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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.

  • Sat, 04 Feb 2023 09:10:00 +0000: $995,000 :: 820 New York Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,333 sq ft
    Lot Size: 9,475 sq ft
    Added: 01/29/23, Last Updated: 02/04/23
    Property Type: Single Family
    MLS Number: SR23015733
    Community: Altadena
    Status: Active


    First time EVER on the market since being custom built by the seller's grandparents! Located in a highly desirable location, this mid-century home features three bedrooms, two baths, beautiful freshly-refinished solid wood floors, brand new central air and heat, new electrical panel, screened-in patio and solid construction. This is truly a very clean canvas waiting for the right buyer to make it your home! Situated on a 9,476 sq foot lot, with a detached, oversized garage which may be converted into an income-generating ADU, this property is a great find at this price. The back yard is massive and can offer enough room for additional construction or simply enjoy as a yard. Close to one of the best charter schools in Southern CA, Odyssey Charter School, additional excellent schools include Aveson School of Leaders and Pasadena Rosebud Academy. First time on the market, come view this special find quickly as it probably won't last long!

    Listed with Kevin Pike CalDRE: 01990544 | 818-571-1508, Coldwell Banker Exclusive


    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, 02 Feb 2023 12:12:00 +0000: $1,299,000 :: 775 Morada Place, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,398 sq ft
    Lot Size: 6,534 sq ft
    Added: 02/02/23, Last Updated: 02/02/23
    Property Type: Single Family
    MLS Number: CV23017833
    Community: Altadena
    Status: Active


    This newly renovated 3-bedroom, 2-bathroom home in Altadena is a must-see! With a bright, inviting living room, cozy fireplace, and expansive front/back yard, this home has it all. This home features a spacious primary bedroom, with an ensuite bathroom. The dining room provides a wonderful space for dining and entertaining guests, while the kitchen has beautiful floating shelves and quartz countertops that offer ample space and style. Conveniently located near the 210 freeway, Pasadena, La Canada Flintridge, and Santa Anita, with easy access to hiking trailheads and stunning mountain views.

    Listed with Nicholas Alvarez CalDRE: 01950605 | 909.908.5859, WORK REALTY ADVISORS


    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, 02 Feb 2023 08:50:00 +0000: $2,695,000 :: 2927 Santa Rosa Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 4 baths
    Home size: 2,801 sq ft
    Lot Size: 13,029 sq ft
    Added: 12/11/22, Last Updated: 02/02/23
    Property Type: Single Family
    MLS Number: AR22243528
    Community: Altadena
    Status: Active


    ALL NEW CONSTRUCTION. This newly built contemporary home has been designed with elegant details which include the best of current day amenities. Located on a quiet street just below the San Gabriel mountains with world class hiking trails. This property is the perfect blend of old-world charm and modern sophistication. This family home is single story with 10' ceilings, custom quartz counters and an abundance of natural light. It includes all new wide plank oak floors, recessed lighting, security and fire sprinkler systems, copper plumbing, new water, gas and sewer service, tankless water heater, 200 amp electrical panel, central heating and air conditioning, composite roof, insulation throughout, and double glazed custom windows are among the many highlights of the residence. The open floor plan features a large kitchen with all new appliances, soft closing custom cabinetry and a 6-foot island that opens to a dining area and large family room with a fireplace connecting to a spacious patio overlooking a pool and spa. There are three nicely sized bedrooms with ensuite bathrooms, including a primary suite with bath, shower, and large walk-in closet plus a powder room. In addition there is a living room area that can also be used as an office or 4th bedroom. The lot measures over 13,027 Sq. