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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.

  • Mon, 28 Sep 2020 23:09:00 +0000: $1,299,000 :: 1924 Craig Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,494 sq ft
    Lot Size: 8,212 sq ft
    Added: 09/28/20, Last Updated: 09/28/20
    Property Type: Single Family
    MLS Number: SB20203564
    Community: 604 - Altadena
    Status: Active


    Situated in an absolutely charming neighborhood, this English style home looks like it was taken directly from a painting. With sprawling mountain views, nearby hiking trails, the Eaton Canyon Nature Center and more this home is will fill you with warmth. As you step into this charmer, you notice the abundance of natural light, wonderful living area with wood burning fireplace, hardwood floors and built in window bench. As you progress through the home you'll notice your formal dining area as well as your wonderful breakfast nook. A spacious kitchen, laundry area, three large bedrooms, a recently renovated full bath and a charming half bath complete your first floor. On the second level you have your spacious master suite with built in office space. But wait, there's more. Step foot outside to your serene garden complete with brick patio, waterfall and picturesque mountain views. The over-sized detached garage has room for two cars and a workshop/additional storage area. Recent upgrades include updated electrical panel and wiring, copper plumbing, new central air conditioning system and earthquake retrofitting. Photos will be uploaded completely on Thursday, showings to begin Friday 10/2/20. Please view the previous sale of this property for additional details.

    Listed with Andrew Weber CalDRE: 01984823, Re/Max Estate Properties


    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/!


  • Mon, 28 Sep 2020 19:09:00 +0000: $3,295,000 :: 1422 E Palm Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 5 baths
    Home size: 5,187 sq ft
    Lot Size: 905,612,400 sq ft
    Added: 07/12/20, Last Updated: 09/28/20
    Property Type: Single Family
    MLS Number: P0-820002671
    Community: 604 - Altadena
    Tract: Not Applicable
    The price of this listing was last reduced on 9/28/2020 by 6%
    Status: Active


    Come be romanced by this 1928 authentic Spanish Revival 3-story home. Set at the end of a cul-de-sac, down the flowered drive past the bubbling fountain, you are drawn into the 2-story entry way, with its old-world charm of a coffered ceiling, crystal chandelier and hand wrought iron railings. Captivating details continue in the step-down formal living room with grand arched windows, plastered crown molding and original fireplace. Be delighted by the adjoining balcony as the perfect place for outdoor dining while hearing the soothing sounds of cascading water from the nearby koi pond. Enjoy mountain views from the formal dining room. You'll be tempted to cook in the large eat-in kitchen designed for entertaining. Venture upstairs to find 4 bedrooms and 3 baths, balcony off the master. Downstairs: a family room, bath, large laundry room, library and spacious game room, (or home offices). Beautiful tile throughout. A long back driveway parks many cars below a canopy of oak trees. Take pleasure in the serene courtyard-like setting that surrounds the pool, with tile mural. Cross the generous bridge that spans a river rock drainage channel, no longer in use, to the lush resort-like yard, that feels like an acre, with outdoor kitchen. Thoughtfully updated.

    Listed with Sarah Rogers CalDRE: 01201812, 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/!


  • Mon, 28 Sep 2020 11:58:00 +0000: $710,000 :: 3000 Glen Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    3 beds, 1 bath
    Home size: 1,509 sq ft
    Lot Size: 8,037 sq ft
    Added: 09/28/20, Last Updated: 09/28/20
    Property Type: Single Family
    MLS Number: 20621606
    Community: 604 - Altadena
    Status: Active


    Restore this home located in the foothills of Altadena, with 3 bedrooms and 1 bathroom. Buyer to verify and investigate local and state requirements for remodeling inquiries. Home is in original condition.

