This market report was refreshed on October 6, 2026 with the newest real estate and mortgage figures that could be verified on that date. It summarizes the latest published closed, active, and pending transaction picture across California, then breaks the Pasadena market down by single family homes, condos, and townhomes, with a source and an exact reporting period attached to every figure. Where public reporting groups categories together or leaves a figure unpublished, this report says so plainly instead of guessing. Alejandro Espitia, Broker Associate and REALTOR with Apex Realty and Investments, California license 01213999, prepares these numbers for buyers, sellers, and investors across Los Angeles, San Bernardino, San Gabriel, and Riverside, brings 18+ years of real estate experience to every reading, and works in English and Spanish.
Mortgage rates: the freshest published reading, clearly labeled
The newest official federal financing figure verifiable for this October 6 refresh is still the Freddie Mac Primary Mortgage Market Survey published Thursday, October 1, 2026, covering the week ending October 1; the next survey is scheduled for Thursday, October 8. The average 30-year fixed-rate mortgage in the United States was 7.28 percent in that survey, up from 7.03 percent the prior week and up from 6.34 percent a year earlier. The average 15-year fixed-rate mortgage was 6.60 percent, up from 6.42 percent the prior week. The 7.28 percent reading is the highest for the 30-year since November 2023.
Average fixed mortgage rates, the two most recent confirmed surveys
| Survey | 30-year fixed | 15-year fixed |
|---|---|---|
| Week ending Oct 1, 2026 (freshest confirmed) | 7.28% | 6.60% |
| Week ending Sept 24, 2026 (prior week) | 7.03% | 6.42% |
Source: Freddie Mac Primary Mortgage Market Survey, published October 1, 2026, the freshest survey available as of the October 6 refresh with the next release scheduled for October 8. The 30-year average is up about 25 basis points from the September 24 survey and about 94 basis points from a year earlier (6.34 percent), its highest since November 2023. Published averages move weekly, vary by lender, and your real offer depends on credit, loan program, and down payment, so a current quote from a lender always beats a headline for your own budget.
The freshest daily readings from the last few days sit above the weekly survey. Bankrate's national average of large lenders read 7.49 percent on Monday, October 5 and 7.55 percent on Tuesday, October 6. Mortgage News Daily's daily index was 7.57 percent on Friday, October 2, the freshest verified MND reading for this refresh. The Mortgage Reports put the conventional 30-year at 7.488 percent (7.553 percent APR) on October 5, and MortgageDaily's Optimal Blue-based reading was 7.38 percent the same day. A Zillow-based daily reading cited by U.S. News eased to 7.616 percent on October 5 from 7.637 percent the day before. The market-moving event of the refresh window was the September jobs report on Friday, October 2: just 29,000 jobs added against a forecast near 84,000, with unemployment up to 4.2 percent. Rates dipped briefly on the weak report, then bond yields rebounded Monday and erased most of the move, leaving rates practically unchanged over the weekend. For a buyer the practical takeaway is unchanged: rates sit at their highest since late 2023, and the same home carries a different monthly payment at 7.28 percent than at 6.50 percent, so build your budget on a current quote rather than a rate from the start of your search.
California: closed, active, and pending, in the latest reporting period
The most recent published statewide monthly report is still the California Association of Realtors August 2026 Home Sales and Price Report, released September 16, 2026, and no newer state monthly had been published as of this October 6 refresh. That makes August the latest month with published closed-sales figures; C.A.R.'s September report typically arrives in mid-October. C.A.R. did not publish a specific August pending-sales percentage in the coverage verified for this refresh, so pending activity is tracked below through the freshest verified weekly window, labeled with its exact period.
California closed existing single-family sales and median price, August 2026
| Metric | August 2026 | Change |
|---|---|---|
| Closed sales (seasonally adjusted annualized rate) | 269,620 | +2.4% from July's 263,320; +1.4% from August 2025 |
| Median statewide price | $901,420 | +1.6% from July's $887,210; up 0.1% from $900,620 a year earlier, a new record |
Source: California Association of Realtors, August 2026 Home Sales and Price Report, released September 16, 2026, compiled from more than 90 local REALTOR associations and MLSs statewide. August's $901,420 set a new record, back above $900,000. The September 2026 report had not been published as of the October 6 refresh.
