Is the market was slowing down? Well no one told Pasadena. From 1/1/2022 to 5/31/2022, 360 properties sold with an average sales price of $1,395,000. Homes sold in the price bracket had an average of 3 bedrooms, 2 baths with around 1765 sqft of living area. Age of homes were about 1940 circa.
For the same time in 2021, #362 properties Sold with an average sale price of
$1,225,000.00 with about the same stats as mentioned above.
Currently there is 115 properties on the market with the same stats as mentioned above. However, a huge difference is, the sale price has jumped to $1,600,000 million.