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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.

  • Thu, 28 Sep 2023 16:45:00 +0000: $1,299,000 :: 971 Lehigh Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    5 beds, 2 baths
    Home size: 2,152 sq ft
    Lot Size: 5,010 sq ft
    Added: 09/04/23, Last Updated: 09/28/23
    Property Type: Single Family
    MLS Number: P1-14735
    Community: Altadena
    Status: Active


    You won't want to miss this Vintage 1932 Cape Cod home situated on a cul-de-sac in Altadena. Just minutes away from Gabrielino Hiking trail, Hahamongna Watershed Park and JPL. Completely upgraded throughout, this 5 bedroom, 2 full bath Charmer boasts coved ceilings, natural light radiating through an abundance of windows, and a wonderful open floorplan. New vinyl flooring, new designer paint inside and out and recessed lighting have been added throughout to make this home the perfect character home with style.One of the bedrooms and full bathrooms are downstairs, which round out the amazing and bright living room, formal dining room, and home office. The spacious updated kitchen with cozy breakfast area offers new cabinets, new Stainless Steel appliances, and lots of storage space. New Quartz countertops and ceramic tile flooring top off the kitchen that will ultimately be the gathering spot for everyone. French doors off the dining room open to an attached covered porch leading to the backyard where lots of fun bbqs and outdoor entertainment awaits the new owners.Upstairs is open to your imagination. The flexible floorplan offers the additional 4 bedrooms and other full updated bathroom with bear-claw tub. There are enough options to create your favorite arrangement. Even a little children's library is tucked away on the upstairs landing. Additional features include: New Central Air & Heating - 3 zoned options. Newer Electrical panel and 2-car detached garage

    Listed with Al Bailey CalDRE: 00768587 | (626) 644-2778, Hythe 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/!


  • Thu, 28 Sep 2023 16:19:00 +0000: $1,200,000 :: 1951 Mar Vista Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,630 sq ft
    Lot Size: 10,951 sq ft
    Added: 09/26/23, Last Updated: 09/28/23
    Property Type: Single Family
    MLS Number: P1-15214
    Community: Altadena
    Status: Active


    First time on the market in over forty years and located in one of Altadena's most sought-after neighborhoods this spacious, single-level, home is comprised of 2,630 square feet of living space, offers four bedrooms and three-baths, and is situated on a 10,952 square feet lot. This mid-century-traditional home features two primary bedrooms with ensuite baths. In addition to the two primary bedrooms, the home boats an additional two bedrooms and one full bath. The formal entry leads into a spacious, open concept, living room and dining area with vaulted ceiling and a handsome corner brick fireplace. The quintessential 60's kitchen looks onto the rear yard and offers a pass-through countertop that opens to the dining area. The spacious family room opens onto the rear patio and a yard that is a landscaper's blank canvas! Additional features include a 2-car attached garage, central heat, and many mid-century accents! Bring your ideas to life and make this house a modern masterpiece!

    Listed with June Diarra CalDRE: 01315434 | (626) 437-4166, Cornerstone Real Estate Serv.


    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, 28 Sep 2023 14:48:00 +0000: $999,000 :: 3114 Thurin Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,064 sq ft
    Lot Size: 6,683 sq ft
    Added: 09/28/23, Last Updated: 09/28/23
    Property Type: Single Family
    MLS Number: IG23176783
    Community: Altadena
    Status: Active


    Welcome to Altadena, where charm, character, and a sense of history meet! Nestled in a highly sought-after neighborhood, we present a delightful three bedroom, two bath renovated home which offers endless charm and a spacious backyard with Mountain View’s to enjoy with family and friends. There are new floors and paint throughout as well as a refreshed kitchen and baths. There are new windows, a new HVAC system and a new roof! There is an attached two car garage and a shed in back for all your storage needs. Come take a look before it sells!

