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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.

  • Thu, 01 May 2025 07:23:00 +0000: $1,600,000 :: 3353 Rubio Crest Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,083 sq ft
    Lot Size: 11,722 sq ft
    Added: 12/16/24, Last Updated: 05/01/25
    Property Type: Single Family
    MLS Number: SR24247004
    Community: Altadena
    Status: Active


    60's Charm in Rubio Highlands!This Rubio Highlands gem has been lovingly owned by the same family for over 45 years! Nestled in a truly unique location, this 4-bedroom, 2.5-bath home features a spacious, permitted enclosed patio (approximately 700 additional square footage), currently enjoyed as a family room and play area for the grandkids. Take in stunning views of the mountains or glimpses of city lights from nearly every room. The yard is thoughtfully outfitted with additional ironwork, offering a safe space for your furry friends. This well-maintained, cherished home is one you won’t want to miss!

    Listed with Nathalie Marles CalDRE: 01330558 | 818-248-9100, Berkshire Hathaway HomeServices Crest Real Estate


    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, 30 Apr 2025 18:49:00 +0000: $649,000 :: 596 Wapello Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    0 beds, 0 bath
    Home size: 0 sq ft
    Lot Size: 9,000 sq ft
    Added: 04/29/25, Last Updated: 04/30/25
    Property Type: Single Family
    MLS Number: P1-21986
    Community: Altadena
    Status: Active


    Residential Lot For Sale: This deep lot is located in the Marathon Heights neighborhood, North of Altadena Drive, just west of Lake Avenue. It is nestled under the surviving Deodar Trees of the beautiful Altadena Foothills. It offers the opportunity to build your dream home boasting mountain views and easy access to Lake Avenue retail shops, restaurants, the local Library, hiking trails, and parks. The Lot size is 50 wide and 180 deep per Assessor. The Eaton Fire destroyed the home. FEMA Phase 1 and Phase 2 Clean-Up's have been completed. Make this your opportunity to build your dream home today!

    Listed with Pete Whan CalDRE: 00943306 | (626) 278-4333, Pete Whan and Associates, Inc.


    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, 30 Apr 2025 11:47:00 +0000: $600,000 :: 2669 Glen Ave, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    0 beds, 0 bath
    Home size: 0 sq ft
    Lot Size: 7,035 sq ft
    Added: 04/07/25, Last Updated: 04/30/25
    Property Type: Single Family
    MLS Number: P1-21638
    Community: Altadena
    The price of this listing was last increased on 4/30/2025 by 15%
    Status: Active


    Under a mile to Good Neighbor Bar, enjoy the evening air coming and going to see friends. This Altadena lot places you close to everything that makes the neighborhood special, with quiet streets, beloved hiking paths, and local favorites along the Lincoln Avenue Corridor and in Mariposa Village. Currently, Altadena Community Standards allow for a gross structural area of up to 2,758 square feet. This limit does not include an additional allocation for a garage or ADU. Public records indicate the lost home was 1,371 square feet with 3 beds, 1 bath plus a detached 2 car garage. There is a standing unpermitted creative space in the west corner of the lot. This home was destroyed in the Eaton Fire, and the property is being sold as land only.

    Listed with Teresa Fuller CalDRE: 01315387 | (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/!


  • Tue, 29 Apr 2025 17:31:00 +0000: $2,995,000 :: 2011 Mar Vista Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    5 beds, 3 baths
    Home size: 3,840 sq ft
    Lot Size: 15,395 sq ft
    Added: 04/09/25, Last Updated: 04/29/25
    Property Type: Single Family
    MLS Number: 25521261
    Community: Altadena
    The price of this listing was last reduced on 4/29/2025 by 6%
    Status: Active


