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Altadena Real Estate Third Quarter of 2012

Altadena Real Estate Report from July 2012 through September 2012

The months of July, August and September are busy real estate months in Altadena.  We shall see how Altadena scored in the third quarter of 2012.

In July, we had 59 homes for sale, and 48 new listings were introduced to the market.  August was 52 homes and 38 new listings.  September, the for sale went up to 62 homes and 48 new listings.

Total of 111 homes went into escrow.  Total of 102 homes were sold in the 3rd quarter.  There were less than two months of inventory.

The average active price ~ July/ $846,000, August/ $753,000, September/ $712,000.

The average original list price ~ July/ $527,000, August/ $513,450, September/ $676,600.

The average square feet price ~ July/ $334, August/ $309, September/ $286.

17 properties were sold at/or over list price in July and September.

28 properties were sold at/or over list price in August.

Market Trend Data:

Date July 2012 August 2012 September 2012
For sale 59 52 62
New listings 48 38 48
Pended 33 36 42
Sold 31 37 34
Month of inventory based on closed sale 1.9 1.4 1.8
Absorption rate based on closed sale (%) 52.5 71.2 54.8
Average Active price $846,000 $753,000 $712,000
Average Sold Price $521,000 $511,000 $625,000
Average Sq. Ft. Price $334 $309 $286
Sold to original list pricedifference (%) 99 100 92
Average Days on Market 55 64 86
Median Price $480,000 $425,000 $445,000
Highest Price $965,000 $1,450,000 3,975,000
Lowest Price $263,000 $225,555 $265,000

The least expensive home sold:

Month Address Bed/Bath SQ FT Lot Size Year
July 2508 La Venzia ($263,000) 2/1 1003 3228 1926
August 2206 Spaulding($225,555) 2/1 878 4927 1041
September 140 W Terrace($265,000) 3/1 1196 6558 1923

The highest priced home sold:

Month Address Bed/Bath SQ FT Lot Size Year
July 2150 Holliston($965,000) 4/4 3076 18,596 1911
August 3917 Lilac Canyon ($1,450,000) 6/6 5128 7524 2001
September 1369 E Altadena ($3,975,000) 7/8 12,828 68,953 1915

As I mentioned in the last Market Trend Report, there are many buyers looking to purchase a home.  The low inventory is making it very challenging for many first time home buyers, especially dealing with multiple offer situations and competing with all cash buyers.  I recommend working with your Realtor in writing a strategically prepared offer.  Lastly, make sure you have a homebuyer’s consultation.  The education you obtain from the usually free, no obligation, consult will allow you to make smart decisions and eliminate surprises during the escrow period.

Register for free to get all the listings from the Multiple Listing Service right here.

  • Sat, 14 Jun 2025 15:00:00 +0000: $600,000 :: 389 W Mendocino Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    0 beds, 0 bath
    Home size: 0 sq ft
    Lot Size: 9,745 sq ft
    Added: 06/13/25, Last Updated: 06/14/25
    Property Type: Single Family
    MLS Number: P1-22748
    Community: 604 - Altadena
    Status: Active


    With Phases 1 & 2 complete, welcome to a rare opportunity to rebuild your dream home in the scenic foothills of Altadena--one of Los Angeles County's most cherished neighborhoods. Set on a peaceful, tree-lined street with breathtaking mountain views, this property offers a blank canvas filled with promise and potential. The original home, which faced south, was lost in the January 2025 Eaton Fire, the property still offers a great setting, with a backyard that is situated towards the beautiful foothill mountains to the north. Imagine designing a custom home that reflects your unique vision--complete with a lush garden, sparkling pool, or even an ADU for extended living or rental income. Whether you're an end-user ready to build your forever home or a developer seeking a rewarding investment, this flat rectangular parcel invites you to be part of Altadena's inspiring renewal. Come build not just a home, but a legacy--bringing beauty, life, and warmth back to this beloved neighborhood. Property sold as land value only, the property previously had access to all utilities. Drive by only, do not access the property.

