California just hit a new home price record, but Pasadena has been living in that reality for a while. The statewide median home price climbed to $914,810 in April, Pasadena Now reported, citing new data from the California Association of Realtors. At the same time, Pasadena’s median sale price reached nearly $1.3 million in March, about 37 percent higher than the statewide benchmark and well above Los Angeles County’s $845,410 median in April, which was down 0.6 percent from a year prior. Statewide home affordability ticked up modestly as 22 percent of households could afford a median-priced home in the […]
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