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Blog | Pasadena Real Estate: A Mixed Bag for Single-Family Homes

A look at Pasadena real estate is showing us a mix of markets cooling off and those showing more positive signs for single-family home listings.

This week's update on the Pasadena real estate market shows us how up and down the housing market can be.

As I’ve said before, market conditions tend to fluctuate, and this week you can see clear evidence of that. Zip Code 91107 was the “hottest” market for single-family homes last week. This week, it’s showing weakening conditions (although it’s prices are holding steady for now). Meanwhile, Zip Code 91104 is now showing signs of heating up, so that’s good news for home sellers in that area.

If you’re interested in learning more about what your property could bring on the market, visit our Home Values page. If you’re a buyer, you can search for Pasadena real estate to see some actual listings on the market.

Find out what's happening in Pasadenawith free, real-time updates from Patch.

The trends I share are based on Altos Research Real-Time Real Estate Data. This article gives you a look at how the markets are performing this week only. Keep watching Classic Pasadena week by week to keep pace with housing conditions in your area.

Pasadena real estate, by zip code:

PASADENA -- 91104

Find out what's happening in Pasadenawith free, real-time updates from Patch.

The median list price this week is $549,000. Demand is heating up as inventory tightens and the length of time properties spend on the market drops.

Average days on market: 87

Asking price per square foot: $380

Market Action Index score: 38.0

PASADENA -- 91105

The median list price this week is $1,099,000. Prices in this zip code nudged up, but the recent trend has generally been downward. Demand for properties is rising.

Average days on market: 163
Asking price per sq foot: $466

Market Action Index score: 31.7

PASADENA – 91106

The median list price this week is $1,199,500. In terms of supply and demand, the market is getting cooler.

Average days on market: 117

Asking price per sq foot: $550

Market Action Index score: 33.1

PASADENA - 91107

The median list price this week is $699,000, the same as last week. In terms of supply and demand, the market is getting cooler.

Average days on market: 95

Asking price per sq foot: $401

Market Action Index score: 35.3

To read more about Pasadena real estate or other markets in the region, read my complete article, “San Gabriel Valley Real Estate Outlook.”

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