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Altadena Real Estate Market Report

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

Now that we are in the 4th quarter of 2011, I thought it would be interesting to see listings and sales stats in Altadena.  Following are data from August and September.

August 2011 Statistics:

115 active listings available for sale

52 new listings came on the market

36 listings went into pending status.

32 listings closed sale.

Average active listing price – $623,000

Average sold price – $444,000

Average square feet – $285.00

Days on Market – 59 days

Median sale price – $404,000

Lowest priced sold listing – 176 E Woodbury Road $137,500

Highest price sold listing – 3829 Luna Court $1,055,000

There were 3.6 months of inventory based on closed sales.

September 2011 Statistics:

108 active listings available for sale

42 new listings came on the market

34 listings went into pending status.

34 listings closed sale.

Average active listing price – $615,000

Average sold price – $461,000

Average square feet – $292.00

Days on Market – 66 days

Median sale price – $378,00

Lowest priced sold listing – 2142 Fair Oaks Ave $164,000

Highest priced sold listing – 810 W. Heritage Oak Ct $975,000

There were 3.2 months of inventory based on closed sale.

In the last six months, for sale inventory has been down by 27.5%.  The sold listings are up by 30.8%, and pending sales up by 9.7%.

Altadena Real Estate Stats

Altadena Real Estate price per square feet.

 

At Pasadena Views Real Estate Team, we transcend the common and the average.  We provide complimentary buyer and seller consultation.  For information on homes that have sold in Altadena, please see the list below which updates automatically.

 

 

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