    Listed with Yennis Wong CalDRE: W | 626-316-3318, Berkshire Hathaway Home Servic


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Sat, 14 Jun 2025 14:22:00 +0000: $1,799,000 :: 1603 New York Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 4 baths
    Home size: 2,100 sq ft
    Lot Size: 8,081 sq ft
    Added: 04/23/25, Last Updated: 06/14/25
    Property Type: Single Family
    MLS Number: 25529369
    Community: 604 - Altadena
    The price of this listing was last reduced on 6/14/2025 by 8%
    Status: Active


    Welcome to this completely reimagined 3-bedroom, 4-bathroom gem in the heart of Altadena. Set on a generous 8,080 sq ft lot, this 2,100 sq ft home effortlessly blends timeless craftsmanship with modern luxury. Step inside to an open, light-filled layout featuring gleaming hardwood floors, all-new doors and windows and marble fireplace. Every detail has been meticulously curated with custom marble finishes and handcrafted mosaic tiles throughout. The chef's kitchen is a showstopper, outfitted with a gorgeous center island, brand new upscale appliances and designer finishes, ideal for both everyday living and entertaining. Don't miss this rare opportunity to own a fully renovated home in one of Altadena's most desirable neighborhoods.

    Listed with Antranik 'Andy' Hairabedian | 626-318-0907, The Agency


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Fri, 13 Jun 2025 12:10:00 +0000: $535,000 :: 509 W Altadena Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    0 beds, 0 bath
    Home size: 1,064 sq ft
    Lot Size: 8,264 sq ft
    Added: 05/06/25, Last Updated: 06/13/25
    Property Type: Single Family
    MLS Number: AR25100445
    Community: 604 - Altadena
    The price of this listing was last reduced on 6/13/2025 by 3%
    Status: Active




    Listed with Robert Farrell CalDRE: W | 626-470-7981, Coldwell Banker Realty


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Thu, 12 Jun 2025 20:28:00 +0000: $499,000 :: 192 Wapello Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    0 beds, 0 bath
    Home size: 0 sq ft
    Lot Size: 6,609 sq ft
    Added: 06/12/25, Last Updated: 06/12/25
    Property Type: Single Family
    MLS Number: P1-22727
    Community: 604 - Altadena
    Tract: Not Applicable
    Status: Active


    Set against the serene backdrop of Altadena's foothills, this 6,606 sq ft lot offers a rare opportunity to build anew in a peaceful and established neighborhood. Once home to a charming 4-bedroom, 2-bath residence spanning over 2,000 sq ft, the property is now a blank canvas following the Eaton Canyon Fire. With Phase 1 and Phase 2 of the site cleanup already completed, this lot is primed for its next chapter. Whether you're a builder, investor, or visionary homeowner, the setting offers potential for a fresh start with mountain views and a quiet, community-oriented feel. All previous utility connections existed on-site; however, buyers are advised to verify restoration needs with LA County and relevant agencies. This as-is sale requires buyers to conduct their own due diligence, including matters related to site clearance, hazardous material removal, and environmental remediation. This is a chance to reimagine and rebuild in one of Altadena's most scenic corners--close to nature, yet minutes from city convenience.

    Listed with Jason Berns | 626-826-4544, Keller Williams Realty


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Thu, 12 Jun 2025 19:38:00 +0000: $1,399,000 :: 1117 Mount Lowe Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 2 baths
    Home size: 2,152 sq ft
    Lot Size: 6,744 sq ft
    Added: 12/04/24, Last Updated: 06/12/25
    Property Type: Single Family
    MLS Number: CV24210717
    Community: 604 - Altadena
    The price of this listing was last reduced on 6/8/2025 by 9%
    Status: Active


