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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, 14 Dec 2019 17:38:00 +0000: $790,000 :: 1007 Sunmore Lane, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,579 sq ft
    Lot Size: 8,033 sq ft
    Added: 10/25/19, Last Updated: 12/14/19
    Property Type: Single Family
    MLS Number: 319004314
    Community: 604 - Altadena
    Tract: Not Applicable-604 (NA604)
    The price of this listing was last reduced on 12/14/2019 by 2%
    Status: Active


    Welcome home to The Meadows, a gorgeous and remote location in northern Altadena that is minutes from Pasadena yet allows you to escape from it all. Located on a private cul-de-sac, this home is incredibly unique. Grassy side yard and a large backyard that is open for your imagination as well as a detached accessory dwelling unit with full kitchen and bath. Extra-large step-down living room with soaring ceilings and gorgeous oversized brick fireplace as well as a formal dining room with tons of windows allowing the natural light to pour through. Original gleaming hardwood floors that are in fantastic shape, new exterior paint and new paint in the living room and formal dining room. Featuring two bedrooms, one full bathroom and a master en-suite. One car attached garage and a bonus room that could be a small office or second master closet. Boundless opportunities to make this home your own and an amazing chance to live in an incredible community surrounded by nature. BOM with no fault from the seller.

    Listed with Amy Dginguerian CalDRE: 01946366, The Agency


    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 Dec 2019 19:06:00 +0000: $676,000 :: 104 W LOMA ALTA Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 1,476 sq ft
    Lot Size: 0 sq ft
    Added: 10/21/19, Last Updated: 12/13/19
    Property Type: Single Family
    MLS Number: 19523490
    Community: 604 - Altadena
    Status: Active


    BACK ON MARKET, SUBJECT TO THE CANCELLATION OF THE CURRENT ESCROW. - MAJOR COUNTY OF LOS ANGELES SEWER LINE EASEMENT RUNNING DOWN THE MIDDLE OF THE PROPERTY. EXPANSION OPPORTUNITIES WOULD LIKELY BE SIGNIFICANTLY LIMITED BY THE LOCATION OF THIS EASEMENT. PLEASE TAKE THIS INTO CONSIDERATION WHEN SUBMITTING AN OFFER. SYSTEM WILL BE UP FOR OFFER SUBMITTAL MONDAY DECEMBER 16TH. Agents please see private remarks for offer presentation instructions. Please see private remarks for showing information. E-mails and texts are strongly preferred, phone calls may take longer to respond to. PROPERTY IS SOLD AS-IS, CASH OFFERS ONLY!!!!

    Listed with Cesar Reinoso CalDRE: 01117316, Reinoso 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, 13 Dec 2019 16:15:00 +0000: $609,000 :: 487 Crosby Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 1 bath
    Home size: 1,509 sq ft
    Lot Size: 5,790 sq ft
    Added: 12/13/19, Last Updated: 12/13/19
    Property Type: Single Family
    MLS Number: IN19280146
    Community: 604 - Altadena
    Status: Active


    Opportunity knocks! Fixer with lots of potential. This home has a spacious living room, dining room, nice sized bedrooms, a room upstairs and a bonus room off of the back. The backyard is expansive with plenty of room for play and entertaining. 1 car detached garage. Laundry hookups. Terrific location close to great restaurants, shopping, and more. Sold as-is.

    Listed with Jack Stephan CalDRE: 01916736, Strategic 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, 12 Dec 2019 12:23:00 +0000: $830,000 :: 320 Parkman Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,090 sq ft
    Lot Size: 10,072 sq ft
    Added: 12/12/19, Last Updated: 12/12/19
    Property Type: Single Family
    MLS Number: SR19279691
    Community: 604 - Altadena
    Status: Active


    Trust Sale. Great fixer opportunity on a winding culdesac street nestled in the beautiful Altadena foothills. Large 10,000+ sq ft. lot with a detached guest unit. 4 bedroom and 3 bathroom home with large entertaining living/family room area. Close to parks and hiking trails.

