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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.

  • Sun, 13 Oct 2024 16:03:00 +0000: $1,125,000 :: 635 W Harriet Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,402 sq ft
    Lot Size: 8,595 sq ft
    Added: 09/07/24, Last Updated: 10/13/24
    Property Type: Single Family
    MLS Number: IV24168834
    Community: Altadena
    The price of this listing was last reduced on 10/13/2024 by 6%
    Status: Active


    Open House!! Saturday 10/5 @2-5pm Beautiful 3BD 2BA Pool Home w/ a Large Permitted Den. This Home is nestled in a Quiet Neighborhood w/ Views of the Magnificent Foothills and close to Rose Bowl & Freeways.The home also features a fully Updated, Heated & Lighted Pool, as well as Low Maintenance Artificial Turf in the Backyard, makes this home perfect for Entertaining.The Garage has a Brand New Water & Filtration System so it can be easily converted into a ADU. Possibilities are Endless!

    Listed with HANUNIQUE BRADLEY CalDRE: 02185957 | 909-533-9950, Networth Realty of Inland Empire


    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, 12 Oct 2024 10:29:00 +0000: $599,000 :: 2790 Olive Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 728 sq ft
    Lot Size: 5,581 sq ft
    Added: 10/12/24, Last Updated: 10/12/24
    Property Type: Single Family
    MLS Number: PF24211292
    Community: Altadena
    Status: Active


    Welcome to 2790 Olive, a rare opportunity to acquire a single family residence at a price point almost unheard of for this zip code. This charming fixer offers the chance to build equity for first time home buyers or investors alike. Located in the desirable community of Altadena, this charming property features 2 bedrooms and 1 bathroom, offering a blank canvas for those looking to create their dream space.As you approach the home a large covered deck acts as an extension of the interior, shaded by a huge tree. Inside, you'll find a cozy living area that invites you to envision the potential this space holds. The kitchen, offers a functional layout with ample room for improvement and both bedrooms provide comfortable space and natural light. The backyard is a hidden gem, offering a peaceful retreat with plenty of potential for landscaping and outdoor entertaining. Situated on a private drive in a quiet neighborhood, this property is also within blocks of local hot spots like Pizza of Venice, The Good Neighbor Bar, Little Red Hen, and Public Displays of Altadena. Whether you're looking for access to local parks, hiking trails, vibrant community amenities, or the chance to build equity, with a little creativity this house is the one you've been looking for. Don’t miss this opportunity to invest in your future—schedule a viewing today!

    Listed with Steve Aranda CalDRE: 01435884 | 323-868-6242, Altadena Real Estate Company


    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, 12 Oct 2024 01:13:00 +0000: $4,195,000 :: 2016 Mar Vista Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 4 baths
    Home size: 5,010 sq ft
    Lot Size: 22,904 sq ft
    Added: 07/15/24, Last Updated: 10/12/24
    Property Type: Single Family
    MLS Number: P1-18497
    Community: Altadena
    Status: Active


    Built in 1915, the Waterman home stands as a testament to timeless elegance and meticulous preservation. Throughout the years, this Mission-Revival Craftsman has undergone thoughtful renovation that honors its rich heritage while seamlessly integrating modern comforts. Approaching the home, one is greeted by the inviting expanse of a deep covered porch, which wraps around the front. Renowned for its craftsmanship, this property showcases the rich hues and intricate textures of African gumwood throughout, meticulously restored to highlight the millwork details. Upon entering, the grandeur of the interior unfolds with a striking carved wood staircase, a focal point that ascends gracefully to the second floor. The expansive living room, centering on a Batchelder fireplace and featuring a pitched timber ceiling, offers a sanctuary of warmth and sophistication. The dining room captivates with sets of french doors leading to the wrap-around porch, perfect for enjoying the serene surroundings. Multiple sets of french doors throughout the home create an abundance of light. The beautifully remodeled kitchen blends modern functionality with a tailored craftsman aesthetic, boasting Wolf and Sub-Zero appliances, honed granite countertops, two dishwashers and two farmhouse sinks. Off of the kitchen wing there is a pretty bedroom, surrounded by windows, with an en-suite with a bathtub and separate shower. Ascending the spectacular staircase, exquisite Asian-inspired lanterns are suspended from a pulley, original to the house. Atop the stairs, a spacious bedroom with a decorative fireplace benefits from treetop and mountain views and has its own 3/4 bath. The east wing of the home hosts the primary suite and an additional bedroom, each with fully restored bathrooms with original tubs, pedestal sinks, subway tile and built-in vanities. In the middle of the U-shaped home, a pergola-covered patio with a fountain and incredible original planters offers a tranquil outdoor retreat. A generous grassy area provides ample space for recreation or the potential for a future pool. The grounds are beautifully landscaped with winding paths surrounded by verdant native plantings and trees. This spectacular home exemplifies a rare opportunity to own a piece of architectural history in beautiful Altadena. The property features two driveways. One on Sonoma with an automatic gate and porte cochere and one on Mar Vista with room for a garage.

