Real Estate Market Update for 91105 (Pasadena, CA)

Video: Real Estate Community Tour for 91105 (Pasadena, CA)

See Real estate community tour for 91105 (Pasadena, CA)
Welcome to March's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was stable from one year earlier, and down 8% from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the previous month. As you can see, the median listing price for the month was just under 1.45-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up 32%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 800-thousand dollars. The number of units sold decreased 50% year-over-year, and decreased 67% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 91105 (Pasadena, CA)
Area Information for 91105 (Pasadena, CA)
  • Population: 12,098
  • Median Age: 46.87 yr
  • Median Commute Time: 21.3 mins
  • Educational Climate*: 5
  • Sales Tax: 9%
  • Population Density: 3,275/sq mi
  • Population Change Since 2000: 13.63%
  • Closest Airport: Bob Hope
  • Closest College: Pacific Oaks College
  • Closest Jr. College: Pasadena City College
  • Median Household Income: $108,217
  • Annual Residential Turnover: 15.91%
  • Median Years in Residence: 3.81 yr
  • Median Home Sales Price: $797,500
  • Closest Major Sports Team: Dodgers
  • Change Avg. Household Income Since 2000: 39%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 91105 (Pasadena, CA)
Median Age: 46.87 Married: 40% Number of Households: 5,759 Households with Children: 1,081
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 91105 (Pasadena, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      San Rafael Elementary School 0.3 mi Public PRESCHOOL-5 3 4
      Mayfield Senior School Of The Holy Child Jesus 0.6 mi Catholic 9-12 0 5
      International Montessori Academy 0.7 mi Private PRESCHOOL-5 0 0
      Maranatha High School 0.7 mi Private 9-12 0 4
      Sequoyah School 0.7 mi Private K-8 0 5
      Waverly School, The 0.9 mi Private PRESCHOOL-12 0 0
      Westridge School For Girls 0.9 mi Private 4-12 0 0
      Hillsides Education Center 1.0 mi Private 2-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 91105 (Pasadena, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.