    Major Price Improvement... Most Desirable Street in Altadena. Welcome to this beautifully preserved Spanish-style home, built in 1928 and brimming with character, the first time on the market since its construction. Nestled in one of North Altadena's most desirable neighborhoods, this property offers a perfect blend of historic charm and modern comforts. Featuring 4 spacious bedrooms and 3 bathrooms, this 2,152 sq ft residence boasts original architectural details, including stunning hardwood floors and plaster walls that provide excellent insulation. The layout includes Two primary bedrooms"”one conveniently located on the main floor and another upstairs, ensuring flexibility for families or guests. The inviting family room is perfect for gatherings, while the formal dining room and cozy breakfast nook provide ideal spaces for entertaining. The home also includes a basement for additional storage or creative use. Step outside to enjoy the scenic views of far-off city lights and the peaceful ambiance of the quiet neighborhood. Just across from the home, you'll find the historic Mt. Lowe Railway Path, a picturesque walking trail and decorative greenbelt, perfect for leisurely strolls. Additional features include a rare oversized 3-car garage, providing ample parking, storage space or possibly an ADU. This property truly embodies the charm of Altadena living, making it a must-see! Don't miss your chance to own a piece of history in this coveted location *See Our Virtual 3D Tour* & **See Our Video Marketing**

    Listed with Abraham Prattella | 909-851-9953, AGENCY 8 REAL ESTATE GROUP


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Thu, 12 Jun 2025 18:50:00 +0000: $700,000 :: 383 Alta Pine Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 1,929 sq ft
    Lot Size: 10,011 sq ft
    Added: 05/28/25, Last Updated: 06/12/25
    Property Type: Single Family
    MLS Number: DW25119409
    Community: 604 - Altadena
    Status: Active


    Tucked in the middle of peaceful cul-de-sac in north Altadena, this expansive 10,010 SF flat lot offers a rare opportunity to build a new home in a serene, nature-rich setting. Formerly home to a 1,929 SF residence with 4 bedrooms and 2 bathrooms, the property was lost in the Eaton Fire. Today, it stands fully cleared and build-ready, with the concrete driveway and pool still intact. Phase 1 and Phase 2 debris removal have been completed by the Army Corps of Engineers. Surrounded by a tranquil neighborhood and just moments from scenic hiking trails, parks, and the many amenities of Pasadena, this location blends quiet residential charm with convenience and lifestyle. All utilities were previously connected"”buyers to verify current status with local providers. Land value only. Drive-by only"”do not access the property. Due to its status as a burn site, the lot is being sold strictly as-is. Buyers are advised to independently verify all zoning, rebuilding, and permitting requirements with Los Angeles County and relevant agencies. All information is deemed reliable but not guaranteed. Buyer to perform their own due diligence regarding future development, lot size, neighborhood designation, school zoning, utilities, and other factors. Don't miss this chance to reimagine and rebuild in the heart of beautiful Altadena.

    Listed with Alberto Hernandez | 213-509-2807, ehomes


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Thu, 12 Jun 2025 16:04:00 +0000: $875,000 :: 2243 Casitas Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,358 sq ft
    Lot Size: 7,388 sq ft
    Added: 03/19/25, Last Updated: 06/12/25
    Property Type: Single Family
    MLS Number: RS25060626
    Community: 604 - Altadena
    The price of this listing was last reduced on 6/12/2025 by 3%
    Status: Active


    ********HUGE PRICE REDUCTION******** This beautifully maintained home is nestled in a great area in Altadena. The home has a very nice layout. There's a large living room with a designated dining area. Off the kitchen, is a quaint space for reading or extended living space. This property has 3 nice size bedrooms and 2 full bathrooms that have been tastefully remodeled. There is a primary ensuite with a walk in closet. You'll love the added convenience of an indoor laundry space. Step out to the backyard and you'll appreciate the serene partially covered patio and the well manicured lawn. This property shows pride of ownership. It is a must see.

