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Your Guide to

Home Ownership

Jon Watts Presents a39QVt3u7EwVUZQ

Knowledge, Experience, Professionalism

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BUYER BRIEFING Pasadena, CA
Pasadena, CA Market Analysis

Why now is a smart time to buy in Pasadena, CA.

Single-family inventory is tightening and the market is firmly in seller territory — but prices have pulled back from their peak, giving buyers a rare entry window before competition intensifies further.

Median Price

Midpoint listing price across the market. The key benchmark for overall market value and tracking price trends over time.
Median Price Single Family (Sep 2025 – Aug 2026)
Median Price Single Family (Sep 2025 – Aug 2026) in PASADENA, CA — latest: $1.7M (Aug 2026)
Price & Value
Counts & Metrics
Percentages
CTRL+Click to display two data sets
Data provided by Altos
Median Price: Midpoint listing price across the market. The key benchmark for overall market value and tracking price trends over time.
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Median List Price
$1.68M
Down from $1.82M a year ago (-7.7% YoY) and off the $1.75M April peak — prices have softened, giving buyers real savings vs. recent highs.
Months of Inventory
1.65 mo
Just 1.65 months of supply — deep seller's market territory. Down from 2.08 mo a year ago, meaning choices are shrinking fast. Act before they do.
Market Action Index
45.42
At 45.42, well above the 30-point seller threshold, and up from 40.05 a year ago. Competitive pressure is rising — waiting means fighting more buyers.
Days on Market
42 days
Median DOM at 42 days, down sharply from 77 days in Jan/Feb 2026 — homes are selling faster each month. The window to negotiate is closing quickly.
What This Means

Prices Are Down — But the Window Is Closing

Pasadena homes are $145K off their September 2025 peak, which is as good an entry point as you'll find in this market. With only 1.65 months of supply and a Market Action Index of 45, competition is real and rising. Buy now while sellers are still negotiable.

Honest Caveats

27% of single-family listings have taken a price cut — sellers are still adjusting expectations, which means a well-structured offer below ask has real legs right now. Don't feel pressured to overbid; the data supports measured negotiation on select homes.

See homes for sale in Pasadena, CA
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Jon Watts
Real Estate Agent
jonwatts22@gmail.com (234) 447-777
Source: September 2025 - September 2026 Market Data
Updated September 12, 2026