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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, 04 Dec 2021 12:10:00 +0000: $1,150,000 :: 345 E Mendocino Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 2,049 sq ft
    Lot Size: 10,019 sq ft
    Added: 12/03/21, Last Updated: 12/04/21
    Property Type: Single Family
    MLS Number: 21109945
    Community: Altadena
    Status: Active


    If lush tree-lined streets, gorgeous mountain backdrops, and serene blue pools appeal to you then you must see this home! There is unlimited potential to create your dream home in this three bedroom, two bath, pool home with central air and heat. This home boasts a large formal dining room, toasty fireplace in the living room, a front den/sitting room that could easily be converted into a fourth bedroom, and a sunroom/enclosed patio. There are multiple skylights throughout the home that provide gentle illumination. The back of the lot is raised and holds the in-ground pool and spa. There is plenty of additional backyard space to create your personal garden oasis. For a final bonus, this home already has solar panels. Be ready to give needed TLC and your personal touch. Do not disturb occupants. Agents must read private notes.

    Listed with Melissa Barlow CalDRE: 01498928 | 310-802-2400, Re/Max Execs


    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, 04 Dec 2021 08:56:00 +0000: $1,200,000 :: 4450 Rising Hill Road, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,501 sq ft
    Lot Size: 7,841 sq ft
    Added: 11/29/21, Last Updated: 12/04/21
    Property Type: Single Family
    MLS Number: P1-7651
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    Let the sun shine in! With large picture windows throughout the house, this home is super sunny. Set in a very desirable location overlooking Millard Canyon in The Meadows of Altadena with sweeping views to the mountains, canyon and San Gabriel Valley. The entryway leads to an open floorplan of the living room, dining room and kitchen. Granite counters and stone floor in the kitchen with plenty of storage. Two bedrooms, full bath, hall linen closet and second closet at the front of the home. The third bedroom suite is exceptionally large with walk-in closet, French doors to the back patio, views to the canyon. The spacious bathroom has double sinks, a large rain shower and picture window with views to the canyon. Hardwood floors throughout. The back yard is spacious, has a patio seating area and a perfect place to take in the nature and views. The Meadows is known for its quiet, abundant nature and access to trails. It's a very connected neighborhood where neighbors actually know each other! Other features include central air, two car garage, and laundry hook-ups. Welcome to The Meadows.

    Listed with Gregory Stanton CalDRE: 01482973 | (626) 644-4760, 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/!


  • Fri, 03 Dec 2021 17:25:00 +0000: $799,000 :: 2213 -1/2 Casitas Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,245 sq ft
    Lot Size: 4,792 sq ft
    Added: 12/03/21, Last Updated: 12/03/21
    Property Type: Single Family
    MLS Number: RS21258684
    Community: Altadena
    Status: Active


    This Charming 3 Bedroom 1.5 bath traditional home sits at the end of a cul-de-sac. Each bedroom is a nice size with wall to wall original hard wood floors . All the rooms including the living room have large windows, which give a open feel to the home. The kitchen has been remodeled with new cabinets and laminate flooring. The full bathroom is delightfully remodeled with a shower with ceramic tiles. There is a separate laundry room that also has a bath. Great Starter home. A must see! One of the lowest priced homes in the area.

    Listed with Juan Galvan CalDRE: 01357424 | 562-7550500, Juan Galvan Broker


    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, 03 Dec 2021 13:41:00 +0000: $1,298,000 :: 3216 Grandeur Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,293 sq ft
    Lot Size: 7,406 sq ft
    Added: 12/03/21, Last Updated: 12/03/21
    Property Type: Single Family
    MLS Number: P1-7644
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    Welcome home to this beautifully, remodeled three-bedroom, two-bathroom Janes Cottage located in the sought-after and historic Janes Village Neighborhood in Altadena. With the San Gabriel Mountains as the backdrop, this picture-perfect home exudes curb appeal with its unique architectural design and manicured front lawn. As you enter the home, one is struck by the open floorplan that showcases a spacious dining room, a stunning living room, and an updated, modern kitchen. With designer touches throughout the home, one is immediately attracted to the vaulted ceilings in the living room and kitchen with its exposed beam, chandeliers, inviting fireplace, custom kitchen cabinets, and large picture windows. The home is adorned with oak flooring throughout, custom lighting, designer tile in the kitchen and bathrooms, base moldings and stone countertops. The newly, remodeled kitchen is upgraded with custom cabinetry, quartz countertops, chevron backsplash, and Samsung stainless steel appliances. Both bathrooms have custom vanities, quartz countertops, gold and black fixtures and floor to ceiling tile work. There are many reasons to fall in love with this exquisite home, especially the expansive backyard that boasts a spacious deck and seating areas that are ideal for dining al fresco, mature trees, a large back lawn, and a converted garage complete with a large, open area perfect for a home office, studio, or guest quarters complete with a bathroom and kitchenette. This home has been professionally updated inside and out and has it all! With the allure of the historic Janes Village Neighborhood, the professionally remodeled living areas, the finished space in the backyard, and the expansive backyard, this home is ready for the next owner to call it their own.

