Pasadena CA Upper Hastings Ranch Homes For Sale and Mid Year Update

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Industry Observer CalBRE #01165532
https://activerain.com/droplet/4Gzc

Pasadena CA Upper Hastings Ranch Homes For Sale and Mid-Year 2015 Market Update

 

Upper Hastings Ranch Homes For SaleThis is a recap of homes for sale in the Upper Hastings Ranch neighborhood at the northeastern portion of the city of Pasadena. Statistical information in this report has been gathered from our local multiple listing service (mls) and may not include all transactions.

 

Pasadena Zip Code 91107 Homes For SaleThere are three distinct neighborhoods in the Hastings Ranch area. Lower Hastings Ranch, Upper Hastings Ranch and Hastings Heights. This update covers the Upper Hastings Ranch area which is situated north of Sierra Madre Boulevard, west of Michillinda Avenue, south of the Hastings Heights neighborhood and east of the Eaton Canyon Golf Course. This is part of Pasadena zip code 91107.

 

The neighborhood was first developed in the early 1950s. Although Pasadena is not known for its large scale tract developments, there are more than 1000 homes in the Upper Hastings Ranch area.  You can still find a significant number of original owner residents and the homes I have seen over the years range from those in retro cool 1950s condition to some incredible renovations as well as everything in between.  The overwhelming
majority of homes are single level.  The convenient neighborhood is adjacent to the San Gabriel Mountains and is located just north of the Foothill(210)Freeway and a Gold Line light rail station at

Pasadena Hastings Ranch Zip Code 91107

Sierra Madre Villa.  There are numerous shopping, dining, recreation, entertainment and culture venues nearby as well as in the adjacent cities of Sierra Madre and Arcadia.

 

The decades-long Holiday Light Up each winter is a Pasadena favorite where each street in Upper Hastings Ranch has a decorating theme.  Just after New Year’s Day, the decorated floats of the annual Tournament of Roses Parade are on display at nearby Victory Park which is also home to a very popular Farmers Market each Saturday.

 

Pasadena Zip Code 91107 Homes For SaleThere are currently nine Upper Hastings Ranch homes for sale ranging from $765,000 to $1,245,000 with an additional five properties in escrow.  All but one of the homes on the market for sale have been listed within the last 30 days.  In the first six months of 2015, there have been 16 mls-reported closed transactions ranging in sales price from $685,000 to $1,285,000 with an average sales price of $888.250(median sales price $849,000).  They have sold at 100.15% of last list price and for $475.67 per square foot on average.

 

Upper Hastings Ranch PasadenaDuring the same January through June time period in 2014. there were thirteen mls-reported sales from $596,000 to $998,000 with an average sales price of $773,984 (median $783,000).

 

They sold at 99.08% of last list price and for $417.20 per square foot on average.

 

As in most real estate and especially Pasadena, there are nuances in the numbers shared that cannot be explained in a report as brief as this.  If you would like to know more detailed information about Upper Hastings Ranch or any neighborhood, let’s discuss what is important to you whether you are a prospective buyer, seller or just curious.  I can be reached at 818.516.4393 cell.

 

Published:   July 25, 2015


Pasadena CA Upper Hastings Ranch Homes For Sale and Mid-Year 2015 Market Update  

Posted by

Michael Jacobs

 

CalBRE # 01165532

2065 Huntington Drive

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

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Rainmaker
4,574,299
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Michael,

This is another lovely profile of Upper Hastings.  Unlike its lower counterpart, it definitely has more inventory that Lower Hastings.  Is there a reason for that?  Is there a cachet for living in one versus the other?  A

Jul 25, 2015 08:05 AM #1
Rainer
230,518
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

the older , well developed, maintained tracts are quite nice. they have a flavor that the new ones cant quite  match, nice post

Jul 25, 2015 08:45 AM #2
Rainmaker
5,121,096
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Home of the Tournament of Roses Parade....what a great place to live.... but Christmas without snow.... there's just something very wrong about that Michael Jacobs Rudolph the Red Nosed Reindeer looks puzzled himself....

Jul 25, 2015 08:57 AM #3
Ambassador
2,799,837
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Michael - Very informative market report for Upper Hastings Ranch - it seems like the market might be loosening up a bit? You would be the right agent to help figure out the best way to benefit from current market conditions.

Jul 25, 2015 09:03 AM #4
Rainmaker
1,092,540
Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
Retired and loving life

Hello Michael-As always your reports are very nicely done and very informative. I bet it is gorgeous with the Christmas scenery

Jul 25, 2015 10:48 AM #5
Rainmaker
1,962,376
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Michael,  always enjoy viewing infomation on other communities....tks for sharing with us.

Jul 25, 2015 10:52 AM #6
Ambassador
2,191,051
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Michael...You have the best and most complete market reports. I love them and really get a feel for the neighborhood from what you write. This is very complete information on Upper Hastings Ranch in the northeastern part of Pasadena. 

Jul 25, 2015 11:25 AM #7
Ambassador
1,770,095
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Fine work on showing us the Pasadena CA Upper Hastings Ranch Homes Michael. Debbie Laity is thinking the same thing as I am.

Jul 25, 2015 03:10 PM #8
Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

The name alone would entice me to take a look.  Upper Hastings has a nice ring to it.

Jul 25, 2015 07:06 PM #9
Rainmaker
4,797,822
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Michael.  Thanks for the update and the information about the Upper Hastings Ranch community of Pasadena CA.

Jul 25, 2015 09:26 PM #10
Rainmaker
1,511,489
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Michael, I love..love..love the views of the mountains, with nine available ranch homes in Upper Hasings in Pasadena CA, buyers must act fast and that of course starts by calling Michael Jacobs!

Jul 26, 2015 01:21 AM #11
Rainmaker
3,427,453
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

 

Alexandra Ron and Alexandra Seigel - there are approximately four times as many homes in Upper Hastings Ranch versus the Lower Hastings Ranch neighborhood which explains the main reason in the difference in inventory on the market for sale.  

Barbara Todaro - with the severe Winter conditons you experienced this year, I think you might enjoy some SoCal sun during the holidays.  And Rudolph is not puzzled -- that's called attitude.   LOL.

Hi Dick Greenberg - it's good to see some new inventory coming on the market especially for buyers although prices in Upper Hastings Ranch are getting into some pretty lofty levels considering the rather modest beginnings of the neighborhood.  As I wrote in the post, there have been many new listings appear and I'm sure some homeowners are looking to take advantage of the potential net proceeds from these recent price increases.

Thanks to everyone else for commenting and your support.  I appreciate it.

 

Jul 26, 2015 03:01 AM #12
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Rainmaker
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Michael Jacobs

Los Angeles Pasadena 818.516.4393
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