Pasadena Housing Market Report – March 2026
Here's a look at how the Pasadena, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 81
- Median Sale Price: $1,250,000
- Average Sale Price: $1,508,939
- Average Price Per Sq Ft: $843
- Average Days on Market: 67
- Sale-to-List Price Ratio: 103.4%
Month-Over-Month Trends
Compared to February, the median sale price in Pasadena moved 5.7% down (from $1,325,000 to $1,250,000). The number of homes sold was 30.6% up compared to the prior month (62 vs. 81). Average days on market shifted 19.3% down (83 days to 67 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 0.4% up (from $1,245,000 to $1,250,000). Sales volume is 22.9% down year-over-year.
What This Means
Pasadena's March market is showing the classic spring bounce, but with some interesting mixed signals beneath the surface. Sales volume jumped 31% from February, which is textbook seasonal behavior as buyers emerge from winter hibernation and sellers list their homes. However, that month-over-month median price dip of 5.7% suggests the market added more moderately-priced inventory rather than attracting wealthy move-ups. The slight year-over-year price gain of just 0.4% tells us we're essentially flat compared to last March, which points to a market that's stabilized rather than appreciating.
What's really encouraging is how quickly homes are moving. Days on market dropped from 83 to 67, and that 103.4% sale-to-list ratio indicates buyers are still willing to pay above asking in competitive situations. Single-family homes dominate the sales mix, and with 322 active listings on the market, there's finally some meaningful inventory for choosy buyers to work with. The near-parity between median asking prices and median sale prices suggests we've hit an equilibrium point where pricing is realistic.
For sellers, timing looks solid right now. For buyers, the expanded selection and faster negotiation timelines mean you're not completely at the market's mercy like you might have been a few years ago.
Pasadena Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91104 | 22 | $1,250,000 | $890 | 49 |
| 91107 | 19 | $1,675,000 | $844 | 69 |
| 91103 | 12 | $1,165,000 | $943 | 51 |
| 91105 | 10 | $1,652,500 | $862 | 99 |
| 91101 | 9 | $1,050,000 | $750 | 96 |
| 91106 | 8 | $715,000 | $646 | 65 |
| 91108 | 1 | $3,150,000 | $781 | 25 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 51 | $1,675,000 | $925 |
| CONDOS | 16 | $858,000 | $717 |
| TOWNHOMES | 6 | $727,500 | $599 |
| MULTI_FAMILY | 4 | $1,257,500 | $733 |
| CONDO | 3 | $680,000 | $691 |
| LAND | 1 | $1,300,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $400K - $499K | 1 |
| $500K - $749K | 13 |
| $750K+ | 67 |
Current Active Listings
As of this report, there are 322 active listings in Pasadena with a median asking price of $1,251,500 and an average of 74 days on market.
Thinking About Selling Your Pasadena Home?
If you're a homeowner in 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 Pasadena and throughout the Central Valley — get a no-obligation cash offer today.