Pasadena, CA Foreclosures for Sale - Short Sale Real Estate

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514 Properties Found in Pasadena, CA

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Pasadena Neighborhood Information

The average image of California conjures up sunny skies, sweeping Pacific Ocean waves, tanned silhouettes and a general beach atmosphere, but Pasadena breaks the mold with its historical architecture, mountain-top vistas and quaint old world charm. Pasadena is northeast of downtown L.A. and is the heart of the San Gabriel Valley, bordered by the San Gabriel Mountains, the San Rafael Hills and the Arroyo Seco tributary. The Arroyo Seco snakes through Pasadena’s ridges and valleys, carving out an idyllic backdrop that complements the city’s natural beauty.

Pasadena or “Crown of the Valley,” is famous for hosting the annual Rose Bowl, the most prestigious collegiate football postseason game held at the historic Rose Bowl Stadium on New Year’s Day. It dates back to 1902, and has since evolved into one of Pasadena’s long-standing and most beloved traditions.

Old Pasadena, a beautifully preserved historic district spanning 22 blocks, has become a favorite shopping and entertainment stop. Its turn-of-the-century architecture, renovated brick storehouses and open square layout reminiscent of Italian piazzas blends with the contemporary boutiques, mod galleries and thriving nightlife that colors this relic of the past.

Pasadena’s penchant for preserving its history has remained, even as the city looks to the future. Following the state-wide trend of double-digit appreciation, Pasadena real estate experienced an 18 percent home price gain from 2004-2005, according to money.cnn.com. And despite a median home price of $585,000 and an average home price at $406,000, Pasadena homes for sale are quite affordable by California standards. According to Coldwell Banker’s annual Home Price Comparison Index, a 2,200-square-foot house with four bedrooms, 2.5 baths, a family room and a two-car garage in Pasadena would cost nearly $790,000. Even as the affordability gap widens across California’s real estate markets, Pasadena remains secure in its unique charm and competitively priced market.

Sources:
http://en.wikipedia.org/wiki/Pasadena%2C_California
http://www.pasadenacal.com/pk1.htm
http://www.ci.pasadena.ca.us/publicworks/PNR/ArroyoSeco/
http://www.census.gov/population/www/
http://www.homegain.com/local_real_estate/CA/pasadena.html
http://money.cnn.com/magazines/moneymag/bplive/2006/snapshots/PL0656000.html
http://money.cnn.com/pf/features/lists/hpci_data/index.html

Community Information for 91106

Population: 23,774

Median Age: 34

Median Household Income: $62,053

Households with Children: 39.74%

Median Travel Time to Work: 26 minutes

Real Estate Market Information

Median years in residence: 8

Homes Owned: 35.79%

Homes Rented: 61.19%

Homes Vacant: 3.02%

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About HomeFinder.com: HomeFinder.com is a real estate search engine built to assist you in searching for the best Pasadena homes for sale. Our database of over 3 million listings nationwide and detailed property trends help you make sense of Pasadena home buying trends. You can view different homes for sale in Pasadena by price, number of bedrooms and bathrooms, and even more advanced search criteria such as swimming pools and golf courses. You can also modify your search by property type including Pasadena condos and Pasadena foreclosures. Our vast hometown newspaper affiliates to give you the most Pasadena open houses, updated daily, the largest number of open house listings available on Thursday, Friday and Saturday.

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