Pasadena Real Estate Market June 2023, let’s look at the last month’s changes. The number of homes sold last month went up slightly. The days on the market were longer, and average and median sales prices increased. Out of the fifty-four homes sold last month, thirty-one homes sold for over the asking price, three at asking, and twenty below asking.
Last month, the least expensive home sold in Pasadena was a one-bedroom, one-bathroom, 462 square foot located at 100 Palmetto Dr., initially listed for $619,000 and sold in over two months for $610,000. The most expensive home sold was a four-bedroom, six-bathroom, 6,391 square foot located at 777 S. Oak Knoll Ave. This stunning estate was initially listed for $6,750,000 and sold in just twelve days for $7,751,500.
Let’s take a closer look at the average price per foot for Pasadena real estate. On the low end, 100 Palmetto Drive #12 sold for $1,320.35 per foot. This charming craftsman cottage noted above was sited on a 1,520 square foot lot. On the high end was 853 Chapea Rd. selling for $353.09 per foot. This is a 6,514-square-foot estate sited on over one acre. Note that the average price per square foot is only useful when comparing apples to apples.
