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.
- Fri, 26 Jul 2024 12:12:00 +0000: $989,000 :: 2195 Casitas Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 1,174 sq ft
Lot Size: 6,125 sq ft
Added: 07/26/24, Last Updated: 07/26/24
Property Type: Single Family
MLS Number: SR24153777
Community: Altadena
The price of this listing was last increased on 7/26/2024 by 1%
Status: Active
Experience the warmth and character of this beautifully remodeled home in the charming city of Altadena. As you enter, you are greeted by a spacious living room with a cozy fireplace, ideal for gatherings. This home boasts 3 bedrooms, each with custom built-in closets, and 2 fully renovated bathrooms. The kitchen sparkles with brand new appliances and a stunning timeless remodel. Step out onto the deck, overlooking the backyard which provides the perfect space for outdoor dining and entertaining. Hosting gatherings is made easy with multiple dining and play areas in the backyard, complete with fresh landscaping and new trees for added privacy on the corner lot. Updates include new plumbing and an AC unit. Conveniently located next to Jackson Elementary School and John Muir High School. With easy access to the 210 freeway, Rose Bowl, Prieto Canyon, Old Town Pasadena, Brookside Golf Course, and more. Don't miss the chance to transform this delightful property into your own oasis!
Listed with Mariella Soto CalDRE: 02194936 | 818-989-2000, Equity Union
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, 26 Jul 2024 05:14:00 +0000: $1,150,000 :: 345 Figueroa Drive, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 1,884 sq ft
Lot Size: 8,412 sq ft
Added: 05/29/24, Last Updated: 07/26/24
Property Type: Single Family
MLS Number: PTP2403098
Community: Altadena
Status: Active
Welcome home to this spacious 3 bedroom 2 bath home. The property has gorgeous floors and a large family room waiting for you to make lifelong memories. The fully cemented backyard gives endless possibilities for adding an ADU or turning it into the backyard paradise you’ve always dreamed of. There is an attached bonus studio that can be used as a guest suite.
Listed with Apiphany Williams CalDRE: 02132491 | 619-906-1907, Titan Heritage
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, 25 Jul 2024 17:19:00 +0000: $1,800,000 :: 902 Wapello Street, Altadena CA, 91001 - Altadena - Homes for Sale
4 beds, 3 baths
Home size: 2,507 sq ft
Lot Size: 11,439 sq ft
Added: 07/25/24, Last Updated: 07/25/24
Property Type: Single Family
MLS Number: P1-18647
Community: Altadena
Status: Active
Timeless Simplicity meets Contemporary SophisticationThis stunning multi-level home, inspired by the best of late mid-century modern design, boasts soaring lines and an architectural interest that captures both the eye and the imagination. Dramatic lines and open spaces create an airy, expansive feel. Multi-level living with a unique floor plan offers privacy and versatility for every lifestyle. This late mid-century inspired home is flooded with natural light. Enjoying the serenity of Altadena, the home features views of the mountains and the San Gabriel Valley. Designed with four bedrooms and a flexible floor plan, the home offers a myriad of options, adaptable to many styles of living. Walk along the front path through the meandering water-wise garden, smelling the fragrance of gardenia and lavender amidst a beautifully professionally landscaped garden. The entrance opens to a dramatic split staircase and soaring ceilings. On this level are two bedrooms and a bathroom that offer a living option for extended family. The spacious front bedroom with cork flooring functions as a family room with a wet bar. The hall full bathroom serves both bedrooms and as a guest bathroom. The well designed kitchen features a 6 burner Viking range and stainless steel appliances. With lots of cabinetry and counter space, including a movable island, the space is well-designed. A walk-in pantry is steps away.The upper level with soaring ceilings is flooded with natural light from dramatically placed windows that afford spectacular views. The spacious great room features a conversation area around a fireplace flanked by bookshelves. Light streams into the dining room from geometric windows. Two sliders afford access to a full dining deck with vistas of the entire San Gabriel Valley. A few steps lead to an open light-filled loft area: perfect as a home office or guest room.The lower level features two bedroom suites that have beautiful wood floors and sleek, newly remodeled bathrooms. Both suites have access to private patios and the beautiful backyard. The primary suite features a walk in closet and a romantic fireplace. Step outside to enjoy the multiple patios for relaxing in the serenity of the private backyard oasis with views of the Valley below. Meandering walkways lead to the heated pool with waterfall. Artist's/recording studio plus a large side yard for a garden or an ADU. Views! Not just a place to live--it's a dream come true!
