Market Update

Pasadena

Q3 2024

Residential Property Snapshot

Single Family Homes & Condos | Q3 2024
Med. Sales Price
$1.44m
4% more than in
Q3 2023
Avg. Days On Market
30
11% more than in
Q3 2023
Closed Sales
776
1% fewer than in
Q3 2023
Inventory
995
83% more than in
Q3 2023

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 2024

Median Sales Price vs. Average Days on Market

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 Last 5 Years
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q3 2024

Rotate your device to view as table
'23 - '24
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
83%
New Listings
New Listings represents the number of properties listed during the quarter.
7%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
93%
Closed Sales
-1%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
11%

12 Communities

Communities

Altadena

Median
$1.41m
DOM
24
Sales
77
Inv
85

Arcadia

Median
$1.57m
DOM
39
Sales
106
Inv
159

Glendale

Median
$1.16m
DOM
26
Sales
168
Inv
227

La Canada Flintridge

Median
$2.8m
DOM
35
Sales
45
Inv
51

La Crescenta

Median
$1.47m
DOM
20
Sales
31
Inv
28

Montrose

Median
$769k
DOM
23
Sales
6
Inv
14

Pasadena (City)

Median
$1.24m
DOM
29
Sales
227
Inv
274

San Gabriel

Median
$1.18m
DOM
35
Sales
26
Inv
38

San Marino

Median
$3m
DOM
38
Sales
33
Inv
46

Sierra Madre

Median
$1.4m
DOM
25
Sales
27
Inv
28

South Pasadena

Median
$1.76m
DOM
24
Sales
32
Inv
46

Sparr Heights

Median
$1.44m
DOM
12
Sales
3
Inv
4

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Data provided by Greater Palm Springs MLS (California Desert Association of Realtor), Bay East Association of REALTORS/Bridge MLS, The MLS (Combined LA/Westside MLS), California Regional MLS, MLS Listings Inc, and San Diego MLS. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Sep 30, 2024 end of day. This report was last updated Oct 3, 2024.

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