Let’s compare the Pasadena real estate market from January 2026 to January 2025. Thirty-eight homes sold last month, an increase from January of last year. At the same time, key pricing metrics moved lower, with declines in the average price per square foot, the average sales price, and the median price. The lower year-to-date absorption rate reflects fewer homes available rather than weaker demand, helping explain why sales activity increased even as prices softened.
At the low end, a four-bedroom, two-bath home at 696 Saint John Ave sold for $407.30 per square foot. At the high end, a two-bedroom, two-bath home at 1260 S Euclid Ave sold for $1,266.53 per square foot.
The least expensive home sold last month in Pasadena was a one-bedroom, one-bathroom, 762-square-foot home located at 1766 N Madison Ave. The seller initially listed it for $799,999 and sold it in ninety-one days for $775,000. The most expensive home sold was a six-bedroom, eight-bathroom, 8,926-square-foot home located at 3477 Lombardy Road. It was initially listed for $9,300,000 and sold in fifty-six days for $8,800,000.