    Listed with Larry Bovshow CalDRE: 00768672, Trust Properties USA,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, 11 Dec 2019 13:10:00 +0000: $728,000 :: 4381 Rising Hill Road, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 1 bath
    Home size: 1,302 sq ft
    Lot Size: 7,406 sq ft
    Added: 10/09/19, Last Updated: 12/11/19
    Property Type: Single Family
    MLS Number: 819004705
    Community: 604 - Altadena
    Tract: Not Applicable - 1007242
    The price of this listing was last reduced on 12/11/2019 by 4%
    Status: Active


    Oops did we say ''The Meadows'' you bet your sweet bip we did. This little gem is a must-see beauty. Has been in the same family for over fifty years. All freshly painted both inside and out, refinished hardwood floors, Central Air, Copper Plumbing. This is a 3 bedroom and 1 bath treasure just waiting for you. Wide porch all across the front which makes this an even sweeter deal. Nice size flat lot, great for first time buyer or maybe downsizing, or just want to live in ''Beautiful Altadena'' one level, easy access and situated in the wonderful community called ''The Meadows''Also, there is a step-down den/study/music room/office as you wish, it's your call (with it's outside exit.). A good-sized kitchen with new floor, space for washer and dryer. This house has a Great feel and Good bones. Nice sized detached 2 car garage with remote. Close to hiking trails, situated at the foot of the Angeles Forrest. This is a wonderful spot that not everybody knows about, and the ones that do know, are so glad that they do. Easy Living in a great community.Wonderful ; Wednesday afternoon Farmer's Market at Loma Alta Park. Can't wait to have you see. This great house just became a very good buy with a 30,000.00 Price reduction

    Listed with Robert Bilheimer CalDRE: 01494607, Dilbeck Real Estate


    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 Dec 2019 12:10:00 +0000: $649,000 :: 2793 Lincoln Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 971 sq ft
    Lot Size: 8,277 sq ft
    Added: 11/28/19, Last Updated: 12/11/19
    Property Type: Single Family
    MLS Number: 819005361
    Community: 604 - Altadena
    Tract: Not Applicable - 1007242
    The price of this listing was last reduced on 12/11/2019 by 2%
    Status: Active


    This charming two bedroom, one bath home sits on a large corner lot with delightful curb appeal and lovely landscaped grounds. Built in 1923, this beautiful home has been thoughtfully updated while maintaining its character and charm and is move-in ready. Features include an open and inviting floor plan with combined living room/dining room area, lovely granite fireplace w/wood mantle, gorgeous oak flooring throughout, recessed lighting and energy efficient windows. The spacious kitchen offers granite counters, mission-style cabinets, stainless steel appliances and a garden window over the sink. French doors off the kitchen opens out to a nice sized patio and large grassy yard - perfect for entertaining and relaxation, with mountain top views, spa w/stereo/cd player, numerous fruit trees and vegetable garden area. A long driveway leads to the detached garage w/adjacent laundry room in the back of the home. Recent upgrades include: new roof, siding and copper plumbing. This is truly a wonderful home located near the foothills, hiking trails, JPL, Rose Bowl and all that Altadena and Pasadena has to offer.

    Listed with Kathy Campbell CalDRE: 01740953, 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/!


  • Wed, 11 Dec 2019 12:10:00 +0000: $729,900 :: 183 W Woodbury Road, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 945 sq ft
    Lot Size: 6,378 sq ft
    Added: 11/17/19, Last Updated: 12/11/19
    Property Type: Single Family
    MLS Number: CV19266831
    Community: 604 - Altadena
    The price of this listing was last reduced on 12/11/2019 by 3%
    Status: Active


    Back-unit 3 bedrooms-2-bathroom ADU-approved. Completely remodeled 2-bedroom-1-bathroom front house. All new copper lines for water and gas; all electrical are rewired with new new electrical panel. New home owner(s) won't have to fix any electrical, and gas related problems for the next 10+ years. Newly installed central air conditioning system, both heater and A/C unit. New energy efficient double-pane windows with iron bars throughout. New exterior paint. All new kitchen cabinets, kitchen counter tops, new kitchen sink with water filtration system. Brand new matching Samsung black stainless steel stove, ventilator and dish washer. New water-proof vinyl floor through-out the entire front house accept tiles in bathroom. New shower panel with LED displays, new toilet, vanity unit, new LED bathroom fan, new electrical powered mirror with anti-fog capability. A modern natural-gas fireplace. Brand new driveway, new front electrical gate and front-fence. Back-unit ADU Permits are available upon request.

    Listed with JACK JIANG CalDRE: 01913961, GOGO REALTORS R.H. CORP.


