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Pasadena, CA Real Estate News

In January of 2018, California associations of Realtors (C.A.R) reported that a median list price of a home and a condo was $790,000 in Pasadena, California in December of 2017 declined from $803,750 in November of 2017, but increased from $744,375 in December of 2016. The average price per square foot of a home and a condo was $551.00 in December of 2017 higher from $531.00 in November of 2017, and rose from $498.00 in December of 2016 in Pasadena, California.Homes and condos averaged 24.8 days in the market in December of 2017, down from 32.0 days in November of 2017, and declined from 48.3 days in December of 2016. While, an average there were 2.2 months inventory of homes and condos available in the market in December of 2017, decreased from 2.7 months in November of 2017, and dropp...
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In November of 2017, California associations of Realtors (C.A.R) reported that a median list price of a home and a condo was $842,125 in Pasadena, California in October of 2017 declined from $855,000 in September of 2017, but increased from $750,250 in October of 2016. The average price per square foot of a home and a condo was $546.00 in October of 2017 up from $544.00 in September of 2017, and rose from $494.00 in October of 2016 in Pasadena, California.Homes and condos averaged 30.5 days in the market in October of 2017, jumped from 25.0 days in September of 2017, but droppe from 42.5 days in October of 2016. While, an average there were 3.5 months inventory of homes and condos available in the market in October of 2017, higher from 2.7 months in September of 2017, and higher from 3....
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Pasadena Hastings Ranch Condo For Lease385 Cliff Drive Unit 10 Two bedroomsTwo bathsApproximately 1190 square feetYear built:  1960 $2400 per monthMinimum one-year lease$4800 security deposit  Located in a smaller Pasadena garden-style condominium complex, 385 Cliff Drive Unit Ten is now available for lease.  This second level unit is located in the rear of the complex and has a wonderful view of the treetops and the San Gabriel Valley.   The eleven unit complex features mature landscaping.  With its treehouse-like perspective, Unit Ten has no common walls.   There are two bedrooms, two baths and an open floor plan.     There are two side-by-side covered parking spaces with overhead storage.  A refrigerator is included without warranty.   Laundry is common.   The Hastings Ranch neighbor...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Free Market Analysis: What is my Pasadena Millionaire’s Row Condo or Townhome Worth? The South Orange Grove Boulevard Corridor How Are Recent Sales Impacting Values?Inventory Challenges - Buyers Are ReadyWhat Is My Millionaire’s Row Condo or Townhome Worth?  FREE MARKET ANALYSIS This is a real estate market activity report for the condominiums and townhomes along Pasadena’s Millionaire’s Row also known as the South Orange Grove Boulevard corridor.  The Millionaire’s Row name dates back  to the turn of the twentieth century when the broad palm-lined street was home to many grand estates.   Today, you will still find some magnificent single family homes here but generally, most are located just off the boulevard.   Arguably, the most significant of those homes is Wrigley Mansion which tod...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Free-Market Analysis:  Pasadena Upper Hastings Ranch Neighborhood What is my Upper Hastings Ranch Home Worth?A Look at The First Nine Months of the YearDo You Want a Free Market Analysis Of Your Upper Hastings Ranch Home?How Are Recent Sales in Upper Hastings Ranch Impacting Your Home’s Market Value? This is a real estate activity report for the Upper Hastings Ranch neighborhood in Pasadena 91107.  In this report, I will share sales information for the first nine months of 2017 along with a comparison of the same period of time for the previous three years.   In addition, I am including a recap of homes currently available for sale and in escrow.   Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions i...