    Listed with John Gonzales | 323-839-6550, FL Capital Realty


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Thu, 12 Jun 2025 09:43:00 +0000: $599,000 :: 1137 E Mariposa St St, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    0 beds, 0 bath
    Home size: 0 sq ft
    Lot Size: 8,042 sq ft
    Added: 05/15/25, Last Updated: 06/12/25
    Property Type: Single Family
    MLS Number: P1-22266
    Community: 604 - Altadena
    The price of this listing was last reduced on 6/12/2025 by 11%
    Status: Active


    Situated in one of Altadena's most desirable neighborhoods, this lot offers a rare opportunity to build your dream home on a quiet street, surrounded by intact neighboring homes. Located in the heart of Altadena, 1137 E Mariposa provides convenient access to the community's most treasured landmarks: the country club, library, golf course, Christmas Tree Lane, and Mariposa Junction. It's also just minutes from popular hiking trails and all that neighboring Pasadena has to offer. The backyard features original hardscape elements, including a decorative tile pool, separate in-ground jacuzzi, spacious patio, and basketball court. The garden that once surrounded the pool was home to a variety of plants, many of which remain today, including a mature palm and plumeria tree. Set at the end of a shared driveway, the lot offers a private and peaceful atmosphere with a strong sense of seclusion. This was once the site of a mid-century, 4 bedroom, 3 bath home with 2,410 square feet of living space on an 8,040-square-foot lot. With Phase 2 debris removal complete, the site is cleared and ready for its next chapter. Currently, Altadena Community Standards allow for a gross structural area of up to 3,010 square feet. This limit does not include an additional allocation for a garage or ADU. The property is being sold as land only.

    Listed with Teresa Fuller | 626-483-0710, COMPASS


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Wed, 11 Jun 2025 13:59:00 +0000: $1,549,000 :: 2577 Boulder Road, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2.25 baths
    Home size: 2,320 sq ft
    Lot Size: 8,856 sq ft
    Added: 05/11/25, Last Updated: 06/11/25
    Property Type: Single Family
    MLS Number: P1-22184
    Community: 604 - Altadena
    The price of this listing was last reduced on 6/11/2025 by 9%
    Status: Active


    Incredible opportunity in the country club area of Altadena. This Monterey Colonial was built in 1932 and features three large bedrooms and three baths in 2320sf. Many original details remain, including a stepdown living room, fireplace, and two bathrooms with their original tile and fixtures. Additional features include hardwood floors throughout the home, an expansive front porch, French doors that lead to a large rear patio with pergola, and a generous back yard. Please note this home survived the Eaton fires of January 7. The property has gone through a thorough interior and exterior remediation process including the phase 2 debris removal. There is no garage.

    Listed with Kevin Bourland | 213-407-4754, COMPASS


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Wed, 11 Jun 2025 01:15:00 +0000: $895,000 :: 3095 Casitas Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 3 baths
    Home size: 1,140 sq ft
    Lot Size: 14,606 sq ft
    Added: 06/09/25, Last Updated: 06/11/25
    Property Type: Single Family
    MLS Number: GD25129641
    Community: 604 - Altadena
    Status: Active


    Set back from the street on a verdant 14,518 sq. ft. lot, this single-story country cottage offers a tranquil retreat that feels worlds away from city life"”yet remains conveniently located. Surrounded by mature trees that provide natural shade throughout the summer months, the property invites you to slow down and enjoy the peaceful, pastoral setting. Inside, the home has preserved its timeless charm, featuring a wood-burning brick fireplace in the cozy living room and original wood cabinetry in the kitchen, complete with Colonial-style T-hinges and a vintage stove. A dedicated laundry room is located just off the kitchen for added convenience. A detached two-car garage and expansive yards offer endless possibilities"”from gardens and outdoor entertaining to creative expansions or accessory dwellings. The deep lot, tree canopy, and quiet surroundings make this a truly special place to call home. This listing is part of a rare multi-property offering along a shared driveway easement. Also available for sale: A 2-bedroom home with 804 sq. ft. of living space on a 16,750 sq. ft. lot and a 3-bedroom home with 1,790 sq. ft. of living space on an 18,744 sq. ft. lot. Ideal for multi-generational living, investment opportunities, or creating your private compound, this is a unique chance to own a piece of Altadena's hidden charm.

    Listed with Janette Ledea | 626-242-3244, Re/Max Tri-City Realty


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


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