Listed with Nancy Valentine CalDRE: 01305369 | (818) 259-4270, Nancy Valentine, Broker
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, 25 Jul 2024 14:44:00 +0000: $1,148,000 :: 2986 Bargen Way, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 1,537 sq ft
Lot Size: 6,944 sq ft
Added: 07/25/24, Last Updated: 07/25/24
Property Type: Single Family
MLS Number: 24418035
Community: Altadena
Status: Active
New England beach house meets California bungalow in this uplifting Altadena compound. Wind your way through a lush front garden of citrus and native plants to the inviting L-shaped porch, where you'll relax and marvel at the mountain views as your worries melt away. Inside the main house, a light-filled living room introduces you to warm, oak wood flooring and classic crown molding throughout. The dining area opens to an expansive kitchen featuring hand-built custom cabinetry, a Wedgewood stove and counter space galore for the chef of the household. Wainscoting and claw-foot tubs bring an elegant charm to both bathrooms, and the finished attic provides ample opportunity for a 4th bedroom or office. Your primary bedroom's French doors lead to a big backyard with multiple areas for outdoor living, dining and play. The partially soundproofed garage has been used as a music / recording studio, screening room and guest house, with a bonus bathroom and upstairs living space, plus dual mini-split A/C. Practical upgrades include tankless water heater, copper & ABS piping and more. Nature lovers will cherish nearby hiking trails, and the property is situated near Lincoln Avenue hot spots like Home State, Stumptown Coffee, Perry's Joint and West Altadena Wine. An ideal haven in a wonderful setting!
Listed with Ellen Philips CalDRE: 01945741 | 323-559-3048, Sotheby's 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/! - Thu, 25 Jul 2024 11:38:00 +0000: $1,148,888 :: 1117 Dolores Drive, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 1,186 sq ft
Lot Size: 6,574 sq ft
Added: 07/08/24, Last Updated: 07/25/24
Property Type: Single Family
MLS Number: AR24138161
Community: Altadena
The price of this listing was last increased on 7/25/2024 by 4%
Status: Active
Timeless 1927 Bungalow in Altadena – 3 Bed, 2 Bath, 1186 Sq FtStep into the past while enjoying modern comfort with this charming 3-bedroom, 2-bathroom bungalow in Altadena. Built in 1927, this 1,186 square foot home exudes character and warmth, perfect for those who appreciate historical elegance.As you enter, you're welcomed by a spacious living room that features original hardwood floors and abundant natural light. The cozy fireplace serves as a focal point, creating a warm and inviting atmosphere. Adjacent to the living room is the dining area, ideal for family gatherings and dinner parties.The kitchen retains its vintage charm with well-maintained cabinetry and updated appliances, blending old-world style with contemporary functionality. Each of the three bedrooms offers ample space and comfort, making them perfect for family members or guests. The bathroom, with its classic fixtures, adds to the home's timeless appeal.Outside, the detached garage provides versatile options for parking, storage, or a potential workshop. The expansive backyard invites endless possibilities – from gardening to creating an outdoor entertaining space.Situated in the heart of Altadena, this home offers the perfect balance of serene suburban living and convenient urban access. Nearby, you'll find a variety of local shops, restaurants, parks, and highly-rated schools, making it an ideal location for families and professionals alike.Don't miss your chance to own this piece of Altadena history. Schedule your private showing today and experience the unique charm and character of this delightful bungalow.
