Special offer

South Pasadena, CA Real Estate News

By Lee Bothast, CRS, 2nd Generation Pasadena Area Realtor
(Coldwell Banker Residential Brokerage)
Here’s the market update for South Pasadena Homes for Sale for the week ending 3/29/15: It's a Seller’s Market, Here's why: 1.75 months supply of homes trending (6 months is a balanced market) 26 Homes available total # Condos Available: 7 (2 new this week) # Single Family Homes Available: 19 (4 new this week) The 6 month numbers are as follows: Average Sale Price: $1,003,164 Median Sale Price: $869,000 Average Days on Market: 45 Average Sale Price to List Price Ratio: 101.60 Of Special Note this week: The spring market has officially begun and inventory is up, which is the time tested pattern to expect for South Pasadena Homes for Sale. However, the March trend seems to be hinting at a slower market, with all key indicators supporting this idea, even if just for March so far. The perce...
Comments 1
By Michael Jacobs, Pasadena And Southern California 818.516.4393
A Visit to The South Pasadena Farmers Market - Every Thursday   I quickly stopped by the South Pasadena Farmers Market yesterday afternoon in between appointments but left empty-handed since I didn’t want to leave any of my precious finds in a hot car.      I stopped just a bit after the market opened at 4PM and the temps were approaching 90 degrees but the crowds were still out in enthusiastic force.  The South Pasadena Farmers Market is held each Thursday and the Summer hours are 4PM - 8PM. You can find it on Meridan Avenue and El Centro Street adjacent to the Gold Line South Pasadena station.   I lingered a bit around LAFUNgi the mushroom place because I love the selection and variety even if I can’t tell without help which variety is which.   But I do know the taste is delicious reg...
Comments 28
In March of 2015 Trulia.com reported median homes sales prices fell 13.6% in South Pasadena, California between December 2014 to March 2015 to $740,000, from the previous quarter, but dropped 4.0% from the same time in March of 2014.  An average home listing price in South Pasadena, California on Trulia was not changed stayed at $1,268,368 on March 04, 2015 from previous week, but lower 0.4% from week ending on February 11, 2015. An average square foot for homes dropped 10.5% to $511 in March of 2015 from March of 2014 in South Pasadena, California.  For more complete detailed information about market trends at South Pasadena, California on March 04, 2015, please CLICK HERE
Comments 4
By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Homes For Sale and Market Update 03.06.15   This is a recap of South Pasadena homes for sale, in escrow and sold for the first two months of 2015.      Statistical information has been gathered from our local multiple listing service(mls) as of March 5, 2015 and may not include all transactions.   South Pasadena is a separate city(incorporated 1888) in the West San Gabriel Valley of Los Angeles County. It is not a part of Pasadena which is it’s larger and better known neighbor. South Pasadena has an estimated population of 25,000 on flatlands and hillsides with approximately 21000 trees and over 100 acres of parks and playgrounds according to the city website.       This enhances the small town appeal of the city known by locals as South Pas. Highly regarded schools.  ...
Comments 14
By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Lofts Condos Townhomes Market Recap 03.06.15   This is a recap of the loft, condo and townhome segment of the South Pasadena real estate market with a summary of units for sale, in escrow and sold for the first two months of 2015.  Statistical information in this report is from our local multiple listing service(mls) as of March 5, 2015) and may not include all transactions in the marketplace.     Although this segment is not a large part of the South Pasadena real estate, it does offer a more affordable alternative for those who want to live in the city which is known to many locals as South Pas.  It is located and is not a part of its larger neighbor Pasadena.      Incorporated as a city in 1888, you will find a small town atmosphere with tree-lined streets, unique s...
Comments 14
By Lee Bothast, CRS, 2nd Generation Pasadena Area Realtor
(Coldwell Banker Residential Brokerage)
Here’s the market update for South Pasadena Homes for Sale for the week ending 3/1/15: It's a Seller’s Market, Here's why: 1.0 months supply of homes trending 15 Homes available total # Condos Available: 5 (1 new this week) # Single Family Homes Available: 10 (2 new this week) The 6 month numbers are as follows: Average Sale Price: $1,000,237 Median Sale Price: $876,250 Average Days on Market: 42 Average Sale Price to List Price Ratio: 102.21 Of Special Note this week: An unsually abrupt change in the number of homes available this week!  A drop from last weeks 22 South Pasadena Homes for Sale to this weeks 15 total was a surprise as usually this time of year brings more sellers, however, with 5 going into escrow within just one week, it’s clear that buyers are out in force! All but 1 o...
