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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.

  • Mon, 24 Jun 2024 14:43:00 +0000: $1,850,000 :: 3293 Lake Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 4 baths
    Home size: 2,427 sq ft
    Lot Size: 9,767 sq ft
    Added: 05/28/24, Last Updated: 06/24/24
    Property Type: Single Family
    MLS Number: AR24105978
    Community: Altadena
    Status: Active


    Warmth, beauty, & exquisite craftsmanship collide to bring you this breathtaking Altadena showstopper! This spacious 4 bed 4 bath modern haven sits on a nearly 10k sq ft lot & is one of those rare finds that simply steals your heart & checks all the best boxes: a phenomenal layout w/ extra space to accommodate your family's needs, a picturesque location, updated systems galore & absolutely gorgeous finish details / customizations throughout. Just beyond the stunning curb appeal w/ floating concrete steps & sustainable birch wood & stone accents, you'll discover a light & bright, welcoming great room that boasts oak flooring throughout, & wrap-around windows that overlook tranquil views of the nearby majestic San Gabriel Mountains. Upon entering, it's clear that every inch of this home has been lovingly & intentionally designed to create joyful, elegant spaces. The great room is a perfect setting for family gatherings & is overlooked by a truly incredible chef's kitchen w/ every upgrade & feature that any culinary enthusiast could ask for. From the GE Cafe Smart Oven, Fireclay sink, top of the line fixtures & built-in Kucht refrigerator to the maple floating shelves & under cabinet mood lighting, you will want for nothing. The bedrooms are all perfectly situated w/ two spacious bedrooms, a rooftop viewing deck & the primary suite on the main level. The 4th bedroom is situated on the lower level & boasts a "studio apartment" feel. It can be accessed from the main level stairway but offers an optional separate entrance & lends itself as the perfect variety space for whatever your needs are; perhaps an in-law suite, home office or creative retreat! The main level primary retreat is a sultry sanctuary tucked away in its own quarters w/ an ensuite bath that emits a rare blend of high end luxury mixed w/ a zen spa feel. A separate oversized shower overlooks a deep stand alone soaking tub backed by romantic views of the foothills. The backyard is picture perfect w/ ultra clean custom landscape & hardscape creating a serene canvas for epic family BBQ's or quiet morning meditation. The attention to detail & impeccable hand selected material choices used here is off the charts & too much to list but an extensive upgrade & material list is available. All located in a storybook NE Altadena neighborhood w/ close proximity to the new Altadena farmer's market, famous hiking trails & charming cafes like Cafe De Leche & Amara Kitchen, this one is a dream home like no other!

    Listed with Jessica Romero CalDRE: 01920921 | 626-204-3300, 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/!


  • Sun, 23 Jun 2024 18:42:00 +0000: $1,999,999 :: 84 E Loma Alta Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    6 beds, 5 baths
    Home size: 3,998 sq ft
    Lot Size: 22,342 sq ft
    Added: 05/16/24, Last Updated: 06/23/24
    Property Type: Single Family
    MLS Number: 24391065
    Community: Altadena
    The price of this listing was last reduced on 6/23/2024 by 2%
    Status: Active


    Opportunity to create your dream compound in the Altadena Mountains this View Property with Endless Development Potential nestled in the serene hills offers a once-in-a-lifetime opportunity. Boasting breathtaking panoramic views of the majestic San Gabriel Mountains, this blank canvas is a developer's dream come true. With a new updated Kitchen, you can put the rest of tyour touch on your house to manifest a serene lifestyle. Key Features:Location: Situated in the highly sought-after Altadena community, this property is known for its picturesque mountain vistas and tranquility.Mountain Views: Enjoy awe-inspiring, unobstructed views of the San Gabriel Mountains, offering a serene backdrop for residents and endless possibilities for the development.Development Potential: With the potential to build up to 8 units, this property is a golden opportunity for investors, developers, or those looking to create a unique, multi-unit haven in a prestigious location.Versatile Acreage: The expansive lot provides plenty of space for creative development, with options ranging from luxurious single-family homes to a charming condo community.Scenic Surroundings: Altadena offers a peaceful, suburban atmosphere with easy access to hiking trails, parks, and the vibrant Altadena Town & Country Club.Close to Amenities: Just a short drive from Pasadena's entertainment, dining, and shopping options, as well as excellent schools and medical facilities.Don't miss the chance to transform this exceptional Altadena property into a mountain view paradise. Imagine creating a harmonious living space where residents can relish the beauty of the San Gabriel Mountains every day. Whether you're an investor, developer, or someone seeking to design a unique dream home, this property is a true gem waiting to be uncovered.Note: Consult with local zoning and planning authorities for development regulations and potential land use options. Development feasibility is subject to local zoning ordinances and regulations.

