Let’s dive into the Pasadena real estate market for February 2024. Twenty-seven of the forty-eight homes sold over their asking price. Five at the asking price and sixteen under their asking price. A four-bedroom home at 2709 San Marcos Dr. sold for $452.72 per foot. A four-bedroom, four-bathroom at 1415 Wicks Rd. sold for $1,306.41 per foot.
Last month, the lowest-priced home sold in Pasadena was a two-bedroom, one-bathroom, 672-square-foot home at 1313 N. Oxford Ave. This property sold off-market for $639,000, one of four Pasadena homes selling off-market. A home on Garfias Drive took 218 days to sell. Another home on Madison Avenue took 228 days to sell.
It’s important to work with an experienced Pasadena real estate agent. Otherwise, how else are you going to decide how much to offer? A home on E. Mountain listed at $1,450,000 sold in eight days for $1,833,438. Another home on East Orange Grove listed at $1,299,000 sold in 13 days for $1,634,870.
The most expensive piece of Pasadena real estate sold in February 2024 was a five-bedroom, eight-bathroom, 6,223-square-foot home at 888 Hillcrest Pl. Initially listed for $5,380,000, it sold in one week to a cash buyer for $6,055,000.