California active and pending activity, the most recent verified readings
| Measure | Reading | Period | Source |
|---|---|---|---|
| Active listing count, California | 73,896 | August 2026 (released September 4, 2026). The September value was released October 1, 2026 but could not be captured in a verifiable indexed source as of this refresh, so August remains the freshest verifiable state figure | FRED series ACTLISCOUCA, Realtor.com data |
| Active listings, Los Angeles County | 15,374 | September 2026 (released October 1, 2026) | FRED series ACTLISCOU6037, Realtor.com data |
| Unsold inventory (months of supply) | 3.7 months, up 8.8% from July's 3.4, the highest reading in six months and below the 3.9 of a year earlier | August 2026 | C.A.R. |
| Active listings, month over month | Slipped 1.6% from July and down about 6.2% year over year, below year-ago levels in 38 of 53 counties | August 2026 | C.A.R. |
| Pending sales, August monthly reading | Softened, with buyers more sensitive to borrowing costs, per C.A.R. Chief Economist Jordan Levine; no specific statewide pending tally published in the August release | August 2026 | C.A.R. |
| Closed sales per day, C.A.R. weekly | About 496 statewide, down 7.4% from the prior week | Week ending September 5, 2026 (published September 26, 2026), the freshest verified weekly window as of this refresh | C.A.R. via The Mid Valley News |
| Pending sales, weekly signal | Down week over week | Week ending September 5, 2026 | C.A.R. via The Mid Valley News |
| New listings, weekly signal | Down week over week | Week ending September 5, 2026 | C.A.R. via The Mid Valley News |
| Southern California closed sales, weekly | Down 5.2% week over week, a smaller decline than other regions | Week ending September 5, 2026 | C.A.R. via The Mid Valley News |
Sources: C.A.R. August 2026 Home Sales and Price Report (released September 16, 2026); Housing Inventory: Active Listing Count in California, FRED series ACTLISCOUCA, August value released September 4, 2026, with the September value released October 1, 2026 but not captured in a verifiable indexed source for this refresh, so the state row stands at August; Housing Inventory: Active Listing Count in Los Angeles County, FRED series ACTLISCOU6037, September value released October 1, 2026; and C.A.R.'s weekly housing report via The Mid Valley News, published September 26, 2026 and covering the week ending September 5, 2026, the freshest published weekly window as of this refresh. The September 2026 monthly report had not yet been released as of October 6.
Read together, the freshest verifiable state numbers paint this: closed existing single-family sales rose to a seasonally adjusted annualized 269,620 in August, up 2.4 percent from July and 1.4 percent from a year earlier, and the statewide median was $901,420, a new record, up 1.6 percent for the month and a hair above August 2025. Inventory keeps widening, with about 3.7 months of supply, the highest reading in six months though still below the 3.9 months of a year ago, and active listings slipped 1.6 percent from July and were down about 6.2 percent year over year, below year-ago levels in 38 of 53 counties. The September state active-listing count was released October 1, 2026 but could not be captured in a verifiable indexed source for this refresh, so the state figure above stands at August's 73,896; Los Angeles County's September reading of 15,374 active listings was verifiable. C.A.R. described August pending sales as softened as buyers grew more sensitive to borrowing costs, and the freshest verified weekly window, the edition published September 26, 2026 covering the week ending September 5, showed statewide closed sales averaging about 496 per day, down 7.4 percent from the prior week, with pending sales and new listings also down week over week and Southern California closed sales down 5.2 percent. The September monthly report, typically released in mid-October, will update the statewide picture.
Pasadena: active, pending, and closed, by property type
Pasadena does not publish one table that splits every active, pending, and closed count by single family home, condo, and townhome for a single current period, so this report assembles the most complete per-type picture that could be verified and labels every row with its own source and period. The freshest citywide snapshot is Movoto's current reading of about 553 homes for sale at a median list price of about $1.13 million. The per-type active counts below are the freshest verified snapshots from Zillow, each labeled with its own period, because no verified source publishes a clean three-way split for early October. The pending figure is now captured: Redfin's Pasadena pending page showed 124 pending listings at a median listing price of about $1.07 million at the time of this refresh. The per-type closed split stands at Q1 2026, the most recent window with published per-type sales, beside fresher citywide August readings.
Pasadena active listings by property type, freshest verified snapshots
| Property type | Active listings | Source and period |
|---|---|---|
| All home types | About 553 homes for sale at a median list price of about $1.13 million, about $765 per square foot, 53 median days on market | Movoto, freshest verified snapshot for this October 6 refresh |
| Single Family Homes | 149 | Zillow, mid-August 2026 snapshot |
| Condos | 118 | Zillow, mid-August 2026 snapshot |
| Townhomes | 31 | Zillow, mid-August 2026 snapshot |
| All home types (Zillow cross-check) | 383 total homes for sale | Zillow, mid-August 2026 snapshot |
Sources: Movoto's Pasadena pages, the freshest verified snapshot for this October 6 refresh, which count about 553 homes for sale citywide at a median list price of about $1.13 million with about $765 per square foot and 53 median days on market; and Zillow's Pasadena pages, mid-August 2026 snapshot, which count 383 total homes for sale split as 149 single family, 118 condos, and 31 townhomes. Counts on both sites change daily, and no verified source publishes a clean three-way split for early October, so these per-type rows are the freshest verified snapshots rather than precise dated readings.