    Listed with Lanisha Stubbs CalDRE: 01505051, Keller Williams Inglewood


    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, 25 Sep 2020 09:13:00 +0000: $3,375,000 :: 1884 Midlothian Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 5 baths
    Home size: 4,035 sq ft
    Lot Size: 32,670 sq ft
    Added: 07/14/20, Last Updated: 09/25/20
    Property Type: Single Family
    MLS Number: P0-820002709
    Community: 604 - Altadena
    Tract: Not Applicable
    Status: Active


    BACK ON MARKET...BUYER COULD NOT PERFORM. Located on the most prominent street in Altadena is this stunning, 1949 Harold Bissner midcentury designed estate. Re-imagined in 2007 by Stephen Slan, VIA Architects, masterfully weaving timeless architecture w/great detail and a refined use of materials.Walnut hrdwd flrs, walnut blt-ins, limestone, terrazzo and Ann Sacks tiles, Fleetwood windows & doors. Gated 3/4 ac with a dazzling backdrop of the San Gabriel Mtns this 1-sty home has contemporary sophistication on a human scale, a seamless transition of indoor/outdoor embodies the California lifestyle.A curved wall entry creates formality, opening to the Great Room consisting of the living room, dining room and library area with a soaring ceiling, wall of glass and spectacular views. The kitchen opens to the brkfast and media rooms, with a 12 ft island & top of the line appliances. Cabinetry in all three rooms is Poliform.Mst suite is in a wing unto itself, sumptuous Mst BA, dressing area, FPL & vistas of the pool/gardens. 2 well-appointed BRs and 1 BA are in the other side of this wing, a separate suite is in another wing.Gorgeous, gated & walled, park-like grounds include patios, pool & pool pavilion.This exceptional home offers tranquility, beauty & all the conveniences to shelter in place.

    Listed with Robin Stever CalDRE: 00916653, 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, 24 Sep 2020 13:06:00 +0000: $649,000 :: 493 E Altadena Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,852 sq ft
    Lot Size: 10,015 sq ft
    Added: 09/24/20, Last Updated: 09/24/20
    Property Type: Single Family
    MLS Number: SR20199976
    Community: 604 - Altadena
    Status: Active


    Multiple offers. Best & Final offers due no later than noon on Monday, October 5th.Conservatorship sale, court confirmation required. Calling all contractors and developers. FIXER. Tremendous potential awaits you in this 3 bedroom home. The large (10,013 sq ft) lot offers the opportunity for expansion and/or possible ADU. Set up back from the street you enter into the large living room with a coved ceiling, lots of windows and fireplace. Large formal dining room. Large kitchen and separate laundry room. There is a partial basement entered off the kitchen. Requires all cash buyer as financing may not be available due to property condition.

    Listed with Susan Bernstein CalDRE: 01068367, Rodeo 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/!


  • Tue, 22 Sep 2020 14:55:00 +0000: $1,399,800 :: 2048 Sinaloa Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 4 baths
    Home size: 2,706 sq ft
    Lot Size: 8,712 sq ft
    Added: 08/19/20, Last Updated: 09/22/20
    Property Type: Single Family
    MLS Number: P0-820003312
    Community: 604 - Altadena
    Tract: Not Applicable
    The price of this listing was last reduced on 9/22/2020 by 3%
    Status: Active


    Gorgeous, turn-key home with a detached multipurpose ADU. Solar powered, single level and in the Altadena Country Club area. The main home has 3 generous in-suite bedrooms and a fantastic Great room for family gatherings including a gourmet kitchen with an entertainer's island. The ADU is 700 sq ft and includes 3 separate rooms that can be used for many purposes...(office, music room, guest bedroom) also with a beautiful bathroom and step-in shower + extensive attic storage space.. The full renovation of both the home and the ADU was completed in early 2019. A wonderful, private patio/courtyard separates the home from the ADU in the rear of the property and is adjacent to a nice size, shaded back yard. This gorgeous home is certain to go quickly. Call to schedule a viewing soon!

    Listed with Bryn DeJardin CalDRE: 01955853, Berkshire Hathaway HomeServices California Properties


    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, 22 Sep 2020 05:57:00 +0000: $1,380,000 :: 3024 Zane Grey, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 2,264 sq ft
    Lot Size: 22,647 sq ft
    Added: 09/18/20, Last Updated: 09/22/20
    Property Type: Single Family
    MLS Number: WS20194239
    Community: 604 - Altadena
    Status: Active


