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Pasadena, CA Real Estate News

By Michael Jacobs, Pasadena And Southern California 818.516.4393
Old Pasadena Becomes BoldPas On Saturday, August 12, 2017 from noon until 8PM, there was a takeover of sorts in Pasadena.  BoldPas was held along the historic pedestrian alleyways and streets of the 22 blocks in the Old Pasadena shopping, dining and entertainment district.       Bold and bright colors were clearly evident during the free temporary art installation.  Despite the heat and humidity, whimsy was definitely on display at the one day event as were abundant selfies.   Many of the pieces invited interaction.   Local and regional artists were in attendance to share their creativity and to answer questions.   This was an event that embraced art in many different forms and it certainly looked like a fun time for all.  Some Old Pas merchants participated too with creative art stops....
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In August of 2017, California associations of Realtors (C.A.R) reported that nationwide median list price for a home was $895,000 in Pasadena, California in June of 2017 lower from $1,136,000 in May of 2017, and declined from $951,000 in June of 2016. The average price per sq-feet of a home was $541.00 in June of 2017 down from $555.00 in May of 2017, and dropped from $575.00 in June of 2016, in Pasadena, California.Homes averaged 35.0 days in the market in June of 2017 up from 33.5 days in May of 2017, and gained from 28.0 days in June of 2016. While, an average there were 3.1 months inventory of homes available in the market in June of 2017 higher from 2.7 months in May of 2017, and rose from 2.7 months in June of 2016, in Pasadena, California according to C.A.R in August of 2017.For ...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Are You Looking For A Cool Mid Century Modern Condo in Pasadena? Villa San Pasqual at 1000 San Pasqual Street Pasadena This is a real estate market activity report for Villa San Pasqual, a mid-century modern condo complex located at 1000 San Pasqual Street in Pasadena.  Situated on a leafy tree-lined street, the 58 single level condos were built in the mid-1950s.   Actually, there are three different complexes(three different homeowner associations) but for purposes of this report, the information is combined. In this report I will share information of activity so far in 2017 as well as a recap of closed sales for the previous five years.  Statistical data included here has been gathered from our local multiple listing service(mls) and may not reflect all transactions in this Pasadena m...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Somerset House Condos Pasadena 91106211 South Wilson Avenue This is a real estate market activity report for the Somerset House condos located at 211 South Wilson Avenue in the South Lake Avenue area neighborhood in Pasadena.  In this report I will share information regarding the complex, its location as well as real estate activity so far in 2017 and sales for the previous four 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. Somerset House was built in 1965 and consists of 30 single level floor plans ranging in size from one bedroom/one bath to three bedrooms/three baths with approximate square footages from about 800 to nearly 1500.  The professionally managed gated comp...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Historic Charm At The Barcelona Condos in Pasadena85 North Madison Avenue Pasadena 91101 This is a real estate market activity report for The Barcelona condominium complex.   I am sharing activity in the complex so far in 2017 along with a recap of closed transactions for the previous four years.  Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the historic Pasadena condo complex The Barcelona is located at 85 North Madison Avenue (northwest corner of Union Street) in the Pasadena Playhouse District not far from Pasadena City Hall.  Formerly own-your-own apartments and now condominiums, the building is on the National Register of Historic Places.    Enter the circa 1922 building through a contr...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Pasadena Casa California Condos 382 East California Boulevard This is a real estate market activity report market for the Casa California condominium complex located at 382 East California Boulevard in the Madison Heights neighborhood of Pasadena 91106.   In this report I will share information regarding units currently available for sale and activity so far this year as well as a recap of sales for the previous five 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. Casa California was built in 1973 as apartments and later converted(in the 1980s) to condominiums.  There are 24 one level condominium units with two or three bedrooms each with two baths.  The units are quite ...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Where is Pasadena Millionaire’s Row? A Market Report For Pasadena Millionaire’s Row AKA The South Orange Grove Boulevard Corridor  This is a real estate market activity report for the condos and townhomes along Millionaire’s Row in Pasadena which is also known as the South Orange Grove Boulevard corridor.   In this report I will share sales information for July and the first seven months of 2017 as well as a recap of units sold in the same time periods for the previous two years.   Additionally, I will share information of condos and townhomes currently on the market for sale and in escrow. All statistical information has been gathered from our local multiple listing service(mls) and may not include all transactions in the neighborhood.   Where is Pasadena Millionaire’s Row?    For this...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Pasadena Madison Heights Neighborhood  Mid-Year 2017 Market ReportHomes and Condos/Townhomes This is a real estate market activity report for the Madison Heights neighborhood in Pasadena.  This report is divided into two parts:  homes and condos/townhomes.  I will share information regarding properties sale along with those in escrow and sold in the first six months of 2017   Additionally, I will recap sales data for the same January through June time period for the previous two years.  All statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the neighborhood.   It is from sources deemed reliable but is not guaranteed.  According to the Madison Heights neighborhood website the boundaries are Lake, E...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Vromans of Pasadena: Author SigningsThose of you who read my post on a consistent basis, know that, Diane and I love Independent Bookstores and we support them financially and in more ways than just by buying books. Today, Diane and I decided to play and ‘take part the day off,’ by going to our favorite Independent Bookstore.Of course we came with my Assistant, he loves Vromans as well and probably more than us and he probably gets more recognition and complements than anywhere else we go with him. Today was no different: “oh he is so cute”, “really cannot believe he is 14.5 years old” “what breed is he? well he is a Rescue breed” anyway I am digressing… As we took my assistant in the elevator, since the stairs would be too strenuous for him ( we do not want to make his life harder and ...