    Listed with Brielle Bacal CalDRE: 01987008 | 424-527-7177, Christie's AKG


    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, 20 Jun 2024 11:43:00 +0000: $1,150,000 :: 4176 Canyon Crest Road, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,268 sq ft
    Lot Size: 13,243 sq ft
    Added: 06/19/24, Last Updated: 06/20/24
    Property Type: Single Family
    MLS Number: P1-18145
    Community: Altadena
    Status: Active


    Located in The Meadows, a highly coveted Altadena enclave, this quintessential California Ranch home, built in 1954, has been proudly maintained by the preset owners for 40 years. Situated on nearly 1/3 of an acre, the generous lot provides endless opportunities for expansion, recreation, and gardening. Upon entering the home, the open concept mid-century living is readily apparent. There is an open living and dining area that exudes warmth with lovely views of the spacious backyard, original hardwood floors, and a stately decorative brick fireplace. A door provides direct access to the inviting patio area, perfect for alfresco dining and outdoor entertaining. The south side of the house is finished with an efficient galley style kitchen, with a Viking range, stainless-steel refrigerator, and a charming breakfast area with peaceful views of the front yard. The north side of the house features three bedrooms and two bathrooms connected by a central hall. All of the bedrooms have ample natural light and original hardwood floors. The property is complete with a 2-car garage and at the rear of the property, a delightful surprise - a sparkling pool that overlooks the natural canyon and striking mountains beyond.With its idyllic setting and community feel, living in The Meadows means enjoying the best of both worlds -- peaceful suburban living with the convenience of local shops and dining and vibrant city life that is just a short drive away. Don't miss the opportunity to own this enchanting home on an expansive lot in one of Altadena's most desirable neighborhoods.

    Listed with Matt McIntyre CalDRE: 01844466 | (626) 943-7321, Berkshire Hathaway Home Servic


    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, 20 Jun 2024 06:43:00 +0000: $1,095,000 :: 227 E Palm Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 1 bath
    Home size: 1,050 sq ft
    Lot Size: 6,469 sq ft
    Added: 05/27/24, Last Updated: 06/20/24
    Property Type: Single Family
    MLS Number: P1-17820
    Community: Altadena
    The price of this listing was last reduced on 6/20/2024 by 8%
    Status: Active


    Charming Spanish home was completely redone through out the years and it shows Like a model. Three bedrooms 2-car detached garage all gated plus side parking, beautiful gardens It comes with 2 chicken coops, Several fruit trees (Loquat, fig, peach, plum, orange, clementine, lemon, olive tree and Nankin Cherry bushes). 2 car garage with a laundry room, toilet, and laundry sink. The garage has wall to wall enclosed cabinets. Extra enclosed secure storage outside the garage. Room to park a 3rd car in the back or use it as a sitting area. A nice patio in the back of the house for outdoor sitting. 270 SQFT. of raised bed space for a garden. Fully fenced yard to keep pets enclosed.

    Listed with Mike Kobeissi CalDRE: 01011211 | (818) 949-7575, Kobeissi 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/!


  • Wed, 19 Jun 2024 09:06:00 +0000: $2,995,000 :: 2085 E Altadena Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 3,550 sq ft
    Lot Size: 22,334 sq ft
    Added: 06/05/24, Last Updated: 06/19/24
    Property Type: Single Family
    MLS Number: 24387161
    Community: Altadena
    The price of this listing was last reduced on 6/19/2024 by 8%
    Status: Active