    Listed with Ted Clark CalDRE: 01074290 | (626) 817-2123, 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, 11 Oct 2024 19:24:00 +0000: $1,698,000 :: 2221 Sinaloa Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,833 sq ft
    Lot Size: 11,666 sq ft
    Added: 10/10/24, Last Updated: 10/11/24
    Property Type: Single Family
    MLS Number: PF24210563
    Community: Altadena
    Status: Active


    Welcome to 2221 Sinaloa, a charming custom-built home offering 3 bedrooms and 1.75 baths, nestled in a picturesque setting with breathtaking mountain views. As you enter, you’re greeted by a spacious living room adorned with a brick fireplace, perfect for cozy evenings. The family room/dining area features a second fireplace and a stunning wall of windows, seamlessly blending indoor living with the serene and private backyard. Step outside to the oversized covered patio, an ideal spot for intimate family dinners or entertaining a large crowd. The backyard is a peaceful retreat, complete with mature landscaping, a majestic Deodar tree, fruit trees, mountain views and enough room for a pool. On the 4th of July, enjoy a spectacular fireworks display, courtesy of the nearby Altadena Town and Country Club, right from your own yard. Inside, this lovely home showcases fine craftsmanship, with extensive use of rich mahogany cabinetry, moldings, paneling and built-in shelving, perfect for displaying cherished items. The completely newly updated kitchen boasts high-end stainless steel appliances, a breakfast nook, and a separate laundry room for convenience. Both bathrooms have been completely remodelled to match the home’s timeless appeal. Original wood floors, plantation shutters on the front windows, and a detached two-car garage with an electric charging station complete the home. Additionally, there’s ample parking for extra vehicles. 2221 Sinaloa is more than just a home—it’s a perfect blend of comfort, elegance, and outdoor living. Within close proximity to the Altadena Golf Course, Altadena Town and Country Club, Eaton Canyon, parks, eateries and shopping. Move-in ready and a MUST SEE!

    Listed with Sylva Khayalian CalDRE: 01323217 | 310-409-2885, Redfin Corporation


    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, 11 Oct 2024 11:55:00 +0000: $899,000 :: 366 Figueroa Dr Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,220 sq ft
    Lot Size: 7,301 sq ft
    Added: 09/20/24, Last Updated: 10/11/24
    Property Type: Single Family
    MLS Number: P1-19331
    Community: Altadena
    Status: Active


    Buyers could not perform. Back on the market at no fault of the property or seller. Updated Craftsman with yard and views in West Altadena! Located on the cusp of happening Lincoln Avenue, this 1912-built three bedroom, two bath home boasts a number of classic arts and crafts bungalow elements: low pitched double gabled roof and large covered front porch with views of the San Gabriel mountains. Original river rock post piers and smooth clapboard and shingle siding define this home sited on a grassy corner lot. Inside, gleaming hardwood floors flow from the living room with decorative brick fireplace into the comfortable dining room with original bay window. Adjacent to the dining room, find the renovated kitchen with grey quartz countertops, white shaker style cabinetry, stainless steel Whirlpool appliances and convenient laundry closet. Three bedrooms offer flexibility as sleeping and work space: one bedroom is located to the north, and two additional bedrooms to the south, as well as two bathrooms, one with updated tile shower and another en-suite. The third bedroom suite enjoys access to the private deck and backyard through a sliding door. With ample space to relax or entertain, the large wood deck is ideal for sunny daytime enjoyment or a happy night under the cafe lights and stars. A bonus storage shed, covered parking and detached one car garage as well as off-street parking pad complete the backyard. This location in Altadena is better than ever, boasting quick access to neighborhood favorites Charles White and Loma Alta parks and all of the beloved old and exciting new business in West Altadena's Lincoln and Fair Oaks corridors (Little Red Hen Coffee Shop, Unincorporated Coffee and West Altadena Wine & Spirits, to name a few!). Outdoor enthusiasts will appreciate the proximity to the Hahamongna Watershed and Gabrielino Trail and commuters will enjoy the short drive time to freeways.

