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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.

  • Sun, 16 Feb 2020 13:13:00 +0000: $1,048,000 :: 385 E Mendocino Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 1,956 sq ft
    Lot Size: 12,197 sq ft
    Added: 02/16/20, Last Updated: 02/16/20
    Property Type: Single Family
    MLS Number: 820000631
    Community: 604 - Altadena
    Tract: Not Applicable - 1007242
    Status: Active


    This exquisite home and backyard have been completely remodeled and reimagined to perfection! Ideally situated on a corner the beautifully landscaped lot features drought tolerant front yard, a verdant resort-like backyard, gas fire pit offers a cozy spot to reflect and unwind and a large cabana constructed with steel offers an inviting environment to gather and unwind with friends and family. There is an in-ground trampoline that will bring hours of fun to both kids and adults! A dramatic open concept floorplan offers a spacious living room that seamlessly flows through to the new kitchen, dining area and back yard. Comfortable master suite features wall-to-wall custom closets, lighted vanity and a trendy barn-door provides privacy to the luxurious master bathroom. Adding to the splendor of this lovely home, all bathrooms have also been stylishly remodeled. Additional features: quartz counters, Kholer fixtures, bamboo flooring, updated electrical and plumbing, Milgard windows and doors, new insulation & ducting in attic, attic fan & the electric driveway gate & garage door are controlled by phone or remote. Don't wait, this chic California living can be yours!

    Listed with Reni Rose CalDRE: 00975915, 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/!


  • Sat, 15 Feb 2020 15:37:00 +0000: $1,250,000 :: 3683 Giddings Ranch Road, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,550 sq ft
    Lot Size: 6,099 sq ft
    Added: 02/15/20, Last Updated: 02/15/20
    Property Type: Single Family
    MLS Number: 820000624
    Community: 604 - Altadena
    Tract: Not Applicable - 1007242
    Status: Active


    Located at the top of a cul-de-sac in the heart of La Vina, this Giddings style home exemplifies the best of what the neighborhood has to offer. An open concept floor plan greets you as you enter the home with beautiful new flooring throughout the main rooms. Last year the kitchen was remodeled with new cabinets, stainless steel appliances, redesigned island with seating all around, and pullout drawers for plenty of storage. Adjacent to the kitchen is a family room with fireplace and large windows to enjoy the lush garden. The 4th bedroom is downstairs and works well as an office. A powder room and laundry room round out the first floor. The master bedroom suite can be found on the second level and has views to the mountains, a built-in window seat, large walk-in closet and spacious ensuite master bathroom. Two additional bedrooms, one with a balcony, and a full bathroom complete the upstairs. The private backyard with mature landscaping and fountain hosts 2 seating areas and is ideal for year-round entertaining. 2 single-car garages with new garage doors showcase WiFi/smart home capability. Community features include a guarded front gate, community pool, updated children's park, and access to hiking trails.

    Listed with Cynthia Salcido CalDRE: 01221557, 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/!


  • Fri, 14 Feb 2020 22:15:00 +0000: $1,350,000 :: 1272 Sunny Oaks Circle, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 0 bath
    Home size: 1,755 sq ft
    Lot Size: 7,841 sq ft
    Added: 02/14/20, Last Updated: 02/14/20
    Property Type: Single Family
    MLS Number: ML81782814
    Community: 699 - Not Defined
    Status: Active


    This updated 1951 Mid-Century Modern is one of USC School of Architectures sought after case study homes. The Zen-like oasis of old growth oaks can be seen from every room. Wood beam ceilings & polished concrete floors thru-out. Oversized living room feat triangulated fireplace, built-in display niche, automatic shades, & adjoining ½ bath. Cstm wood cabinetry & soapstone countertop provide deep wall-to-wall storage in large dining room. Kitchen feat, Miele gas range, Thermador oven w/warming drawer, Sub-zero fridge/freezer, & New Bosch DW. Clerestory window in bath brings natural light to tub, shower, & dual vanities. Large backyard fully enclosed by fence & feat stone patio, deck, outdoor FP, & citrus trees. HVAC system works in tandem w/hydronic in-floor passive heat. New front-loading high efficiency LG W/D. New full-house water filtration system. Suspended outdoor lighting creates enchanting nighttime setting for this forested retreat. Home by architects Fetridge, Wilde & Lundy.

