Pasadena Housing Market Report – June 2026
Here's a look at how the Pasadena, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 124
- Median Sale Price: $1,300,000
- Average Sale Price: $1,721,120
- Average Price Per Sq Ft: $828
- Average Days on Market: 58
- Sale-to-List Price Ratio: 102.8%
Month-Over-Month Trends
Compared to May, the median sale price in Pasadena moved 4.4% down (from $1,360,000 to $1,300,000). The number of homes sold was 20.4% up compared to the prior month (103 vs. 124). Average days on market shifted 13.4% down (67 days to 58 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 5.5% down (from $1,375,000 to $1,300,000). Sales volume is 0.0% down year-over-year.
What This Means
Pasadena's real estate market is showing mixed signals this June, with buyers regaining some negotiating power even as inventory remains elevated. While home sales jumped 20% month-over-month to 124 units, this uptick likely reflects improved data collection rather than a genuine surge in buyer activity. More telling is the median price, which dipped 4.4% from May and sits 5.5% below last June at $1.3 million. Properties are also moving faster, spending an average of 58 days on market compared to 67 days in May, suggesting sellers are becoming more motivated as competition intensifies.
The gap between median and average sale prices (roughly $420,000) hints at a bifurcated market where ultra-premium properties are skewing averages upward. Perhaps most notably, homes are selling at 102.8% of list price—a modest premium that suggests we're past the height of bidding wars. With 443 active listings on the market at a median asking price of $1.249 million, Pasadena has shifted decisively in favor of buyers compared to the frenzied conditions of recent years. This cooling aligns with broader Southern California trends as higher mortgage rates continue to weigh on purchasing power.
Pasadena Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91104 | 26 | $1,320,000 | $900 | 46 |
| 91107 | 26 | $1,540,000 | $853 | 53 |
| 91106 | 22 | $932,500 | $824 | 79 |
| 91105 | 19 | $1,600,000 | $853 | 65 |
| 91101 | 17 | $800,000 | $674 | 52 |
| 91103 | 14 | $1,116,500 | $808 | 54 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 74 | $1,479,515 | $929 |
| CONDOS | 29 | $665,000 | $665 |
| CONDO | 6 | $542,500 | $595 |
| MULTI_FAMILY | 5 | $2,430,180 | $312 |
| TOWNHOMES | 5 | $965,000 | $685 |
| OTHER | 3 | $4,600,000 | $818 |
| LAND | 2 | $686,500 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 2 |
| $400K - $499K | 3 |
| $500K - $749K | 23 |
| $750K+ | 96 |
Current Active Listings
As of this report, there are 443 active listings in Pasadena with a median asking price of $1,249,000 and an average of 76 days on market.
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