Comments 0
By Lee Bothast, CRS, 2nd Generation Pasadena Area Realtor
(Coldwell Banker Residential Brokerage)
Here’s the market update for South Pasadena Homes for Sale for the week ending 2/22/15: It's a Seller’s Market, Here's why: 1.5 months supply of homes trending 22 Homes available total # Condos Available: 6 (0 new this week) # Single Family Homes Available: 16 (5 new this week) The 6 month numbers are as follows: Average Sale Price: $998,852 Median Sale Price: $876,250 Average Days on Market: 42 Average Sale Price to List Price Ratio: 102.48 Of Special Note this week: As we head into the peak selling season for South Pasadena, which is mostly driven by the school schedule, an increase in volume and prices is expected, however, the stable situation seen coming out of the holidays has held, and with the slow holiday market taking downward pressure on prices, those buyers that have waited ...
Comments 0
By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Historic Ostrich Farm Lofts For Sale Market Update   This is a recap of market activity for Ostrich Farm Lofts in South Pasadena.  Living up to its name, the location was the original site of the first ostrich farm in the United States in the late 1800s.  It has been said that the original ostriches made the journey from their native South Africa to Texas before eventually arriving by train to what is now the Ostrich Farm Lofts. The property addresss is 1010 Sycamore Avenue near Pasadena Avenue.   Although the trip was not entirely successful, the surviving 18 ostriches at one point grew to over 100.  During the early 20th century, visitors could experience ostrich drawn carriage rides and buy ostrich related items at the factory store.  It later turned into a clothing...
Comments 14
In January of 2014 Trulia.com reported median homes sales prices fell 19.3% in South Pasadena, California between October 2014 to January 2015 to $764,500, from the previous quarter, and lower 0.4% from the same time in January of 2014.  An average home listing price in South Pasadena, California on Trulia gained 11.5% to $1,144,212 on January 28, 2015 from previous week, but down 1.8% from week ending on January 7, 2014. An average square foot for homes dropped 4.2% to $523 in January of 2015 from January of 2014 in South Pasadena, California.  For more complete detailed information about market trends at South Pasadena, California on January 07, 2015, please CLICK HERE
Comments 2
By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Lofts Condos Townhomes For Sale and Update 2.5.15   This is a recap of South Pasadena lofts, condominiums and townhomes for sale along with an update on recent market activity as of February 5, 2015.  All statistical information is from our local multiple listing service(mls) and may not include all activity in the marketplace.     Well-known for its character homes on tree-lined streets, South Pas, as it is often called by locals - there are also lofts, condominiums and townhomes in the city. Much more limited in number, they offer an alternative to those who desire a more carefree lifestyle while taking advantage of all that South Pasadena has to offer: Highly regarded schools, popular parks and recreation programs, a weekly Farmers Market, easy access to a Gold Line...
Comments 13
By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Homes For Sale and Market Update 2.5.15   This is an update of South Pasadena homes for sale and recent market activity. Statistical information in this report has been gathered from our local multiple listing service(mls)as of February 4, 2015 and may not include all transactions.      South Pas, as it is also known, is an independent city and not part of its larger neighbor - Pasadena. In South Pasadena you will find a setting that seems like a small town yet is close enough to big city conveniences.  Highly ranked schools(the district is currently in the top ten for the state of California), well-regarded library, outstanding parks and recreation programs plus unique dining and shopping options combine to enhance the neighborhood feel where parades and festivals are...
Comments 20
By Michael Jacobs, Pasadena And Southern California 818.516.4393
Super Bowl Sunday or Groundhog Day Eve?   We know that in real estate timing is very important.  Our CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) purchase agreement clearly states so -- time is of the essence.  Days and dates and specific times are very meaningful.   So, as I understand it, there is a big event today, Sunday February 1, 2015. While the New England Patriots meet the Seattle Seahawks in Glendale, Arizona for Super Bowl XLIX and canines will play in Puppy Bowl XI...today marks yet another reason to close up shop and stay off the roads in order to properly prepare for a big event:   Today is Groundhog Day Eve....   Little did I know such a momentous occasion would prompt a store closing up shop until I stopped by the UPS Store in South Pasadena at 1107 South Fair Oaks Avenu...
Comments 75
By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Altos de Monterey Homes for Sale and 2014 Update   This is a recap of 2014 sales for the Altos de Monterey neighborhood in South Pasadena.  Also known simply as The Altos, the neighborhood was first developed beginning in the 1960s to the 1980s.     It is much different than what is thought to be typically South Pasadena where you will find character style homes on tree-lined streets in what looks like a scene right out of quintessential Main Street USA.  Homes in this neighborhood cover the architectural gambit but are generally much more modern.     The setting is in the hills just south of Monterey Road and most of the street names are Spanish and many of the custom or semi-custom homes have some spectacular hillside, valley or city views.  Inside you will find home...
