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Pasadena Micro Market Q3 Report

Pasadena Micro Market Q3 Report

by | Nov 11, 2021 | Market

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...