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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.

  • Sat, 10 Apr 2021 13:17:00 +0000: $1,175,000 :: 2176 Santa Anita Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    5 beds, 3 baths
    Home size: 2,191 sq ft
    Lot Size: 6,534 sq ft
    Added: 04/10/21, Last Updated: 04/10/21
    Property Type: Single Family
    MLS Number: 21712620
    Community: 604 - Altadena
    Status: Active


    Musicians welcome! Adjacent to Christmas Tree Lane in Altadena you'll find your spacious 5 bed, 3 bath story book home. Fully renovated in 2006, this light filled retreat has all the modern conveniences while still tipping a hat to all of her original charm. Inside this gem is endless square footage with so many possibilities. Upstairs is a finished attic with over 450 sq feet of space perfect for a massive walk in closet, office, play area or even nursery. So many options! The converted garage has been transformed to a professional recording studio with an isolation room for cabinets, live/drum room and separate control room. Outside are bountiful orange and lemon trees and a yard perfect for entertaining or gardening. Jacuzzi and 210v electric car charger on the lot and too many other features to list everything. Hurry, because this amazing home will be gone before you can say, "Cowbell solo!

    Listed with Sara Skelton CalDRE: 01963998, 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/!


  • Sat, 10 Apr 2021 05:42:00 +0000: $1,479,000 :: 3363 Monterosa Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,480 sq ft
    Lot Size: 10,890 sq ft
    Added: 04/10/21, Last Updated: 04/10/21
    Property Type: Single Family
    MLS Number: P1-4136
    Community: 604 - Altadena
    Tract: Not Applicable
    Status: Active


    Welcome to this lovely Altadena home located minutes away from trailheads below Echo Mountain and Mt. Lowe, and the fabulous Farnsworth Park. The spacious home is extensively renovated and glows with an abundance of natural light. The home features over 2400 sq. ft. of living space, 4 beds, 3 baths, and an attached 3 car garage. The open floor plan is perfect for family living and entertaining, with all lower-level rooms opening to the yard, resulting in a seamless indoor-outdoor experience. The gourmet kitchen features granite countertops and new stainless steel kitchen appliances. New carpeting is accompanied by beautiful tile and hardwood flooring. There are also custom-built oak cabinets and other features throughout, including a unique mantelpiece and wine closet; the bar is a hand-crafted work of art. The ultra-private backyard boasts a large solar heated pool, spa, professional lighting, fire pit, fruit trees, and stunning mountain views.

    Listed with Mike Kobeissi CalDRE: 01011211, Kobeissi 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/!


  • Fri, 09 Apr 2021 15:44:00 +0000: $950,000 :: 735 Florecita Terrace, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,476 sq ft
    Lot Size: 6,970 sq ft
    Added: 04/09/21, Last Updated: 04/09/21
    Property Type: Single Family
    MLS Number: P1-4129
    Community: 604 - Altadena
    Tract: Not Applicable
    Status: Active


    Located on a picturesque street in Altadena, this 3 bed 2 bath home presents the perfect opportunity to purchase a well-maintained mid-century property in a very desirable neighborhood. The lush front lawn leads up and onto the charming front porch and into the home. Classic features such as crown-moldings & hardwood floors make a great first impression as you enter the living room with gorgeous brick fireplace surrounded by built-in shelves and large front window, allowing an abundance of natural light. The adjacent dining room is light & bright and leads to the large kitchen, which offers plenty of cooking & storage space, granite counters, newer appliances and a separate breakfast area. All 3 bedrooms are spacious and the master suite features a stunning wood-beamed ceiling, cozy fireplace, ensuite bath with dual sinks, and sliding doors accessing the back patio. The large backyard includes a large, open patio, a second, covered patio, lawn, garden boxes, and a detached 2-car garage. Minutes from the Rose Bowl, schools, markets, restaurants & transportation, this timeless house has been very well maintained and updated and is ready to be your home for many years to come! Welcome Home!

    Listed with David Knight CalDRE: 01829234, Keller Williams 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/!


