Market Report

Pasadena, CA

Single-Family Homes

Chartwell Escrow | 310.740.1708



Pasadena, CA

Wed Sep 22 2021
This week the median list price for Pasadena, CA is $1,824,500 with the market action index hovering around 60. This is an increase over last month's market action index of 59. Inventory has decreased to 98. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Pasadena, CA

Wed Sep 22 2021
This week the median list price for Pasadena, CA is $1,824,500 with the market action index hovering around 60. This is an increase over last month's market action index of 59. Inventory has decreased to 98. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Pasadena market.
Median List Price $1,824,500
Median Price of New Listings $1,199,444
Per Square Foot $741
Average Days on Market 73
Median Days on Market 49
Price Decreased 37%
Price Increased 9%
Relisted 15%
Inventory 98
Median Rent $1,700
Market Action 60
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$6,470,000 6,022 0.5 - 1 acre 5 6 77 2 2 108
$2,500,000 3,867 0.25 - 0.5 acre 4 4 33 4 2 59
$1,425,000 2,010 6,500 - 8,000 sqft 3 3 74 8 7 14
$965,000 1,359 6,500 - 8,000 sqft 3 2 95 12 12 14