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In October of 2017, California associations of Realtors (C.A.R) reported that a median list price of a home and a condo was $855,000 in Pasadena, California in September of 2017 gained from $783,750 in August of 2017, and increased from $745,000 in September of 2016. The average price per square foot of a home and a condo was $544.00 in September of 2017 up from $523.00 in August of 2017, and rose from $486.00 in September of 2016 in Pasadena, California.Homes and condos averaged 25.0 days in the market in September of 2017, down from 29.5 days in August of 2017, but lower from 36.3 days in September of 2016. While, an average there were 2.7 months inventory of homes and condos available in the market in September of 2017, jumped from 2.0 months in August of 2017, and fell from 4.0 mont...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Free Market Analysis:  Pasadena Lower Hastings Ranch Neighborhood What is my Lower  Hastings Ranch Home Worth?A Look at The First Nine Months of the YearDo You Want a Free Market Analysis?How Are Recent Sales in Lower Hastings Ranch Impacting Your Home’s Market Value?  This is a real estate market activity report for the Lower Hastings Ranch neighborhood.  In this report, I will share information about closed sales  for the first nine months of 2017 as well as a comparison of transactions for the same January through September period in the previous three years.  In addition, there is a recap of homes for sale and in escrow.  The statistical information in this report has been gathered  from our local multiple listing service(mls) and may not include all activity in the neighborhood.  T...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Free Market Analysis Historic Highlands Neighborhood in Pasadena  Historic Highlands NeighborhoodHomes For Sale and Real Estate UpdateWhat Is My Home In Historic Highlands Worth?  A Pasadena Historic Landmark DistrictA Look At The Real Estate Market For The First Nine Months of 2017Free Market Analysis This is a real estate market activity report for the Historic Highlands neighborhood in Pasadena.   In this report, I will share information about sales for the first nine months of 2017 along with a comparison of the same time period for the previous three years.  Additionally, I am including a recap of properties currently on the market for sale and in escrow.   Statistical information in the report has been gathered from our local multiple listing service(mls) and may not include all t...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Free Market Analysis North Pasadena Heights Landmark DistrictHomes For Sale and Real Estate UpdateWhat Is My Home In North Pasadena Heights Worth?This is a real estate market activity report for the North Pasadena Heights landmark district.   The boundaries of this small Pasadena neighborhood are Paloma Street on the south, Whitefield Road on the north between Hill Avenue and Allen Avenue.  I will share information regarding homes for sale, in escrow as well as sold in the first nine months of 2017 with a comparison to sales in the same January through September period for the previous three years.     Statistical information has been gathered from our local multiple listing service(mls) and may not include all transactions.    Homes in North Pasadena Heights neighborhood range from sma...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Free Market AnalysisBungalow Heaven Landmark District in PasadenaWhat Is My Home Worth?  This is a real estate market activity report for the Bungalow Heaven Landmark District in Pasadena.  In this report I will share sales results for the first nine months of 2017 with a comparison to the same time period for the previous two years.   Additionally, there is a recap of Bungalow Heaven homes for sale and in escrow.   The statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the neighborhood. Established in 1989 as the city’s first historic landmark district, the boundaries are roughly Orange Grove and Washington boulevards south/north and Lake and Hill avenues west/east.    While many architectural st...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Free Market AnalysisChapman Woods Pasadena Neighborhood Real Estate Market Review January through September  This is a real estate market activity review for the Chapman Woods neighborhood in Pasadena.  In this report, I will share information regarding closed transactions for the first nine months of 2017 along with a recap of sales for that same period over the previous two years.  I am also including a recap of homes currently available for sale and in escrow.   Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the neighborhood.  The information is from reliable sources and deemed reliable but has not been verified and is not guaranteed.   Chapman Woods is located in unincorporated Los Angeles...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Free Market AnalysisPasadena Washington Square Neighborhood Market Update What Is My Washington Square Home In Pasadena Worth?  Washington Square Is A Landmark District FREE MARKET ANALYSIS      This is a real estate market activity report for the Washington Square Landmark District in Pasadena.  In this report, I will share information regarding activity in the first nine months of 2017 with a comparison of the same period in the previous two years.  Statistical information in this report has been gathered from our local multiple listing service(mls) records and may not reflect all transactions in the community.  Established in 2003 as a Pasadena landmark district, the neighborhood is comprised of approximately 250 homes.   The homes were generally built between 1910 and 1940 represent...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Pasadena Home Just Leased:  2096 East Crary Street    Just Leased in Pasadena with multiple applications submitted.   This circa 1936 traditional home is located in Northeast Pasadena and combines period details of the era with timely updates.    