March 2024 Real Estate Report

Homes For Sale
185 Total
Homes For Sale
Homes added
95 Homes
Added to the Market
Homes For Sale
69 Homes
Sold
Compared to Previous Month
61%
More Homes For Sale
home chart
-1%
Fewer Homes Sold
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Last month in March, housing in Pasadena, CA ended with 95 homes being added to the market for sale, for a cumulative monthly total of 185 homes for sale - up 61% compared to February. Pasadena, CA had a total of 69 homes sold for the month - down -1% from the month prior.

Detached led the way in homes sold with a total of 37 - down -27%, while attached totaled 32 in closed sales - up 28% from the month of February. The number of detached properties sold under 1500 square feet totaled 15 for the month of March, while homes from 1500 to 2000 square feet recorded 6 sales and homes sized from 2000 to 2500 square feet had 5 sales. While homes from 2500 to 3000 square feet square feet recorded 6 homes sold and homes from 3000 to 3500 square feet had 2 sales, homes from 4000 to 4500 square feet had 1 sales. Homes from 4500 to 5000 square feet had 1 sales. The following ranges for detached homes all had no sales: 3500 to 4000, over 5500.

The number of attached homes sold under 1500 square feet numbered 21, attached homes in the square feet range of 1500 to 2000 recorded 8 sales and attached properties from 2000 to 2500 square feet had a total of 1 homes sold. Attached properties from 2500 to 3000 square feet had a total of 1 homes sold and attached properties from 4000 to 4500 square feet had a total of 1 homes sold. The following ranges for attached homes all had no sales: 3000 to 3500, 3500 to 4000, 4500 to 5000, over 5500.


When are the most homes sold in Pasadena, CA?
September:
102 Homes Sold
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The last 12 month period for the city of Pasadena, CA shows that the greatest number of homes were sold during the months of May 2023, June 2023 and September 2023. The months of May 2023, June 2023 and September 2023 had 97 - 96 and 102 homes sold, respectively, as compared to an average of 78 for the other months of the year.

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When do homes sell the fastest in Pasadena, CA?
July:
20 Days On Market
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The last 12 month period for the city of Pasadena, CA shows that homes sold the fastest during the months of July 2023, November 2023 and February 2024. The months of July 2023, November 2023 and February 2024 had 20 - 21 and 23 days on market, respectively, as compared to an average of 30 for the other months of the year.


Average Price Of Homes Sold In Pasadena, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Pasadena, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Pasadena, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024607069 - - - - - - - - - 199
202366529476979684921028373911006
2022102971241411431551171168710387651337
202196981331571551771341251591211331271615
20208110410070651051341031111551341411303
201964721081121231341391301131321361121375
2018638711913114515213814593126971021398
201777106123113149161150175122108104981486
Average Days On Market (DOM) In Pasadena, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024352326 - - - - - - - - - 28
202334423337293620232830213030
202227362116152418252822343325
202137283233322428262827243530
202052553639433935353129393239
201949454338403739374144414742
201849313134343336353535344636
201751483842403225363831323037
Average Days From List To Close Of Escrow In Pasadena, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024777165 - - - - - - - - - 71
202386927670657361657162626971
202272825860527170626861767567
202174747674656662607466607269
202097847985737272666672787076
201986877577696773698479969380
201895846766666964687477638173
201791837467698066746971656673
Number of homes added to the market in Pasadena, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202488495 - - - - - - - - - 187
2023102899710813011112011212210389411224
202212212113715514314010310111910175531370
2021126129150165139151150143111151103711589
2020851229171125124130137140173121751394
20191219910915814813712212312013185441397
20181071251351621521501249311411974571412
201712711116213117412813711911511278461440