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Altadena Real Estate Market Report – June and July 2013

Altadena Real Estate Market Report – June and July 2013


Altadena homes are selling!  Altadena was relatively unknown when I first started my real estate career.  Not any more.  Many buyers researching the area have found this wonderful community.  Just few minutes from Pasadena and around the corner from JPL, Rose Bowl, and the beautiful views of the mountains, Altadena should definitely be on the list for buyers looking to live near City of Pasadena.  That all being said, lets look at the statistics from June and July.

Altadena June 2013
Number of homes sold:  38 properties (30 sold at list or over)

Average size:  1,886 Sq/Ft

Average price per Sq/Ft:  $372.41

Average days on the market:  54 days

Average cumulative days on the market:  57 days

Average original price:  $692,311

Average sale price:  $696,292

Average sale price to listing price percentage:  101.80%

The lowest priced home sold was 570 Royce Street.  3 Bedrooms and 2 Bathrooms.  1,018 Sq/Ft.  Lot size 10,104 Sq/Ft.  Built in 1924.  It was listed at $330,000 and sold at asking price.  This home sold in a day.

The highest priced home sold was 2397 Highland Avenue.  4 Bedrooms and 4 Bathrooms.  3,078 Sq/Ft.  Lot size 15,984 Sq/Ft.  Built in 1911.  It was listed at $1,295,000 and sold at $1,450,000.  List price to sold price percentage was 111.97%.  This property also sold quickly (nine days after listed).

Altadena July 2013

Number of homes sold:  55 properties (40 sold at list or over)

Average size:  1,819 Sq/Ft

Average price per Sq/Ft:  $383.88

Average days on the market:  55 days

Average cumulative days on the market:  88 days

Average original price:  $673,453

Avereage sale price:  $674,951

Aaverage sale price to listing price percentage:  102.64%

The lowest priced home sold was a condo at 2104 Raymond Ave. Unit #1.  2 Bedrooms and 2 Bathrooms.  1,068 Sq/Ft.  The original list price was $199,000 and sold at $220,000.  It went into contract in 15 days.  110.55% selling price to list price.

The highest priced home sold was 2030 Pinecrest Drive.  3 Bedrooms and 4 Bathrooms.  3,548 Sq/Ft.  Lot size 18,353 Sq/Ft.  The original list price was $1,700,000 and closed at $1,465,000.

**Information and statistics from I-Tech MLS

Search for all active MLS listings here!

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