Pasadena pending transactions, the current citywide reading
| Measure | Reading | Period | Source |
|---|---|---|---|
| Pending listings, all home types | 124 pending listings at a median listing price of about $1.07 million | Live snapshot at refresh time, October 6, 2026 | Redfin |
| Pending listings, cross-check | A cached snapshot of the same Redfin page showed 128, so the count moves as listings go under contract | October 2026 | Redfin |
| Per-type pending count: single family, condo, townhome | Not separately published by any verified source | Current period | Labeled, not estimated |
Source: Redfin's Pasadena pending-listings page, which showed 124 pending listings at a median listing price of about $1.07 million at the time of this October 6 refresh, with a cached snapshot of the same page showing 128. No verified source splits Pasadena pending sales by property type, so that cell is labeled rather than estimated. The live per-type block behind your specific search is one text to Alejandro at 626-314-9170 away.
Pasadena closed sales, the freshest citywide readings and the latest per-type split
| Measure | Reading | Period and source |
|---|---|---|
| Median sale price, all home types | $1,232,185, down 3.9% year over year | August 2026, Redfin |
| Houses sold (single family) | 96 closed, 57% sold above asking | August 2026, Estately MLS aggregation (the latest published month; September not yet published) |
| Single Family Homes, per-type split | 129 closed at a $1,550,000 median | Q1 2026, CRMLS data via 1099cafe.com |
| Condos and townhomes combined, per-type split | 78 closed; per-type median not published, townhomes not split out | Q1 2026, CRMLS data via 1099cafe.com |
| All home types, per-type source cross-check | 209 closed at a $1.3 million median; condos 76 transactions at an $810,000 median | Q1 2026, PropertyShark |
| Q2 2026 cross-check, single-family and condos combined | 795 closed at a $1.53 million median close price, with 698 units of inventory | Q2 2026, Sotheby's International Realty Pasadena quarterly update |
Sources: Redfin Pasadena city page (August 2026 median, all home types); Estately Pasadena real-estate statistics (August 2026, the latest published month: 96 houses sold with 57% sold above asking; Estately's September report was not yet published as of this refresh, and its August median-sold-price display could not be captured in a verifiable form); Q1 2026 per-type splits from CRMLS data via 1099cafe.com's Pasadena market report, which counts 129 single-family closed sales at a $1,550,000 median and 78 condos and townhomes combined with no per-type median and no separate townhome count; PropertyShark's Q1 2026 Pasadena trends, 209 closed transactions at a $1.3 million median with condos at 76 transactions and an $810,000 median; and Sotheby's International Realty's Pasadena quarterly market update, which counts 795 closed sales (single-family and condos combined) in Q2 2026 at a $1.53 million median close price with 698 units of inventory. No source publishes a current per-type closed split for Pasadena: the only per-type report groups condos and townhomes together, and no July, August, September, or Q3 2026 monthly split by property type could be verified for this refresh, so the per-type closed picture stands at Q1 2026 beside the fresher citywide August readings.
Pasadena citywide snapshot, the freshest verifiable readings
| Measure | Latest reading | Period | Source |
|---|---|---|---|
| Median sale price, all home types | $1,232,185, down 3.9% year over year | August 2026 | Redfin |
| Homes for sale, all home types | About 553 | October 2026 snapshot | Movoto |
| Median list price | About $1.13 million | October 2026 snapshot | Movoto |
| Median days on market | 53 | October 2026 snapshot | Movoto |
| Pending listings | 124 at a median listing price of about $1.07 million | Live snapshot, October 6, 2026 | Redfin |
| Average home value | $1,206,740, up 0.1% year over year | Index as of July 31, 2026 | Zillow Home Value Index |
| Median sale price and pace, deepest full snapshot | About $1.2 million over the three months ending June 2026, down 0.45% year over year; 273 homes sold; about 35 days to sell | Three months ending June 2026 | Redfin housing-market page |
Sources: Redfin Pasadena city and housing-market pages; Movoto Pasadena Market Trends and listing pages, freshest verified snapshot for this refresh; Zillow Pasadena home values, index as of July 31, 2026; Redfin Pasadena pending-listings page, live snapshot October 6, 2026. Providers measure price across different windows with different methods, and Zillow's figure is a model-based home value estimate rather than a transaction median, so each reading lists its own source and period. No September 2026 version of Redfin's market page had been indexed, so its deepest full snapshot remains the three months ending June 2026, beside the fresher August city-page median above.
