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.
- Wed, 13 Jan 2021 21:05:00 +0000: $550,000 :: 3132 Ridgeview Drive, Altadena CA, 91001 - Altadena - Homes for Sale
2 beds, 1 bath
Home size: 736 sq ft
Lot Size: 6,391 sq ft
Added: 01/12/21, Last Updated: 01/13/21
Property Type: Single Family
MLS Number: BB21007287
Community: 604 - Altadena
Status: Active
This prime neighborhood location home is the cheapest per foot in Altadena. You get to fix it up YOUR way. YOUR kitchen, YOUR floors, YOUR paint colors, YOUR tile and countertop preferences. A perfect first time buyers home. A perfect home for the buyer that wants things done their way. A perfect home for the flipper that wants to cash in on the HOT market with historically low rates. Your Dream home is no longer a dream it’s at 3132 Ridgeview Drive in beautiful Altadena. This house is burned. Sale as it is. All offers will be submitted. This will sell fast!
Listed with Edith Rothstein CalDRE: 01737945, 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/! - Wed, 13 Jan 2021 19:05:00 +0000: $1,298,000 :: 2644 Marengo Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 2,477 sq ft
Lot Size: 10,019 sq ft
Added: 11/20/20, Last Updated: 01/13/21
Property Type: Single Family
MLS Number: P1-2385
Community: 604 - Altadena
Tract: Not Applicable
The price of this listing was last reduced on 1/13/2021 by 4%
Status: Active
2644 Marengo Drive is an exceptional mid-century post and beam home located in beautiful Altadena. This three-bedroom, two-bathroom home has been updated with the finest finishes. Throughout the home, you'll find beautiful hardwood floors and large sliding glass doors allowing the outdoors to flow seamlessly in and a welcoming open floor-plan that lends itself to hosting. The gourmet Chef's kitchen is absolutely stunning! Complete with floor to ceiling custom cabinetry, professional-grade Thermadore appliances, and Ceasarstone countertops, it gets no better than this! The generously sized master suite includes a remodeled master bathroom and two closets providing all the space you'll need. The handsomely designed backyard is truly an entertainer's paradise with multiple vignettes for hosting.
Listed with Jermayne Shannon CalDRE: 01519726, 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, 12 Jan 2021 22:14:00 +0000: $950,000 :: 3635 Leilani Way, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 2,012 sq ft
Lot Size: 7,841 sq ft
Added: 01/06/21, Last Updated: 01/12/21
Property Type: Single Family
MLS Number: P1-2877
Community: 604 - Altadena
Tract: Not Applicable
Status: Active
Welcome to this retreat-like, mid-century ranch built in 1949. The serene three bedroom, two bath residence is located in a quiet neighborhood, tucked at the base of our magnificent foothills. The home's light-filled floor plan features three bedrooms, two baths and a spacious living room with a cozy, sunken decorative fireplace. The family room, wrapped in windows, has a tall ornamental fireplace of its own as well as a loft bedroom above with a private deck. The tastefully remodeled kitchen offers custom cabinetry, quartz counters, stainless appliances, a breakfast bar and a skylight. Additional amenities include a newer roof, fresh paint, generous storage, a side patio with a built-in barbecue area, a large utility room and a carport. This is a wonderful opportunity to own an expansive home in a serene, park-like setting adjacent to miles of verdant trails. The setting is incredible and showcases plentiful vistas from almost every room. The numerous windows frame views of the neighboring canyon and the majestic San Gabriel Mountains. Don't miss this amazing opportunity to call this hidden Altadena treasure your home.