    A masterful blend of timeless elegance and modern refinement, this stunning 1916 Spanish Revival is a rare offering in Altadena's prestigious Country Club neighborhood. Stylishly restored, with interiors designed by Lacey Micallef, this 5-bedroom, 3-bathroom residence is a showcase of old-world craftsmanship and chic luxury. Set around a tranquil central courtyard, the home's exposed wood beams, casement windows, and original tile floors exude warmth and character. Custom built-ins and handmade designer tiles add to the artistry, while the sun-drenched and colorful living spaces seamlessly flow into a spacious chef's kitchen, where design meets modern functionality. The upstairs primary suite is a serene retreat featuring a spacious walk in closet and a private rooftop deck with breathtaking San Gabriel Mountain views. The spa-inspired en-suite bath boasts a grand soaking tub and exquisite tile work, creating a true sanctuary. Downstairs you'll find a second suite with serene views of the garden in addition to three more bedrooms. Recent updates, executed with impeccable attention to detail, include stained glass embedded doors, lovely picture windows bringing in the light throughout, newer roof, 3-zone HVAC, updated plumbing, 220 electrical panel and a lined chimney. Nestled on a lush 1/3 acre lot, the landscaped grounds are dotted with native oaks, fragrant roses, and mature fruit trees, offering a picturesque setting for entertaining or quiet relaxation. Step through elegant French doors onto the moonlit patio, where al fresco dining and fabulous soirres feel effortless. This meticulously maintained historic estate is a statement of timeless sophistication, offering the opportunity to own a piece of Altadena's architectural legacy.

    Listed with Katrina Webb-McNeil CalDRE: 01397129 | 323-387-8011, 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/!


  • Tue, 29 Apr 2025 10:24:00 +0000: $1,400,000 :: 1920 Maiden Lane, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 2 baths
    Home size: 1,818 sq ft
    Lot Size: 8,839 sq ft
    Added: 04/29/25, Last Updated: 04/29/25
    Property Type: Single Family
    MLS Number: CV25083594
    Community: Altadena
    Status: Active


    Welcome to this charming semi-custom single-story, now hitting the market for the first time! Nestled in a peaceful neighborhood, this home boasts stunning gardens both in the front and back. The spacious living room offers versatility while the comfortable bedrooms provide a cozy retreat. The main suite features French doors leading to a private enclosed patio, perfect for relaxation, and the lushly landscaped backyard is an ideal space for entertaining, complete with a large veranda off the family room. Don’t miss your chance to make this lovely home yours!

    Listed with Rob Titus CalDRE: 01829273 | 626-205-4040, 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/!


  • Sun, 27 Apr 2025 12:18:00 +0000: $1,695,000 :: 400 E Calaveras Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 1,820 sq ft
    Lot Size: 10,185 sq ft
    Added: 10/24/24, Last Updated: 04/27/25
    Property Type: Single Family
    MLS Number: SR24220816
    Community: Altadena
    The price of this listing was last reduced on 4/27/2025 by 0%
    Status: Active


    This gorgeous mid century modern home has everything you're looking for. This home boasts an open floor plan, kitchen with beautiful quartz countertops, stainless steel appliances, beautiful wood flooring, recessed lighting through out. New HVAC and plumbing were installed last year. Tankless water heater. This home sits on a corner lot with over 10,000 square feet of space. This is the perfect home to build an ADU on. We have plans upon request available.

    Listed with Christian Saco CalDRE: 02030844 | 661-568-6060, HomeSmart Evergreen 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, 24 Apr 2025 13:53:00 +0000: $950,000 :: 834 Morada Place, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 963 sq ft
    Lot Size: 7,732 sq ft
    Added: 04/24/25, Last Updated: 04/24/25
    Property Type: Single Family
    MLS Number: AR25087874
    Community: Altadena
    Status: Active


    Move-In Ready with Expansion Potential in Desirable R2 Zone! Recently upgraded and ready to welcome you home, this charming residence is nestled on a spacious 7,731 sq ft lot in a sought-after R2 zone—offering incredible potential for growth. Thoughtfully renovated, the home features a brand-new kitchen, modern bathroom, new flooring, recessed lighting, updated windows and doors, a new water heater, and central AC for year-round comfort.The flexible floor plan includes a dedicated dining area that can easily be transformed into a third bedroom or home office. Enjoy modern convenience with an EV charger installed in the garage. The R2 zoning opens the door to exciting possibilities: add a second home and two ADUs (Accessory Dwelling Units), creating a unique opportunity for multi-generational living or maximizing rental income. Don’t miss out on this rare blend of turnkey comfort and future development potential!

