Pasadena Market Update | Q4 2015

SPANISH COLONIAL REVIVAL MASTERPIECE

Market Highlights

In the fourth quarter of 2015, four of the five areas covered in this market report enjoyed a steady increase in their average selling price, according to the Pasadena Foothills Association of Realtors ITEC Multiple Listing Service.

  • The average selling price in Pasadena reached just over $1 million representing a 54% gain from five years ago.
  • The number of units sold in the fourth quarter of 2015 vs. 2014 increased in four of the five areas covered in this report.
  • San Marino, which experienced a 33% increase in units sold from 24 to 32, and Altadena, which also stood out with a 14.9% increase from prior year.

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Property Spotlight

Enjoy a selection of properties now available in Pasadena.

PLAYHOUSE DISTRICT - AN URBAN OASIS

Playhouse District – An Urban Oasis

In the heart of Pasadena’s Playhouse District, a stunning three-bedroom, four-bath condo located at the highly coveted Granada Court.

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GRANDA COURT TOWNHOUSE

Granda Court Townhouse

Granada Court draws on Wallace Neff’s timeless, romantic architecture – an inspired vision that brings Old World sensibilities to California lifestyles.

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