Listed with Dhari Thein CalDRE: 01403784, deasy penner podley
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, 12 Jan 2021 21:14:00 +0000: $849,000 :: 2831 Fair Oaks Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
2 beds, 1 bath
Home size: 1,173 sq ft
Lot Size: 8,460 sq ft
Added: 12/30/20, Last Updated: 01/12/21
Property Type: Single Family
MLS Number: AR20264774
Community: 604 - Altadena
Status: Active
Historic charm meets modern living in this Altadena urban oasis. Inside you will find a light-filled bungalow with two bedrooms, a bonus room (currently used as a third bedroom), original hardwood floors, and elegant fixtures. Watch the world go by as you relax with your morning beverage on your front porch in view of the mountains. Enjoy hot summer days by the backyard pool. Soak up some warmth from the hot tub on those cooler evenings, or watch the sun set while curled up by your backyard fire pit. In close proximity to coffee shops, restaurants, hiking trails, and JPL, this may just be the place that you will call home.
Listed with Tara Del Bosco CalDRE: 01985112, Sothebys International 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, 12 Jan 2021 15:53:00 +0000: $1,125,000 :: 2247 Glen Canyon Road, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 1,647 sq ft
Lot Size: 9,584 sq ft
Added: 01/12/21, Last Updated: 01/12/21
Property Type: Single Family
MLS Number: P1-2878
Community: 604 - Altadena
Tract: Not Applicable
Status: Active
Welcome to this gracious traditional, in a sought-after neighborhood, that exudes character and elegance throughout. The picture-perfect house, with exceptional curb appeal, sits perched on a gentle knoll overlooking the beautiful natural vistas. The house has three bedrooms, two remodeled baths, an inviting formal dining room and a light-filled interior with rich wood floors, custom built-ins, a stately fireplace and high-end finishes. The residence has been lovingly maintained and updated so as to offer the grace of the era as well as the modern amenities of today. Highlights include spacious, sunlit bedrooms, spa-like bathrooms as well as French doors that frame views of the incredible outdoor patio. There is also a renovated kitchen with glass fronted cabinetry and stainless steel appliances. The charming kitchen, with laundry area, steps out to the park-like backyard that is an entertainer's dream. The deep, expansive yard has been painstakingly landscaped and features a veranda that offers an idyllic place to have your morning coffee or dinner al fresco with family. At the rear of the property is another quiet, shaded patio retreat, surrounded by fruit trees, that showcases sweeping views of our majestic San Gabriel Mountains.Don't miss this incredible property that offers the best of the Southern California lifestyle.
Listed with Dhari Thein CalDRE: 01403784, deasy penner podley
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, 12 Jan 2021 08:22:00 +0000: $1,649,000 :: 3100 Rubio Canyon Road, Altadena CA, 91001 - Altadena - Homes for Sale
4 beds, 3 baths
Home size: 2,641 sq ft
Lot Size: 10,019 sq ft
Added: 11/06/20, Last Updated: 01/12/21
Property Type: Single Family
MLS Number: P1-2276
Community: 604 - Altadena
Tract: Not Applicable
The price of this listing was last reduced on 1/12/2021 by 3%
Status: Active
This beautiful Spanish style home located in the highly coveted neighborhood of Altadena, was built in 2004. Spectacular mountain views with a well designed floor plan makes this residence perfect for any family configuration. The first floor features an open great room design with a beautiful kitchen with center island, custom wood cabinets, and granite countertops. The adjacent family room features a fireplace with a raised hearth. There is a main floor bedroom that can also be used as a home office, and has direct access to the secluded and well maintained backyard. There are three well appointed bedrooms on the second floor with two full bathrooms. The master suite opens to a charming rooftop deck overlooking the beautifully landscaped yard on one side, and the mountains on the other side - a perfect place to begin your morning with a cup of coffee, or at the end of the day viewing the spectacular sunset.
