Pasadena’s housing market has strengthened modestly over the past year in this rolling three-month view. Typical home values are up nearly 7 percent year over year, while the median list price has risen a similar amount. Even with prices higher, homes sold have inched up compared with a year ago, showing that demand is holding.
Looking at the latest three-month period ending in September 2026, prices and activity reflect this steady demand. The typical home value sits around $262,000, with homes spending a median of 34 days on the market, down about 13 percent from a year earlier, which indicates faster-moving sales. Inventory has tightened as months of supply dropped sharply year over year to 3.7 months, reinforcing Pasadena’s seller’s market conditions.
Listing and contract trends round out the picture of a market where buyers and sellers are still actively engaging. New listings are up nearly 5 percent and pending sales are more than 3 percent higher than last year, keeping transactions flowing even as active listings edge slightly lower. About 15 percent of homes are selling above list price and the average sale-to-list ratio hovers around 97 percent, suggesting sellers have reasonable pricing power while buyers still secure modest discounts. In a market with rising prices, quicker sales, and limited supply, Agent Pronto can connect both buyers and sellers with an agent who knows how to navigate Pasadena’s conditions today.
