What Sold in North Pasadena Heights Neighborhood in 2016?

By
Real Estate Agent with Coldwell Banker Residential Brokerage CalBRE #01165532
https://activerain.com/droplet/4YNL

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 Homes For Sale in North Pasadena Heights Landmark Districtthe 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.    

 

North Pasadena Heights NeighborhoodThe 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.  

 

North Pasadena Heights

 

  • 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.

 

Homes in North Pasadena Heights Landmark District

 

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
Historic Homes in North Pasadena Heights Landmark Districtshare 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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Ambassador
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Harry F. D'Elia
Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Thanks for sharing your up to date local real estate reports with us today

Jan 14, 2017 04:14 AM #1
Rainmaker
4,306,908
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Michael.  The real estate market in the North Pasadena Heights neighborhood appears to be quite steady in volume with increasing values.

Jan 14, 2017 05:47 AM #2
Rainmaker
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Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Good Morning Michael, North Pasadena Heights looks like a beautiful neighborhood. I love all the mature trees. It looks like a nice range of prices have closed, something for every buyers budget. Whether it's time to buy or sell you are the agent to contact. Your market conditions require the local expertise you have - you always have a pulse on the Pasadena Real Estate market.

Jan 14, 2017 05:56 AM #3
Rainmaker
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Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I love the style of the homes in North Pasadena Heights and I am certain that it is a highly desired area to live!

Jan 14, 2017 06:01 AM #4
Rainmaker
2,859,719
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

According to Realtor Michael Jacobs, The North Pasadena Heights Landmark District  neighborhood does not see many homes hit the market. Be sure to contact him so you can learn about new listings as they become available!

Jan 14, 2017 06:46 AM #5
Rainmaker
1,298,668
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

I just love the historic districts and the older homes. Great report as always Michael!

Jan 14, 2017 09:41 AM #6
Rainmaker
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Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

The way the light and shadows danced on that first photo of a home in North Pasadena Heights is very lovely, Michael.

I take it that house that's been on and off the market over the years is some sort of a fixer?

Jan 14, 2017 09:44 AM #7
Rainmaker
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Dorie Dillard
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Michael Jacobs ,

As usual your market report is insightful and the addition of the photos of the homes gives us a true picture of  The North Pasadena Heights Landmark District  neighborhood. You are the king of all things in Pasadena Real Estate! Call Michael for representation he is the agent in the know. 

Jan 14, 2017 09:51 AM #8
Rainmaker
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Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents -- I have shown this home and while the current listing uses "wonderfully appointed" and "delightful" my clients have thought otherwise.  I do believe there is "opportunity" to make this a nice home.   

Jan 14, 2017 10:40 AM #9
Rainmaker
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Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Michael Jacobs - I like how you consistently make it easy to know your area of Pasadena. The close up photo in that first shot makes a great first impression of what's more to come in one of the most famous places to live in California!

Jan 14, 2017 10:56 AM #10
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Since you're quite familiar with, not only the neighborhood in general, but the one listing available, buyers need to call you for a showing. You also have first-hand knowledge and important feedback from prior showings - that makes your experiences as valuable as your impeccable expertise. I would also suggest that sellers take note, "hire an agent who can market and sell your home."  Michael Jacobs. Period. Huffing and puffing doesn't help sell homes, it sets buyers up for disappointment. 

Jan 14, 2017 11:07 AM #11
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Michael,

I am not sure I remember your featuring North Pasadena Heights!  I love that it is designated as a landmark in the area, and my favorite thing about Pasadena is all the varied styles of architecture, and that comfy lived in look and feel! 

Jan 14, 2017 12:26 PM #12
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Michael, excellent reporting as always on North Pasadena Heights. You provide an in depth analysis and make it easy for the reader to understand what is really happening.

Jan 14, 2017 04:51 PM #13
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Good information Michael. Your market reports are so crisp and clear and provide just the right amount of information.

Jan 14, 2017 06:05 PM #14
Rainmaker
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Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Thank you very much for stopping by and your comments on this update of real estate activity for the North Pasadena Heights Landmark District.  

Jan 14, 2017 08:27 PM #15
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Michael Jacobs

Los Angeles Pasadena Area Real Estate 818.516.4393
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