    Listed with Emily Griffin CalDRE: 01299217 | 951-547-3500, Griffin Real Estate, 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, 28 Sep 2023 12:56:00 +0000: $2,950,000 :: 1981 New York Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    6 beds, 6 baths
    Home size: 4,652 sq ft
    Lot Size: 19,001 sq ft
    Added: 09/27/23, Last Updated: 09/28/23
    Property Type: Single Family
    MLS Number: P1-15221
    Community: Altadena
    Status: Active


    Nestled within Altadena's 'Little New York' enclave, discover the grandeur of this magnificent Monterey Colonial estate offering the perfect blend of historic charm and modern living. Proudly situated on an expansive lot and set back from the main street by a hedged median, this property provides a unique blend of privacy and functionality. The main residence, a gracious two-story home, boasts 5 beds, two bonus rooms, and 5 baths, and a separate guest house at the rear of the property provides an additional 1 bed and 1 bath. A picturesque brick-lined walkway and mature landscaping greets your approach, and the long driveway is gated at the house and flanked by majestic palms. A welcoming foyer ushers you into an elegant formal living room with high ceilings, a stately fireplace, and large windows that bathe the room in natural light. An adjacent separate family room, graced by a second fireplace, provides versatile options for comfortable living and entertaining. The central dining room serves as an ideal gathering place, easily accessible from multiple rooms and offering a seamless flow to the outdoor patio through French doors. The kitchen is well-appointed with quartz counters, a center island with a cooktop, double ovens, dedicated breakfast area, and direct access to the sprawling backyard. A bedroom suite at the rear of the home offers ideal guest accommodations, while a second bedroom with a vaulted wood-beamed ceiling can be an office or den. A half bath and dedicated laundry area complete the lower level. Upstairs, a large landing welcomes you to three generously sized en-suite bedrooms and a bonus room. The oversized primary suite is both spacious and versatile, with access to the bonus room and private balcony. The primary bath, adorned with marble, features an oversized shower, dedicated tub, and built-in storage. Two additional bedrooms, each with their own baths and large closets complete the upper level. Perfect for entertaining, the property features a flat rear yard, covered patio, and a sparkling pool and spa. Adding to the prestige of this stunning estate is a fully equipped 1 bed, 1 bath guest house with kitchen and central air/heat which sits above the 3-car garage. Additional property features include two-zone central air/heat, wood floors throughout, newer roof, newer pool fencing and gates, and fresh paint inside and out. This extraordinary offering of one of Altadena's premiere estates is a rare and remarkable opportunity!

    Listed with Hazel Perera CalDRE: 01715728 | (626) 676-9111, 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, 27 Sep 2023 15:05:00 +0000: $1,208,888 :: 1827 N Altadena Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,651 sq ft
    Lot Size: 11,979 sq ft
    Added: 09/06/23, Last Updated: 09/27/23
    Property Type: Single Family
    MLS Number: PW23166474
    Community: Altadena
    The price of this listing was last reduced on 9/27/2023 by 4%
    Status: Active


    HUGE $50,000 price reduction so that you can fulfill your design dreams! You have to come see this rustic ranch home that beckons you with your opportunity to create the backyard garden and entertaining area of your dreams. This home has all the charm and character that you would expect & want from a 1940 build. The home has original hardwood floors, covered entry, bay window, gorgeous living room fireplace, built-ins, paneled doors, breakfast nook, clawfoot tub, and yet it's ready for your personal design touches. With a little tender love and care this home can charm just about anyone. There are the two original bedrooms that share the upgraded bathroom with tile shower. Then there is the add on master suite off the rear of the home as well. The two car garage plus driveway give ample off-street parking and the location is set away from the downtown business yet close enough to access the 210 FWY. It's walking distance to Eaton Canyon trails as well for outdoor activity. The major systems have been upgraded throughout the years including central A/C and heat, water heater, water softener, kitchen appliances, and the windows have been updated to dual pane as well.

