0.5 - 1 acre 5 5 88 1 1 66
$2,492,500 2,774 0.25 - 0.5 acre 4 3 74 4 5 56
$1,599,000 1,931 8,000 - 10,000 sqft 3 2 83 7 4 24
$1,190,000 1,218 6,500 - 8,000 sqft 3 2 98 9 8 28