The Pasadena housing market is somewhat competitive. Homes in Pasadena receive 7 offers on average and sell in around 35 days. The median sale price of a home in Pasadena was $1.2M last month, up 4.3% since last year. The median sale price per square foot in Pasadena is $777, up 5.7% since last year.
What is the housing market like in Pasadena today?
In August 2024, Pasadena home prices were up 4.3% compared to last year, selling for a median price of $1.2M. On average, homes in Pasadena sell after 35 days on the market compared to 31 days last year. There were 101 homes sold in August this year, up from 89 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,200,000
+4.3% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Pasadena, CA
$1,200,000
+4.3%
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 somewhat competitive. Homes sell in 34 days.
0
100
57
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 4% above list price and go pending in around 34 days.
Hot homes
can sell for about 10% 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
Winning Offer|
11 Weeks Ago
~$1.25M Offer
3bd | 1ba | ~1,250sqft
Over List Price
3%
Days on Market
46
Competing Offers
5
Down Payment
~80%
Eddie Halaby
Pasadena Redfin Agent
Multiple Offers from the start. My client's offer was in back up position and ended up getting accepted after the previous escrow failed. Back Up Offers do sometimes work out!…
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.
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. 285 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 14,050 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.