Three bedrooms, two remodeled baths. Updated kitchen. Approximate home size:    1558 square feetApproximate lot size:          7145 square feet List price:                                  $3300 per monthLease Price:                                             $3500 per monthTwo Year Lease Signed on October 10, 2017For additional information:          Michael JacobsColdwell Banker Residential BrokerageCalBRE# 01165532818.516.4393 cell  If you are thinking about investment property to purchase, give me a call --- there are tenants looking for ni...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Free Market AnalysisPasadena Daisy Villa Neighborhood Market Update  What Is My Daisy Villa Home In Pasadena Worth?  The Daisy Villa Neighborhood Name is Smile-Worthy  FREE MARKET ANALYSIS   This is a real estate market activity report for the Daisy Villa neighborhood in Pasadena zip code 91107.  In this report, I will share information for the first nine months of 2017 for homes on the market for sale, in escrow and closed. In addition, I will include a recap of sales for the same January through September time period for the previous two years.  The statistical data I reference has been gathered from our local multiple listing service(mls) and may not include all sales in the Pasadena neighborhood.   I have heard on more than one occasion that the name Daisy Villa brings a smile to th...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Condo And Loft Living In Old Pasadena Free Market Analysis  Living In Vibrant Old Pasadena Neighborhood  What Is My Condo In Old Pasadena Worth?   FREE MARKET ANALYSIS   This is a real estate market activity report for the condos and lofts in the Old Pasadena neighborhood.   Old Pasadena offers a more urban lifestyle than you would likely expect in other parts of the city.  It is within steps of well-known stores and unique boutiques, more than 100 restaurants, cafes and intimate bistros along its 22 historic blocks and alleyways. Entertainment and cultural options are abundant here as well. There is a Gold Line light rail station at Memorial Park and access to the Foothill(210) and Ventura(134) freeways plus the Arroyo Seco Parkway(110) is nearby. For purposes of this report, I am usin...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
 Roy's in Pasadena.... Diane and I have been going to our favorite bookstore for many years...  and at the corner of Vroman's  where our favorite Bookstore is  loated, there is this Hawaiian Style Restaurant, which  had caught my eyes for many years... I always wanted to go and try it out... Diane was more into grab a quick pizza and run out to the car and home...Life changes... things happen... finally after who knows how many years later... when I asked our friend Michael Jacobs  what he thought of the place... anyway we finally ended up here. Why now? Well who knows, was it the  Open Table Incentive Points? Was it timing? Who knows....Anyway check out this picture, this was our appetizer:  The next question is would we go back again? Absolutely, there are a few more items on the menu...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
  Living Along Pasadena Millionaire’s Row What Is My South Orange Grove Blvd Condo Worth?   FREE MARKET ANALYSIS       This is a real estate market activity report for one of Pasadena’s premier destinations for condos and townhomes:  South Orange Grove Boulevard. Also known as Pasadena Millionaire’s Row for the grand mansions and estates which once lined this wide palm-lined street, today South Orange Grove Boulevard consists of many different individual condominium and townhome complexes.   Many of these complexes offer expansive and beautifully landscaped garden and lawn areas. Since Pasadena has been built out, for the most part, this amount of land is nearly impossible to replicate in other parts of the city today. Interestingly enough, you can still find some of the larger homes on...
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In September of 2017, California associations of Realtors (C.A.R) reported that a median list price of a home was $783,500 in Pasadena, California in August of 2017 declined from $844,000 in July of 2017, but higher from $720,000 in August of 2016. The average price per square foot of a home was $523.00 in August of 2017 down from $540.00 in July of 2017, but rose from $480.00 in August of 2016 in Pasadena, California.Homes averaged 29.5 days in the market in August of 2017, up from 29.0 days in July of 2017, but fell from 38.8 days in August of 2016. While, an average there were 2.0 months inventory of homes available in the market in August of 2017, decreased from 2.3 months in July of 2017, and dropped from 3.1 months in August of 2016, in Pasadena, California according to C.A.R in S...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Cordova East Condos in Pasadena1115 Cordova Street This is a real estate market activity report for the Cordova East condominium complex in Pasadena.   Located at 1115 Cordova Street, Cordova East was built in 1963 as apartments and was later converted to condominiums.  The 69 single level units range in size from studios to two bedrooms/two baths and from under 500 to over 1700 approximate square feet.   In this report, I will share information regarding units for sale as well as closed transactions so far in 2017.   Additionally, I am including a recap of sales for the previous three years.  The statistical data for this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the complex.   Cordova East features a central courtyard...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Michillinda Terrace Condos in Pasadena This is a market activity report for Michillinda Terrace in Pasadena.  This intimate group of just twelve townhouse-style condos was built in 2007 by Toledo Homes.   In this report, I will share information regarding units for sale and sold so far in 2017 along with a recap of sales for the previous three years.   Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the complex.   The floor plans at Michillinda Terrace feature two or three bedrooms with up to four baths.  Approximate sizes range from around 1300 to nearly 2000 square feet.   Designed with the signature Mediterranean architectural influence that can be found in many other Toledo Homes communitie...
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