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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.

  • Wed, 18 May 2022 07:08:00 +0000: $1,195,000 :: 3711 Glenrose Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 1 bath
    Home size: 1,172 sq ft
    Lot Size: 7,166 sq ft
    Added: 05/18/22, Last Updated: 05/18/22
    Property Type: Single Family
    MLS Number: P1-9587
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    This wonderful 1947 traditional style property is sited on a knoll above the street and has amazing views of the sunsets in the Arroyo Grande and the San Gabriel foothills above. The home has been extensively updated- including; a new kitchen with white quartz counters, stainless farm sink, Italian tile floor and inlaid backsplash, and matching white appliances. New laminate flooring has been installed in the living room, dining room and all bedrooms, closets and hallways. A massive Arizona sandstone block fireplace is featured in the living room. There are 3 bedrooms and 1 full bath. with new tile floor and vanity. The entire house has been painted, inside and out . There is Puron central air conditioning with remote programmable thermostat and April Aire whole house HEPA filter. There is a new roof, 200 amp main electrical panel and 100 amp sub panel in the detached 2 car garage with new garage door and opener and a new on-demand water heater. The backyard features a dark blue stone plaster pool with abalone highlights, Baja bench with umbrella mount, tumbled quartzite coping and quartzite veneer. The pool has a new pump and filter grids, new light, all new plumbing and electrical. Mature fruit trees including Washington navel oranges, red and yellow guava, mango, avocado, Meyer and wild lemon, blood orange and peach are a part of the lush landscaping that includes new Marathon 1 turf front and back. Located near hiking and nature trails and yet only minutes to Old Pasadena shopping and restaurants, this location offers the serenity of nature with close proximity to all the area has to offer.

    Listed with Darrell Done CalDRE: 01233781 | (626) 354-3551, 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, 18 May 2022 06:11:00 +0000: $1,199,000 :: 3050 Glen Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,502 sq ft
    Lot Size: 7,911 sq ft
    Added: 05/18/22, Last Updated: 05/18/22
    Property Type: Single Family
    MLS Number: BB22104189
    Community: Altadena
    Status: Active


    A Beautiful Spanish Style home with Vaulted Ceilings set in the desirable neighborhood of Janes Village. Enjoy a glass of wine in the evenings in the beautifully designed front porch featuring Arto Cement Tile and Had Painted Custom Spanish Tile around the Doors, Windows and Stairs. As you enter the Home, you'll be welcomed with plenty of natural light, vaulted ceilings, an enchanting fireplace and an arched window overlooking the front yard. The master bedroom also features vaulted ceilings, ample natural light and a large master closet. The detached garage has ADU potential with opportunity to build up to 1,200 sq ft. The home is near the San Gabriel Mountains hiking trails, schools, shopping, and the weekly Farmers Market at Loma Alta Park. Descanso Gardens, Hahamongna Watershed Park and the Eaton Canyon nature preserve are all a short drive away as well.

    Listed with David Nalbandyan CalDRE: 01869296 | 855-525-7653, LA Premier 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/!


  • Tue, 17 May 2022 12:45:00 +0000: $1,549,000 :: 2197 Allen Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,954 sq ft
    Lot Size: 10,912 sq ft
    Added: 05/17/22, Last Updated: 05/17/22
    Property Type: Single Family
    MLS Number: P1-9564
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    Welcome to this gracious storybook English style home set back behind a tall hedge and sited under a majestic California Live Oak tree on a serene, private lot. This three bedroom, two bathroom home is filled with elegant built-ins, old-world charm and character details throughout. The living room beckons you in with a stately stone fireplace, vaulted ceilings and tall, floor to ceiling bookcases. Off the living room is a charming, sunlit study or office that is a perfect space for work or reflection. The formal dining room is light-filled and offers the ideal space for dinners with family and friends. The kitchen is light and bright with crisp white cabinetry, arched doorways, granite counters and a pantry all with an adjacent laundry room.There are three bedrooms including an expansive master suite with a remodeled bath and doors that open to the shade dappled patio. There are two additional bedrooms, including the third bedroom that is used as a den and opens out, via French doors, to the expansive backyard that overlooks the incredible garden that wraps the sparkling pool. The grounds including mature fruit trees as well as an abundance of roses that make this home picture-perfect both inside and out. Don't miss this gem in one of area's most sought-after neighborhoods.