    Listed with Teresa Fuller CalDRE: 01315387 | (626) 483-0710, 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, 11 Oct 2024 11:54:00 +0000: $1,950,000 :: 55 W Altadena Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,603 sq ft
    Lot Size: 14,785 sq ft
    Added: 10/11/24, Last Updated: 10/11/24
    Property Type: Single Family
    MLS Number: 24451693
    Community: Altadena
    Status: Active


    This rare and beautifully renovated Craftsman in north Altadena offers classic charm with modern upgrades. Featuring 4 bedrooms and 3 bathrooms, this single-level home spans over 2,600 sq. ft. on an almost 15,000 sq. ft. lot. Enjoy the privacy of a large front porch and enclosed lawn with tall hedges. The remodeled gourmet kitchen includes Quartz countertops, an L-shaped island, dual refrigerators, and a walk-in pantry. The spacious living, family room, and master suite each have their own fireplace. The master suite also features a walk-in closet, an updated bath with a double shower, and private patio access. Additional features include plantation shutters, recessed lighting, and three sets of French doors. The backyard boasts a sun-sail-covered patio, park-like yard, dog run, and fruit trees. A gated driveway with decorative pavers offers parking for 6-10 cars, with possible RV parking. Located near hiking trails, JPL, Pasadena Old Town, and more, with ADU potential!

    Listed with Peter Lorimer CalDRE: 01479846 | 310-666-7383, PLG Estates


    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, 11 Oct 2024 10:11:00 +0000: $999,000 :: 2879 Santa Anita Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 840 sq ft
    Lot Size: 4,862 sq ft
    Added: 08/02/24, Last Updated: 10/11/24
    Property Type: Single Family
    MLS Number: WS24157845
    Community: Altadena
    The price of this listing was last reduced on 10/3/2024 by 9%
    Status: Active


    Welcome to this delightful Altadena home lot not far from the hiking trails of Altadena Foothill. Home features 2 bedrooms, 1 bath this residence provides ample space for comfortable living with a spacious 2 car garage/has been converted, an expansive driveway, the shaded area below allows for outdoor entertaining year-around. The location is ideal, near a variety of restaurants, grocery stores, parks, coffee shops and a farmer's market.Huge big reduction price you must see it it won’t last long !!!

    Listed with EMILIO CAMPOS CalDRE: 01437426 | 626-289-6660, COLDWELL BANKER GEORGE 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/!


  • Fri, 11 Oct 2024 08:29:00 +0000: $1,195,000 :: 517 Stonehurst Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,600 sq ft
    Lot Size: 6,953 sq ft
    Added: 10/11/24, Last Updated: 10/11/24
    Property Type: Single Family
    MLS Number: P1-19579
    Community: Altadena
    Status: Active


    Is this the happiest house in West Altadena? Turnkey mid-century traditional has all the things: upgraded systems, stylish interior, a large grassy backyard with fruiting avocado tree and generous covered patio for entertaining! Located near the happening Lincoln Avenue strip, this property with drought tolerant front landscaping boasts beautiful mountain views with quintessential southern California palm trees swaying in the foreground. Inside, bamboo floors impart a warm glow in the natural light from upgraded dual pane windows throughout. A perfect floor plan here offers modern flow: open plan living and dining room are the center of the home, with updated high-vibes kitchen (we love the joyful custom tilework!) on one side, and the convenient home office/laundry room is just opposite, through double doors. Both living room and laundry/office/mud room have direct backyard access, offering easy LA indoor-outdoor lifestyle. Just down the hall from the living room to the north, find three comfortable bedrooms and two full baths - the second located ensuite. The primary here is a true suite: large double doors to comfy back patio seating, custom bath outfitted with free standing sculptural soaking tub and spacious walk in shower, truly oversized walk-in closet. Who doesn't want to lie in bed listening to the sound of water cascading in the fountain under the pergola? The jetted spa is just outside -- ready for star gazing or a post-hike soak. Sited moments from the Gabrielino Trailhead (among so many others), but also close to lively local spots like Pizza of Venice, Everson Royce's Good Neighbor Bar and your pick of great coffee shops, this is the place to be in beautiful Altadena.

    Listed with Teresa Fuller CalDRE: 01315387 | (626) 483-0710, 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/!