    Listed with Doug Meese CalDRE: 02056123, Coldwell Banker Residential Br


    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, 13 Feb 2020 10:02:00 +0000: $2,700,000 :: 3351 Camp Huntington Road, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,386 sq ft
    Lot Size: 216,929 sq ft
    Added: 11/20/19, Last Updated: 02/13/20
    Property Type: Single Family
    MLS Number: 819005294
    Community: 604 - Altadena
    Tract: Not Applicable - 1007242
    The price of this listing was last reduced on 2/13/2020 by 10%
    Status: Active


    The largest remaining private portion of the original Camp Huntington -- one of the early sites for Scouting in Southern California -- is being offered to the market for the first time in more than forty years. Set on a varied, verdant slope in Rubio Canyon, here is a private and tranquil oasis with mountain and canyon views, adjacent to wild lands but just minutes from the city below. The Traditional home offers four bedrooms, two and one-half baths, spacious living room, family dining room, pool, attached double garage, plus a separate workshop. Oaks, pines, deodar cedars and ancient olive trees are spread across the idyllic landscape, creating smaller areas for play, shade, relaxation and the simple delight of the remarkable environment. The property is comprised of three parcels totaling just under five acres, zoned LCR1-20,000. All include both water and utilities; the owner has additional water stock certificates in-hand to allow for potential development. This is a once-in-a-lifetime opportunity to own a large private retreat or to create several individual estates.

    Listed with Steve Haussler CalDRE: 00840777, Coldwell Banker Residential Brokerage Company


    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, 13 Feb 2020 08:18:00 +0000: $789,000 :: 395 W PALM Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 1 bath
    Home size: 1,183 sq ft
    Lot Size: 7,426 sq ft
    Added: 02/11/20, Last Updated: 02/13/20
    Property Type: Single Family
    MLS Number: 20553518
    Community: 604 - Altadena
    Status: Active


    Incredible English cottage home located in Janes Village of Altadena. This sought out neighborhood nestled at the foothill of the San Gabriel Mountain is a dream. Traditional 3bed/1bath home has been updated and remodeled while maintaining the original architectural integrity and charm. With an abundance of natural light, there is a spacious living room with a gorgeous fireplace and a large-scale new picture window. Formal dining area and a cozy family room has direct access to an open kitchen, featuring beautiful cabinetry and a chef's preparation island. The kitchen leads you to anover-sized gorgeous lot ready for expansion and endless possibilities. You can entertain while enjoying the beauty of the mountains. Original hardwood floors, remodeled bathroom, updated electrical, central AC/Heat newer roof and a finished attic ready for many uses. Walking distance to Equestrian Park, Tennis, Hiking Trails, Altadena Farmers Market and more. This property is a must see and a true gem

    Listed with Linda Lopez CalDRE: 01307703, Berkshire Hathaway HomeServices California


    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, 12 Feb 2020 20:55:00 +0000: $625,000 :: 136 W MENDOCINO Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 804 sq ft
    Lot Size: 5,541 sq ft
    Added: 01/23/20, Last Updated: 02/12/20
    Property Type: Single Family
    MLS Number: 20547138
    Community: 604 - Altadena
    The price of this listing was last reduced on 2/12/2020 by 4%
    Status: Active


    Wonderful renovated Spanish style home located on a quiet street in a beautiful neighborhood, set against majestic mountains close to hiking and biking trails. This cute and cozy turnkey home is ready to move in! Feel right at home with a stylish modern and upgraded kitchen and bathroom, spacious bedrooms, wide plank hypoallergenic floors, double pane windows for energy efficiency, window shutters for privacy, and multi zone wall mounted air conditioners for hot summer days. The chef's kitchen features custom cabinetry, quartz countertops, and stainless steel appliances. The large backyard offers potential for expansion, to build an accessory dwelling unit, or create the backyard garden of your dreams. The one car garage is also renovated with newer wood in the ceiling and walls finished with drywall and paint. Restaurants, shopping, and freeway access are within close proximity, plus neighboring communities with many more additional world class amenities. A true gem!