    Listed with Dhari Thein CalDRE: 01403784 | (626) 437-7414, DPP


    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/!


  • Tue, 17 May 2022 12:05:00 +0000: $1,799,500 :: 626 W Brown Court, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,507 sq ft
    Lot Size: 5,642 sq ft
    Added: 05/17/22, Last Updated: 05/17/22
    Property Type: Single Family
    MLS Number: P1-9563
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    Located against the foothills at the end of a quiet cul de sac street in the gated community of La Vina, this home has been extensively updated throughout and boasts incredible city light views all the way to Catalina Island on a clear day. Custom gates across the front patio await as you return home. A double sided Indiana limestone fireplace greets you at the front door, setting the tone for this European Country Style inspired home. From the entry, the formal living room is to your left with soaring beamed ceilings. To your right is the gracious dining room with french doors to the front patio. The family room is on the other side of the fireplace with large windows overlooking the backyard and a passthrough to the custom designed kitchen. Kitchen features include marble countertops, a cerused oak countertop island, reclaimed wood accents, soft close drawers, easy-raise blinds, oversized pantry and space for a breakfast table. From the kitchen, step outside to the entertainer's dream backyard with another double sided fireplace, two sitting areas, mature landscaping, string lighting, and a water fountain. Completing the first floor is the 4th bedroom with an oversized closet, a stylish powder room, and laundry room with direct access to one of the two single car garages. Custom iron railings lead you upstairs which hosts the spacious primary bedroom suite with a California closet system, large balcony to take in the views and a chic bathroom with dual vanities and separate shower and tub. Two additional bedrooms are also upstairs, one with a balcony. A full hallway bathroom is shared by both bedrooms. On the roof are paid off high efficiency solar panels that significantly reduce the owner's electricity bill. La Vina community amenities include a large pool area and children's park. Just outside the community is Loma Alta park featuring playgrounds and picnic areas, tennis courts, and a weekly farmers market. Don't miss the hiking trails nearby as well.

    Listed with Cynthia Salcido CalDRE: 01221557 | (626) 824-7797, 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/!


  • Mon, 16 May 2022 11:25:00 +0000: $975,000 :: 385 W Marigold Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 1 bath
    Home size: 1,250 sq ft
    Lot Size: 8,974 sq ft
    Added: 05/16/22, Last Updated: 05/16/22
    Property Type: Single Family
    MLS Number: P1-9547
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    Built by Elisha Janes this 1928 English style cottage home is located in the heart of Janes Village. Janes Village is designated as ''Altadena Heritage Area.'' The charm of this home greets you before you even enter the home. The curved staircase that leads you to the front porch is surrounded with Jasmine. The front garden is filled with numerous camellias, azaleas and iceberg roses which are shaded by a beautiful Chinese Elm tree. The minute you step through this charmer you'll notice the character that has been lovingly maintained. The living room features double hung windows, custom molding, and a barrel ceiling. The dining area boasts hardwood floors, a coved ceilings and French doors. The kitchen features plenty of counter space, storage, recessed lights and crown molding. All three bedrooms have hardwood floors and coved ceilings. An abundance of natural light surrounds the main bedroom from the almost floor to ceiling windows. The French doors off the dining room lead you to an enchanting backyard. The backyard features a concrete patio, fountain and an abundance of greenery. Converted shed perfect for a home office. Close to Loma Alta park, hiking trails and the Equestrian Center. Welcome Home!

    Listed with Sylvia Vega CalDRE: 01879957 | (626) 482-8787, 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/!