  • Fri, 09 Apr 2021 11:21:00 +0000: $989,000 :: 116 W Las Flores Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,670 sq ft
    Lot Size: 0 sq ft
    Added: 04/08/21, Last Updated: 04/09/21
    Property Type: Single Family
    MLS Number: P1-4124
    Community: 604 - Altadena
    Tract: Not Applicable
    Status: Active


    A lovely traditional home nestled in the foothills of Altadena with a wonderful backdrop of the San Gabriel mountains. This warm and inviting home features hardwood floors, a spacious living room withfireplace and formal dining room that opens to the family room, three bedrooms and two bathrooms, updated kitchen with ceramic countertops. The family room overlooks an expansive backyard suited for entertaining and gardening.

    Listed with Juanita West-Tillman CalDRE: 01185770, Westlyn Realtors


    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, 08 Apr 2021 18:48:00 +0000: $1,995,000 :: 836 La Vina Lane, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    5 beds, 5 baths
    Home size: 4,022 sq ft
    Lot Size: 16,989 sq ft
    Added: 03/22/21, Last Updated: 04/08/21
    Property Type: Single Family
    MLS Number: 320005196
    Community: 604 - Altadena
    Tract: Not Applicable-604 (NA604)
    The price of this listing was last reduced on 4/8/2021 by 9%
    Status: Active


    Tucked away in a small enclave of only three homes, this fabulous, custom-built residence offers privacy and serenity. Enjoy sunset views from the Saltillo tiled deck or al fresco dining on the patio surrounded by garden pathways and a cascading water feature. Inside, the home opens to a large two-story foyer flanked by an office on one side and a living room with stone fireplace and coffered ceilings on the other. The dining room features French doors leading to the patio and has a butler's pantry with extra storage. The spacious kitchen features granite counters, alder cabinetry, Viking Pro and Bosch appliances, a pantry, and an informal dining area - all opening up to a family room with a second fireplace. An en-suite guest room is also located on the first floor. Upstairs is a large landing perfect for an office, a laundry room, and four total bedrooms. The master suite includes a sitting area and a luxurious bathroom with spa tub and walk in closet. The landscaped yard is an oasis with five mature live oak trees, flowering plants, multi-zoned irrigation & lighting, waterfall, and freestanding spa. Other features of the home include hardwood floors, crown molding, plantation shutters, recessed lighting, solid alder wood doors, dual-zone centra

    Listed with Keith Sorem CalDRE: 01374635, 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/!


  • Thu, 08 Apr 2021 16:48:00 +0000: $879,000 :: 969 E Poppyfields Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 2 baths
    Home size: 1,217 sq ft
    Lot Size: 7,841 sq ft
    Added: 04/08/21, Last Updated: 04/08/21
    Property Type: Single Family
    MLS Number: P1-4108
    Community: 604 - Altadena
    Tract: Not Applicable
    Status: Active


    This charming two bedroom, two bath home is set on a deep lot in a quiet and highly desirable foothill neighborhood in Altadena. This home has a wonderful floorplan and has been stylishly updated. Enter into the bright and spacious living room/dining area featuring crown molding, a cozy fireplace, and recessed lighting. There is direct access, through large sliding glass doors, into the expansive back yard with patio. The yard has lovely mature trees, large tiered garden areas and mountain views, creating a tranquil and serene atmosphere. There are classic hardwood floors throughout the home. The updated kitchen with an eating area, has stainless steel appliances, beautiful cabinetry and a sunny greenhouse window. On the opposite side of the home are the two bedrooms and a beautifully updated full bathroom with a skylight. The master bedroom also has direct access to the back yard and there is a second updated bathroom located off the kitchen. A long and gated driveway leads to a large two-car garage. This home truly has a wonderful and inviting appeal. Welcome home!