    Listed with Chasin Prather CalDRE: 01447886 | 657-282-1877, Chasin RE


    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, 27 Sep 2023 13:07:00 +0000: $1,249,000 :: 1415 E Loma Alta Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,567 sq ft
    Lot Size: 5,498 sq ft
    Added: 09/27/23, Last Updated: 09/27/23
    Property Type: Single Family
    MLS Number: AR23180367
    Community: Altadena
    Status: Active


    Impeccable east Altadena contemporary ranch, nestled on an elevated knoll with wonderful valley views. Corner home off a private wrap-around alley with a double attached direct access garage. Shaded by a colorful Crepe Myrtle & dotted with scented gardenias the front pathway opens to a cozy tiled entry. A sunny bay window lights the spacious living room while providing serene day or evening vistas. Sharply remodeled kitchen with warm oak cabinetry, granite counters, subway backsplash, stainless appliances, a farmhouse sink, roomy kitchen island, recessed lighting & mottled tiled floors. Perfect the adjacent dining area opens to a cozy family room w/custom mantled electric fireplace and sylvan views to the rear yard. Ideal, all bedrooms are located on the east side. The generous master suite is bright with double closets, a large skylight to take in those starry nights, along with a pleasantly remodeled bath with walk-in shower, soaking tub, skylight, subway tiles and marble flooring. Two additional bedrooms wrap to the rear & share an updated full bath with new vinyl flooring & hardwood vanity. Numerous amenities include freshly painted interior & exterior, new plush Frieze carpeting, new lighting fixtures, recessed lighting, ceiling fans, copper plumbing including the water main, updated electrical panel. automatic garage door opener and automated sprinkler system. Relax & enjoy the delightful rear yard dappled with Plumeria, Grevillea, various Cacti and over the patio, the leafy bough of a Fruitless Mulberry Tree. Enclosed with a tall masonry wall, dual gates and fencing, the backyard becomes one's own private oasis. Close to Mount Lowe, hiking trails & not far from the Altadena Country Club is an opportunity to own this truly special home in the sought-after community of lovely Altadena!!!

    Listed with Debbie Pock CalDRE: 01024739 | 626-824-4114, Berkshire Hathaway HomeService


    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, 27 Sep 2023 09:28:00 +0000: $949,000 :: 2077 Grand Oaks Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 2 baths
    Home size: 1,460 sq ft
    Lot Size: 8,652 sq ft
    Added: 09/27/23, Last Updated: 09/27/23
    Property Type: Single Family
    MLS Number: AR23177309
    Community: Altadena
    Status: Active


    Here is your opportunity to craft your dream home, nestled on the picturesque Grand Oaks street in Altadena. Bring your vision and style to restore the 3-bedroom, 2-bathroom house, with its tranquil yard and canopy of mature shade trees. While this home holds immense potential, it's important to note that this is a cash-only transaction and will not be eligible for conventional financing. Don't miss out on this unique opportunity to breathe new life into this Altadena gem.

    Listed with Tara Del Bosco CalDRE: 01985112 | 626-229-0909, 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/!


  • Mon, 25 Sep 2023 15:57:00 +0000: $1,100,000 :: 1968 El Molino Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 1,026 sq ft
    Lot Size: 5,655 sq ft
    Added: 09/14/23, Last Updated: 09/25/23
    Property Type: Single Family
    MLS Number: 23313445
    Community: Altadena
    The price of this listing was last reduced on 9/25/2023 by 4%
    Status: Active


    Welcome home to this quintessential and charming 1924 Altadena Spanish gem. Upon entry, you are greeted by the stunning and preserved architecture of a barrel-vaulted ceiling in the living room. The home also features, hardwood floors throughout, a gas fireplace in the living room, a cozy kitchen, and a formal dining room. The backyard is delightful and inviting with ample area to entertain or to have a private retreat under the covered patio. The backyard is very private and comes with a Meyer lemon tree. The property also comes with a garage and a large basement. Enjoy all that Altadena has to offer from amazing hiking and nature to incredible coffee and restaurants. Sold with plans for a 2-story ADU featuring 1,200sf for a 3b/2.5b. (Building plans may need to be re-instated). GREAT for owner user or builder/investor seeking to have a second home on the property contact agent for details. Do not miss this opportunity! Violet/Owner is a licensed real estate agent. Now being rented on Airbnb. Can be sold furnished or unfurnished. Can be delivered vacant.

