The Pasadena housing market is very competitive. Homes in Pasadena receive 7 offers on average and sell in around 28 days. The median sale price of a home in Pasadena was $1.1M last month, up 10.1% since last year. The median sale price per square foot in Pasadena is $838, up 15.8% since last year.
What is the housing market like in Pasadena today?
In April 2024, Pasadena home prices were up 10.1% compared to last year, selling for a median price of $1.1M. On average, homes in Pasadena sell after 28 days on the market compared to 37 days last year. There were 87 homes sold in April this year, up from 75 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,129,000
+10.1% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Pasadena, CA
$1,129,000
+10.1%
United States
To compare other locations to the Pasadena and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Pasadena add value to a home.
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How hot is the Pasadena housing market?
Pasadena is very competitive. Homes sell in 29 days.
0
100
72
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 5% above list price and go pending in around 29 days.
Hot homes
can sell for about 11% above list price and go pending in around 20 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Pasadena
Explore recent offers and recently sold homes in Pasadena
Recent offers
Offer Not Accepted|
7 Weeks Ago
~$1.25M Offer
Sold for $1.5M
2bd | 2ba | ~1,000sqft
Over List Price
20%
Days on Market
21
Competing Offers
>25
Down Payment
~20%
Josh Ritnimit
Pasadena Redfin Agent
Submitted 200k over asking and got countered. The buyers came up only 30k when countered for 100k more and the seller accepted another offer. …
San Pascual Elementary Science Technology Engineering Arts And Mathematics (steam) Magnet
Public • K-5
280
Students
19 reviews
6/10
Norma Coombs Elementary
Public • K-5
346
Students
39 reviews
Only showing 5 of
26 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Pasadena housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Pasadena.
Risk Factor
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Pasadena has a minor risk of flooding. 280 properties in Pasadena are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Pasadena. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Pasadena has a severe risk of wildfire. There are 14,034 properties in Pasadena that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Pasadena.