Contracts Low Point in East Pasadena Real Estate Market

Over the last 30 days, one home went under contract in the East Pasadena market, the lowest amount since last January. As the market appears to be nearing a low, there were seven homes sold over the same period. During the same time frame, Pasadena had the most of any other neighboring municipalities with 51 contracts executed. The median sales price in East Pasadena stayed put this week at $900,000. Despite the falling contracts numbers, there are only three months of inventory remaining, indicating that East Pasadena is a still seller's market.

Trying to find a home in East Pasadena that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$4.5M   $3M   $3.1M  

Get started right now by checking out East Pasadena homes for sale or reviewing East Pasadena real estate trends.

Demographic facts for East Pasadena:

  • 30.3% of the people living here rent their homes.
  • This area has a job growth projection of 27.1% for the next 10 years.
  • There are 5,098 students for every librarian. (803 = national average)

Data reported through 1/11/2017

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