  • Mon, 16 May 2022 05:36:00 +0000: $1,699,000 :: 2165 N Grand Oaks Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 3 baths
    Home size: 2,238 sq ft
    Lot Size: 8,381 sq ft
    Added: 05/16/22, Last Updated: 05/16/22
    Property Type: Single Family
    MLS Number: P1-9415
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    This move-in ready 2200 sq.ft., 3-bed, 2.5-bath California Ranch home has been meticulously maintained. Extensively updated in 2012, improvements continued thereafter with a primary bath remodel, new 6-inch-wide wood floor planking throughout, replacement of all kitchen appliances and installation of a custom closet in primary bedroom. 2021 & 2022 upgrades included custom made wood or glass interior doors throughout, interior & exterior painting, resurfaced garage flooring and landscape lighting in front and rear yards. The third bedroom has been transformed into your personal home office with the professional installation of customized office space from The Container Store. Perfect for the homeowners who love to entertain! The perfect combination of open-concept living with separate dining and living areas. This home offers an updated kitchen, separate breakfast room, separate laundry room, living room with gas fireplace and original built-in shelving. There is an oversized dining room with garden views. A primary bedroom with large ensuite bathroom and custom closet with ELFA shelving. The paver patio is a delightful area to entertain family and friends and be surrounded by a professionally landscaped, secluded backyard while enjoying majestic mountain views. Listing agent has an interest in the property. A short distance to Altadena Country Club and a convenient 10-minute drive to Hastings Ranch shopping or Old Town Pasadena. Eaton Canyon hiking trails are just two blocks away.

    Listed with Glenn Gordon CalDRE: 01999028 | (213) 447-7081, 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, 13 May 2022 23:12:00 +0000: $1,750,000 :: 2541 Lincoln Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    8 beds, 5 baths
    Home size: 3,091 sq ft
    Lot Size: 9,518 sq ft
    Added: 04/14/22, Last Updated: 05/13/22
    Property Type: Single Family
    MLS Number: SR22052939
    Community: Altadena
    The price of this listing was last reduced on 5/5/2022 by 8%
    Status: Active


    NEW CONSTRUCTION. 2 ON A LOT!!!! A unique opportunity to own 2 full size homes on a nearly 10,000sf lot located in a highly sought-after area in Altadena just a few blocks away from Pasadena and minutes away from La Cañada. The fully renovated main home is a 5-bedroom 2.5 bath and the brand-new build full size ADU is a 3-bedroom 2 bath. This home is set back from the street with lush landscaping and multiple outdoor seating and parking areas. Past the enclosed front porch, you enter the open floor plan home through the spacious living room with uniquely high 9-foot ceilings and an inviting fireplace. As you exit the living room you enter the large dining area that seamlessly connects to the open, entertainer's dream kitchen. Luxury abounds the light filled home with original hard wood flooring throughout, custom lighting, designer finishes, bespoke tile in both the kitchen and bathrooms, base moldings and stone countertops. The newly remodeled kitchen is upgraded with custom cabinetry, quartz countertops, high end eco-friendly backsplash and stainless-steel appliances. Enter any of the bedrooms and you will notice the openness, abundance of natural light and ceiling height of this home. The hall bath is large enough for a growing family and guests while the primary retreat has a luxurious bathroom featuring rain shower head. There is a laundry area inside both homes. The homes are separated with spacious backyard. At the far end of the back yard, you will find a separate entrance into the ADU is perfect for an additional family or rental income for the savvy homeowners to benefit from. This home has been professionally updated inside and out and is an entertainer's dream including an audio home entertainment system throughout the main house and exterior entertainment for BBQ and family time. With close proximity to the San Gabriel Mountains, Old Town Pasadena, JPL, La Canada, hiking trails and surrounding communities, you won't want to miss the opportunity to call this special Altadena home yours!!!

    Listed with Antonio Avila CalDRE: 02100414 | 310-625-7400, Antonio Avila


    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, 13 May 2022 15:37:00 +0000: $1,299,000 :: 1702 Coolidge Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 2 baths
    Home size: 1,625 sq ft
    Lot Size: 7,798 sq ft
    Added: 04/22/22, Last Updated: 05/13/22
    Property Type: Single Family
    MLS Number: P1-9156
    Community: Altadena
    Tract: Not Applicable
    The price of this listing was last reduced on 5/13/2022 by 7%
    Status: Active