Listed with Suzanne Hazel CalDRE: 01806362, Sotheby's International Realty, 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/! - Mon, 11 Jan 2021 18:38:00 +0000: $849,000 :: 1900 N Craig Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
2 beds, 1 bath
Home size: 1,238 sq ft
Lot Size: 7,406 sq ft
Added: 01/11/21, Last Updated: 01/11/21
Property Type: Single Family
MLS Number: P1-2869
Community: 604 - Altadena
Tract: Not Applicable
Status: Active
A charming two bedroom, one bath 1,238 square foot traditional that exudes grace and character throughout. The welcoming home, in one of Altadena's most sought-after neighborhoods, is light and bright with an ideal floor plan for entertaining. The house has all of the enchantment of the era with its custom built-ins, an elegant fireplace, stepped ceilings, hardwood floors and lovely period details. There is a sun-lit, galley style kitchen with an inviting, adjoining dining room that leads out to the full length back porch and raised lawn. The property has idyllic curb appeal and mountain views. The rear, shade dappled patio and yard offers the perfect space for celebrating with friends or for quiet dinners under the stars. In addition, the two-car garage, with an expansive laundry room, has been converted to a bonus space with loft that can be used as an office, Zoom room or fitness area. Opportunities abound! This is a picturesque residence that would be a true pleasure to call home!
Listed with Dhari Thein CalDRE: 01403784, deasy penner podley
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, 08 Jan 2021 15:04:00 +0000: $979,999 :: 82 E Las Flores Drive, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 1,445 sq ft
Lot Size: 9,492 sq ft
Added: 01/08/21, Last Updated: 01/08/21
Property Type: Single Family
MLS Number: DW21004565
Community: 604 - Altadena
Status: Active
Welcome to this Gorgeous 3Bed 2bath home located on a tranquil tree-lined street in the hill's of Altadena. The home offers new floors and crown molding throughout to the on-trend color palette, brand new roof, beautiful kitchen you can overlook the living and dining room while enjoying the suite of new appliances along with the new granite counter tops. Don't forget the generous master suite with a large closet and a master bath, a separate shower and bath tub, and access to your personal balcony. The deep lot provides a large backyard for activities! Property will no Last!
Listed with Steven Padilla CalDRE: 00957274, Century 21 A Better Service
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, 07 Jan 2021 17:36:00 +0000: $868,000 :: 2099 El Sereno Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
5 beds, 2 baths
Home size: 2,003 sq ft
Lot Size: 8,712 sq ft
Added: 09/07/20, Last Updated: 01/07/21
Property Type: Single Family
MLS Number: P1-1149
Community: 604 - Altadena
Tract: Not Applicable
Status: Active
Great opportunity for a homeowner or investor to own two beautiful California Cottage fixers with loads of potential. Located in a desirable area of Altadena very close to JPL, DTLA, Old Town Pasadena, and major grocery stores and shops. Front house features 3 beds, 1 bath, dining room, large porch, washer and dryer hookups and a private backyard. Back house features 1 bed + 1 office den currently used as a storage, 1 bath, a huge private backyard, washer and dryer hookups. Recent permitted upgrades on both houses include plumbing systems and new water heaters! Current tenants are month to month. Both properties are in decent condition but need cosmetic updates.
Listed with Diego Kropman CalDRE: 01985467, 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/! - Thu, 07 Jan 2021 15:33:00 +0000: $850,000 :: 2128 Maiden Lane, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 1,292 sq ft
Lot Size: 9,584 sq ft
Added: 12/14/20, Last Updated: 01/07/21
Property Type: Single Family
MLS Number: P1-2708
Community: 604 - Altadena
Tract: Not Applicable
Status: Active
Early Arts and Crafts bungalow with extra spacious wrap-around front porch on huge lot on quiet street with no across street houses. Single level with hardwood floors (some protected under carpet), built-ins, original windows. Heavy front door with beveled glass panes into living room with fireplace, boxed beam ceiling, picture rails and picture window views to front porch and yard. Classic craftsman entry into dining room with wainscoting, boxed beam ceiling picture rails and picture window with mountain views. Bedrooms and bath are accessed from anteroom featuring built-in linen storage. Highlights of bedrooms include hardwood floors, large windows, Craftsman moldings and large closets. Classic bathroom with glass brick wall and ample storage. Kitchen features abundant light and space for eat-in table and chairs. Large, private back yard with patios, fruit trees, lawn and access to laundry/storage room and half bath. Room for dog run in large, fenced side yard. 2-car garage with workshop space and overhead storage. California basement accessed through storm hatch for easy access to EQ-bolted foundation.
Listed with Dennis Finnerman CalDRE: 01700576, 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/!