    Listed with Shenyuan Guo CalDRE: 02274650 | 626-888-9808, Pinnacle 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, 24 Apr 2025 11:31:00 +0000: $1,425,000 :: 1691 Coolidge Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,860 sq ft
    Lot Size: 9,444 sq ft
    Added: 04/11/25, Last Updated: 04/24/25
    Property Type: Single Family
    MLS Number: CV25080515
    Community: Altadena
    The price of this listing was last reduced on 4/24/2025 by 7%
    Status: Active


    CLASSIC ALTADENA TRADITIONAL w/ AWE INSPIRING VIEWS! Available for the first time in decades, this is your opportunity to own in one of Altadena's most sought after areas. Nestled within the coveted Presidential Streets, this single story home sits atop an elevated lot with tons of curb appeal. Brick elevation & beautiful landscaping help create a sense of warmth and welcome as you enter this great home. The formal living area offers a fireplace and a large bay window that frames the magnificent San Gabriel Mountains perfectly. The dining area sits between the kitchen and the spacious family room. The kitchen offers tile counters, recessed lights, a breakfast nook and convenient access to the laundry room. The middle bedroom offers direct access to a 3/4 bath. The rear bedroom is nicely sized and features a slider that goes out to the backyard. The lot is 9,444 sqft, but it feels so much larger! The yard can be enjoyed as is, however, if you've been wanting to build out an ADU, or create your own organic garden or maybe build the pool of your dreams, it can be done here! Working from home or maybe you want your own craft room or private gym? Well, there's an additional room to the rear of the garage that can be whatever you desire! The gated driveway will accommodate several cars, an R/V or a boat! Other upgrades to note: newer dual pane windows, new electrical panel, new HVAC unit and solar panels to help with the power bills. This is the home you've been waiting for! Set up an appointment to see this special home before it's to late!

    Listed with Christopher Cervantez CalDRE: 01430875 | 909-227-5833, 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/!


  • Wed, 23 Apr 2025 17:40:00 +0000: $1,200,000 :: 608 Stonehurst Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 2 baths
    Home size: 1,906 sq ft
    Lot Size: 6,844 sq ft
    Added: 04/22/25, Last Updated: 04/23/25
    Property Type: Single Family
    MLS Number: AR25067007
    Community: Altadena
    Status: Active


    Discover the perfect blend of charm and comfort in this charming 4-bedroom, 2-bathroom home, ideally situated in the heart of Altadena. With 1,906 square feet of thoughtfully designed living space, this home delivers the perfect balance of style and functionality to meet your every need.As you step inside, you're greeted by an inviting atmosphere and a layout that flows seamlessly from one space to the next. With a family room that serves as the heart of the home, with ample space to host lively family gatherings or to transform it into a cozy recreation retreat for relaxation, hobbies, or movie nights. Step outside into the serene backyard, where you'll find a versatile space perfect for outdoor entertaining, gardening, or unwinding at the end of a long day. Whether hosting summer barbecues or simply enjoying the fresh air, this outdoor space is sure to impress.This home is located in a highly desirable Altadena neighborhood, combining timeless charm with modern convenience, this property is not just a house—it’s a place to call home. Don’t miss out on this opportunity to make it yours! Welcome home!

    Listed with Jeanneth Madrid CalDRE: 02139850 | 626-445-5500, 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/!


  • Wed, 23 Apr 2025 15:52:00 +0000: $1,950,000 :: 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: 04/23/25
    Property Type: Single Family
    MLS Number: 25529369
    Community: Altadena
    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 CalDRE: 01900114 | 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/!


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