    Welcome to your serene sanctuary at the foothills of the San Gabriel mountains, where modern luxury meets sustainable living in perfect harmony. Nestled amidst the whispering pines and lush greenery, this turnkey marvel awaits, offering an idyllic retreat just 20 minutes from the vibrant heart of Downtown Los Angeles. Step into a world of tranquility and unmatched natural beauty. Enveloped by towering trees and pristine vistas, this net-zero oasis promises a lifestyle of serenity and privacy, without sacrificing urban convenience. Embark on adventures along multiple hiking trails mere moments from your doorstep, immersing yourself in the untouched splendor of the surrounding landscape. Effortlessly blending eco-conscious design with unparalleled comfort, this residence boasts a discreet yet powerful solar system, paired with Tesla PowerWall backup batteries, ensuring seamless energy independence. Dive into the crystal-clear waters of the saltwater pool, maintained at a blissful 88 degrees for extended seasons of aquatic enjoyment, courtesy of the innovative electrical heat pump. Indulge in year-round comfort with recent upgrades enhancing every corner of this remarkable abode. From energy-efficient windows to a whole-home humidifier and hot water recirculator, every detail has been meticulously crafted to elevate your living experience to new heights. Discover outdoor bliss with three distinct covered lounging areas, providing the perfect backdrop for al fresco gatherings or moments of solitary reflection, regardless of the weather or time of day. Welcome home to a sanctuary where nature and luxury converge, offering a lifestyle of unparalleled tranquility and sustainability amidst the breathtaking beauty of Southern California's natural wonders.

    Listed with Kevin Stewart CalDRE: 02050755 | 310-691-3605, The Agency


    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, 18 Jun 2024 09:38:00 +0000: $2,999,000 :: 351 E Calaveras Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    6 beds, 4 baths
    Home size: 4,502 sq ft
    Lot Size: 25,487 sq ft
    Added: 05/16/24, Last Updated: 06/18/24
    Property Type: Single Family
    MLS Number: P1-17715
    Community: Altadena
    Status: Active


    Welcome to your dream Craftsman retreat nestled in this serene Altadena neighborhood. As you ascend the long, private gated driveway, anticipation builds for the grand reveal of this captivating 2-story home. Upon arrival, the expansive front porch welcomes you, greeted by classic Craftsman charm emanating from every detail. Enter through the oversized front door to discover a meticulously crafted interior boasting original hardwood flooring, wood box beam ceilings & a majestic oversized brick fireplace with a wood mantle, now serving as a decorative centerpiece. Recessed lighting illuminates the spacious living area, leading seamlessly to the formal dining room. The gourmet kitchen is a chef's delight, equipped with top-of-the-line Thermodor appliances, including an oversized refrigerator & freezer, a gas range & dishwasher. Tile countertops & ample cabinetry are complemented by wood-look vinyl flooring. An adjoining den area provides additional living space, complete with doors leading to the backyard retreat. The first floor hosts 3 of the 6 bedrooms. The second bathroom, featuring a claw foot tub beneath a picturesque bay window is anchored by 2 of the 3 bedrooms. Ascend the stairs to the second floor, where a spacious great room awaits, adorned with vaulted ceilings, wood beam accents & French doors opening to a balcony. 3 more bedrooms, including the luxurious primary suite, offer comfort & elegance. This expansive bedroom has a large picture window & crown molding. The attached en-suite bathroom has its own custom finishes such as penny tile flooring, subway tile walls recessed lighting to go with the dual-sink vanity, jetted spa-like tub & oversized glass shower with subway tile. The 2 remaining bedrooms are comparable in size and each have crown molding & good sized closet built-ins. The outside of the house is calling you to discover your own private oasis, complete with dual patio areas, a barbecue island, & a covered parking space adjacent to the detached 2-car garage. A gazebo, a ''treetop'' deck & lush landscaping, including fruit trees, majestic oak trees & large deodar trees create a tranquil backdrop for outdoor gatherings. With solar panels on the roof & the ability for EV charging, this home seamlessly combines sustainability with luxury living. Don't miss this rare opportunity to own a piece of Altadena's finest craftsmanship, where every detail is thoughtfully designed for comfort, style & timeless beauty.

    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/!


  • Sun, 16 Jun 2024 20:22:00 +0000: $849,000 :: 705 Figueroa Drive, Altadena CA, 91001 - Altadena - Homes for Sale
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    3 beds, 1 bath
    Home size: 1,158 sq ft
    Lot Size: 5,785 sq ft
    Added: 06/16/24, Last Updated: 06/16/24
    Property Type: Single Family
    MLS Number: P1-18099
    Community: Altadena
    Status: Active


    Nestled in the foothills of the San Gabriel Mountains, this well maintained 3-bedroom, 1-bath home on dreamy palm lined Figueroa Drive is a slice of paradise. Recently refinished hardwood floors gleam throughout the light-filled interior, complemented by a cozy fireplace perfect for cooler evenings. The vintage tiled full bath adds a touch of character.Outside, a spacious backyard provides plenty of space for gardening, playing, and relaxing, while a covered patio allows for al fresco dining on warm summer nights. Located near JPL, Hahamonga Watershed Park, and the Gabrielino and El Prieto Trails, outdoor enthusiasts will find plenty to explore. Plus, the vibrant eateries and coffee shops on Lincoln Avenue are just a stone's throw away.With easy access to the 210 freeway, this home combines the tranquility of foothill living with the convenience of urban amenities.

