This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

Pasadena homes for sale: Market hovers at high point

If you’re shopping for Pasadena homes for sale, you might want to make your move while the market takes a breather.


Recently, the low number of Pasadena homes for sale on the market has driven up prices, but we seem to have paused around the high point, as of statistics released April 21. Inventory is up slightly, but we’re still seeing low listing numbers, keeping Pasadena in a seller’s market, giving more negotiating power to sellers.


Unless we see the number of listings make bigger gains, prices may very well shoot upward again. For buyers, this could mean even higher prices in the future. It’s impossible to predict exactly what the market will do, but national projections are saying Southern California should expect home prices to continue a modest climb throughout the year.

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


Pasadena Homes for Sale: By The Numbers


This week, the market data for Pasadena homes for sale is showing:

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

Median listing price: $785,000

Asking price per sq. foot: $464

Average days on the market: 77

Market Action Index: 47.1 (strong sellers market)


For an idea of your home value, visit homevaluesca.com.


These market statistics come from Altos Research, which provides real-time real estate data. The market fluctuates from week to week, so keep watching my blog for updates.


Teri Barton writes articles of interest to Baby Boomers at blog.boomersnbeyond.com and about other topics relatedt o Pasadena homes for sale at blog.navigatingyourmove.co


We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?