Let’s delve into the Pasadena housing market April 2020.
Last month, April 2020, the least expensive home sold in Pasadena was a three-bedroom, three-bath 1900 square foot home at 1797 N. Summit Avenue. It sold for $500,000. The most expensive Pasadena sale was a four-bedroom, four-bathroom, 3,951 square foot estate. Located at 326 Congress Pl. this luxury home sold for $2,430,000.
Pasadena’s real estate attracts buyers with its unique charm. Vibrant culture thrives in Old Town Pasadena. Stunning Craftsman homes showcase architectural beauty. Top-rated schools earn high GreatSchools scores. Proximity to Los Angeles offers urban access. Lush parks provide outdoor recreation. The Rose Bowl draws global attention. Diverse dining options excite food lovers. Strong community spirit fosters connection. Historic neighborhoods exude character. Stable property values ensure investment security. Low crime rates enhance safety. Scenic mountain views captivate residents. Robust job markets support professionals. Easy freeway access simplifies commuting.
Pasadena Housing Recap:
When comparing the Pasadena housing market year over year, notable differences emerge—specifically, COVID-19-impacted 2020 contrasts with prime spring April 2019. Most significantly, closings dropped sharply in 2020. Meanwhile, the average price per square foot remained similar. Likewise, the average selling price stayed consistent. Additionally, days on market showed little change. Consequently, pricing and time to sell held steady. However, reduced closings reflect pandemic disruptions. For instance, fewer listings and cautious buyers slowed activity. Nevertheless, stable metrics indicate resilient demand. Thus, Pasadena’s market adapted despite challenges.
