Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
Yes, if you negotiate. Buyers have the upper hand in Pasadena right now.
You have the upper hand in Pasadena. Most homes for sale still have no buyer. Sellers are competing for you. Use it.
Only 41 out of every 100 homes for sale have found a buyer. The other 59 are still waiting. Your offer may be the only one on the table. Few sellers are dropping their price. Asking prices are holding firm. Your discount will come from one stale listing, not from the whole market.
A typical Pasadena home takes 43 days to find a buyer. Half of them take even longer. That is 11% faster than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago. There are 271 homes for sale in Pasadena. That is 2.5 times the tightest month on record, but below the peak of 346. Supply is growing against last year.
Asking prices are 17.7% below their Mar 2022 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. Pasadena prices have risen in 92 of the last 108 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
There is no rush. Prices are still coming down. Watch the homes you like. Come back after they cut. Let the seller move first.
Yes, if you negotiate. Buyers have the upper hand in Pasadena right now. 0.41 out of every 100 homes for sale have a buyer, 14% of sellers have cut their price, and a typical home takes 43 days to sell.
Asking prices are 17.7% below their Mar 2022 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.
+2.7%/yr. 1 year: -4.3% · 5 years: +2.7% · ten years: +3.9%. The five-year and ten-year rates agree. That is a durable trend, not a boom artifact. It is a fair long-run input. Measure growth per square foot. Pasadena median list price grew 1.9% a year, but price per square foot grew 3.9%. The gap is smaller homes, not weaker growth. The house you buy will not shrink. The one-year rate is a timing signal. It is not an underwriting input.
A typical Pasadena home takes 43 days to find a buyer. Half of them take even longer. That is 11% faster than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago.
91101. Only 28 out of 100 homes there have a buyer, 19% have cut their price, and a typical home takes 47 days to sell.
Where it isn't: 91107 ranks #3,767 in the country for buyer demand. Expect the least room to negotiate there.
ZIP 91101 is on both lists. That is rare. It is the one place in Pasadena where leverage and growth overlap.
| ZIP | $/sqft, 2 yrs | $/sqft now | Buyers per home | For sale |
|---|---|---|---|---|
| 91101 | +12.1% | $779 | 0.28 | 64 |
| 91107 | -0.5% | $751 | 0.52 | 55 |
| 91104 | -1.3% | $836 | 0.70 | 29 |
| 91105 | -1.6% | $862 | 0.43 | 48 |
| 91106 | -6.8% | $665 | 0.28 | 49 |
Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.
Closest matches on asking price, price per square foot, days to sell, buyer demand, and price cuts.
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