South Pasadena Housing Market Report – April 2026
Here's a look at how the South Pasadena, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 12
- Median Sale Price: $1,960,000
- Average Sale Price: $2,055,650
- Average Price Per Sq Ft: $1,018
- Average Days on Market: 45
- Sale-to-List Price Ratio: 110.5%
Month-Over-Month Trends
Compared to March, the median sale price in South Pasadena moved 11.5% up (from $1,758,500 to $1,960,000). The number of homes sold was 0.0% down compared to the prior month (12 vs. 12). Average days on market shifted 31.8% down (66 days to 45 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 2.3% up (from $1,915,000 to $1,960,000). Sales volume is 7.7% down year-over-year.
What This Means
South Pasadena's April market is showing some interesting crosscurrents. The median price jumped 11.5% month-over-month to nearly $1.96 million, which sounds bullish at first—but that's actually a fairly typical spring seasonal bounce as nicer weather brings more motivated sellers and buyers off the sidelines. What's more telling is the year-over-year comparison: prices are up just 2.3%, suggesting the market remains relatively flat compared to last year. The real positive signal here is speed. Homes are selling 31.8% faster than in March, dropping from 66 days to 45 days on market, and they're consistently closing above asking at a 110.5% ratio. That indicates buyers are still competing for the right properties, even if inventory feels plentiful.
Speaking of inventory, the 48 active listings represent solid supply for a South Pasadena this size, which explains why buyers have negotiating power they might not have had in previous years. The gap between active listing prices and actual sales prices is notable—homes are asking around $1.48 million but selling closer to $1.96 million, suggesting either strategic low-balling by sellers or genuine quality differences in what's actually moving. Sales volume stayed flat month-over-month while dipping 7.7% year-over-year, suggesting the market is steady but not particularly hot. For buyers, this is a relatively balanced moment; for sellers, timing and pricing remain crucial.
South Pasadena Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91030 | 12 | $1,960,000 | $1,018 | 45 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 9 | $2,450,134 | $1,076 |
| CONDOS | 1 | $675,000 | $664 |
| MULTI_FAMILY | 1 | $2,000,000 | N/A |
| TOWNHOMES | 1 | $1,430,000 | $842 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 1 |
| $750K+ | 11 |
Current Active Listings
As of this report, there are 48 active listings in South Pasadena with a median asking price of $1,481,500 and an average of 100 days on market.
Thinking About Selling Your South Pasadena Home?
If you're a homeowner in South Pasadena considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in South Pasadena and throughout Los Angeles County — get a no-obligation cash offer today.