Listed with Alston Thomas CalDRE: 02163365 | 626-806-5224, CA Flat Fee Listings, 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/! - Thu, 25 Jul 2024 08:44:00 +0000: $1,650,000 :: 163 E Loma Alta Drive, Altadena CA, 91001 - Altadena - Homes for Sale
4 beds, 2 baths
Home size: 2,200 sq ft
Lot Size: 10,359 sq ft
Added: 07/25/24, Last Updated: 07/25/24
Property Type: Single Family
MLS Number: CV24140799
Community: Altadena
Status: Active
Modern Comfort Meets Classic Charm in Renovated Altadena Home Nestled on a culdesac, this fully renovated 4-bedroom, 2-bathroom home in Altadena offers more than 2200 sqft. of sophisticated living space with numerous bonus areas. Located on a generous 10,000 sq. ft. lot, this two-story home is perfect for families and entertaining. The open-concept main floor features a spacious living room with ample natural light. The kitchen boasts new stainless steel appliances, quartz countertops, and a stylish backsplash. Adjacent is a cozy dining area, perfect for intimate dinners or larger gatherings. Four well-appointed bedrooms and two updated bathrooms provide comfort and style. The expansive backyard is a highlight, offering a large patio and lush landscaping, with room for a pool, garden, or play area. There’s also a prime opportunity for an ADU, enhancing the property's versatility. The home includes a solar PPA for increased energy efficiency and savings. This charming Altadena home is conveniently located near parks, schools, shopping, and dining. Don’t miss your chance to own this beautifully renovated home. Schedule your tour today!**Exclusive financing is available for this property. Rates start at 4% * Must cross-qualify with Kim Rangel from the Kim and JR Mortgage Team to qualify for the special financing offer **
Listed with Xandrea Garay CalDRE: 02120562 | 888-584-9427, 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/! - Wed, 24 Jul 2024 21:25:00 +0000: $1,399,000 :: 249 Jaxine Drive, Altadena CA, 91001 - Altadena - Homes for Sale
4 beds, 2 baths
Home size: 1,532 sq ft
Lot Size: 8,643 sq ft
Added: 07/06/24, Last Updated: 07/24/24
Property Type: Single Family
MLS Number: 24411911
Community: Altadena
Status: Active
Are you on the lookout for a charming property with amazing potential in a great location? Look no further than 249 Jaxine Dr., nestled in the serene Chaney Trail neighborhood of Altadena, CA 91001. Whether you're a buyer or a seller, this property presents an exciting opportunity. For potential buyers, this lovely residence offers not just a home, but a promise of a brighter, more comfortable future. Nestled close to the scenic Chaney Trail, an ideal spot for those who enjoy hiking and outdoor activities, this property stands out with its excellent location. With a spacious layout, it is perfect for both relaxation and entertaining. What makes 249 Jaxine Dr. particularly special is the potential to enhance and personalize the space to better meet your needs. The backyard is recently completed with paving, gazebo, pergola and jacuzzi, which provides great covered seating areas on sunny days and entertaining family and guests. Newer double pane windows, sliding doors, and exterior paint. The property comes complete with approved plans to remodel and expand the kitchen and add a new bathroom, allowing you to add your personal touch and truly make it your own. For investor sellers, this property is a gem to showcase. The approved renovation plans can significantly enhance the value and appeal of the home. Highlighting its proximity to Chaney Trail, great community vibes, secluded location and the potential for customization can attract a wide array of potential buyers. It's a lucrative opportunity to present a property that not only boasts charm and location but also promises future growth and satisfaction for its new owners. From a mortgage perspective, the ability to buy a home that already includes approved plans for enhancements is a significant advantage. It streamlines the process of obtaining funds for renovations, often leading to more favorable loan terms. Buyers can potentially wrap the costs of remodeling into their mortgage, managing their finances more effectively while increasing the property's value. 249 Jaxine Dr. in Altadena is not just a potential new address; it's a robust investment in a vibrant and scenic community. Whether you're buying or selling, or navigating mortgage options, this property offers substantial possibilities that are hard to overlook. Don't miss the chance to be part of such a promising opportunity in the heart of Altadena. Must See to Appreciate!!! By appointment only. Please do not disturb occupants!!!
