Realtor®

Altadena and Pasadena Market Report | March 18, 2022

Altadena

  • This week the median list price for Altadena, CA 91001 is $1,177,000.
  • The market action index is hovering around 83. This is an increase over last month’s market action index of 76.
  • Inventory has held steady at or around 24.
  • Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks.
  • This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Pasadena

  • This week the median list price for Pasadena, CA is $1,914,000.
  • The Market Action Index (MAI) is hovering around 67, which is an increase over last month’s market action index of 63.
  • Inventory has increased to 77.
  • The market has been strong for several consecutive weeks.
  • Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

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