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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.

  • Fri, 13 May 2022 23:12:00 +0000: $1,750,000 :: 2541 Lincoln Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    8 beds, 5 baths
    Home size: 3,091 sq ft
    Lot Size: 9,518 sq ft
    Added: 04/14/22, Last Updated: 05/13/22
    Property Type: Single Family
    MLS Number: SR22052939
    Community: Altadena
    The price of this listing was last reduced on 5/5/2022 by 8%
    Status: Active


    NEW CONSTRUCTION. 2 ON A LOT!!!! A unique opportunity to own 2 full size homes on a nearly 10,000sf lot located in a highly sought-after area in Altadena just a few blocks away from Pasadena and minutes away from La Cañada. The fully renovated main home is a 5-bedroom 2.5 bath and the brand-new build full size ADU is a 3-bedroom 2 bath. This home is set back from the street with lush landscaping and multiple outdoor seating and parking areas. Past the enclosed front porch, you enter the open floor plan home through the spacious living room with uniquely high 9-foot ceilings and an inviting fireplace. As you exit the living room you enter the large dining area that seamlessly connects to the open, entertainer's dream kitchen. Luxury abounds the light filled home with original hard wood flooring throughout, custom lighting, designer finishes, bespoke tile in both the kitchen and bathrooms, base moldings and stone countertops. The newly remodeled kitchen is upgraded with custom cabinetry, quartz countertops, high end eco-friendly backsplash and stainless-steel appliances. Enter any of the bedrooms and you will notice the openness, abundance of natural light and ceiling height of this home. The hall bath is large enough for a growing family and guests while the primary retreat has a luxurious bathroom featuring rain shower head. There is a laundry area inside both homes. The homes are separated with spacious backyard. At the far end of the back yard, you will find a separate entrance into the ADU is perfect for an additional family or rental income for the savvy homeowners to benefit from. This home has been professionally updated inside and out and is an entertainer's dream including an audio home entertainment system throughout the main house and exterior entertainment for BBQ and family time. With close proximity to the San Gabriel Mountains, Old Town Pasadena, JPL, La Canada, hiking trails and surrounding communities, you won't want to miss the opportunity to call this special Altadena home yours!!!

    Listed with Antonio Avila CalDRE: 02100414 | 310-625-7400, Antonio Avila


    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, 13 May 2022 15:37:00 +0000: $1,299,000 :: 1702 Coolidge Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 2 baths
    Home size: 1,625 sq ft
    Lot Size: 7,798 sq ft
    Added: 04/22/22, Last Updated: 05/13/22
    Property Type: Single Family
    MLS Number: P1-9156
    Community: Altadena
    Tract: Not Applicable
    The price of this listing was last reduced on 5/13/2022 by 7%
    Status: Active


    Welcome to this beautiful mountain view home that sits on a 7,799 square foot lot & features 2 large bedrooms, 2 bathrooms, spacious living spaces & a beautiful backyard! Curb appeal exudes with the picturesque exterior, the brick chimney, the well-maintained front lawn, & the flowers that welcome you as you enter. Past the front door, one is struck by the formal entry which has a chandelier, crown & base molding, hardwood floors, & a coat closet. The living room features hardwood floors, crown & base molding which are consistent throughout the home, a fireplace, recessed lighting, & a bay window that faces the front yard. The living room opens to the family room which features a beamed ceiling, a second fireplace, & solar efficient windows that face the backyard and allow for natural light to enter the home. The dining room has wainscoting, a chandelier, & French doors that lead to the patio deck in the backyard. Accessed through the dining room is the beautiful kitchen that has quartz countertops, a subway tile backsplash, cabinets, a farmhouse sink, & a door to the side yard. The kitchen is also equipped with stainless steel appliances. In addition, there is a laundry area by the kitchen that has an LG washer & dryer, a quartz countertop, & cabinets for storage. Right off the kitchen, there is also a powder room. On the other side of the home sit the 2 bedrooms & the hallway bathroom. The primary bedroom off the front entrance features windows with shutters, a ceiling fan, cabinets, & two closets. The second bedroom has a ceiling fan, recessed lighting, & a window with shutters that face the backyard. The hallway bathroom has tile floors, a quartz countertop, a vanity area, a cast iron tub & a glass-enclosed shower. There are many things to love about this mountain view home, especially the backyard that has a patio with a wood deck! The backyard also has a lawn, an abundance of foliage, citrus trees, an avocado tree, & flowers. The entire interior of this home has been remodeled in stages since 2013, with the kitchen & bathrooms being updated in 2021/2022. There are also architectural plans included for added square footage with a primary suite. The garage has a utility sink & can fit up to 2 cars. With the allure of the great neighborhood, the picturesque exterior, the mountain views, the spacious living spaces & the large backyard, you won't want to miss the opportunity to call this Altadena home yours!

