{"id":11985,"date":"2011-10-17T17:56:10","date_gmt":"2011-10-17T23:56:10","guid":{"rendered":"http:\/\/www.pasadenaviews.com\/?p=11985"},"modified":"2013-08-13T18:11:23","modified_gmt":"2013-08-14T00:11:23","slug":"altadena-real-estate-market-report","status":"publish","type":"post","link":"http:\/\/www.pasadenaviews.com\/altadena-real-estate-market-report\/","title":{"rendered":"Altadena Real Estate Market Report"},"content":{"rendered":"

Altadena<\/a> Real Estate Market: <\/strong>Altadena is a great\u00a0community offering\u00a0beautiful mountain views, great hiking trails, two golf courses, and many wonderful character homes.\u00a0 Whether you are looking for a Spanish, Contemporary, California Bungalow – you\u00a0will be able to find your dream home in Altadena.\u00a0 Enjoy the peace and quiet in Altadena, and for dining and shopping, hop on the freeway and visit Pasadena’s<\/a> shops and restaurants.\u00a0 You will be amazed how quickly you can get to the city.<\/p>\n

Now that we are in the 4th quarter of 2011, I thought it would be interesting to see listings and sales stats\u00a0in Altadena.\u00a0 Following are data from August and September.<\/p>\n

August 2011 Statistics:<\/h2>\n

115 active listings available for sale<\/strong><\/em><\/p>\n

52 new listings came on the market<\/strong><\/em><\/p>\n

36 listings went into pending status.<\/strong><\/em><\/p>\n

32 listings closed sale.<\/strong><\/em><\/p>\n

Average active listing price – $623,000<\/strong><\/em><\/p>\n

Average sold price – $444,000<\/strong><\/em><\/p>\n

Average square feet – $285.00<\/strong><\/em><\/p>\n

Days on Market – 59 days<\/strong><\/em><\/p>\n

Median sale price – $404,000 <\/strong><\/em><\/p>\n

Lowest p<\/strong><\/em>riced sold listing – 176 E Woodbury Road $137,500 <\/strong><\/em><\/p>\n

Highest price sold listing – 3829 Luna Court $1,055,000 <\/strong><\/em><\/p>\n

T<\/strong><\/em>here were 3.6 months of inventory based on closed sales.<\/strong><\/em><\/p>\n

September 2011 Statistics:<\/h2>\n

108\u00a0active listings available for sale<\/strong><\/em><\/p>\n

42 new listings came on the market<\/strong><\/em><\/p>\n

34 listings went into pending status.<\/strong><\/em><\/p>\n

34 listings closed sale.<\/strong><\/em><\/p>\n

Average active listing price – $615,000<\/strong><\/em><\/p>\n

Average sold price – $461,000<\/strong><\/em><\/p>\n

Average square feet – $292.00<\/strong><\/em><\/p>\n

Days on Market –\u00a066 days<\/strong><\/em><\/p>\n

Median sale price – $378,00 <\/strong><\/em><\/p>\n

Lowest priced sold listing – 2142 Fair Oaks Ave $164,000 <\/strong><\/em><\/p>\n

Highest priced sold listing – 810 W. Heritage Oak Ct $975,000 <\/strong><\/em><\/p>\n

There were 3.2 months of inventory based on closed sale.<\/strong><\/em><\/p>\n

In the last six months, for sale inventory has been down by 27.5%.\u00a0 The sold listings are up by 30.8%, and pending sales up by 9.7%.<\/p>\n

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

\"Altadena<\/a><\/em><\/strong><\/p>\n

 <\/p>\n

At Pasadena Views Real Estate Team, we transcend the common and the average<\/span>.\u00a0 We provide complimentary buyer and seller consultation.\u00a0 For information on homes that have sold in Altadena, please see\u00a0the list below\u00a0which updates automatically.<\/em><\/strong><\/p>\n