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Altadena Market Report November & December 2011

Altadena Real Estate Report- November:  In November, stats were down for Sale VS Sold, Avg Price per SF, AVG Price for Sale and Sold, and months of inventory compare to October.

There were total of 123 homes for sale.

There were 32 new listings.

24 homes were sold.

26 homes went into escrow/pending status.

Months of inventory based on closed sale was 5.1.

Months of inventory based on pended sale was 4.7.

Average active listing price was $438,000.

Average sold listing price was $410,000.

Average square foot price was $285.00.

Average days on market was 46 days.

Median home price was $375,000.

Altadena Real Estate Report- December:  We will look at how the market has done the last two weeks in December.  The statistics below are generated through December 15, 2011.

Active Listings:

There are currently 93 active listings.

The least expensive listing is priced $187,900 – 2155 Summit Avenue.

Photo courtesy of Joe Hernandez, Re/Max Execs WLA

2155 Summit Avenue, Altadena, CA

The most expensive listing is priced $1,645,000 – 1999 Braeburn Road.

Photo courtesy of Daniel Garcia, Prudential CA Realty

1999 Bradburn is listed for sale in Altadena.

Back Up and Pending Listings:

There are total of 15 listings that are back up/pending.

There were 10 new listings as of 12/1/2011.

Sold Listings:

There were total of 9 listings that closed escrow.

The average sold price was $576,389.

The average days on the market was 38 days.

Lowest price home was sold at $430,000, 8 days on the market – 2862 Maiden Lane.

Photo courtesy of Nancy Reggian, Re/Max Tri-City

2862 Maiden Lane sold for 430,000 in Altadena.

Highest priced home was sold at $969,999, 2 days on the market – 1942 Pepper Street.

Photo courtesy of Meg Middleman, Dilbeck Real Estate

1941 Pepper St. in Altadena sold for $969,999.

*Statistics and information from Itech MLS and Trendsvisions.

Are you a homeowner/buyer in Altadena?  Are you interested in buying or selling a home in Altadena?  Why not begin your home search here.  Start your Altadena Home Search with us.   



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