View homes for sale in Pasadena, CA with real estate agent Amy Engler.
Pasadena, CA Housing Market Trends
In August 2024, Pasadena homes for sale saw a 4.3% increase in prices compared to the previous year, with a median price of $1.2M. On average, homes in Pasadena now take 35 days to sell, slightly longer than the 31 days in August 2023. A total of 101 homes were sold this August, an uptick from 89 sales last year. The median price per square foot has also risen to $775, reflecting a 4.6% year-over-year increase. These trends indicate steady growth in demand for Pasadena homes for sale.
Pasadena remains a somewhat competitive market. Pasadena homes for sale typically go pending in about 32 days, with the average home selling for around 4% above the list price. Some properties receive multiple offers, and "hot" homes can sell for as much as 9% above the asking price, often going pending in as little as 19 days. This indicates a strong demand, particularly for highly desirable properties.
People are moving to Pasadena from a variety of places across the country. In fact, 5% of homebuyers searching for Pasadena homes for sale are from outside metro areas. San Francisco tops the list of metros with the most homebuyers looking to relocate to Pasadena, followed by New York and El Centro.
As for current Pasadena residents, 79% of homebuyers prefer to stay within the Pasadena metropolitan area. However, for those looking to move out of the region, San Diego is the most popular destination, with Las Vegas and Bakersfield also attracting many Pasadena movers.
If you have any questions about the Pasadena real estate market or are interested in exploring Pasadena homes for sale, Amy is here to help. With her local expertise and dedication, she can guide you through the process of finding the perfect property. Whether you're buying your first home or looking for a new investment, reach out to Amy for personalized assistance and expert advice!
Discover the charm and character of Pasadena’s diverse neighborhoods! Whether you're exploring Pasadena homes for sale or just curious about the area's best spots to live, our comprehensive Pasadena neighborhood guide has everything you need. Dive in to find the perfect community that matches your lifestyle, from historic districts to vibrant, modern enclaves. Start your journey today!
As a consistent top producer within her brokerage Amy is a hardworking and trustworthy real estate professional who makes sure that her clients receive the great service they deserve.
