{"id":11102,"date":"2011-08-08T17:48:46","date_gmt":"2011-08-08T23:48:46","guid":{"rendered":"http:\/\/www.pasadenaviews.com\/?p=11102"},"modified":"2015-07-24T14:28:37","modified_gmt":"2015-07-24T21:28:37","slug":"altadena-real-estate-trends-july-2011","status":"publish","type":"post","link":"http:\/\/www.pasadenaviews.com\/altadena-real-estate-trends-july-2011\/","title":{"rendered":"Altadena Real Estate Trends July 2011"},"content":{"rendered":"

Altadena Real Estate<\/a><\/strong>:\u00a0 August is here, students are heading back to school, and for us Realtors, it’s time again to check out the real estate stats\u00a0in our neighborhood.\u00a0 The mortgage rates are still favoring buyers.\u00a0 Rates for June 2011 were:\u00a0 30 Yr Fixed Rate 4.55% pt\/fee 0.8%, 15 Yr Fixed Rate 3.66% pt\/fee 0.78%. (source Freddie Mac)<\/strong><\/em><\/p>\n

Here are the statistics for Altadena in July:<\/span><\/strong><\/span><\/p>\n

Homes for sale:\u00a0\u00a0\u00a0 115 homes for sale<\/strong><\/em><\/span><\/p>\n

New listings:\u00a0\u00a0\u00a0 51 new listings<\/strong><\/em><\/span><\/p>\n

Homes Sold:\u00a0\u00a0\u00a0 24 homes sold<\/strong><\/em><\/span><\/p>\n

Homes pending:\u00a0\u00a0\u00a0 33 homes went into escrow<\/strong><\/em><\/span><\/p>\n

Month of Inventory Based on Closed Sales:\u00a0\u00a0\u00a0 4.8 months<\/strong><\/em><\/span><\/p>\n

Average Active Listing Price:\u00a0\u00a0\u00a0 $634,000<\/strong><\/em><\/span><\/p>\n

Average Sold Listing Price:\u00a0\u00a0\u00a0 $583,000<\/strong><\/em><\/span><\/p>\n

Average Price per Square Feet:\u00a0 $301.00<\/strong><\/em><\/span><\/p>\n

Sold to List Price Difference in %:\u00a0 99.0 Percent<\/strong><\/em><\/span><\/p>\n

Days on Market:\u00a0\u00a0\u00a0 78 Days<\/strong><\/em><\/span><\/p>\n

Median Home Price:\u00a0\u00a0\u00a0 $472,000<\/strong><\/em><\/span><\/p>\n

Most expensive home sold in July:\u00a0 2089 Pinecrest Drive @ $1,075,000<\/strong><\/em><\/span><\/p>\n

Least expensive home sold in July:\u00a0 129 West Harriet Street @ $205,000 <\/em><\/strong><\/span><\/p>\n

The past six months (February – July): <\/strong>Montly from February through May, we saw over 140 homes for sale in Altadena.\u00a0 February had the highest months of inventory at 7.5 months based on closed sales.\u00a0 This is a change of minus 36% compared to July.\u00a0 July had the highest average active listing <\/strong>price and April had the highest average sold listing <\/strong>price at $613,000. <\/span><\/p>\n

**Statistics from Trendsvision, I-Tech MLS, CARETS.<\/p>\n

\"Chart<\/a><\/p>\n

\"Chart<\/a><\/em><\/strong><\/span><\/p>\n

List of homes that are currently for sale in Altadena are listed below. Call Ellie to preview.<\/em><\/strong><\/span><\/p>\n