Market Report

Pasadena, CA

Single-Family Homes

Chartwell Escrow | 310.740.1708



Pasadena, CA

Tue Oct 20 2020
This week the median list price for Pasadena, CA is $1,599,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 145. 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

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Pasadena, CA

Tue Oct 20 2020
This week the median list price for Pasadena, CA is $1,599,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 145. 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

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Pasadena market.
Median List Price $1,599,000
Per Square Foot $651
Days on Market 83
Price Decreased 30%
Price Increased 2%
Relisted 19%
Inventory 145
Median Rent $3,500
Most Expensive $39,800,000
Least Expensive $549,000
Market Action 45
Strong Seller's Market

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. 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
$5,364,995 6,274 0.5 - 1 acre 5 7 64 2 2 130
$1,924,500 2,889 0.25 - 0.5 acre 4 3 81 5 2 96
$1,350,000 2,289 8,000 - 10,000 sqft 4 3 75 7 8 54
$838,000 1,384 6,500 - 8,000 sqft 3 2 90 12 11 52