Market Report

Pasadena, CA

Single-Family Homes

Chartwell Escrow | 310.740.1708



Pasadena, CA

Sat Oct 16 2021
This week the median list price for Pasadena, CA is $1,829,944 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has increased to 104. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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

Sat Oct 16 2021
This week the median list price for Pasadena, CA is $1,829,944 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has increased to 104. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 $1,829,944
Median Price of New Listings $1,425,000
Per Square Foot $779
Average Days on Market 79
Median Days on Market 56
Price Decreased 31%
Price Increased 4%
Relisted 13%
Inventory 104
Median Rent $1,650
Market Action 61
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
$6,439,500 5,960 0.5 - 1 acre 5 6 93 5 0 105
$2,695,000 3,797 0.25 - 0.5 acre 4 4 71 5 4 91
$1,625,000 2,133 8,000 - 10,000 sqft 3 3 77 6 6 14
$899,000 1,139 4,500 - 6,500 sqft 2 1 95 12 11 17