Market Report

Pasadena, CA

Single-Family Homes

Chartwell Escrow



Pasadena, CA

Mon Feb 06 2023
This week the median list price for Pasadena, CA is $1,394,750 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has increased to 88. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Pasadena, CA

Mon Feb 06 2023
This week the median list price for Pasadena, CA is $1,394,750 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has increased to 88. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Pasadena market.
Median List Price $1,394,750
Median Price of New Listings $1,099,000
Per Square Foot $814
Average Days on Market 105
Median Days on Market 74
Price Decreased 30%
Price Increased 1%
Relisted 14%
Inventory 88
Median Rent
Market Action 44
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$5,137,500 5,359 0.5 - 1 acre 5 5.8 68 4 2 136
$1,674,500 2,542 0.25 - 0.5 acre 3 3 74 3 6 84
$1,159,500 1,474 6,500 - 8,000 sqft 3 2 85 3 7 70
$822,500 1,056 4,500 - 6,500 sqft 3 1 95 8 5 14