    Beautiful city view from San Gabriel Mountains to Catalina Island, the house comes with a gorgeous designed front landscape.  Lifetime warrantied asphalt roof, doors and windows by Milgard, tankless hot water heater, and copper plumbing. Walkable distance to the Altadena Crest Trail Zane Grey Trailhead hike, great for daily walks and exercises.  The interior of the house is surrounded by high-end restoration hardware blinds and bathroom fixtures.  Three bedrooms and two bathrooms with a spacious living room, family room, and kitchen; the floor plan flows perfectly for relaxation and entertainment. The Master bedroom comes with a master bathroom with jack and Jill and Venetian mirrors.  Newly painted walls in both bathrooms.  Dreamy spacious walk-in closet with great storage space and well-organized drawers and cabinets.   The entire home is filled with bright natural lights from the huge sliding doors and windows with Milgard, along with nicely positioned skylights.  Spacious back yard with great barbecue area and top-notch city view.  Lots of storage space and an attached garage which adds even greater value to the property. Located in the amazingly quiet neighborhood of Altadena, yet within a close radius to Pasadena with a lot of great restaurants, entertainment, and shops.

    Listed with ANNA WU CalDRE: 02080390, EASTAR 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/!


  • Sat, 19 Sep 2020 19:53:00 +0000: $969,900 :: 654 Ventura Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 1,767 sq ft
    Lot Size: 8,621 sq ft
    Added: 09/18/20, Last Updated: 09/19/20
    Property Type: Single Family
    MLS Number: IV20196371
    Community: 604 - Altadena
    The price of this listing was last increased on 9/19/2020 by 2%
    Status: Active




    Listed with MARIA NAVARRO CalDRE: 01227134, REAL ESTATE ONE


    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, 19 Sep 2020 13:04:00 +0000: $899,000 :: 2086 Maiden Lane, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 2 baths
    Home size: 1,569 sq ft
    Lot Size: 10,773 sq ft
    Added: 09/11/20, Last Updated: 09/19/20
    Property Type: Single Family
    MLS Number: 320003229
    Community: 604 - Altadena
    Tract: Not Applicable-604 (NA604)
    The price of this listing was last reduced on 9/19/2020 by 3%
    Status: Active


    Location, privacy, and huge lot! Located in one of the most desirable neighborhoods in Altadena, just north of New York Drive. This beautiful home offers 4 bedrooms & 2 bathrooms. It features a formal living room, den with fireplace, 9ft ceilings with crown moldings, custom kitchen that offer ample countertops, tile flooring in the living room, den, dining room, recess lights throughout the home. The property sits on a huge lot zoned for an additional unit or ADU, which has a beautiful long concrete driveway that has space for RV parking, and several cars. Sprinkler systems with new heads. This home offers outstanding curb appeal, privacy and is move in ready!

    Listed with Linda Orfali CalDRE: 01454607, Keller Williams R.E. Services


    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, 18 Sep 2020 22:46:00 +0000: $1,725,000 :: 3718 Sunset Ridge Road, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 3 baths
    Home size: 3,196 sq ft
    Lot Size: 19,602 sq ft
    Added: 09/18/20, Last Updated: 09/18/20
    Property Type: Single Family
    MLS Number: P1-1366
    Community: 604 - Altadena
    Tract: Not Applicable
    Status: Active


    This rare single-level floor plan in the gated community of La Vina features magnificent living space perfect for entertaining.The grand entry with high ceilings leads to an oversized hallway with views to the canyon and mountains beyond. With Southern exposure, the light and bright formal living room and dining area include soaring ceilings, built-ins and a fireplace with custom designed marble surround. The beautifully updated kitchen sparkles with a newer center island, stainless steel appliances, built in wine rack. Open to the kitchen, the inviting family room is accented with a custom designed marble wall with fireplace and built-in tv. Top this great room off with spectacular views and access to year round outdoor living in the backyard. This floor plan provides two separate wings; one with the primary suite and the other with two bedrooms. The primary suite will be your grand retreat with two walk-in closets, luxurious bathroom with dual sink areas, French doors leading to the backyard and an additional room that can be a gym, office or nursery. The second wing brings two additional bedrooms that share a full bathroom. The office/den, laundry room and two car garage complete the floor plan. Escape to your own private retreat; bask in the morning sun with a cup of coffee while watching the sun rise and take in the stunning mountain views. Enjoy hiking while also being minutes from the Rose Bowl, Old Pasadena, restaurants, shops and entertainment. Welcome Home!

    Listed with Megan Ferrell CalDRE: 01705291, 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/!


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