    Listed with Jason Berns CalDRE: 01787757 | (626) 826-4544, 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/!


  • Thu, 12 May 2022 18:35:00 +0000: $900,000 :: 2263 Navarro Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,279 sq ft
    Lot Size: 8,482 sq ft
    Added: 05/12/22, Last Updated: 05/12/22
    Property Type: Single Family
    MLS Number: AR22092494
    Community: Altadena
    Status: Active


    Welcome to this beautiful Altadena home tucked away on a private street. As you step into the gate you feel a sense of tranquility. Home boast (3) bedrooms (2) bathrooms with 1279 sq ft of living space sitting on 8500 lot. Detached garage. Bonus living space. Many upgrades throughout including newer plumbing, artificial turf in backyard, tankless water heater, exterior paint and new roof on garage. Plenty of room to entertain. You can find fruit trees around the home such as, guava, peach, apple and avocado. Gorgeous wrought iron/wood fence providing privacy. Close proximity to everything. Come take a look while you can!

    Listed with Johnson Hoang CalDRE: 01777726 | 626-203-9213, Moon 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, 11 May 2022 21:15:00 +0000: $1,348,000 :: 210 Highlawn Place, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,530 sq ft
    Lot Size: 7,955 sq ft
    Added: 04/19/22, Last Updated: 05/11/22
    Property Type: Single Family
    MLS Number: P1-9112
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    Located on a quiet cul-de-sac this completely re-imagined home is ready for the next stewards to move right in. A vaulted ceiling adds warmth and character to the living room which also boasts a white-washed brick fireplace and artistic accent window shelving. The fabulous and completely remodeled kitchen makes meal prep easy, is open to the spacious dining area and features new appliances (which are included) and a breakfast bar. A separate laundry room offers access to the backyard and includes the washer and dryer. The primary bedroom features his & hers closets and French doors that open to and provide a view of the backyard. There is a luxurious updated primary bathroom with double vanities and a large walk-in shower. Two additional bedrooms (one with a window seat) and a remodeled main bathroom complete this family home. For those working from home, the garage has been converted to a charming office with vaulted ceiling and French doors that open to and provide a view of the back yard. There are two additional rooms in this garage conversion that could be a bedroom, bathroom and kitchenette making for a perfect ADU. The backyard features a tranquil water fountain, and the fruit trees include grapefruit, lemon and orange. Other features include new windows, new flooring, central air & heat. You'll enjoy the convenient location as well as being near the Altadena Library and the Altadena Farmers Market on Wednesdays in Loma Alta Park!You'll notice there is a large patio off the back of the house which is a slab with footings to expand the house. The seller's vision was to create a grand master suite with a luxurious bathroom and walk-in closet and to add a family room off the dining area and kitchen.

    Listed with Reni Rose CalDRE: 00975915 | (626) 437-6000, 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, 11 May 2022 18:23:00 +0000: $995,000 :: 1080 Beverly Way, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 1,209 sq ft
    Lot Size: 7,188 sq ft
    Added: 05/11/22, Last Updated: 05/11/22
    Property Type: Single Family
    MLS Number: P1-9466
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    This beautiful and inviting two bedroom, one bath home occupies a 7189 sqft, very private corner lot. The front yard is canopied by a beautiful Cork oak tree providing lovely shade on sunny days. Walk into the bright and cheery living room with a cozy fireplace and unique under-window storage cabinets. You'll enjoy your time in the dining room adorned with quaint built-in glass cabinetry. Adjacent to the dining area, a well-lit bonus room is used as an office. The hardwood floors connect throughout the home. The kitchen has been updated with recessed lighting, new appliances, countertops, and a farmhouse sink, and it has a wonderful view of the backyard. The front bedroom is bright and airy. The spacious back bedroom overlooks the well-manicured backyard, and includes a walk-in closet and access to a hidden, finished California basement. The backyard has a lovely concrete patio with a pergola next to a water fountain. A second water feature accompanies a relaxing sitting area. This property is complete with a private driveway and a detached two-car garage with ample storage and a workbench. An Altadena gem awaits.

