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.
- Wed, 19 Jan 2022 12:13:00 +0000: $1,349,000 :: 3067 Maiden Lane, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 4 baths
Home size: 2,057 sq ft
Lot Size: 6,534 sq ft
Added: 01/19/22, Last Updated: 01/19/22
Property Type: Single Family
MLS Number: P1-7976
Community: Altadena
Tract: Not Applicable
Status: Active
Nestled in the foothills is this fabulous traditional home with majestic mountain views. The home sits above maiden lane and offers 3 bedrooms and 2 baths with a private master suite. Once you pass the brick entryway, you will find a warm whitewashed fireplace in the large living room. This room opens to the front deck and the dining area / kitchen area. The kitchen is a classic black and white farmhouse feel with gas cooktop and Electric Double wall oven. This is at the heart of the home making it a perfect place to gather and entertain.Two bedrooms are found on the main floor and share the hallway bath. One bedroom has direct back yard access..The kitchen also leads to the back where you may enjoy the sounds of a waterfall fountain while taking in the gorgeous San Gabriel mountain view.The master bedroom and bath are located on the lower level that is accessed by stairs to the left of the kitchen. This location is perfect for nature lovers who like hiking and prefer more of a rural setting. Call for Appt today
Listed with Deena Willis CalDRE: 01354143 | (626) 483-8840, RE/MAX Top Producers
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, 19 Jan 2022 10:46:00 +0000: $897,500 :: 227 E Altadena Drive, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 1,362 sq ft
Lot Size: 7,506 sq ft
Added: 09/13/21, Last Updated: 01/19/22
Property Type: Single Family
MLS Number: 21773486
Community: Altadena
Tract: 14672
The price of this listing was last reduced on 1/19/2022 by 10%
Status: Active
Location, location, location. Needs work. Ideal for Sophisticated Residential Property Investor.
Listed with Kathy M. Ussery CalDRE: 01195184 | 213-760-5095, AMFAC Real Estate 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/! - Wed, 19 Jan 2022 04:11:00 +0000: $894,999 :: 453 Alberta Street, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 1 bath
Home size: 1,488 sq ft
Lot Size: 5,759 sq ft
Added: 12/08/21, Last Updated: 01/19/22
Property Type: Single Family
MLS Number: 320009022
Community: Altadena
Tract: Not Applicable-105
Status: Active
Fantastic opportunity to own in beautiful Altadena. This 3 bed home offers a thought out floor plan with spacious common spaces and bedrooms. There are Spanish character details in the living room and dining room and some hardwood floors visible. In addition, there is a laundry room adjacent to the kitchen with access to the backyard, a good sized backyard and a detached garage. So many possibilities to make this your own sweet home. Run don't walk to see this great property!
Listed with Fabiola Patron-Covian CalDRE: 01386024 | 818-790-0048, Keller Williams Realty La Cana
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, 18 Jan 2022 08:39:00 +0000: $1,263,000 :: 3262 FAIR OAKS Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 1,762 sq ft
Lot Size: 7,488 sq ft
Added: 01/18/22, Last Updated: 01/18/22
Property Type: Single Family
MLS Number: 22119441
Community: Altadena
Status: Active
This Altadena one-story home offers a patio, granite countertops, and a two-car garage.
Listed with Ben Braksick CalDRE: 02120512 | 323-375-2425, Opendoor Brokerage 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/! - Mon, 17 Jan 2022 15:56:00 +0000: $1,485,000 :: 1885 Grand Oaks Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 2,373 sq ft
Lot Size: 9,736 sq ft
Added: 01/11/22, Last Updated: 01/17/22
Property Type: Single Family
MLS Number: P1-7952
Community: Altadena
Tract: Not Applicable
Status: Active
Located in the coveted President's Streets in Altadena, this remodeled Traditional home is proudly situated with stunning views of the San Gabriel Mts. With an abundance of natural light, the 3 Bedroom, 2 bath home has been completely renovated and offers a floor plan suited to today's lifestyle. The living room has a lovely fireplace and opens to the grand formal dining room with built-in china cabinets. A separate den with built-in bookcases opens to the rear patio. The chef's kitchen includes double ovens, a 5 burner gas cooktop, wine refrigerator and a large center island with barstool seating. The kitchen opens to a family room with French doors leading to the patio making it absolutely perfect for entertaining. Luxurious and light filled, the primary bedroom offers lovely garden views and includes French doors opening to the patio. This bedroom features a large private closet with California Closet cabinetry and is a dream come true. Double sinks, tub and shower complete the master bath. There are 2 secondary bedrooms which share a lovely remodeled bathroom with soaking tub and separate shower. One of the bedrooms is currently being used as an in-home office with beautiful built in cabinetry. Additional features include gleaming hardwood floors, deep moldings, wainscoting, a tankless water and newer energy efficient windows throughout the home. The green rear yard is completely fenced and very private. There is a 2 car garage and a good size storage shed.Relax in the backyard or sit on the charming front porch gazing at the mountains. This home is not to be missed.
Listed with Terry Shelton CalDRE: 00776479 | (626) 497-1998, Sotheby's International 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/! - Mon, 17 Jan 2022 14:05:00 +0000: $849,000 :: 1073 Hollygrove Lane, Altadena CA, 91001 - Altadena - Homes for Sale
3 beds, 2 baths
Home size: 1,076 sq ft
Lot Size: 7,027 sq ft
Added: 08/12/21, Last Updated: 01/17/22
Property Type: Single Family
MLS Number: PF21179500
Community: Altadena
Status: Active
A wonderful opportunity awaits you in The Meadows, tucked away in the Altadena foothills. This 3-bedroom 2-bath ranch-style home sits on a quiet cul-de-sac in a peaceful and serene setting, providing the sanctuary that home is meant to be. The kitchen is light and bright with French doors that open to the backyard patio, bringing in fresh air and creating a space well-suited for entertaining friends and family. The detached full-size garage is accessible via a covered breezeway and includes a spacious laundry area and the space can be easily converted to an ADU or home office. The home features Pella windows and recent improvements include fresh paint inside and out, beautifully refinished hardwood floors, and a new driveway. A complete list of amenities is attached to this MLS. This turnkey home won’t last long!