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Orange Grove Village Townhomes in Pasadena 91103 A Particularly Active Year For Real Estate Sales So FarThis is a market activity report for the Orange Grove Village townhome complex in the city of Pasadena zip code 91103.  The vast amount of land for the complex, a little bit more than ten acres, is a rare find in this city where land is at a premium. Even when it was built in 1975, I have heard stories of waiting lines to purchase when the townhome complex initially started selling. The popularity of the complex which was built by Cantwell Anderson is possibly even stronger today.   There are 122 residences in both single and two level floor plans.   The units feature two or three bedrooms with a private two car garage which is accessed via an enclosed patio area.   The extensive grou...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Lower Hastings Ranch Pasadena Neighborhood Mid-Year 2017 Market Report 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 six months of 2017 as well as a comparison of transactions for the same 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. The Hastings Ranch neighborhood consists of Lower Hastings Ranch, Upper Hastings Ranch and Hastings Heights.   This report showcases Lower Hastings Ranch.   For purposes of this report, Lower Hastings Ranch area covers the area ...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Upper Hastings Ranch Pasadena Neighborhood It's Not Christmas In July But It's A Mid-Year 2017 Market Report   Despite the photos, it’s not Christmas in July but 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 six months of 2017 along with a comparison of closed transactions for the same period in the previous four years.    Additionally, I am including a recap of homes currently available 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. The Hastings Ranch neighborhood consists of Lower Hastings Ranch, Upper Hastings Ranch and Hastings Heights.   T...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Historic Highlands Neighborhood in Pasadena A Look At The Real Estate Market At Mid-Year 2017 This is a real estate market activity report for the Historic Highlands neighborhood in Pasadena.   In this report I will share information of sales for the first half 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 transactions. The Historic Highlands neighborhood consists of approximately 715 per the community website and was formed in the 1990s. In 2008 it became a Historic Landmark District.  Generally, the neighborhood boundaries...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Bungalow Heaven Landmark District in PasadenaMid-Year 2017 Real Estate Market Report 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 six 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 styles e...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Brigden Ranch Neighborhood in Pasadena A Look At Mid-Year 2017 Market Activity This is a real estate market activity report for the Brigden Ranch neighborhood in Northeast Pasadena zip code 91104.  In this report I will share sales information for the first six months of 2017 along with a comparison of closed transactions in the same time period for the previous three years.   In addition I am including a recap of homes on the market for sale as well as those in escrow.   The statistical information has been gathered from our local multiple listing service(mls) and may not reflect all transactions in the neighborhood.  The boundaries I am using for this report extend beyond the traditional borders, are Galbreth Road on the north including the cul-de-sac streets of Eastlyn and Westlyn Pl...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Washington Square Pasadena Landmark District Mid-Year 2017 Real Estate Market Update 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 half of 2017 with a comparison of the same period in the previous four 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 representing a variety of architectural styles on pretty tree-lined streets.  The Northeast Pasadena location has relatively ...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Daisy Villa Pasadena NeighborhoodMid-Year 2017 Market ReviewThis is a real estate market activity report for the Daisy Villa neighborhood in Northeast Pasadena 91107.   In this report I will share sales information for the first six months of 2017 along with a comparison of closed transactions for the same time period from the previous three years.   In addition I am including a recap of Daisy Villa homes currently for sale and in escrow. Statistical information has been gathered from our local multiple listing service(mls) and may not reflect all transactions in the neighborhood.   For purposes of this report, I am using the following boundaries for Daisy Villa which extend a bit beyond the usual borders:  the Foothill Freeway as its southern border, the Eaton Wash as the eastern bound...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Chapman Woods Pasadena Neighborhood Mid Year Real Estate Market Review  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 six months of 2017 along with a recap of sales for that same period over the previous three 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 County with a Pasadena address(zip c...
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In July of 2017, Trulia.com reported median homes sales gained 9.0% to $772,500 between April 6, 2017 to July 5, 2017 from the previous quarter of $710,000, and rose 5.7% from the price of $731,000 same time a year ago in 2016, in Pasadena, California.An average square foot for homes jumped 8.0% to $512 through June 7, 2017 from $555 same time a year ago in 2016 in Pasadena, California.For more complete detailed information about latest home sales market report for Pasadena, California, please CLICK HERE
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Condos and Lofts in Old Pasadena Neighborhood A Mid-Year 2017 Real Estate UpdateThis is a real estate market activity report for the condos and lofts in the Old Pasadena neighborhood.   In this report I will share a recap of units for sale, in escrow and sold in the first six months of 2017 with a comparison to the same period in the previous three years.  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 which is also known as Old Pas.   Old Pasadena offers a more urban lifestyle 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 abun...
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