    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 Dec 2019 18:12:00 +0000: $675,000 :: 2134 EL SERENO Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 2 baths
    Home size: 0 sq ft
    Lot Size: 0 sq ft
    Added: 10/12/19, Last Updated: 12/10/19
    Property Type: Single Family
    MLS Number: 19520042
    Community: 604 - Altadena
    The price of this listing was last reduced on 12/10/2019 by 10%
    Status: Active


    Lovely Altadena single story home filled with wonderful character, style and charm. This private and gated farm house cottage was built in 1945. A terrific home brimming with unique period and updated details. Known as the Canada Vista Park area this 2 bedrooms and 2 baths gem has a large 8,962 square foot flat lot. The over sized yard in the rear has endless possibilities with a 3 car garage aka Man Cave/Studio/Accessory Dwelling Unit with full bathroom. The ample kitchen with an eat in area has stainless steel fridge, stainless steel stove and laundry room with full size washer and dryer. There are double pane windows, rear patio areas for entertaining, outdoor barbecue and room for a pool. This is the one that you have been waiting for.

    Listed with Brian V Moore CalDRE: 01220178, 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, 05 Dec 2019 21:17:00 +0000: $892,833 :: 647 E Palm Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 1,628 sq ft
    Lot Size: 6,434 sq ft
    Added: 11/17/19, Last Updated: 12/05/19
    Property Type: Single Family
    MLS Number: CV19266739
    Community: 604 - Altadena
    The price of this listing was last reduced on 12/5/2019 by 8%
    Status: Active


    Huge Price Reduction!!! Nestled in the foothills of Altadena is this beautifully remodeled 4 bedroom, 3 bathroom spacious home. As you step up to this unique craftsman colonial mid century home, you are greeted with a large welcoming front yard that is accented with a relaxing courtyard. Enter through the front door to a large bright living room and dining room that leads you to your newly remodeled kitchen. You will enjoy your all new stainless steel appliances that are uniquely incorporated into smooth quartz counter top/ island finish, decorative back splash, pot filler and a spacious walk-in pantry. The sliding door off the kitchen segues into the landscaped, private, relaxing, shady backyard that is situated on a small elevated perch that is perfect for entertaining. There is plenty of natural light throughout the home for you to enjoy. The carefully refinished, hardwood floors give off a warmth & charm that flows throughout the entire home. Down the hallway, you will find the indoor laundry room, 3 spacious bedrooms, a second bathroom, and the private master bedroom suite w/ the 3rd bathroom. There's more, the home also includes an attached 2 car spacious garage. Don't miss your chance to own this gorgeous home in a much desired neighborhood at the base of the Altadena Foothills!

    Listed with KEVIN GEORGE CalDRE: 01504291, COLDWELL BANKER TOP TEAM


    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, 04 Dec 2019 13:38:00 +0000: $1,972,000 :: 632 Coate Court, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    5 beds, 4 baths
    Home size: 4,752 sq ft
    Lot Size: 10,895 sq ft
    Added: 12/04/19, Last Updated: 12/04/19
    Property Type: Single Family
    MLS Number: OC19274869
    Community: 604 - Altadena
    Status: Active


    Spacious French Villa Estate at foothills of San Gabriel Mountains in quiet and prestigious Altadena gated community of La Vina offers proximity to everything while providing secure, peaceful and recreational retreat, complete with swimming facilities, private hiking trails, park and meditative oak groves. This quarter-acre estate is one of the largest lots in La Vina with expansive views. Vaulted circular foyer, spacious hallway, formal dining room, modern living room with fireplace, French doors and dramatic two-story ceilings. Private en-suite bedroom with full bathroom perfect for guests and features private entry off side patio covered by trellis and Wisteria vines. Large open-kitchen with substantial granite-island, walk-in pantry, stainless-steel Kitchen Aid appliances and matching Sub-Zero refrigerator. Sunny dining alcove shares two-sided smart-gas fireplace with one of two family rooms. Second large downstairs bedroom has walk-in closet and exterior French doors, could be used as a study, library or personal office. Panoramic views from the second story balcony off master suite with en-suite bathroom and a bonus room for a nursery/6th-bedroom/second office. Grand walk-in closet connects to additional 300 sf built-out attic storage. Two Jack and Jill bedrooms off second large family room have separate vanities flanking full bathroom. The backyard with flagstone rounds-out this gorgeous property with two enchanting patios and features over-sized saltwater spa.

    Listed with Emmett Dalton CalDRE: 00959147, Dalton Real Estate


    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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