Pasadena Real Estate

Located in the Northeast next to the San Gabriel Mountains and Arroyo Seco River, Pasadena is an oasis where many people and businesses have called home. As the 183rd largest city in the US, Pasadena is loaded with interesting and valuable amenities such as Old Town Pasadena, the Rose Bowl, the Pasadena Playhouse and the Norton Simon Museum. Of course, like many cultural destinations, how artistic the streets reflect the art in the city and homes are and Pasadena is all about artful living.

This explosion of culture over many decades has produced many variations of home styles including Midcentury, Spanish Revival, Cottages and Victorians. Subsequently, Pasadena was one of the leading entities of the Arts & Crafts Movement in the early 20th century. This resulted in massive production of the American Craftsman and Bungalow style homes.

Pasadena has worked hard to preserve these rarities by setting laws and ordinances in order to preserve important areas as historic landmark districts. For example, “Bungalow Heaven” is a collection of 800 Craftsman homes that were built between 1900 and 1930 that have been legally protected since 1989. Pasadena provides tours of these preserved homes to provide a unique experience to tourists and residents alike.

Seeking out real estate in Pasadena is all about the desire to own and live in some of these fabulous homes that often come up for sale. When they do, they don’t last long and the final sales price is often much higher than what was asked. Bidding wars for homes for sale in Pasadena are the rule, not the exception. The top producing Pasadena real estate agents stay busy and on their toes.

According to the 2000 U.S. Census, Pasadena had a population of 134,941 people. Spread out over 25.15 square miles, there were approximately 5,366 per square mile, this is average for Los Angeles County. The average income was $62,825, which is average for the county. The average household size was 2.5 people, which is a low number for Los Angeles.

WalkScore.com has given Pasadena a score of 66 out of 100. This means that Pasadena is somewhat walkable and some errands can be completed on foot. Pasadena has a bike score of 72 out of 100 meaning that it is very convenient to own a bicycle. Public transportation is very accessible in Pasadena. The Los Angeles Metro Gold Line Rail has six stations in Pasadena. In addition to the Los Angeles Metropolitan Buses that serve the city, Pasadena has its own bus system – the Pasadena Transit. Four major freeways run through Pasadena including the Foothill Freeway (I-210), the Ventura Freeway (SR-134), the Long Beach Freeway (SR-170) and the Arroyo Seco Parkway (SR-110).

Zillow estimates that the average home value in Pasadena is $720,300. This is a 5.5% increase since last year’s average. Zillow predicts that this rate will increase 1.9% over the next year up to $734,000. The average listing price per square foot is $538 which is higher than the Los Angeles average of $390. The current market temperature in Pasadena is “Very Hot” meaning that it is an ideal market for Sellers. The average price of homes currently listed is $799,000 while the average rent price is $2,600. This is lower than the Los Angeles median of $2,995. Compared to other markets across the country, Pasadena’s Market Health is a 7.9/10. Only 8.6% of listings get a price cut and 4.1% of homes sell below their previous sale price. Due to the bustling nature of this beautiful city, we expect Pasadena to remain a high contender on the housing market.

Daily Habits to Adopt for Success in Real Estate & Life

Get Up Early

Make the first two hours of your day the most important. It will not only set the tone for the day but will give you a game plan for everything else that follows. These two hours can be used for activities you enjoy such as exercise, meditation or completion of a project or activity from the previous day. The early morning is free from distraction allowing you to do more of whatever you enjoy.

20 Minutes Of Learning Daily

It is important in any business to know what is going on at all times. Trying to master every aspect of the business may seem intimidating but is less difficult if you spend some time on it daily. Regardless of how busy you may be you can squeeze twenty minutes of learning into your daily routine. You can find this time on an audiobook driving to or from an appointment or on the treadmill as you get some exercise in.

Make Lists & Set Goals

Success is often easier if you plan exactly what needs to get done. Before you go to bed you should plan for the next day. Tackle the toughest task first and go from there. Planning your goals not only makes you efficient but gives you a sense of direction and purpose. The most successful people in the world have one thing in common, they all say their goals out loud three times daily. This helps to reinforce their direction and keeps them on track in accomplishing their goals. Try it and see how much closer you get to reaching your goals!

Track Progress

If you don’t know what is working, is impossible to gauge the results? At the end of every day you should take some time to evaluate what you did to build on your progress. If you failed to do anything, you need to ask yourself why and then develop a new plan to stay on track.