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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, 22 Oct 2021 17:15:00 +0000: $980,000 :: 1016 Beverly Way, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,192 sq ft
    Lot Size: 6,970 sq ft
    Added: 10/22/21, Last Updated: 10/22/21
    Property Type: Single Family
    MLS Number: P1-7190
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    Finally! The perfect home you have been searching for ... pristine and move in ready is located in a very desirable area of Altadena, convenient to shops, dining and more. In addition to three bedrooms and two full bathrooms, this home offers a sunlit office and deck overlooking an expansive yard perfect for play and entertaining. There are beautiful hardwood floors, recessed lighting, fireplace, and freshly painted interior. Laundry room off kitchen has lots of storage cupboards, hand washing sink and an area for folding. Enjoy the amazing view of the San Gabriel mountains from the living room. Lemon tree, fig tree and kumquat tree are in the backyard. Have fun with the activities and summer concerts at Farnsworth Park. This property is waiting for ''YOU'' to call it a Home-Sweet-Home!

    Listed with Ellie Viray CalDRE: 01239528, 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/!


  • Fri, 22 Oct 2021 12:39:00 +0000: $699,000 :: 91 W Harriet Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 755 sq ft
    Lot Size: 5,228 sq ft
    Added: 10/22/21, Last Updated: 10/22/21
    Property Type: Single Family
    MLS Number: P1-7181
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    Welcome home to this charming Spanish home in Altadena featuring 2 bedrooms, 1 bathroom, an expansive backyard, and a finished space in the backyard that is used as a home office. Curb appeal exudes with the grassy front lawn, the Spanish-style architecture, the Spanish tile roof, the tasteful color palette exterior, and the tree in the front. Past the front door, one is struck by the open floor plan that showcases both the living room and the kitchen. The living room features engineered hardwood flooring which is consistent throughout the entire home, built-in shelving, a ceiling fan/light system, and a large window that allows for natural light to enter into the home. The living room seamlessly opens up to the stylish kitchen that features recessed lighting, granite countertops, a granite backsplash, large custom cabinets, pull-out drawers, double sinks, a Frigidaire cooktop, a Frigidaire refrigerator, a hood, and a door that leads to the backyard. On the opposite side of the home sit the two bedrooms and the bathroom. The first bedroom features engineered hardwood flooring, a ceiling fan/light system, a closet, and two windows, one that overlooks the front grounds and one that faces the side grounds. The second bedroom features hardwood flooring, a sliding door closet, and a ceiling fan/light system. In between the bedrooms is the jack and jill bathroom that features a vanity with a single sink, a medicine cabinet, and a shower/tub combo that has tiling inside that extends to the ceiling. There are many things to love about this home, especially the expansive backyard that features a lovely cement patio area which is ideal for dining al fresco! Lovely trees and vegetation surround the private backyard which also showcases an adorable treehouse as well as a finished space that is used as a home office. In addition, the backyard also features a detached one-car garage. With the beautiful curb appeal, the cozy living room, and the expansive backyard, you won't want to miss the opportunity to call this charming Spanish home in Altadena yours!

    Listed with Jason Berns CalDRE: 01787757, 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, 22 Oct 2021 10:43:00 +0000: $950,000 :: 680 W Calaveras Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 1,288 sq ft
    Lot Size: 9,148 sq ft
    Added: 10/22/21, Last Updated: 10/22/21
    Property Type: Single Family
    MLS Number: PF21230473
    Community: Altadena
    Status: Active


    Cozy, move-in ready home on the market for the first time in over 40 years. You will find this home in a very quiet cul de sac near popular hiking trails and Altadena stables. When you enter the home, you will find a bright living room on the left hand side and two bedrooms, a shared full bath on the right side of the entry. Kitchen between the living room and the family room has new cabinets and a new tiled countertop. Guest house has a new bath vanity, a standing shower, laundry room, new tile flooring, windows and sliding door. The home features a spacious front and back yard, including a new roof, paint, flooring, kitchen appliances, water heaters, and paved driveway. The long driveway can accommodate multiple cars, RV or boat parking. This wonderful home is only minutes away from JPL, Pasadena, and the 210 freeway.