    Listed with Jenan Musulli CalDRE: 01438002, 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, 08 Apr 2021 05:21:00 +0000: $849,000 :: 2829 Olive Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,222 sq ft
    Lot Size: 6,970 sq ft
    Added: 04/07/21, Last Updated: 04/08/21
    Property Type: Single Family
    MLS Number: P1-4096
    Community: 604 - Altadena
    Tract: Not Applicable
    Status: Active


    Immaculate turnkey traditional in Altadena. Ready to move in 3 bedrooms, 2 baths with a wonderful floorplan. The updated kitchen has counter granite countertops, breakfast nook and lots of storage. Large living room and dining room combination with French door access to a very spacious deck, perfect for al fresco dining, an ideal outdoor family room. The deck overlooks the beautiful grassy backyard lined with several fruit trees(lemon, peach, guava and pomegranate) and a Weeping Willow tree and patio. New flooring in most of the house, remodeled bathrooms and copper plumbing. Central air conditioning and heat, separate laundry room and 2 car garage. Lovingly cared for and waiting for it's next???????????????????????? owner.

    Listed with Shereen Kelly CalDRE: 00927323, 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/!


  • Wed, 07 Apr 2021 15:51:00 +0000: $679,000 :: 2595 N Windsor Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 870 sq ft
    Lot Size: 0 sq ft
    Added: 04/06/21, Last Updated: 04/07/21
    Property Type: Single Family
    MLS Number: P1-4076
    Community: 604 - Altadena
    Tract: Not Applicable
    Status: Active


    This little cottage is is waiting for someone with vision who can appreciate the inherent value of aquiring an Altadena property and turn an ugly duckling into a swan . Property to be sold in its 'as is' present condition . Seller will do no repairs or make any concessions. It sits on a large lot prime for ADU Possibilities. No blind offers . This is a probate, no court needed. Offers due by Weds April 14th

    Listed with Leslie Greer CalDRE: 00551349, 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, 07 Apr 2021 13:47:00 +0000: $1,099,000 :: 2310 Glenrose Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,050 sq ft
    Lot Size: 12,197 sq ft
    Added: 04/07/21, Last Updated: 04/07/21
    Property Type: Single Family
    MLS Number: CV21070750
    Community: 604 - Altadena
    Status: Active


    Modern Farmhouse is the best way to describe this immaculately restored home. Located in the ever so popular city of Altadena nestled in the foothills. This home has been completely updated with all new laminate floors throughout. No detail was ignored when the home was put together. With an open floor plan that consists of the living room, kitchen and dining area all in one. Large windows give the home plenty of natural lighting. Custom kitchen cabinets with leather finish countertops. Live edge open shelving makes up the back wall where you will be prepping meals on a 36 inch 6 burner. stainless steel range. Both bathrooms have been tastefully upgraded. The master bathroom features a large double shower head design. Designer tile was selected specifically for this home along with golden brass colored fixtures to give you that splash of elegance. The home sits on an extra large lot and gives you tons of options. You can add a pool, basketball court, playing field, garage or a beautiful garden. All new concrete driveway and parking pad for parking. Open firepit is a perfect place to entertain family and friends. The backyard features a covered patio making it the ideal place to dine outdoors while being out of the elements. Bonus room at the rear of the home can be an office, gym or an arts and crafts room. Vaulted ceiling makes the room feel larger than it is. The home also consists of a utility room where you have your washer and dryer along with a space to storage.

    Listed with JESSIE RODRIGUEZ CalDRE: 01418054, CAL AMERICAN HOMES AND 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, 06 Apr 2021 17:49:00 +0000: $725,000 :: 761 Figueroa Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 1 bath
    Home size: 1,183 sq ft
    Lot Size: 5,663 sq ft
    Added: 04/06/21, Last Updated: 04/06/21
    Property Type: Single Family
    MLS Number: SB21071857
    Community: 604 - Altadena
    Status: Active


    Welcome to beautiful Altadena!!!! This charming 3 bedroom 1 bathroom home is located on beautifully palm tree lined Figueroa drive. This home has been well maintained through the years. Make yourself comfortable in the living room by a cozy fire. The kitchen features newer cabinets and granite counter tops. Just off the kitchen is a laundry room with washer/dryer hook-ups and access to the large back yard. The newer bathroom has a double sink, granite countertop, and tile floor. The roof was replaced in 2012 as well as the HVAC and ductwork. Come take a look at your new home or rental!

    Listed with Priscilla French CalDRE: 02023779, Harcourts Hunter Mason 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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