    Listed with Beatriz Kasten CalDRE: 01914737 | (626) 840-3134, DPP


    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, 11 May 2022 07:31:00 +0000: $1,795,000 :: 2293 Country Club Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 3 baths
    Home size: 2,646 sq ft
    Lot Size: 12,424 sq ft
    Added: 05/11/22, Last Updated: 05/11/22
    Property Type: Single Family
    MLS Number: P1-9457
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    2293 Country Club Dr. is an elegantly appointed, historically-relevant masterpiece located in the highly sought after Country Club neighborhood of Altadena. This three bedroom, three bathroom home has been meticulously cared for and updated with the finest of finishes. Upon stepping into formal entry you are greeted by the numerous built in's of the library, a formal living room with natural beams and gas fireplace, and the exquisite formal dining room. Throughout the home, you'll find beautiful oak hardwood floors, picture windows filling each room with sunlight and an abundance of thoughtful custom built-ins. The Chef's kitchen with island seating is complete with floor to ceiling custom cabinetry, a Shaw farm sink, professional grade appliances, including a vintage O'keefe & Merritt stove, and new quartz countertops. The master suite features two generous walk-in closets and a wall of paned windows that provide picturesque views of the gardens. The professionally landscaped grounds of the home are absolutely stunning! Featuring an expansive grassy yard, multiple gardening areas, a secluded walking path with a plethora of rose bushes, mature fruit trees, koi pond and a secret garden with fountain. You'll enjoy coffee on the stately front porch, lunch under the covered patio and dinner on the handsome bricked patio overlooking the side yard. The property is an entertainers paradise.

    Listed with Jermayne Shannon CalDRE: 01519726 | (626) 394-3004, 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 May 2022 14:58:00 +0000: $979,000 :: 3209 Marengo Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,192 sq ft
    Lot Size: 7,719 sq ft
    Added: 05/04/22, Last Updated: 05/10/22
    Property Type: Single Family
    MLS Number: P1-9348
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    Charming Pool Home in West Altadena! Only 15 miles from Los Angeles, Altadena offers a restorative respite for those who want to come home and feel worlds away from the City. Lovingly maintained and professionally landscaped, this charmer is set along a quiet, shared alley where neighbors say hello and are happy to see you. The swimming pool, owned solar, updated systems, and newer windows make this an easy home to move into and enjoy right away. Two windows in the kitchen and a large picture window in the living room bring the light inside, sun-filling the indoors. The outdoor living space provides a private place to lounge or dine, or take a dip in the in-ground pool that has been newly re-plastered. The in-ground spa and waterfall feature, make this a perfect spot conducive to both intimate personal reflection and entertaining. Inside, three bedrooms share a full bathroom and a half-bath and the bedrooms have plentiful windows that are placed high on the walls to accommodate furniture placement and artwork. The single car garage has been finished into a comfortable space that can readily be used for storage, or to create or work at home, or further enhanced by the next owner into an ADU. And no that is not a bird sound machine you hear - those are real-live birds! Tranquility truly bounds here. Enjoy living close to everything in a setting that feels far???????????????????????? removed.

