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Pasadena Housing Market May 2022

Let’s take an in-depth look at the Pasadena Housing Market for May 2022: Last month eighty homes sold. Both the average selling price and median price are the highest year to date.  The least expensive sale was a two bedroom, one bathroom, 912 square foot home located at 448 N. Wilson.  It sold for $718,000 while originally listed for $714,900 and sold in thirteen days.

The most expensive Pasadena sale was a five bedroom, seven bathroom, 5,905, square foot home located at 775 Holladay Road.  It sold for $7,125,000 while originally listed for $6,395,000 and sold in fifteen days.

Pasadena Housing Stats May 2022

Although interest rates have increased it continues to be an extremely strong seller’s market as evidenced by the low absorption rate.

Related Post: Harb and Co. 2nd Quarter 2022 Update

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