Pasadena Housing Market Report – July 2026
Here's a look at how the Pasadena, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 169
- Median Sale Price: $1,758,500
- Average Sale Price: $7,750,348
- Average Price Per Sq Ft: $9,480
- Average Days on Market: 71
- Sale-to-List Price Ratio: 101.1%
Month-Over-Month Trends
Compared to June, the median sale price in Pasadena moved 35.3% up (from $1,300,000 to $1,758,500). The number of homes sold was 37.4% up compared to the prior month (123 vs. 169). Average days on market shifted 22.4% up (58 days to 71 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 31.2% up (from $1,340,000 to $1,758,500). Sales volume is 42.0% up year-over-year.
What This Means
Pasadena's housing market is showing real strength in July 2026, with median prices climbing 35% month-over-month to $1.76 million. While the sharp jump in sales volume is partially attributable to improved data collection from earlier this year, the underlying price trends tell a more authentic story: buyers are willing to pay above asking, with the sale-to-list ratio hitting 101.1%. This suggests sustained demand for Pasadena's desirable neighborhoods despite the steeper price point.
What's particularly notable is how quickly homes are moving despite the higher price environment. At 71 days on market, inventory is turning faster than the current listing average of 75 days, indicating that well-positioned properties are finding buyers relatively quickly. The year-over-year median price growth of 31% signals this isn't just seasonal summer activity but rather a fundamental shift in buyer appetite for the area.
The inventory picture remains balanced with 479 active listings, offering buyers reasonable selection. However, the median asking price of $1.2 million versus the median sold price of $1.76 million suggests a significant portion of this inventory may be priced below market expectations. Sellers with realistic pricing should see success, though those anchored to outdated valuations may face longer holding periods.
Pasadena Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91101 | 70 | $22,000,000 | $21,359 | 67 |
| 91107 | 32 | $1,217,875 | $880 | 74 |
| 91105 | 22 | $1,829,250 | $866 | 73 |
| 91104 | 21 | $1,300,000 | $783 | 54 |
| 91106 | 15 | $2,244,500 | $716 | 98 |
| 91103 | 9 | $1,280,000 | $704 | 58 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 60 | $1,650,000 | $894 |
| CONDO | 54 | $22,000,000 | $27,503 |
| CONDOS | 39 | $758,000 | $649 |
| MULTI_FAMILY | 7 | $1,325,000 | $421 |
| TOWNHOMES | 5 | $970,000 | $648 |
| OTHER | 4 | $2,247,250 | $1,167 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $400K - $499K | 7 |
| $500K - $749K | 16 |
| $750K+ | 146 |
Current Active Listings
As of this report, there are 479 active listings in Pasadena with a median asking price of $1,199,900 and an average of 75 days on market.
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