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Pasadena Micro Market Q4 (2021) Report

Pasadena Quarterly Market Insights Report (Micro): Q4 2021

Home sales in greater Pasadena trended down with a 2 percent decline while the average sales price increased by 8 percent to $1.2 million. South Pasadena single-family home sales activity rebounded form last year’s fourth quarter, increasing 28 percent while condo prices there increased 36 percent. Desirable San Marino saw a 40 percent increase in year-over-year single family homes sales activity. The average sales price for that single-family in San Marino rose to $2.7 million.

 

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

CONDO

57

52

55

41

-3.5%

-21.15%

$818k

$595k

$927k

$649k

13.4%

9%

26

42

33

35

26.9%

-16.7%

Altadena SFR 

CONDO

92

0

92

0

0%

N/A

$1.18m

0

$1.26m

0

7.4%

N/A

30

0

21

0

-30%

N/A

Pasadena SFR 

CONDO

264

177

227

166

-14%

-6%

$1.56m

$717k

$1.7m

$869k

10.5%

21.2%

35

40

31

31

-11.4%

-22.5%

San Gabriel SFR 

CONDO

60

20

72

31

20%

55%

$980k

$618k

$1.13m

$831k

15.6%

34.4%

20

30

24

30

20%

0%

San Marino SFR 

CONDO

30

0

42

0

40%

N/A

$2.66m

0

$2.75m

0

3.4%

N/A

60

0

50

0

-16.7%

N/A

South Pasadena SFR 

CONDO

29

14

37

19

28%

36%

$1.84m

$887k

$1.74m

$959k

-5.6%

8.2%

24

19

27

18

12.5%

-5.3%

*Numbers are rounded

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

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