How common are price cuts in Pasadena?
Built from Allen Markel's own listing data · Texas Premier Realty ·
Short answer
About 40% of the 258 homes for sale in Pasadena right now have had at least one price cut. Across the last 12 months the monthly share of sellers who cut ran from 20% to 54%, and 11% to 31% relisted to reset the clock.
How many sellers cut
Price cuts show how often the first asking price met the market. In Pasadena, 103 of 258 active homes (40%) have a reduction. By month, the share of sellers cutting ranged from 20% to 54%. The share that relisted ranged from 11% to 31%.
What it means for buyers and sellers
For buyers, a reduction can be a signal about seller flexibility, but each home has its own story. For sellers, a first price that draws showings in the first weeks is usually worth more than a cut later. Every buyer and seller in Pasadena is weighing a different set of trade-offs, and waiting to decide is often the costliest choice. For a pricing strategy in Pasadena, talk to us to find the right option for your circumstances.
| Measure | Value |
|---|---|
| Active homes | 258 |
| Active homes with a price cut | 103 (40%) |
| Lowest monthly share of sellers who cut | 20% |
| Highest monthly share of sellers who cut | 54% |
| Lowest monthly share of sellers who relisted | 11% |
| Highest monthly share of sellers who relisted | 31% |
Common follow-up questions
What counts as a price cut?
Any reduction from the original list price while the home is on the market.
Should I always offer less on a home with a price cut?
Not automatically. The right offer depends on the home, the comparable sales and your circumstances.
Sources
Talk it through with Allen
A short call can turn a general answer into one for your address, your timeline and your numbers.
Related questions
What is the median home price in Pasadena?
Homes that sold in Pasadena over the last six months had a median sale price of $245,000, about $154 per square foot, on 438 closed sales.
Read answerAre home prices in Pasadena going up or down?
For Pasadena, the answer is mixed. In 5 of the last 12 months the median sale price was above the same month a year earlier, and in 7 it was below.
Read answerHow many homes are for sale in Pasadena and in which price bands?
Pasadena has 253 homes for sale right now, which is about 3.6 months of supply at the recent pace of sales. By price band that is 187 Under $300K, 57 $300K to $500K, 13 $500K to $750K and 1 $750K+.
Read answerHow long does it take to sell a home in Pasadena?
In Pasadena, homes that sold in the last 12 months averaged between 67 and 101 cumulative days on the market, depending on the month, and the 258 homes for sale now have been listed for an average of…
Read answerIs Pasadena a buyer's market or a seller's market?
By months of inventory, Pasadena is a seller's market right now: 3.6 months of supply, with 253 homes for sale against 438 sales in the last six months.
Read answerHow many homes sell in Pasadena each month?
About 764 homes closed in Pasadena in the 12 months to August 2026, an average of 64 a month, with 86 in August the busiest month and 35 in January the quietest.
Read answer
Answers describe transactions and public data. They are not legal, tax or financial advice.