  • Thu, 10 Oct 2024 14:29:00 +0000: $1,899,900 :: 197 E Palm Street, Altadena CA, 91001 - Altadena - Homes for Sale
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    5 beds, 4 baths
    Home size: 2,857 sq ft
    Lot Size: 5,537 sq ft
    Added: 10/10/24, Last Updated: 10/10/24
    Property Type: Single Family
    MLS Number: PF24207386
    Community: Altadena
    Status: Active


    RARE OPPORTUNITY-BRAND NEW CONSTRUCTION IN ALTADENA! Introducing The Oak Grove of Altadena built by renowned builder, Warmington Residential. This beautiful home is one of only 16 offered in this exclusive new Craftsman-inspired neighborhood. Large Oak trees surround the cul-de-sac neighborhood with the picturesque foothills serving as a backdrop. This home offers 5 bedrooms with one on the main floor, 4 full baths, and many modern upgrades throughout including wood flooring, designer curated tile and quartz finishes, gorgeous designer shaker-door cabinets, oversized Quartz kitchen island, luxury Bertazzoni appliances including the refrigerator, farmhouse style kitchen sink, beautiful precast fireplace at Dining Room, free standing tub in primary bath, beautiful champagne gold plumbing fixtures, designer selected lighting fixtures throughout, Ring Pro Doorbell and many smart home features to make this home fully turn-key. Don't miss this special opportunity to own a beautiful new home with the highly desirable Altadena address.

    Listed with Rebecca Anne Clausnitzer-Anbardan CalDRE: 01486128 | 6266968830, Warmington Residential California


    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, 09 Oct 2024 16:11:00 +0000: $1,140,000 :: 557 E Woodbury Road, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 3 baths
    Home size: 1,509 sq ft
    Lot Size: 6,622 sq ft
    Added: 08/14/24, Last Updated: 10/09/24
    Property Type: Single Family
    MLS Number: 24427699
    Community: Altadena
    The price of this listing was last reduced on 10/9/2024 by 1%
    Status: Active


    PRICE ADJUSTMENT- Priced to Sell! Welcome to Your Enchanting California Bungalow. Step into this charming California Bungalow, a home with over 100 years of history that has gracefully evolved with its owners. Featuring a rare master suite, it boasts a marble bath and a walk-in closet. The three bedrooms are enhanced with newer Berber carpeting, and the home is fitted with recessed lighting and ceiling fans throughout for modern comfort. The spacious kitchen, a standout feature for a home of this vintage, includes soft-close cabinet drawers, an extra-deep sink, a second prep sink, Fisher Paykel drawer dishwasher and unique concrete countertops, ready for your personal touch. A solar tube illuminates the central bathroom, adding natural light. The home has been thoughtfully updated with fully repiped copper plumbing, durable PVC sewer lines, a 200-amp electrical panel, and additional outlets throughout. The foundation has been inspected and earthquake retrofitted for added safety. It maintains its original hardwood flooring charm and the rustic elegance of Bouquet Canyon stone in the kitchen and mudroom. The HVAC system is in excellent condition and features a new thermostat. A fully functional fireplace, capable of using either gas or wood, adds warmth and character to the living space. Additional recent upgrades include new exterior paint, a new garage roof, and finished interior garage walls- a wonderful space that could easily be converted to an exterior office or potential ADU. The expansive, southern-facing front porch has been recently updated, offering a perfect space for enjoying morning coffee, engaging with friendly neighbors, listening to music, or curling up with a good book. It is beautifully landscaped, with over $65k invested to regrade the driveway with stunning new hand laid pavers and a new border planted with edible Spanish lavender kept alive with a new drip irrigation system. The property also has several flourishing citrus trees including grapefruit, a rare variegated Eureka Pink lemon, a spliced lemon & lime tree and a Haas avocado tree ready to harvest. The property includes multiple outdoor areas to savor the Southern California foothills and space for growing your own vegetables and fruits. Additional water lines and electrical upgrades, including a 220-volt plug, have been added to the garage and outdoor areas, providing options for EV charging or hot tub installation. Located in a vibrant community, this home offers a short commute to downtown Los Angeles, minutes from JPL, colleges and universities, the Rose Bowl. Enjoy nearby coffee shops, eateries, Christmas Tree Lane, the Altadena Library, and the shops on Lake Avenue, as well as the historic charm of Old Town Pasadena. Inspection reports are available upon request.

    Listed with Will Flannigan CalDRE: 01951292 | 310-920-1108, VIP Premier Realty Corp


    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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