    Listed with Kofen Chang CalDRE: 01951860, Redfin Corporation


    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, 19 Oct 2021 22:10:00 +0000: $1,000,000 :: 1946 N Harding Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 1,165 sq ft
    Lot Size: 5,663 sq ft
    Added: 10/19/21, Last Updated: 10/19/21
    Property Type: Single Family
    MLS Number: P1-7149
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    Just imagine coming home to this charming 2 bedroom / 1 bathroom traditional split level home located in the desirable Presidents Street neighborhood of Altadena. This beautiful home speaks of comfort and warmth the moment you step through the front door. The more you see the more you will appreciate the all the upgrades that have been made. The warm and inviting living room features crown molding, built in shelves, newly refinished hardwood floors and leads right into the charming dining room. The dining area boasts storage, built-in shelves, newly refinished floors and French doors that lead to the spacious deck outside. Cooking is a joy in this updated kitchen that boasts butcher block counter tops, stainless steel appliances, double oven and views to the backyard. Both bedrooms have hardwood floors, have wonderful natural lighting and are located upstairs. Enjoy the majestic oak tree from the incredibly large deck. Entertaining is a joy with multiple areas to gather. Located close to the hiking trails, waterfall at Eaton Canyon and local eateries. Welcome home!

    Listed with Sylvia Vega CalDRE: 01879957, 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/!


  • Tue, 19 Oct 2021 17:42:00 +0000: $1,295,000 :: 2089 Mar Vista Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,889 sq ft
    Lot Size: 7,406 sq ft
    Added: 10/18/21, Last Updated: 10/19/21
    Property Type: Single Family
    MLS Number: P1-7139
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    This graceful 2 story Mediterranean is settled on a soothing street in the prestigious country club area of Altadena. The porch overlooks a verdant yard with a pair of maple trees. You open a beautifully stained wood door adorned with glass panels into an elegant living room with a coved ceiling that captures the sunshine coming through the picture window. Twin windows frame & add drama to a noble fireplace, adorned with a wood mantle & designer tile. On the opposite side you approach an intimate den defined by an arched opening where you can see the hardwood flooring run throughout this open floor plan. The kitchen has been remodeled with shaker cabinets, farm style sink, quartz countertops, a blue tile backsplash & an island with a butcher block counter. Off the chic dining area there's a small bedroom acting as a creative space. The main bathroom has been remodeled with festive tile, a floating wood vanity & oversized subway tile in the shower. French doors open to a welcoming covered wooden deck looking out over a lush backyard & guest house beneath the canopy of a majestic oak tree. Back inside, you head towards the stairs & spot an adorable dog nook just under the stairs. Upstairs is home to a spacious bathroom with an oversized shower & separate tub with blue glass accent tile, pedestal sin & period style hexagonal tile. The radiant master suite is generous with an additional private sitting area that sets it apart from the other bedroom.

    Listed with Cariy Hernandez CalDRE: 01211566, 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/!


  • Mon, 18 Oct 2021 20:35:00 +0000: $1,350,000 :: 417 E Mendocino Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,257 sq ft
    Lot Size: 10,019 sq ft
    Added: 10/13/21, Last Updated: 10/18/21
    Property Type: Single Family
    MLS Number: 21795042
    Community: Altadena
    The price of this listing was last reduced on 10/18/2021 by 10%
    Status: Active


    First Time on the Market since 1970.. This home features a 4 bedroom 2 and 1/2 bath, Family room.. Quite and sought out neighborhood. This property will not last long. Investors and cash offer welcomed. In need of TLC.. Large Backyard for entertaining guest..

