Pasadena Quarterly Market Insights Report (Micro): Q3 2021
Home sales activity in Pasadena increased 22 percent compared to last year’s third quarter. Home prices were strong with the average sales price increasing 28 percent to $1.3 million. The average sales price for Pasadena condos hit a 29 percent increase at $923,698. Year-over-year condo sales in Alhambra was quickly rising to 60 percent.
| Number | of | Sales | Average | Sold | Price | Days | on | Market | ||
| TYPE | 2020 | 2021 | %CHANGE | 2020 | 2021 | %CHANGE | 2020 | 2021 | %CHANGE | |
| Alhambra | SFR
CONDO |
42
37 |
56
59 |
33%
60% |
$804k
$580k |
$928k
$645k |
15%
11% |
20
37 |
18
25 |
-10%
-32% |
| Altadena | SFR
CONDO |
92
1 |
106
1 |
15%
0% |
$1.1m
$475k |
$1.4m
$689k |
25%
45% |
26
7 |
26
40 |
0%
472% |
| Pasadena | SFR
CONDO |
225
133 |
244
183 |
8%
38% |
$1.4m
$717k |
$1.7m
$924k |
24%
29% |
33
35 |
26
36 |
-21%
3% |
| San Gabriel | SFR
CONDO |
71
13 |
79
27 |
11%
108% |
$927k
$690k |
$1.14m
$782k |
23%
13% |
26
29 |
26
18 |
0%
-38% |
| San Marino | SFR
CONDO |
35
0 |
41
0 |
17%
N/A |
$2.2m
0 |
$3.5m
0 |
60%
N/A |
43
0 |
33
0 |
-23%
N/A |
| South Pasadena | SFR
CONDO |
35
9 |
42
10 |
20%
11% |
$1.6m
$818k |
$1.9m
$923k |
16%
13% |
37
26 |
21
22 |
-43%
-15% |
*Numbers are rounded
*Extracted from Compass California Blog. Click here for the original article.