    Listed with Nichole Dunville CalDRE: 02058773 | (626) 627-1010, 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/!


  • Fri, 14 Jun 2024 15:49:00 +0000: $1,199,000 :: 354 E Pentagon Street, Altadena CA, 91001 - Altadena - Homes for Sale
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    3 beds, 2 baths
    Home size: 1,777 sq ft
    Lot Size: 6,561 sq ft
    Added: 06/12/24, Last Updated: 06/14/24
    Property Type: Single Family
    MLS Number: 24402157
    Community: Altadena
    Status: Active


    A spacious traditional style family residence situated on a private street exudes charm and aesthetic appeal. Recently remodeled, the kitchen offers an expansive layout seamlessly flowing into the living and dining areas. Features include a picturesque white picket fence, modern stainless steel appliances, elegant quartz countertops, preserved original hardwood flooring, a two-car garage, an ample backyard, stucco exterior, and central air conditioning. The main floor comprises three bedrooms and two full baths, while the fully finished lower level provides versatile space suitable for an extra bedroom, den, office, or gym. With its own entrance, this area offers direct access. Enjoy the serene backyard adorned with mature oak trees.

    Listed with Rouja Koleva CalDRE: 01936334 | 310-977-8202, The Agency


    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, 14 Jun 2024 07:43:00 +0000: $1,349,000 :: 1807 New York Drive, Altadena CA, 91001 - Altadena - Homes for Sale
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    4 beds, 3 baths
    Home size: 2,003 sq ft
    Lot Size: 8,002 sq ft
    Added: 06/14/24, Last Updated: 06/14/24
    Property Type: Single Family
    MLS Number: P1-18064
    Community: Altadena
    Status: Active


    1927 English cottage with mid-century studio ADU is sited well back and above the street behind an alluring front garden. Magnificent date palm, roses, and a hedge of pomegranate trees introduce this updated 3 bedroom, 2 bath cottage with classic 'catslide' roofline and covered front porch with charming arched entry. Inside, polished wide plank floors complement original features like textured plaster walls and coved ceilings. Views through the living room casement cottage windows with beautiful wavy glass are leafy green and lovely. The dining room is light and bright with access to the adjacent east-facing veranda -- a peaceful outdoor retreat -- what a spot for morning coffee! Adjacent upgraded kitchen with garden view and attached laundry room enjoys access to a private landscaped brick patio. Upstairs, find the primary suite with spacious walk-in closet, full bath and bonus storage space. Downstairs, two additional bedrooms, both with ample natural light, share another updated bath with dual sink vanity. Backyard offers a grassy play area with spa, a finished two-car garage with built-in workbench and ample additional parking. Finally, a separate, permitted ADU with kitchen, full bath and additional outdoor private patio with laundry is a true asset for rental income, guests or just additional living space. Foodies will delight in this location, close to local favorites both new and old, including Altadena Beverage Company, Prime Pizza, and Armen market to name a few.

    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, 14 Jun 2024 07:39:00 +0000: $1,700,000 :: 1766 E Calaveras Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 2,205 sq ft
    Lot Size: 8,455 sq ft
    Added: 06/12/24, Last Updated: 06/14/24
    Property Type: Single Family
    MLS Number: PF24120185
    Community: Altadena
    Status: Active


    Absolutely beautiful home with the San Gabriel mountains looming in the foreground! The landscaping is 2nd to none and the views are to match. Join an exclusive street with long term homeowners showcasing the pride of homeownership in the Altadena Hills. The home is spacious with a entertainer's dream of a great room, looking out to the manicured front yard through the large bay window. A family/dining combo is connected to the kitchen by a service window making hors d'oeuvres service a breeze. There are 3 ample bedrooms off a quiet hallways. There is a finished basement to boot, perfect for a home office or other work space. The backyard has an array of lovely plants, highlighted by a unique, 100+ year old rose bush worthy of being in the Rose Parade. All this is just down the road from the Altadena Town & Country Club for the sport enthusiasts in the family. Come see it today!!

    Listed with Christopher MacPhail CalDRE: 01768787 | 9167121759, 3 Point Real Estate


    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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