Real Estate Market Update for Pasadena, CA

Video: Real Estate Community Tour for Pasadena, CA

See Real estate community tour for Pasadena, CA
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 23% from one year earlier, and down 10% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 850-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 3%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 550-thousand dollars. The number of units sold increased 31% year-over-year, and increased 19% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 Pasadena, CA
Area Information for Pasadena, CA
  • Population: 141,713
  • Median Age: 38.54 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 4
  • Sales Tax: 9%
  • Population Density: 6,169/sq mi
  • Population Change Since 2000: 5.68%
  • Closest Airport: Bob Hope
  • Closest College: Fuller Theological Seminary
  • Closest Jr. College: Pasadena City College
  • Median Household Income: $73,544
  • Annual Residential Turnover: 17%
  • Median Home Sales Price: $640,000
  • Closest Major Sports Team: Los Angeles Dodgers
  • Change Avg. Household Income Since 2000: 43.97%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Pasadena, CA
Median Age: 38.54 Married: 35% Number of Households: 57,268 Households with Children: 12,616
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 Pasadena, CA

      School Name Distance Type Grades School Rating Parent Rating
      Grace Christian Academy 0.3 mi Private K-8 0 0
      St. Philip The Apostle 0.4 mi Catholic K-8 0 0
      Method Schools High 0.4 mi Public 9-12 0 0
      Method Schools K-8 0.4 mi Public K-8 0 0
      Lycee International Of Los Angeles 0.5 mi Private PRESCHOOL-5 0 0
      Lycee International De Los Angeles 0.5 mi Private PRESCHOOL-5 0 0
      Rose City High (continuation) School 0.5 mi Public 9-12 0 0
      Mckinley School 0.6 mi Public K-8 2 0
      Lake Avenue Church School 0.6 mi Private PRESCHOOL-K 0 0
      Polytechnic School 0.7 mi Private K-12 0 0
      Jefferson Elementary School 0.7 mi Public PRESCHOOL-5 1 0
      Enchanged Castle Montessori School-pasadena 0.9 mi Private PRESCHOOL-K 0 0
      Mayfield Junior School 1.0 mi Catholic K-8 0 0
      Friends Western School 1.1 mi Private K-5 0 0
      Madison Elementary School 1.2 mi Public PRESCHOOL-5 0 0
      Hamilton Elementary School 1.2 mi Public PRESCHOOL-5 4 0
      Aria Montessori School 1.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      Villa Esperanza Services School 1.2 mi Private 1-12 0 0
      St. Gregory's A. And M. Hovsepian School 1.3 mi Private PRESCHOOL-8 0 0
      St. Andrew Elementary School 1.3 mi Catholic PRESCHOOL-8 0 0
      Our School 1.4 mi Private PRESCHOOL-K 0 0
      Marshall Fundamental School 1.4 mi Public 6-12 4 3
      Oak Knoll Kinderhaus Montessori 1.5 mi Private PRESCHOOL-9 0 0
      Waverly School, The 1.5 mi Private PRESCHOOL-12 0 0
      San Marino Montessori 1.6 mi Private PRESCHOOL-8 0 0
      Pasadena Montessori 1.6 mi Private PRESCHOOL-8 0 0
      Blair High School 1.6 mi Public 6-12 3 3
      Longfellow (henry W.) Elementary School 1.6 mi Public PRESCHOOL-5 2 0
      Maranatha High School 1.7 mi Private 9-12 0 4
      Sequoyah School 1.7 mi Private K-8 0 0
      Sequoia High School 1.7 mi Private 9-12 0 0
      Levon And Hasmig Tavlian Armenian Preschool 1.7 mi Private PRESCHOOL-K 0 0
      International Montessori Academy 1.8 mi Private PRESCHOOL-5 0 0
      New Horizon School Pasadena 1.8 mi Private PRESCHOOL-8 0 0
      Roosevelt Elementary School 1.8 mi Public K-5 1 0
      Walden School 1.9 mi Private PRESCHOOL-6 0 0
      Excelsior School 1.9 mi Private 9-12 0 0
      Agbu Vatche And Tamar Manoukian High School 1.9 mi Private 9-12 0 0
      Learning Works School 2.0 mi Public 7-12 1 0
      Sovereign Grace Academy 2.0 mi Private 1-12 0 0
      Daniel Webster 2.0 mi Public PRESCHOOL-5 3 0
      Pasadena Christian School 2.0 mi Private PRESCHOOL-8 0 0
      Norma Coombs Alternative School 2.0 mi Public PRESCHOOL-5 4 0
      Judson International 2.0 mi Private K-12 0 0
      Frostig School 2.0 mi Private 1-12 0 0
      Assumption Of The Blessed Virgin Mary School 2.0 mi Catholic K-8 0 0
      Huntington Middle School 2.0 mi Public 6-8 5 5
      Valentine Elementary School 2.0 mi Public K-5 5 0
      Washington Middle School 2.1 mi Public 6-8 1 0
      Southwestern Academy 2.1 mi Private 6-12 0 3
      Washington Accelerated Elementary School 2.2 mi Public K-5 1 0
      Mayfield Senior School Of The Holy Child Jesus 2.2 mi Catholic 9-12 0 3
      San Marino High School 2.2 mi Public 9-12 5 4
      Westridge School For Girls 2.2 mi Private 4-12 0 4
      Chandler School 2.3 mi Private K-8 0 0
      Rosemary School, The 2.3 mi Private 8-12 0 0
      Cis Academy 2.3 mi Public 8-12 1 3
      Pasadena High School 2.3 mi Public 9-12 3 3
      Westminster Academy 2.3 mi Private K-8 0 0
      Saints Felicitas And Perpetua School 2.4 mi Catholic PRESCHOOL-8 0 0
      Weizmann Day School 2.4 mi Private K-8 0 0
      Harambee Preparatory School 2.5 mi Private PRESCHOOL-6 0 0
      Carver Elementary School 2.5 mi Public PRESCHOOL-5 5 0
      Willard Elementary School 2.6 mi Public PRESCHOOL-5 3 0
      Joy Christian Preschool 2.6 mi Private PRESCHOOL-K 0 0
      Cleveland Elementary School 2.6 mi Public PRESCHOOL-5 0 0
      Woodrow Wilson Middle School 2.6 mi Public 6-8 1 0
      San Rafael Elementary School 2.7 mi Public PRESCHOOL-5 4 0
      Opportunities For Learning - Duarte 2.8 mi Public 7-12 2 0
      Harriet Tubman 2.8 mi Private PRESCHOOL-1 0 0
      High Point Academy 2.8 mi Private K-8 0 0
      John Muir High School 2.9 mi Public 9-12 2 3
      Field (eugene) Elementary School 3.0 mi Public PRESCHOOL-5 3 0
      Hillsides Education Center 3.1 mi Private 2-12 0 0
      La Salle High School 3.5 mi Catholic 9-12 0 4
      Don Benito Fundamental School 3.6 mi Public K-5 4 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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Pasadena, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.