Pasadena CA San Rafael Homes For Sale and Market Update

By
Industry Observer CalBRE #01165532
https://activerain.com/droplet/4Jt6

Pasadena CA San Rafael Homes For Sale and Market Update

 

San Rafael in Pasadena Homes For SaleThis is a real estate market update for the San Rafael district of Pasadena.  It includes homes for sale, in escrow and sold so far in 2015 with a comparison to full year sales in 2013 and 2014.

 

Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions.  The boundaries I have used for this report: south of the Ventura Freeway(134), the Arroyo Seco to the east, Avenue 64(west) and the city border with Los Angeles is to the south. The San Rafael Hills neighborhood which is adjacent just to the west and to the city border is not included in this particular report.   The neighborhood is part of Pasadena zip code 91105.

 

San Rafael Pasadena 91105 HomesA word I often use to describe this area is leafy.  Another word is bucolic although San Rafael is actually quite convenient to multiple freeways and just over the Colorado Street Bridge to Old Pasadena with its numerous shops, dining, culture and entertainment.   The single family homes in the neighborhood range in size from smaller two and three bedroom residences, the large(and often gated)estates on San Rafael Avenue with views of the Arroyo.  Many of the streets meander as you discover architecture ranging from character homes to ranch homes to the grand and often gated estates along prestigious South San Rafael Avenue and adjacent streets.

 

Pasadena Zip Code 91105 Real EstateThere are currently six San Rafael area homes on the market available for sale from $1,098,000 to $3,088,000 with another three in escrow.  

So far in 2015, sales have been good with 17 closed transactions ranging from $1.250,000 to $4,750,000 with an average sales price of $2,090,278(median sales price $1,835,000).   They have sold at 98.66% of last list price and for $641.86 per square foot on average.   

 

Pasadena Homes Along The Arroyo SecoFull year 2014 saw 26 transactions closed sales which ranged from $950,000 to $5,585,000 with an average sales price of $1,755,992 (median $1,537,500. They sold at 99.66% of last list price and for $649.53 per square foot on average.



For full year 2013, there were also 26 transactions ranging from $670,000 to $3,950,000 with an average price of $1,648,133(median $1,422,500).   They sold at 97.89% of last list price and for $523.47.per square foot on average.

 

Pasadena Homes Along the Arroyo SecoThere are nuances in the neighborhood that can truly be explained in a report as brief as this overview.  

 

If you would like more detailed information regarding San Rafael homes or any Pasadena real estate than can be told in this brief report, contact me at 818.516.4393 cell. Let’s discuss what’s important to you whether you are a prospective buyer or a property owner thinking of selling.

 

Pasadena San Rafael Homes  

 

 

Published:   September 23, 2015


Pasadena CA San Rafael Homes For Sale and 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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Ambassador
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Leafy is a good adjective for this community MJ.  Another fine market snapshot giving us an in depth look into the San Rafael community.

aloha!

Sep 22, 2015 05:24 PM #1
Ambassador
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TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good Wednesday morning Michael. You do such an excellent job of showcasing properties in your area.

Sep 22, 2015 07:22 PM #2
Rainmaker
4,797,261
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Michael.  The San Rafael area of Pasadena CA looks to be a very desirable community to call home.  Though, it is out reach for many on a budget.

Sep 22, 2015 09:38 PM #3
Rainmaker
1,521,597
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Michael, the architecture in the San Rafael neighborhood in Pasadena is stunning. I can see why this is such a popular neighborhood. Buyers and sellers need to contact you and put your in depth knowledge to work. Your market reports showcase how well you know your market and when working with you your clients will find you have even more knowledge to share to guide them through their Real Estate transaction.

Sep 22, 2015 11:43 PM #4
Rainmaker
2,112,437
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

I don't think I'll ever be moving to your gorgeous neck of the woods, but I sure do want to visit sometime!

Sep 23, 2015 12:48 AM #5
Rainmaker
4,079,131
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, you provide buyers and sellers great information for Pasadena - San Rafael Homes.    Hope buyers know to give you a call when they are ready to move! 

 

 

Sep 23, 2015 12:55 AM #6
Rainmaker
4,443,718
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Michael,

Leafy and bucolic is a great description of San Rafael in Pasadena. From your report, the activity there is good, and it looks like a very desirable community.  I love communities that have that kind of feeling, yet the access to the city and all amenities is nearby rather than an expedition.  A

Sep 23, 2015 01:00 AM #7
Rainmaker
2,546,354
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

San Rafael looks and sounds like such a wonderful place, I am sure it is a highly desired area!

Sep 23, 2015 03:39 AM #8
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Michael - Once again, your excellent market overviews showcase your encyclopedic knowledge of the entire Pasadena area, and make a compelling argument for enlisting your services on behalf of anyone with real estate interests.

Sep 23, 2015 03:53 AM #9
Rainmaker
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Nancy Laswick
United Real Estate - Phoenix, AZ
Your REALTOR® For The Valley Of The Sun

San Rafael is a beautiful neighborhood. There seems to be a wide variety of architectural styles and the term bucolic really hits the mark. Your market updates are always interesting to read and packed with useful information. Anyone interested in buying or selling a home in the Pasadena area needs to contact the local expert Michael Jacobs

Sep 23, 2015 05:13 PM #10
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