Last month, half of Pasadena homes sold for under $899,000 (median selling price) and half over. The median selling price is a slight decrease from last month, which is common with the December holidays. Pasadena home values ranged from $467,000 for a one bedroom, one bathroom, 948 square foot starter home to $5,600,000 for an eight bedroom, nine bath estate on Chateau Rd.
Comparing Pasadena home statistics to January 2017: Average price per square foot $525 / average sales price 1,077,338 / median selling price $765,000 / absorption rate 2.93%. It’s been a banner year for Pasadena real estate.
Our new Pasadena listing should be ready to hit the market at the end of this month (finally!).
Call Phyllis to learn more about home sales in Pasadena, 818-790-7325.