South Pasadena Housing Market Report – June 2026
Here's a look at how the South Pasadena, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 14
- Median Sale Price: $1,915,000
- Average Sale Price: $2,673,798
- Average Price Per Sq Ft: $972
- Average Days on Market: 50
- Sale-to-List Price Ratio: 107.2%
Month-Over-Month Trends
Compared to May, the median sale price in South Pasadena moved 3.6% up (from $1,849,000 to $1,915,000). The number of homes sold was 36.4% down compared to the prior month (22 vs. 14). Average days on market shifted 7.4% down (54 days to 50 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 16.1% up (from $1,650,000 to $1,915,000). Sales volume is 22.2% down year-over-year.
What This Means
South Pasadena's housing market is showing resilience despite a notable slowdown in sales activity this month. While the median price climbed 3.6% to $1.915 million—and sits 16.1% above last year—the number of homes sold dropped sharply to just 14 units. This decline appears partly seasonal as June typically sees summer movement patterns shift, but it's also worth noting that the year-over-year volume decrease of 22.2% suggests some cooling in demand. What's encouraging is that homes are still commanding a 107.2% sale-to-list ratio and spending just 50 days on the market, indicating strong buyer interest for well-positioned properties.
The disconnect between these healthy metrics and the lower sales count points to a tightening supply-demand dynamic. With 60 active listings sitting at a median asking price of $1.665 million—roughly $250,000 below selling prices—buyers appear selective and strategic. The market isn't sluggish so much as it's becoming more discriminating: properties that hit the market well-priced and in desirable condition are moving quickly, while others languish. For sellers, this means pricing competitively matters more than ever. For buyers, patience is being rewarded with better inventory selection, though competition remains firm in this upper-tier price segment.
South Pasadena Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91030 | 14 | $1,915,000 | $972 | 50 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 9 | $2,096,666 | $1,064 |
| CONDOS | 3 | $969,000 | $907 |
| MULTI_FAMILY | 1 | $1,600,000 | N/A |
| OTHER | 1 | $6,700,000 | $335 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $750K+ | 14 |
Current Active Listings
As of this report, there are 60 active listings in South Pasadena with a median asking price of $1,664,950 and an average of 99 days on market.
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