Tracey Velt's Market Report
Pasadena, CA
Single-Family Homes
HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498
Pasadena, CA
Sat Aug 15 2026
This week the median list price for Pasadena, CA is $1,551,500 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has decreased to 120.
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 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
| Median List Price | $1,551,500 | |
| Median Price of New Listings | $1,596,500 | |
| Per Square Foot | $888 | |
| Average Days on Market | 83 | |
| Median Days on Market | 56 | |
| Price Decreased | 29% | |
| Price Increased | 3% | |
| Relisted | 13% | |
| Inventory | 120 | |
| Median Rent | ||
| Market Action | 46 | |
| Strong Seller's Market | ||
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 |
|---|---|---|---|---|---|---|---|---|
| $3,950,000 | 4,253 | 0.25 - 0.5 acre | 4 | 4 | 69 | 0 | 4 | 63 |
| $1,864,500 | 2,201 | 8,000 - 10,000 sqft | 4 | 2.8 | 77 | 7 | 1 | 56 |
| $1,300,000 | 1,615 | 6,500 - 8,000 sqft | 3 | 2 | 92 | 1 | 3 | 49 |
| $975,000 | 1,180 | 6,500 - 8,000 sqft | 3 | 2 | 99 | 4 | 10 | 59 |