Is Pasadena, CA 91106 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Pasadena is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score51/ 100

More competitive than 52% of U.S. ZIP codes, and #774 of 1069 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.3Under 4 months = seller’s market
Sold above original list34.8%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market59Listing to accepted offer
Median price per sq ft$734▲ +6.5% vs. last year

The Pasadena housing market right now

In the three months ending August 31, 2026, 35% of homes in Pasadena, CA 91106 sold above their list price, the typical home went under contract in 59 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 47 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (42 days then) and the median sale price rose 10% to $1,042,049. Overall, Pasadena is less competitive than a year ago, which gives buyers more room.

Within Los Angeles County, homes here sell more slowly than in 77% of the county’s ZIP codes, and sell less often over asking than in 54%. On our competition score, Pasadena ranks #774 of 1,069 CA ZIP codes with enough sales (score 51 out of 100).

Nearby, buyers who want less competition could look at Mount Baldy 91759 (0% sold over asking) or Glendale 91210 (0% sold over asking), while Los Angeles 90057 (100% sold over asking) and Burbank 91502 (86% sold over asking) are even more competitive.

Nearby markets

Acton 93510Buyer’s market $366 /sq ftAgoura Hills 91301Balanced $584 /sq ftAlhambra 91801Seller’s market $576 /sq ftAlhambra 91803Seller’s market $620 /sq ft Browse all markets →

Where Pasadena is

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Questions about Pasadena real estate

Is Pasadena a buyer’s or seller’s market?

A balanced market: there were 5.3 months of supply in Pasadena, CA 91106 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Pasadena?

The typical home went under contract in 59 days in the latest three months.

Do homes in Pasadena sell over asking?

35% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.

What are property taxes in Pasadena?

About 1.15% of a home’s value a year in Los Angeles County, or roughly $4,600 on a $400,000 home.

What is the median home price in Pasadena?

The median sale price was $1,042,049 in the three months ending August 31, 2026, about $734 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology