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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.

  • Wed, 11 Dec 2024 15:20:00 +0000: $925,000 :: 665 Devirian Place, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,308 sq ft
    Lot Size: 8,826 sq ft
    Added: 12/11/24, Last Updated: 12/11/24
    Property Type: Single Family
    MLS Number: SR24246877
    Community: Altadena
    Status: Active


    Welcome to 665 Divirian Place, a charming 3-bedroom, 2-bathroom single-level home nestled in the heart of Altadena. This property sits on an expansive 8,827 sq ft lot, offering endless potential for those with a vision. Even better, the owner has approved plans for a 2-bedroom ADU that will come with the home if desired. If you've been searching for a property with endless potential, this is your chance! Whether you want to renovate and resell, hold it as a long-term investment, or transform it into your dream home, this gem in a sought-after neighborhood has you covered. This home boasts a functional layout with plenty of natural light and a spacious backyard that invites creativity and customization. The home has Paid Off Solar & you'll enjoy the convenience of being near scenic hiking trails, local eateries, and community parks that make this area so special.Don't miss the chance to own a home with this much potential in a prime Altadena location. This one won’t last long — submit your offer and make it yours!

    Listed with Ruben Martinez CalDRE: 02014346 | 818-445-6147, RE/MAX 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/!


  • Tue, 10 Dec 2024 12:48:00 +0000: $1,199,000 :: 91 E Altadena Drive E, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 2 baths
    Home size: 1,839 sq ft
    Lot Size: 13,844 sq ft
    Added: 12/09/24, Last Updated: 12/10/24
    Property Type: Single Family
    MLS Number: P1-20208
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    The perfect Holiday Season gift is here!!This amazing single story Spanish Treasure sits on a 13,843 square foot lot!This 4 bedroom treasure at dusk lights up the sky with amazing views of the sunset! Don't forget to turn around to see the beautiful Mountains above! The great back yard is perfect for barbecues, maybe adding a swimming pool, a garden, an ADU..... The choice is yours! This property comes with a refrigerator, washer and dryer and stove! Join us for a wonderful visit of your new home!

    Listed with Gretchen Palmer CalDRE: 01707834 | (310) 874-6087, 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, 10 Dec 2024 10:38:00 +0000: $1,399,000 :: 1745 Grand Oaks Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,484 sq ft
    Lot Size: 8,939 sq ft
    Added: 12/10/24, Last Updated: 12/10/24
    Property Type: Single Family
    MLS Number: SB24237909
    Community: Altadena
    Status: Active


    Nestled beneath the majestic San Gabriel Mountains and boasting unobstructed views of Mount Wilson, this charming property located at 1745 Grand Oaks Ave. blends timeless character with modern conveniences. Situated on a lovely, tree-lined street in a highly sought-after neighborhood north of New York Drive, this home offers a peaceful retreat just minutes from vibrant Pasadena. Step inside to discover an open and light-filled floor plan with beautiful hardwood floors, updated finishes, and thoughtful design details throughout. The inviting living room, complete with a cozy fireplace, flows seamlessly into the dining area and kitchen, making it perfect for entertaining. The kitchen boasts stainless steel appliances, quartz countertops, and ample storage, while large windows frame the beautiful mountain views. There are three comfortable bedrooms, including the primary suite featuring an upgraded en-suite bathroom and an additional hallway bathroom, which has also been updated more recently. Located off of the enclosed porch, you’ll find two separate and spacious backyard areas with room to expand. This property features a detached garage, offering the potential for a workshop, studio, or ADU conversion. Located near Altadena’s hiking trails, parks, and local shops, this home truly has it all.

    Listed with Molly Graw CalDRE: 01234233 | 310-374-0303, Pacifica Properties Group, 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/!


  • Fri, 06 Dec 2024 17:49:00 +0000: $1,200,000 :: 3233 Lake Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 2,157 sq ft
    Lot Size: 9,205 sq ft
    Added: 12/05/24, Last Updated: 12/06/24
    Property Type: Single Family
    MLS Number: P1-20141
    Community: Altadena
    Status: Active


    Resting amongst the natural splendor of the San Gabriel Mountains and right across from beloved Charles Farnsworth Park, this single-story Altadena retreat awaits. With numerous trails nearby, here you'll enjoy a hiker's paradise and the perfect canvas to create your dream home. As you enter, the open-concept living and dining area provides a comforting welcome. This bright, inviting space effortlessly adapts to your needs--whether that's a quiet home cooked meal or a lively, catered dinner party where laughter echoes throughout. The generously-sized kitchen, with loads of cabinet space and a double oven, is plenty big for extra sets of hands during holiday meal prep. Tucked behind the kitchen you'll find a cozy office for at-home productivity. After a long day, each of the three bedrooms provides a serene retreat for relaxation, including one featuring the gentle glow of a fire in its stately brick fireplace. In the back of the home, you'll discover the massive family room where you can host memorable watch parties for your favorite series finales, or carve out a secluded guest suite that visiting loved ones adore. Outside, the fenced backyard is spacious and invites a bevy of outdoor activities, like tending to your precious tomato plants, or savoring a sunset glass of wine under the covered patio. Life is fuller when it's lived in a home that feels like a friend. 3233 Lake Ave is just that kind of place--one that embraces your story and enriches the chapters to come.

    Listed with Evangelyn Lin CalDRE: 01817694 | (626) 807-6581, eXp Realty of California, 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/!


  • Fri, 06 Dec 2024 17:22:00 +0000: $1,149,999 :: 453 Alberta Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,488 sq ft
    Lot Size: 5,759 sq ft
    Added: 08/28/24, Last Updated: 12/06/24
    Property Type: Single Family
    MLS Number: PW24178553
    Community: Altadena
    The price of this listing was last reduced on 12/6/2024 by 4%
    Status: Active


    Welcome to this beautifully remodeled Spanish-style home in desirable Altadena! As you step through the arched custom wood front door you'll discover a bright, airy, open-concept layout, complete with oversized windows and arched doorways. This property is full of character, featuring stylish built-in shelves and cabinetry. The dining room opens to an updated kitchen that offers plenty of cabinetry and counter space, along with newer appliances, including a range, dishwasher, refrigerator and a farmhouse apron sink. There’s also a nook that’s perfect for your coffee or beverage station. The charm and design of the home are complemented by quality materials throughout. The master suite boasts a remodeled bathroom, a spacious closet, and double French doors that open to a wooden deck leading to the backyard. Additional features include energy-efficient ductless split units for comfortable heating and cooling, as well as a generous backyard space. The property is just minutes away from the historic Rose Bowl, Brookside Golf Course, Rose Bowl Aquatics Center, Kidspace Museum, Old Town Pasadena, JPL, Cal Tech, the Pasadena Gold Line, and Paseo Colorado.

    Listed with Daniel Ko CalDRE: 02124290 | 714-261-3236, Bricxone 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/!


  • Fri, 06 Dec 2024 12:53:00 +0000: $1,695,000 :: 3758 Alzada Road, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,582 sq ft
    Lot Size: 12,337 sq ft
    Added: 10/16/24, Last Updated: 12/06/24
    Property Type: Single Family
    MLS Number: 24445699
    Community: Altadena
    The price of this listing was last reduced on 12/6/2024 by 5%
    Status: Active


    Right off Chaney Trails, this unique mid-century home is nestled in the base of the San Gabriel Mountains, a sought-after community that is known for its privacy, serenity, and nature. Easy access to multiple hiking trails including streams and Millard Falls. This beautifully updated 1960s mid-century home has premium finishes that are true to the mid-century style. New roof with the latest heat-reducing technology, new HVAC unit, new water filtration system, new tankless water heater, electrical, plumbing, and windows. Fully custom walnut kitchen with handmade Moroccan tile backsplash and premium appliances. The cozy den off the dining area has a vintage inspired fireplace, perfect for reading or a secondary living room. The exterior features a custom western cedar garage door. Outdoor landscaping offers hardscape and native plants for lower maintenance, and lower water consumption, mature trees provide shade year-round. Great indoor and outdoor space for entertaining anytime of the year.

    Listed with Stephanie Trevizo CalDRE: 02013528 | 323-612-9815, 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, 04 Dec 2024 22:17:00 +0000: $1,295,000 :: 2716 McNally Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 3 baths
    Home size: 2,052 sq ft
    Lot Size: 6,156 sq ft
    Added: 12/03/24, Last Updated: 12/04/24
    Property Type: Single Family
    MLS Number: P1-20110
    Community: Altadena
    Status: Active


    Don't Miss This One!Nestled in a peaceful, family-friendly neighborhood, 2617 McNally Avenue is located just below the breathtaking San Gabriel Mountains in highly desirable Altadena. This charming home offers a perfect blend of comfort, convenience, and style. Step into the formal living room, featuring a cozy wood-burning fireplace. The home boasts fresh interior paint throughout, hardwood floors, recessed lighting, with sleek kitchen quartz countertops. Home has 3 spacious bedrooms and 3 bathrooms. The highlight is the large master carpeted bedroom complete with a luxurious ensuite featuring a spa tub. An additional bonus room, added later, provides ample space for entertaining or family activities. Other features include central air and heat, and a spacious layout designed for modern living with a two-car detached garage (possible ADU Conversion). Conveniently located just minutes from local parks, hiking trails, shopping, dining, and Old Town Pasadena. Don't miss the opportunity to make this exquisite property your new home.

