Let’s examine the Pasadena real estate market for February 2025. Forty-five homes sold last month, quite an increase from January’s twenty-eight. Twenty-eight of the homes sold last month sold for over asking, five sold at their asking price, and twelve sold for less. Let’s dive into how much the cost per square foot can vary. For instance, a three-bedroom, one-bathroom home at 1000 N. Marengo Ave., sold for $596.26 per square foot. Meanwhile, a four-bedroom, five-bathroom home at 895 Hillcrest Ave., sold for $1341.71 per square foot.
Last month, the least expensive sale in Pasadena was a two-bedroom, two-bathroom, 1,236-square-foot home at 894 N. Summit Ave. This property was listed for $599,000 and sold for $700,000 in twenty days. The most expensive home sold was a six-bedroom, six-bathroom, 6,002-square-foot home at 1484 Rutherford Drive. It was listed for $5,995,000 and sold in twenty-four for over asking, $6,200,000.
Keeping abreast of the Pasadena real estate market for February 2025 is fascinating! Two Pasadena homes sold off market (without multiple listing submission): 1745 E. Mountain sold off market for $1,825,000, and 707 S. Oakland sold for $1,850,000. Sixteen homes sold in less than fifteen days, and three homes took over one hundred days to sell: A six-bedroom home on Howard sold 95.12% of the asking price, and a home on Medford sold for 98.73% of the asking price. A home on Hartwood Drive sold for 93.02% of the asking price.
A three-bedroom, two-bath home on Whitefield Road was listed at $949,000 and sold for $1,270,000. For buyers and sellers to be competitive in this current environment, it’s critical to work with a top Pasadena real estate agent.