Listed with Terrance Scotton CalDRE: 01707848 | 844-878-3261, UR TEAM Real Estate 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/! - Wed, 24 Jul 2024 16:38:00 +0000: $1,350,000 :: 340 E Altadena Drive, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 1,542 sq ft
Lot Size: 8,486 sq ft
Added: 07/24/24, Last Updated: 07/24/24
Property Type: Single Family
MLS Number: P1-18629
Community: Altadena
Status: Active
Welcome to 340 E Altadena Drive, a charming mid-century home built in 1950, offering a perfect blend of vintage charm and modern potential. This delightful property features a thoughtfully designed floor plan, ideal for comfortable living and entertaining. As you enter, you are greeted by a spacious and inviting living area with beautiful hardwood floors and a cozy fireplace, creating a warm and welcoming atmosphere. The generously sized den provides a perfect space for relaxation or a home office and features a convenient door leading to the backyard, making it easy to enjoy indoor-outdoor living. The galley kitchen, designed for efficiency, offers ample storage and counter space, making meal preparation a breeze. While the two full bathrooms have not been updated, they retain their classic charm, offering a wonderful opportunity for personalization. The home boasts three generously sized bedrooms, each filled with natural light, providing a peaceful retreat for family and guests alike. Step outside to discover a beautifully landscaped yard adorned with enchanting moon gates over the front entry and leading to the backyard, adding a touch of elegance and whimsy to the landscape. The garden includes vibrant orange and lemon trees and fragrant plumeria, creating a serene oasis for relaxation and enjoyment. The backyard also features a large patio with a built-in Santa Maria style grill and an outdoor fireplace, perfect for outdoor dining and entertaining, while the inviting swimming pool offers a refreshing escape on warm days. The property also features leased solar panels, providing energy efficiency and cost savings for the environmentally conscious homeowner. Additional features include a basement for extra storage or potential expansion and a two-car garage with ample driveway space for additional parking. Don't miss the opportunity to own this charming home with endless possibilities, all set in a beautiful and tranquil setting. Schedule your private tour today!
Listed with Sarah Moore CalDRE: 01166814 | (626) 230-6661, Engel & Voelkers Pasadena
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, 24 Jul 2024 14:11:00 +0000: $1,395,000 :: 1823 New York Drive, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 1,666 sq ft
Lot Size: 8,002 sq ft
Added: 07/24/24, Last Updated: 07/24/24
Property Type: Single Family
MLS Number: P1-18626
Community: Altadena
Status: Active
Located in the always desirable Northeast Altadena, this beautifully restored home is perfectly situated on a spacious 8,000 square foot lot. A welcoming front porch with French doors to the Dining Room is perfect for an early morning cappuccino. This gorgeous English home boasts two bedrooms and one Bath, along with a permitted Guest House. Great care has been taken to preserve the architectural integrity and old-world charm of this home while updating it with modern amenities. One of the numerous upgrades in this home includes a custom designed Chef's kitchen by Vengo Design Int., specific to the era, which includes custom cabinetry, as well as Italian cement floor tiles. The Nest thermostat system, along with hand built custom gates and a new garage door, help to make day to day living that much easier. Much charm can be found in the original casement windows, with period specific hardware, a functional Batchelder style fireplace, and original redwood doors with vintage hardware. The restored bath boasts a Grohe Thermostatic shower system, along with a cast iron tub with a romantic arch above as well as original built-in cabinetry. The flooring is red oak and has been refinished. The landscaping has been completely redone, along with new irrigation, allowing for that effortless indoor/ outdoor Southern California lifestyle. Freshly painted inside and out, with soothing neutral colors, this home is truly move in ready. The updated Guest House is absolutely perfect for whatever your needs are: a home office, guest, or art studio! Don't miss seeing this home-it's the one you've been waiting for.
Listed with Brian Sprock CalDRE: 01222699 | (626) 233-3322, 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/! - Wed, 24 Jul 2024 10:11:00 +0000: $1,499,000 :: 2081 Lewis Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
4 beds, 3 baths
Home size: 1,942 sq ft
Lot Size: 11,779 sq ft
Added: 04/10/24, Last Updated: 07/24/24
Property Type: Single Family
MLS Number: 24378679
Community: Altadena
The price of this listing was last reduced on 4/29/2024 by 12%
Status: Active
This 1917 Craftsman bungalow is situated on a friendly block in central Altadena, boasting views of the San Gabriel mountains and palm trees. Classic river rock pillars welcome you onto a peaceful front porch, set back from the large, flat, grassy front yard. The home maintains its original hardwood floors and river rock fireplace, while the floor plan has been opened up for a brighter and more contemporary feel. In addition to the main home's three bedrooms, the spacious den offers extra space to relax and the California basement gives you extra storage. The main home's deck looks out over the generously sized pool and spa, and across the way is an adorable and independent guest house. The guest house features two entrances, offering privacy for you and your guests, and direct access to the pool. 2081 Lewis Ave is conveniently located and nearby neighborhood favorites like Cafe de Leche, Miya on Lake, The Rancho, Amara Kitchen, Altadena Beverage, Seed Bakery, Roma Market, and a wide variety of hiking trails to the north and shopping and dining options to the south.
Listed with Stephen Clark CalDRE: 01482283 | 626-788-3013, Backbeat Homes
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/!