    Listed with James Pelayo CalDRE: 01440670, Keller Williams Hollywood Hills


    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, 12 Feb 2020 18:20:00 +0000: $1,995,000 :: 1836 Homewood Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 3,208 sq ft
    Lot Size: 12,197 sq ft
    Added: 02/12/20, Last Updated: 02/12/20
    Property Type: Single Family
    MLS Number: 820000554
    Community: 604 - Altadena
    Tract: Not Applicable - 1007242
    Status: Active


    This sophisticated Spanish Revival style home is located in the Town & Country Club neighborhood of Altadena. The home has coved ceilings, arched doorways, oversized windows, French doors and elegant finishes- including vintage oak floors, custom stone and tile surfaces and plaster walls. The updated kitchen includes recessed lighting, custom cabinetry, stone counters and Kitchen Aid and Bertazzoni appliances. The open floor plans include a separate Family Room that opens to the Kitchen. The home has recently been painted and includes custom draperies, Elfa closet systems and updated lighting fixtures. There are 3 bedrooms and 2 baths, including the Master Suite with an abundance of windows and built-ins. The Master bath has separate tub and shower and an extensive use of stone and tile surfaces. The home has copper plumbing, updated electrical, 3 zone HVAC and has been seismically retrofitted. The property has a permitted 770 sq. ft. 1 bedroom/1 bath ADU- 1838 Homewood, with kitchen, 3/4 bath and French doors out to the backyard. The backyard is gated and hedged for privacy and perfect for entertaining. There are lovely gardens with pool and spa, inviting rear patios and new outdoor kitchen- including grilling station.

    Listed with Darrell Done CalDRE: 01233781, Coldwell Banker Residential Brokerage Company


    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, 11 Feb 2020 16:47:00 +0000: $835,000 :: 3270 Laurice Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 2 baths
    Home size: 1,866 sq ft
    Lot Size: 7,118 sq ft
    Added: 02/11/20, Last Updated: 02/11/20
    Property Type: Single Family
    MLS Number: WS20030444
    Community: 604 - Altadena
    Status: Active


    Cute charmer located on quiet cul-de-sac up in the foothills of Altadena. This home offers 3 full bedrooms, 2 full bathroom, and a spacious family room that can double as a master suite. The interior features fresh paint, new flooring, updated bathrooms, and a gorgeous new kitchen. In this new kitchen you'll find chic cabinetry, quartz countertops, a brand new stove and microwave vent. Some additional amenities include updated dual pane windows, a new roof that was put in in 2019 and a large backyard perfect for entertaining or possibly a pool to take in those majestic mountain views. Around the corner are a handful of parks, hiking trails, and just a skip away are a ton of trendy eateries in Old Town Pasadena. This home is roughly ~1,866 sqft reflecting the new addition all done with permits. Must see to appreciate!

    Listed with MAY KUNKA CalDRE: 01782069, Compass-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/!


  • Tue, 11 Feb 2020 15:14:00 +0000: $850,000 :: 101 W Las Flores Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,509 sq ft
    Lot Size: 10,363 sq ft
    Added: 02/11/20, Last Updated: 02/11/20
    Property Type: Single Family
    MLS Number: OC20030432
    Community: 604 - Altadena
    Status: Active


    Don't miss an opportunity to buy a home in this Beautiful neighborhood at the base of the Altadena foothills!  Updated house on a Large 10,364 sq ft Lot with a detached garage and finished bonus storage room with french doors.  The previous owner converted the home to a 3 bedroom 2 bath, permits online show expired so please perform your due diligence.  Inside laundry room, central heat & air conditioning, and lots of storage.  Views of the foothills from the backyard, lots of patio space, RV/boat parking, and room to relax, bbq, and entertain!  The Large Master suite has a fireplace!  Open floor plan with bamboo flooring, Large kitchen with center island and lots of natural light.  Notes from previous mls listing states that the roof and plumbing were updated, this is provided as information only and not disclosure, buyer will be responsible for conducting an inspection to verify the condition of the systems and components of the home.

    Listed with Jessica Nieto CalDRE: 01923684, Brooke 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, 11 Feb 2020 10:56:00 +0000: $725,000 :: 2323 Oliveras Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,623 sq ft
    Lot Size: 7,101 sq ft
    Added: 02/10/20, Last Updated: 02/11/20
    Property Type: Single Family
    MLS Number: SR20030212
    Community: 604 - Altadena
    Status: Active


    PROBATE SALE!!! GREAT OPPORTUNITY TO PURCHASE THIS CUTE STORYBOOK TRADITIONAL HOME IN ALTADENA. THE 3 BEDROOM 2 BATH HOME FEATURES A LIVING ROOM WITH FIREPLACE, DINING ROOM & KITCHEN WITH COOKTOP, WALL OVEN & DISHWASHER. LAUNDRY ROOM WITH SIDE BY SIDE WASHER & DRYER HOOKUP. 2 CAR DETACHED GARAGE WITH ELECTRIC ROLL UP DOOR (ELECTRIC ROLLER NOT WORKING) AND BACKYARD.

    Listed with Larry Weiner CalDRE: 00945753, Flans & Weiner, 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/!


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