Comments 13
By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Homes For Sale and Market Update 2014     This is a summary of South Pasadena homes for sale and a real estate market update for sales in 2014 with a comparison to 2013 sales.      Statistical information presented in this report is from our local multiple listing service and may not include all transactions in the area.   South Pasadena is a separate city within the San Gabriel Valley of Los Angeles County.  It is well-known for its character homes on tree-lined streets which have made it a popular filming destination for its ability to “play” Small Town America.  Highly acclaimed public schools, popular parks and recreation programs, a well-regarded library and its convenient location boost the appeal of this city which was incorporated in 1888.      On and around Mi...
Comments 32
By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Condos Lofts Townhomes 2014 Real Estate Market Recap   This is a recap for the condominium, loft and townhome segment of the South Pasadena real estate market for 2014.   All statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all sales activity.   South Pasadena, fondly called “South Pas” by many of its residents, is a separate city within the San Gabriel Valley of Los Angeles County.   It is a separate city and not part of its larger and better known neighbor, Pasadena.   With its tree-lined streets and many character homes, it offers a small town appeal with big city conveniences.      Single family homes are the majority of the real estate market here but there are condos, lofts and townhomes for...
Comments 14
By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA No Award But Rose Parade Float is Still Winning     2015 is well underway and the Pasadena Tournament of Roses Parade(which is held each January 1) is definitely behind us. During December, I told you of the city of South Pasadena and the volunteers behind the city’s self-built float parade entry entitled “Still Winning”(see end of this report for links).   As I mentioned in those posts, the majority of the floats in this parade are built by professionals and sponsored by large corporations.      South Pasadena was one of seven in the parade that was self-built by enthusiastic and hard working volunteers. Although the float “Still Winning” was a popular one, there was no award given to it.   As I stopped by the South Pasadena War Memorial Building and the float buildin...
Comments 23
By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Petal Pushers And The So Pas Rose Parade Float 2015   Another visit to a location just behind the South Pasadena War Memorial Building revealed more progress on the city’s self-built float entry for the 126th Annual Tournament of Roses Parade on Thursday, January 1, 2015.   South Pasadena has the oldest self-built float in the parade(and one of only seven self-built floats in the parade out of 41 entries this year).      As I have written previously, the all-volunteer effort by South Pasadena(locally known as South Pas and not a part of the city of Pasadena) is just another effort by the city known for its small town appeal.      This year’s float is entitled “Still Winning” and is a part of the overall parade them “Inspiring Stories”.      South Pasadena’s entry was c...
Comments 20
By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Tournament of Roses Parade Float Update Jan 01, 2015   The countdown to January 1, 2015 is here and it will soon be time for the 126th Annual Tournament of Roses Parade(better known as the Rose Parade).   This is an update of the city of South Pasadena’s entry into the parade.  While most of the floats are professionally designed and built with corporate sponsorship, the city of South Pasadena is one of seven(and is the oldest) self-built floats in the parade.     Late Sunday evening, I stopped by the float building site to check on progress -- flowers have arrived and volunteers are busy working three shifts to make sure everything is in order for the five-and-one-half-mile trip down Colorado Boulevard this Thursday.   This year’s parade theme is “Inspiring Stories” a...
Comments 17
By Michael Jacobs, Pasadena And Southern California 818.516.4393
      South Pasadena CA Is Often A Stand In For Small Town America With its many tree-lined streets of character homes and interesting mix of small businesses, South Pasadena, California reminds many of an idyllic example of Small Town America.   So it makes sense that South Pas(as many  locals call their hometown) is often the choice to play Anywhere USA in movies, on television and in advertising.      It’s actually quite a common occurrence.   So you will see trucks with film crews often on city streets or behind businesses. Canopies on front lawns of homes are used for catering for cast and crew.   Lights - Cameras - Lots of Action   Maybe you will see, as a client of mine relocating from the East Coast, and ask why there were circa 1960 Boston police cars lined up by Garfield House...
Comments 25
By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena Tournament of Roses Parade 2015 Float "Still Winning"         On Thursday, January 1, 2015 hundreds of thousands of people on the streets of Pasadena along with millions of people worldwide watching on television will see floats, marching bands and equestrian units walk down Colorado Boulevard for the 126th Tournament of Roses Parade.      This week, I went to the site behind the Veteran's War Memorial on Fair Oaks Avenue where the float is being constructed to see progress for the float by the city of South Pasadena.     The city of South Pasadena has the oldest self-built float in the parade and one of only seven self-built out of the 41 floats in the parade this year.    Most of the floats are built by professional companies with corporate sponsorship. With its all vol...
Comments 28
Explore South Pasadena, CA
South Pasadena, CA Real Estate Professionals