    Listed with Lynda Session CalDRE: 02087412 | (626) 533-4493, eXp Realty of Greater Los Angeles


    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, 04 Dec 2024 17:35:00 +0000: $1,578,000 :: 1117 Mount Lowe Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,152 sq ft
    Lot Size: 6,744 sq ft
    Added: 12/04/24, Last Updated: 12/04/24
    Property Type: Single Family
    MLS Number: CV24210717
    Community: Altadena
    Status: Active


    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 and storage space. 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 CalDRE: 01506646 | 909-589-8808, 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/!


  • Wed, 04 Dec 2024 16:46:00 +0000: $1,314,000 :: 1249 Sonoma Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,660 sq ft
    Lot Size: 9,470 sq ft
    Added: 12/04/24, Last Updated: 12/04/24
    Property Type: Single Family
    MLS Number: P1-20132
    Community: Altadena
    Status: Active


    This enchanting traditional home, graciously sited on a gentle knoll is perfectly located close to the Altadena Town & Country Club. There is a charming brick front porch and the front door opens to a proper entry with dining room to the right and living room to the left. The generously-sized living room features a stately brick fireplace with original built-ins on either side and a beautiful south-facing window, that overlooks recently updated drought tolerant front landscape. Across the hall, the sunny dining room also has views of the front yard. The adjacent kitchen has warm Saltillo tile floors and rich cobalt tile counters and features a light filled breakfast nook. Beyond the kitchen is the laundry room, a 3/4 bath, and a small bonus room that makes an ideal office. The west side of the house contains the private quarters and features 3 bedrooms and 1 full bathroom, including a large main bedroom with direct access to the office and a sliding door to the backyard. The remaining two bedrooms are well proportioned and the hall bath is thoughtfully situated between them. The substantial backyard has beautiful mountain views and there are endless possibilities for landscaping or to create your own urban farm. Completing the property is a detached garage that was converted by the current owner to a bonus room. Finally at the NE corner of the property is a tuff-shed that was used as an art studio. This inviting home has been well cared for and is the type of property that has space for everything. This is a wonderful opportunity to live in this outstanding Altadena neighborhood.

    Listed with Matt McIntyre CalDRE: 01844466 | (626) 943-7321, 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/!


  • Wed, 04 Dec 2024 15:04:00 +0000: $1,675,000 :: 1144 E Altadena Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 3 baths
    Home size: 2,375 sq ft
    Lot Size: 17,111 sq ft
    Added: 12/04/24, Last Updated: 12/04/24
    Property Type: Single Family
    MLS Number: P1-20130
    Community: Altadena
    Status: Active


    This handsome Craftsman home, built in 1920, is located on a professionally landscaped lot spanning over one-third of an acre. Its light-filled floor plan of approximately 1,920 square feet offers three bedrooms, one and three-quarter baths, spacious living room with fireplace, formal dining room, den and laundry room. The tastefully remodeled kitchen showcases ample custom cabinetry, quartz counters and new stainless appliances, plus an adjacent terrace well suited for outdoor dining. Authentic period details -- hardwood floors, multi-pane wood windows, lath and plaster walls, original built-ins and rich moldings -- are found throughout. Recent upgrades include central heat & air, fresh interior and exterior paint, copper plumbing, 200-amp electrical panel, updated wiring and newer drain lines. In the rear, the park-like yard is a tranquil oasis complete with mature trees, colorful plantings, raised beds and multiple seating areas. Fully fenced and extremely private, this expansive space is perfect for both urban farming and entertaining. There is also a permitted guest unit of more than 450 square feet that features new hardwood floors, private laundry and versatile potential for rental income, extended family quarters or a home office. Here is an unparalleled opportunity to own a beautiful compound in Altadena's sought-after Country Club neighborhood.

    Listed with Steve Haussler CalDRE: 00840777 | (626) 584-0050, 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/!


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