South Pasadena Homes for Sale & Real Estate Listings

In June 2025, South Pasadena’s housing market experienced moderate growth, with home prices rising 6.1% year-over-year to reach a median of $2.0 million. Although the average days on market increased significantly from 20 to 42 days, indicating a slower pace of transactions, buyer activity remained steady, as reflected by the rise in sales—16 homes sold this June compared to 11 last year. This trend suggests that while buyers are taking more time to make decisions, demand for South Pasadena’s highly desirable properties remains strong, driven by its top-rated schools, charming residential character, and close-knit community atmosphere.

South Pasadena remains a very competitive housing market, with homes selling in an average of 35.5 days and frequently attracting multiple offers, some with waived contingencies to secure faster closings. On average, properties sell for about 5% above the list price and go pending in roughly 36 days, highlighting strong buyer demand despite slightly longer market times. Highly sought-after homes—especially those in prime locations or with desirable updates—can spark bidding wars, selling for as much as 10% above asking price and going pending in as little as 21 days. This level of competition reflects South Pasadena’s enduring appeal, driven by its top-rated schools, small-town charm, and proximity to major employment hubs, making buyers willing to pay a premium for the right property.

South Pasadena, CA is a clear seller’s market in June 2025, with buyer demand outpacing the limited supply of available homes. This imbalance creates favorable conditions for sellers, often resulting in multiple offers, competitive bidding, and properties selling above the asking price, especially those in desirable locations or with updated features. Buyers face strong competition and may need to act quickly, make aggressive offers, or waive certain contingencies to secure a home. For sellers, this market presents an opportunity to maximize returns and negotiate favorable terms, reflecting South Pasadena’s continued desirability for its top-rated schools, charming neighborhoods, and convenient location.