Realtor®

Altadena and Pasadena Market Report | March 23, 2022

Altadena

  • This week the median list price for a single family home in Altadena, CA 91001 is $1,295,000
  • Market action index hovering around 81, which is an increase over last month’s market action index of 76.
  • Inventory has increased to 31.
  • 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 a single family home in Pasadena, CA is $1,901,444.
  • 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 80.
  • 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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