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.