As a real estate expert selling Pasadena homes, I love to take an in-depth look at the Pasadena housing market January 2022 versus the same month last year. It reflects how strong the Pasadena housing market remains. The median selling and average selling price have skyrocketed!
Price per square foot is not a good indicator of value unless comparing very similar homes. Last month the price per square foot of Pasadena homes varied greatly. A two-bedroom, two-bathroom 1255-square-foot home on Marguerita Lane sold for $1,077.29 per square foot. At the same time, a 2516 square foot home at 2735 Del Mar sold for just $422.10 per square foot.
Last month the least expensive home sold was a two-bedroom, one bathroom, 564 square foot home located at 1425 Howard St. selling for $565,000.
The most expensive Pasadena home sale in January 2022, was a seven-bedroom, seven-bathroom, 8,047 square foot home located at 1240 S. Grand Ave. selling for $8,350,000.
