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Pasadena Micro Market Q3 Report

Pasadena Quarterly Market Insights Report (Micro): Q3 2021

Home sales activity in Pasadena increased 22 percent compared to last year’s third quarter. Home prices were strong with the average sales price increasing 28 percent to $1.3 million. The average sales price for Pasadena condos hit a 29 percent increase at $923,698. Year-over-year condo sales in Alhambra was quickly rising to 60 percent.

 

Number of Sales Average Sold  Price Days on Market
TYPE 2020 2021 %CHANGE 2020 2021 %CHANGE 2020 2021 %CHANGE
Alhambra SFR 

CONDO

42

37

56

59

33%

60%

$804k

$580k

$928k

$645k

15%

11%

20

37

18

25

-10%

-32%

Altadena SFR 

CONDO

92

1

106

1

15%

0%

$1.1m

$475k

$1.4m

$689k

25%

45%

26

7

26

40

0%

472%

Pasadena SFR 

CONDO

225

133

244

183

8%

38%

$1.4m

$717k

$1.7m

$924k

24%

29%

33

35

26

36

-21%

3%

San Gabriel SFR 

CONDO

71

13

79

27

11%

108%

$927k

$690k

$1.14m

$782k

23%

13%

26

29

26

18

0%

-38%

San Marino SFR 

CONDO

35

0

41

0

17%

N/A

$2.2m

0

$3.5m

0

60%

N/A

43

0

33

0

-23%

N/A

South Pasadena SFR 

CONDO

35

9

42

10

20%

11%

$1.6m

$818k

$1.9m

$923k

16%

13%

37

26

21

22

-43%

-15%

*Numbers are rounded

*Extracted from Compass California Blog. Click here for the original article.

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