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January 2025 Pasadena Real Estate Market Update Happy New Year! Pasadena’s real estate market kicks off 2025 with promising trends for both buyers and sellers. Home Prices: The median home price holds strong at $1.2M, reflecting Pasadena’s ongoing desirability and limited inventory. Inventory Levels: While inventory remains low, the market shows signs of stabilization, offering opportunities for both buyers and sellers. Interest Rates: Slightly lower mortgage rates compared to 2024 are motivating buyers to re-enter the market—now is an excellent time to lock in rates. Neighborhood Spotlight: Top neighborhoods like Madison Heights, Bungalow Heaven, and Hasting Ranch continue to shine. Known for their charm, top-rated schools, and proximity to amenities, these areas attract growing families and professionals alike. What This Means for You: Sellers: With limited inventory, the market favors you! Well-priced and marketed homes are moving quickly. Buyers: Competitive conditions call for strategy and timing. Pre-approval and flexibility will help you navigate the market. Let’s make 2025 the year to achieve your real estate goals. Call today for a no-pressure consultation to discuss your next move. 🔗 Connect with May Ahn: Instagram: MayAhn Facebook: MayAhn LinkedIn: / mayahnhomes Email: [email protected] Call/text : 626.329.6999 #MayAhn #PasadenaRealEstate #RealEstateUpdate #January2025 #PasadenaHomes #SellerMarket #TopAgent #Sothebys #MadisonHeights #BungalowHeaven #SouthPasadena #LuxuryLiving #FamilyHomes #GrowingFamilies #HomeBuyingTips #PasadenaRealtor #PasadenaMarketTrends #NewYearNewHome #MarketUpdate2025 #DreamHomePasadena