    Welcome to this beautiful mountain view home that sits on a 7,799 square foot lot & features 2 large bedrooms, 2 bathrooms, spacious living spaces & a beautiful backyard! Curb appeal exudes with the picturesque exterior, the brick chimney, the well-maintained front lawn, & the flowers that welcome you as you enter. Past the front door, one is struck by the formal entry which has a chandelier, crown & base molding, hardwood floors, & a coat closet. The living room features hardwood floors, crown & base molding which are consistent throughout the home, a fireplace, recessed lighting, & a bay window that faces the front yard. The living room opens to the family room which features a beamed ceiling, a second fireplace, & solar efficient windows that face the backyard and allow for natural light to enter the home. The dining room has wainscoting, a chandelier, & French doors that lead to the patio deck in the backyard. Accessed through the dining room is the beautiful kitchen that has quartz countertops, a subway tile backsplash, cabinets, a farmhouse sink, & a door to the side yard. The kitchen is also equipped with stainless steel appliances. In addition, there is a laundry area by the kitchen that has an LG washer & dryer, a quartz countertop, & cabinets for storage. Right off the kitchen, there is also a powder room. On the other side of the home sit the 2 bedrooms & the hallway bathroom. The primary bedroom off the front entrance features windows with shutters, a ceiling fan, cabinets, & two closets. The second bedroom has a ceiling fan, recessed lighting, & a window with shutters that face the backyard. The hallway bathroom has tile floors, a quartz countertop, a vanity area, a cast iron tub & a glass-enclosed shower. There are many things to love about this mountain view home, especially the backyard that has a patio with a wood deck! The backyard also has a lawn, an abundance of foliage, citrus trees, an avocado tree, & flowers. The entire interior of this home has been remodeled in stages since 2013, with the kitchen & bathrooms being updated in 2021/2022. There are also architectural plans included for added square footage with a primary suite. The garage has a utility sink & can fit up to 2 cars. With the allure of the great neighborhood, the picturesque exterior, the mountain views, the spacious living spaces & the large backyard, you won't want to miss the opportunity to call this Altadena home yours!

    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, 12 May 2022 18:35:00 +0000: $900,000 :: 2263 Navarro Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,279 sq ft
    Lot Size: 8,482 sq ft
    Added: 05/12/22, Last Updated: 05/12/22
    Property Type: Single Family
    MLS Number: AR22092494
    Community: Altadena
    Status: Active


    Welcome to this beautiful Altadena home tucked away on a private street. As you step into the gate you feel a sense of tranquility. Home boast (3) bedrooms (2) bathrooms with 1279 sq ft of living space sitting on 8500 lot. Detached garage. Bonus living space. Many upgrades throughout including newer plumbing, artificial turf in backyard, tankless water heater, exterior paint and new roof on garage. Plenty of room to entertain. You can find fruit trees around the home such as, guava, peach, apple and avocado. Gorgeous wrought iron/wood fence providing privacy. Close proximity to everything. Come take a look while you can!

    Listed with Johnson Hoang CalDRE: 01777726 | 626-203-9213, Moon 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, 11 May 2022 21:15:00 +0000: $1,348,000 :: 210 Highlawn Place, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,530 sq ft
    Lot Size: 7,955 sq ft
    Added: 04/19/22, Last Updated: 05/11/22
    Property Type: Single Family
    MLS Number: P1-9112
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    Located on a quiet cul-de-sac this completely re-imagined home is ready for the next stewards to move right in. A vaulted ceiling adds warmth and character to the living room which also boasts a white-washed brick fireplace and artistic accent window shelving. The fabulous and completely remodeled kitchen makes meal prep easy, is open to the spacious dining area and features new appliances (which are included) and a breakfast bar. A separate laundry room offers access to the backyard and includes the washer and dryer. The primary bedroom features his & hers closets and French doors that open to and provide a view of the backyard. There is a luxurious updated primary bathroom with double vanities and a large walk-in shower. Two additional bedrooms (one with a window seat) and a remodeled main bathroom complete this family home. For those working from home, the garage has been converted to a charming office with vaulted ceiling and French doors that open to and provide a view of the back yard. There are two additional rooms in this garage conversion that could be a bedroom, bathroom and kitchenette making for a perfect ADU. The backyard features a tranquil water fountain, and the fruit trees include grapefruit, lemon and orange. Other features include new windows, new flooring, central air & heat. You'll enjoy the convenient location as well as being near the Altadena Library and the Altadena Farmers Market on Wednesdays in Loma Alta Park!You'll notice there is a large patio off the back of the house which is a slab with footings to expand the house. The seller's vision was to create a grand master suite with a luxurious bathroom and walk-in closet and to add a family room off the dining area and kitchen.

    Listed with Reni Rose CalDRE: 00975915 | (626) 437-6000, Berkshire Hathaway HomeServices California Properties


    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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