    Listed with James Peddie CalDRE: 01942468 | 626-375-1731, Keller Williams Realty Los Feliz


    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, 25 Sep 2023 14:17:00 +0000: $1,499,000 :: 3361 N Fair Oaks Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,754 sq ft
    Lot Size: 10,133 sq ft
    Added: 09/19/23, Last Updated: 09/25/23
    Property Type: Single Family
    MLS Number: P1-15129
    Community: Altadena
    Status: Active


    Open: 9/30 - Saturday 1pm - 4pm 10/1 - Sunday 2pm-5pm Nestled in the foothills of the beautiful San Gabriel Mountains, it is walking distance to several hiking trails and surrounded by three magnificent parks all with free concerts in the park and one with Friday Farmers Market and an equestrian center. With an over 10,000 sq.ft lot, a pebble tech pool and spa, with electric pool cover ,a patio with a built-in BBQ and fireplace along with a stunning outdoor bar, it is truly an entertainer's delight!Step into this 1947 Traditional which has been tastefully updated. It's open floor plan has 3 bedrooms, 2 full baths, 2 fireplaces, a formal dining room, a bar closet and a breakfast nook that opens to the family room. The classic kitchen is equipped with all stainless appliances, including an oversized range with a confection oven and a wine refrigerator. The family room has a stunning vaulted ceiling with recessed lighting and an abundance of windows throughout which makes this home one you will not want to leave!Public Showing: 9/23 - Saturday - 4pm - 7pm9/24 - Sunday - 2pm - 5pm

    Listed with Craig Washington CalDRE: 01233017 | (626) 463-8174, Washington 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/!


  • Sun, 24 Sep 2023 17:04:00 +0000: $1,059,000 :: 145 E Calaveras Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 1,675 sq ft
    Lot Size: 9,375 sq ft
    Added: 09/21/23, Last Updated: 09/24/23
    Property Type: Single Family
    MLS Number: P1-15087
    Community: Altadena
    Status: Active


    Welcome to this home nestled in one of Altadena's most desirable, tree-lined neighborhoods. The property has been lovingly maintained while managing to retain its traditional charm. The manicured lawn and freshly updated front porch invite you in through the front door. Inside, the showpiece of the large living room is a unique Batchelder-style fireplace with oversized tiles depicting graceful trees. The living room also features wood shelving and trim as well as original floors. The home's eat-in kitchen is large, bright and airy. Newly painted cabinets provide plenty of storage and glass cabinets add even more brightness and allow plenty of display space. Additional kitchen and laundry work spaces are located on the adjacent covered porch. One spacious bedroom and bath and one en-suite bed and bath are found along the side hallway. A wood paneled bonus room can have multitudes of uses including a bedroom, office, den or game room.The separate guest house located just outside will make you feel like you are on vacation! This space includes a bedroom and an updated bath. With its stone-clad fireplace, wood paneling and wooden beams, guests will relish in the space. The terraced backyard is perfect for entertaining with tranquil outdoor seating and dining spaces. The upper terrace of the yard is lined by several fruit trees including avocado, guava, Meyer lemon, tangerine and orange trees! The house has a detached garage that has been converted to an artist's studio. Roof and windows have been recently updated. Though it feels like a private retreat, the property is located moments away from local shopping and dining areas. Don't miss your chance to see this traditional oasis!

    Listed with Lara Arslanian CalDRE: 01274839 | (626) 590-1243, 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/!


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