    Listed with Sheryl Guerrero CalDRE: 01279906 | (818) 635-7147, Coldwell Banker


    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, 09 May 2022 17:52:00 +0000: $2,175,000 :: 1178 Sonoma Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,755 sq ft
    Lot Size: 12,746 sq ft
    Added: 05/09/22, Last Updated: 05/09/22
    Property Type: Single Family
    MLS Number: P1-9434
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    A triumphant Deodar Cedar & an enchanting front courtyard introduce this impeccably restored Spanish in the Altadena Country Club area. The rustic solid wood door with complementary original hardware opens to a formal entry from where you admire the stunning 14 ft. high beamed ceiling & the mature landscaping just outside the French door ahead. Step up original magnesite steps to impressive Terrazo floors, walls lined with distinguished wood framed windows, wrought iron & a Roger Noble Burnham designed fireplace elevated by artistic downlighting. The remodeled kitchen features Shaker-style cabinetry, striking granite counter tops & boasts a built in bartop. Down a few steps off the living room rests a romantic family room with a dramatic coved beamed ceiling & access to a bedroom with an attached bathroom featuring limestone tile & a luxuriant soaking tub. The French doors in the family room flow out to a captivating patio enriched by a beehive fireplace, saltwater pool & corresponding private changing rooms. Back inside & up a few steps from the living room you'll find two more spacious bedrooms & a tastefully updated bathroom with an industrial double basin sink, period light fixtures & an indulgent frameless glass double shower. Finally, the perfect guest suite flaunts a Juliet balcony overlooking your personal oasis & echoes the period style themes of elegant arches, coved ceilings & built-in cabinetry presented throughout the property.

    Listed with Cariy Hernandez CalDRE: 01211566 | (626) 862-3591, 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/!


  • Sat, 07 May 2022 03:56:00 +0000: $900,000 :: 2695 Casitas Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 1 bath
    Home size: 1,134 sq ft
    Lot Size: 10,416 sq ft
    Added: 05/07/22, Last Updated: 05/07/22
    Property Type: Single Family
    MLS Number: RS22081041
    Community: Altadena
    Status: Active


    Hidden gem at the foot of the San Gabriel Mountains in the Lincoln Villa section of Altadena. HUGE lot with plenty of ADU possibilities. A must see! There is an accepted offer. Status will be changed to Under Contract upon receipt of buyer's wire.

    Listed with Michael Williams CalDRE: 01468935 | 310-538-6884, Global Realty 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/!


  • Fri, 06 May 2022 12:37:00 +0000: $869,000 :: 301 E Woodbury Road, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 2 baths
    Home size: 1,344 sq ft
    Lot Size: 4,988 sq ft
    Added: 04/29/22, Last Updated: 05/06/22
    Property Type: Single Family
    MLS Number: AR22087703
    Community: Altadena
    The price of this listing was last reduced on 5/6/2022 by 3%
    Status: Active


    This one-level Bungalow home is nestled in the Central Altadena neighborhood. The home boasts a wrought iron fence with a newer artificial turf front yard and comes with a motorized gate long driveway leading to the carport parking and backyard. It is located close to schools, banks, supermarkets, farmers’ market, public library, JPL, Rose Bowl Stadium, golf courses, Eaton Canyon Falls, Rubio Canyon Trailhead, and easy access to the 210 freeway. The property features a newer roof of the front part, custom windows and door wooden trim, copper plumbing, newly painted exterior, recessed lighting, central A/C with two separate thermostats, laminated wood flooring, two separate electrical meters, and newer parking concert. The property's flexible layout can be also split into two units; both front and back unit has 2 BD and 1BA to fit a variety of your family's needs. The bright and airy living room has easily-maintained stone tile flooring throughout. The updated kitchen features quartz stone countertops, mosaic tile backsplash, and a breakfast counter, making it a comfortable workspace to fulfill any cook’s needs. The laundry room is conveniently located right off the kitchen.Feel a well-lit atmosphere and enjoy the homemade meal in the high vaulted ceilings family room and dining area. There is a kitchenette with a granite countertop sink and microwave, and a California basement. The home is comprised of two full bathrooms and four bedrooms with carpet flooring or wood flooring. Two of the bedrooms have a ceiling fan. Socialize with family in the fenced patio and backyard which make summer entertaining and alfresco dining an exceptional experience. There is also a carport parking with a long driveway capable of accommodating additional parking.

    Listed with Jerry Sun CalDRE: 01338788 | 626-316-6700, RE/MAX Premier 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/!


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