Listed with Douglas Colliflower CalDRE: 01936718 | 626-797-7622, Berkshire Hathaway Home Services
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, 17 Jan 2022 13:41:00 +0000: $989,000 :: 766 E Mendocino Street, Altadena CA, 91001 - Altadena - Homes for Sale
2 beds, 1 bath
Home size: 1,239 sq ft
Lot Size: 4,836 sq ft
Added: 01/17/22, Last Updated: 01/17/22
Property Type: Single Family
MLS Number: PF22009576
Community: Altadena
Status: Active
Welcome to this tastefully remodeled home nestled in the neighborhood of Altadena just a couple of blocks away from the beautifully tree lined Christmas tree lane. The mountain views that surround the home are breathtaking. This home has been completely remodeled with perfect finishes such as quartz counters, gold hardware, and a spark of blue tile to add the perfect touch. This home is ready to move in. It also includes a fully renovated kitchen and bathroom, new floors, new windows, new HVAC system, new tankless water heater, and new 200 amp panel. On the exterior home features new landscaping with sprinkler system. This home will not last.!! Offers are due by Wednesday January 26, 2022 at 12:00 noon.
Listed with Danny Villela CalDRE: 01793116 | 626 319 3144, BOT 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/! - Fri, 14 Jan 2022 13:07:00 +0000: $1,298,000 :: 2282 New York Drive, Altadena CA, 91001 - Altadena - Homes for Sale
4 beds, 2 baths
Home size: 1,824 sq ft
Lot Size: 8,251 sq ft
Added: 01/13/22, Last Updated: 01/14/22
Property Type: Single Family
MLS Number: AR22007958
Community: Altadena
Status: Active
Located in the sought-after town of Altadena, this immaculate 1948 traditional four bedroom, 2 bath family home has been tastefully updated with all the modern amenities of today. The open floor plan allows for a natural flow, with light airy rooms leading towards the tranquil pool area. Enjoy spectacular views of the San Gabriel Mountains from the inviting living room with its fireplace and exposed beam ceiling along with its warm wood floors. The fully updated kitchen is ideal for entertaining and offers stainless steel appliances, natural stone counters and ample cabinetry. The spacious dining room with baking area offers easy access via sliding French doors to the outdoor patio, perfect for family gatherings. The remodeled pool offers the PebbleTec finish along with updated equipment. Other highlights of the home include a den/home office, a laundry area with built-in cabinets, updated doors and windows throughout, newer central air and heat unit, a newer tankless water heater and a fully updated ¾ hall bath. The home also offers an automatic driveway gate and a detached 2-car garage. Don't miss this gracious home, with stunning curb appeal, on one of our area's most desirable streets.
Listed with Luther Tsinoglou CalDRE: 01135433 | 626-507-3029, 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/! - Thu, 13 Jan 2022 06:36:00 +0000: $624,900 :: 2912 Wagner Court, Altadena CA, 91001 - Altadena - Homes for Sale
1 bed, 1 bath
Home size: 900 sq ft
Lot Size: 2,653 sq ft
Added: 08/16/21, Last Updated: 01/13/22
Property Type: Single Family
MLS Number: P1-6576
Community: Altadena
Tract: Not Applicable
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 | (818) 790-1183, 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, 12 Jan 2022 15:54:00 +0000: $1,988,000 :: 3915 N Old Toll Road, Altadena CA, 91001 - Altadena - Homes for Sale
4 beds, 4 baths
Home size: 3,881 sq ft
Lot Size: 7,419 sq ft
Added: 01/12/22, Last Updated: 01/12/22
Property Type: Single Family
MLS Number: P1-7900
Community: Altadena
Tract: Not Applicable
Status: Active
Crafted for effortless entertaining and contemporary living, this Spanish Colonial Revival residence is sure to inspire! Discover a seamless blend of indoor and outdoor living that takes advantage of a peaceful cul-de-sac location in the gated La Vina community. Step into its impressive layout that displays soaring ceilings, engineered hardwood flooring, and built-in surround sound speakers in the main rooms of the home. Striking features are displayed across the gathering areas, from the towering fireplace in the living room to the custom-designed wine nook adjacent to the kitchen, complete with wine refrigerator, custom walnut cabinetry, and the artfully designed wall sculpture. The open-floor plan allows the entertainment space to flow into the remodeled family room that showcases an upgraded media wall with elegant built-in cabinetry with 24'' storage space. Its expansive sliding glass doors whisk you to a backyard oasis with the Verdugo and San Gabriel Mountains as a backdrop. Unwind in the premium California room under a solar-control, glass pyramid skylight while enjoying your favorite TV show or relaxing by the fire with music playing overhead. Host weekend get-togethers with the new outdoor kitchen featuring many built-ins, including a beverage refrigerator and a 36'' built-in grill. For a more intimate setting, there is a private courtyard with a beautiful outdoor fireplace. Come explore this stunning home in person! It won't last long!
Listed with Megan Ferrell CalDRE: 01705291 | (626) 205-4040, 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/!