About the gaps in the Pasadena tables: no verified source currently publishes a per-type split of active, pending, and closed Pasadena inventory for one period in one table. The active picture above is the freshest verified snapshot, Movoto's early-October citywide reading of about 553 homes plus mid-August per-type counts from Zillow, because no single source splits them for early October; the pending figure is now captured at 124 listings from Redfin's live page, but pending sales by property type are not separately published anywhere confirmed; and the per-type closed split stands at Q1 2026 because that remains the most recent window with published per-type sales. Every period is labeled with its own source and date, and a labeled cell means the figure is not publicly reported rather than estimated. If the live per-type count behind your search matters, text Alejandro at 626-314-9170 and he reads the market system block by block.
How to read these numbers for your home search
- Closed transactions show what actually happened: price and sales volume, the ground truth of the market
- Pending transactions show the deals that have not closed yet, a leading signal of what lands in the closed column; Redfin's live page showed 124 pending Pasadena listings at a median list of about $1.07 million at the time of this refresh
- Active listings show what is on the market right now, and in Pasadena that means real choice across single family homes, condos, and townhomes, with the freshest verified snapshot above showing about 553 homes for sale at a median list of about $1.13 million
- Mortgage rates move the math: the October 1 Freddie Mac survey put the 30-year at 7.28 percent, daily trackers sat around 7.4 to 7.6 percent through October 6, and the same home costs a different monthly payment at 7.28 percent than at 6.50 percent, so run your budget with the October 1 reading or a fresh lender quote, never a rate from the start of your search
- A state market with record closed volume and a widening inventory, plus a Pasadena market where homes still sell in about a month, rewards buyers who move on current data with a pre-approval in hand
Sources and notes
- Freddie Mac Primary Mortgage Market Survey, week ending October 1, 2026
- Freddie Mac news release: mortgage rates average 7.28 percent, October 1, 2026
- 30-Year Fixed Rate Mortgage Average in the United States, FRED series MORTGAGE30US
- Bankrate current mortgage rates, October 5-6, 2026
- Bankrate 30-year mortgage rates, October 6, 2026
- Mortgage News Daily, 30-year fixed mortgage rates, October 2, 2026
- The Mortgage Reports, 30-year mortgage rates, October 5, 2026
- MortgageDaily, mortgage rates today, October 5, 2026
- U.S. News, today's mortgage rates steady after jobs report, October 5, 2026
- National Mortgage Professional, jobs report comes in weak after mortgage rates surge
- MPA Mag, weak September jobs report lowers odds of an October Fed hike
- C.A.R. August 2026 Home Sales and Price Report
- California home sales and prices rise in August despite higher mortgage rates, C.A.R. reports, PR Newswire, September 16, 2026
- C.A.R. weekly housing report, week ending September 5, 2026, The Mid Valley News, September 26, 2026
- Housing Inventory: Active Listing Count in California, FRED series ACTLISCOUCA
- Housing Inventory: Active Listing Count in Los Angeles County, FRED series ACTLISCOU6037
- Pasadena homes for sale, Redfin
- Pending listings in Pasadena, Redfin
- Pasadena housing market page, Redfin
- Pasadena homes for sale, Movoto
- Pasadena Market Trends, Movoto
- Pasadena homes for sale, Zillow
- Pasadena single family homes for sale, Zillow
- Pasadena condos for sale, Zillow
- Pasadena townhomes for sale, Zillow
- Pasadena Home Values, Zillow
- Pasadena real estate statistics, August 2026, Estately
- Pasadena Real Estate Market Report, Q1 2026, CRMLS data via 1099cafe.com
- Pasadena Housing Market Prices and Trends, Q1 2026, PropertyShark
- Pasadena quarterly market update, Q2 2026, Sotheby's International Realty
Talk to Alejandro
Want the live number behind your neighborhood?
Alejandro Espitia, Broker Associate and REALTOR with Apex Realty and Investments, has 18+ years of real estate experience reading the Los Angeles, San Bernardino, San Gabriel, and Riverside markets and works in English and Spanish. Text 626-314-9170 with a street, a ZIP code, or a budget on your mind, and the live per-type number comes straight back.
Text Alejandro or leave your details
Get the numbers that fit your situation
Call or text Alejandro at (626) 314-9170 for a straight answer in English or Spanish, or fill this in and he will get back to you with the numbers that fit your situation.
This guide is for general information, and is not mortgage, legal, or tax advice. Loan products and rates vary by lender, and all terms come from the lender, never from this website.
