What Sold in North Pasadena Heights Neighborhood in 2016?
This is a real estate market activity report for the North Pasadena Heights neighborhood with a report for completed sales in 2016 with a comparison to 
the previous three years. I will also share homes for sale and in escrow. Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the neighborhood.
Established as a Pasadena landmark district in 2006, the boundaries of the North Pasadena Heights neighborhood are Paloma Street(South), Whitefield Road(north) between Hill and Allen avenues. Homes and lot sizes vary from quite small to large with a variety of architectural styles represented on the tree-lined streets. The largest homes are typically found on Mountain and Casa Grande streets both which are particularly wide as well which further enhances the residences.
The central location is just north of the Foothill (210)Freeway and is close to the Gold Line light rail station at Allen Avenue.
It is also not far from much of the shopping, dining, culture, entertainment and recreation opportunities that make Pasadena such a popular and convenient place to live, work and play.
In 2016, there were twelve mls-reported closed sales ranging from $625,000 to $1,465,000 with an average sales price of $953,000(median sales price $817,000). Two thirds of those transactions closed at or above last list price for an average 100.52% for the year. The average price per square foot was $525.31 in 2016.
2015 reflected fourteen reported sales. These transactions ranged from $550,000 to $1,650,000 with an average of $1,003,045(median $1,000,000). They sold at 97.31% of last list price and for an average price per square foot of $473.79.
For the January through December time period in 2014, there were twelve closed transactions in 2014 ranging from $515,000 to $1,500,000 with an average sales price of $970,880(median sales price of $957,500). Eight of those transactions closed at or above the last list price and on average sold at 99.77%. They sold at $448.16 per square foot on average.
For the same January through December time period in 2013, there were 14 mls-reported sales. They ranged from $413,500 to $1,170,000 with an average sales price of $809,079(median $831,500). They sold at 99.68% of last list price and $447.32 per square foot on average.
There is currently one North Pasadena Heights homes on the market for sale. This is a home that has been on/off the market for a couple of years. It is currently priced at $549,000. There are no properties in escrow.
Historically, there is not a large turnover of homes in the North Pasadena Heights landmark district. It is also important to remain mindful that the size of the home and lot along with condition in this neighborhood vary greatly.
For a homeowner thinking of selling, a more thorough analysis of a property than space permits here will be necessary. In my property analysis, I will 
share with you not just the differences in home and lot sizes but the updates(or lack thereof), location within the neighborhood, condition, emotional appeal and other factors of each comparable home.
The same is true for prospective buyers: we review the story behind the numbers in order to best strategize an overall plan for you to be successful.
Whether you are thinking of purchasing or selling and would like more detailed information regarding North Pasadena Heights or any Pasadena real estate, let’s discuss your needs, your wants, your wishes and what is most important to you. I can be reached at 818.516.4393 cell.
Published: January 14, 2017
What Sold in North Pasadena Heights Neighborhood in 2016?
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