    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, 02 Dec 2021 11:49:00 +0000: $906,000 :: 648 Stonehurst Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 1,420 sq ft
    Lot Size: 6,534 sq ft
    Added: 12/02/21, Last Updated: 12/02/21
    Property Type: Single Family
    MLS Number: 21109291
    Community: Altadena
    Status: Active


    This Altadena one-story home offers an in-ground pool, granite countertops, and a two-car garage. This home has been virtually staged to illustrate its potential.

    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/!


  • Wed, 01 Dec 2021 21:15:00 +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: 12/01/21
    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 | (626) 825-5550, 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, 01 Dec 2021 19:20:00 +0000: $799,900 :: 2932 Casitas Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 1,382 sq ft
    Lot Size: 6,970 sq ft
    Added: 11/30/21, Last Updated: 12/01/21
    Property Type: Single Family
    MLS Number: CV21257078
    Community: Altadena
    Status: Active


    more photos coming soon

    Listed with CESAR GOMEZ CalDRE: 01876957 | 949-525-0651, ALIGN HOMES


    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, 01 Dec 2021 12:14:00 +0000: $1,699,000 :: 1817 Midwick Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,972 sq ft
    Lot Size: 8,712 sq ft
    Added: 12/01/21, Last Updated: 12/01/21
    Property Type: Single Family
    MLS Number: CV21255198
    Community: Altadena
    Status: Active


    Charming 3 bedroom, 2 bath 1947 traditional home located on a quiet street in the highly desirable Altadena Town & Country Club neighborhood. This home shows pride of ownership throughout and has been meticulously updated and maintained to preserve its original character. Owner has spared no expense at all! Refinished original hardwood floors and crown molding throughout. Milgard dual glazed windows. Updated kitchen and bath with granite counter tops, new refrigerator, dishwasher, washer & dryer and water heaters. Gas fireplace in the living room. Fresh paint inside and out. Drought-tolerant landscaping watched over by a magnificent oak tree. Hardwired alarm system with cameras and alarmed window screens. 200-amp electrical service with owned solar panels. Copper plumbing, Carrier high efficiency HVAC and new attic insulation. Brand new natural gas Generac whole-home backup generator. Galvanized rain gutters with LeafGuard filters. Abundant storage throughout. Seismically retrofitted foundation. Large backyard with redwood fencing that provides a peaceful oasis with spectacular mountain views, Meyer lemons, Satsuma mandarins, and year-round colorful landscaping. This home is one of a kind, a must see!

    Listed with DANIEL COLLINS CalDRE: 01980251 | 626-335-5067, CITRUS EDGE 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, 01 Dec 2021 05:51:00 +0000: $948,000 :: 1815 Morada Place, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 1,287 sq ft
    Lot Size: 8,277 sq ft
    Added: 10/27/21, Last Updated: 12/01/21
    Property Type: Single Family
    MLS Number: P1-7613
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    This 2 bedroom, 1 bath home with a bonus room has the perfect blend of charm and modern improvements. The formal living room is adorned with a wood-burning fireplace and original solid oak hardwood flooring. The spacious kitchen has an eat-in area, soft-close wood cabinetry, granite countertops, and is adjoined by the newly remodeled laundry area. Upgrades include a complete HVAC system, remodeled bathroom, newly installed tankless water heater system, recently recovered roof, and new main sewer pipe in addition to updated copper and PVC plumbing. Exterior features include a custom pool and spa, mature citrus trees, an irrigation system in the front and back yards, and a detached garage with a separate space ideal for a home office, storage room or gardening shed. The perfect place to call home.

    Listed with Kerry Jackson CalDRE: 01977527 | (626) 808-2500, 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/!


  • Wed, 01 Dec 2021 03:44:00 +0000: $699,999 :: 2811 Olive Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 718 sq ft
    Lot Size: 285,056,640 sq ft
    Added: 11/30/21, Last Updated: 12/01/21
    Property Type: Single Family
    MLS Number: DW21257213
    Community: Altadena
    Status: Active


    Attention agents! this is a Bankruptcy Property, there is a possibility of court confirmation of the sale. This is a nice home in a very desirable neighborhood of Altadena, lots of potential to add living space, the sellers remodeled the property not too long ago, this home consist of 2 bedroom and 1 bathroom.Title report shows 718 legal square feet, the property actually has 4 bedroom and 2 bathroom, buyers and buyer's agents to do their own investigation regarding permits and legal square footage.

    Listed with Edison Echeverry CalDRE: 01224344 | 562-644-4544, Peak Commercial 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/!


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