    Listed with Angela Dowell CalDRE: 01350429, Pasuba Realty Partners


    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, 18 Oct 2021 10:51:00 +0000: $1,199,000 :: 700 W Calaveras Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,928 sq ft
    Lot Size: 9,148 sq ft
    Added: 10/18/21, Last Updated: 10/18/21
    Property Type: Single Family
    MLS Number: P1-7121
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    Located on a picture perfect West Altadena cul-de-sac, this spacious 3 bed, 2 bath dream home is the serene retreat you have been searching for. Featuring an inviting oversized living room with panoramic San Gabriel mountain views, it also offers a fireplace, central HVAC, a family room, formal dining room and an entertainer's back yard with mature fruit trees. Additionally there is a detached soundproof multimedia studio space with its own mini split AC. This bonus space was custom created for video production, sound recording or just as an ultimate dedicated zoom/work-from-home office space. Biking, hiking, and one of the worlds first Frisbee disc golf courses are just blocks away in the Hahamonga watershed park, one of the most scenic collection of trails, washes and parks in the San Gabriel Mountains. It's time to come home.

    Listed with Matthew Littell CalDRE: 01329989, deasy penner podley


    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, 18 Oct 2021 03:07:00 +0000: $1,250,000 :: 2888 Reposa Lane, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 2 baths
    Home size: 1,392 sq ft
    Lot Size: 21,345 sq ft
    Added: 09/27/21, Last Updated: 10/18/21
    Property Type: Single Family
    MLS Number: P1-6980
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    A lovely secluded property in upper Altadena. There is an original Quansett Hut on the property which has been used as living space for many years. One of the bathrooms has a walk in tub. A deck for evening dining, entertaining, a space for enjoying the out of doors. Peaceful surroundings. Plenty of closet space. This property has 2 parcels(one legal lot- 2 tax bills), lot size figures are based on the assessors maps. 13,100 square feet + 8,450 square feet.

    Listed with Paula Walker CalDRE: 01054855, 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/!


  • Sun, 17 Oct 2021 13:54:00 +0000: $849,000 :: 952 Dolores Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,480 sq ft
    Lot Size: 7,406 sq ft
    Added: 10/17/21, Last Updated: 10/17/21
    Property Type: Single Family
    MLS Number: 21795016
    Community: Altadena
    Status: Active


    It is said that one shouldn't judge a book by its cover, and that is certainly the case with 952 Dolores. Potential abounds within this Altadena residence; it has recently been partially updated with newer electrical and plumbing systems, central air and heating system, and recent improvements to the kitchen and baths. Located on a lovely Altadena Street this home is a fixer in need of a new owner who has the love and the vision to restore it back to its former stature. The property offers a great floorplan, including three bedrooms and two baths, an open kitchen/family room area. Don't be deterred by the outward appearance of this residence, opportunity lies within.

    Listed with Nicholas S. Cacarnakis CalDRE: 01218053, 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/!


  • Sun, 17 Oct 2021 03:16:00 +0000: $649,000 :: 2912 Wagner Court, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    1 bed, 1 bath
    Home size: 900 sq ft
    Lot Size: 2,614 sq ft
    Added: 08/16/21, Last Updated: 10/17/21
    Property Type: Single Family
    MLS Number: P1-6576
    Community: Altadena
    Tract: Not Applicable
    The price of this listing was last reduced on 10/17/2021 by 4%
    Status: Active


    Enjoy the real charm in this 1927 expanded home. When approaching the home, note the white picket fence surrounding the front yard, neighborly front porch and bungalow roof line. When stepping inside you see the stylized living room ceiling with fan and perfect corner dining room cabinets. The cozy kitchen is open to the dining room. In addition to the one bedroom, there is a light, bright den with built in bookcases and storage. The garage is converted to a spacious bonus room with a built in custom work station and cabinets, recessed lighting, and loft storage. Relax or entertain in outside area in back, picnic table is ready.Welcome home. Nestled high in the foothills this home is located on a quiet private street. The attic has a pull down ladder for easy access to storage space. There is a storage shed at the side of the home that is included.Outside laundry sink could be a good place to bathe your pets! Enjoy mountain views, nearby hiking trails, easy proximity to JPL, downtown LA, Burbank Studios, Rose Bowl and all the amenities Pasadena has to offer.

    Listed with Anita Gray CalDRE: 00871686, Deasy Penner Podley


    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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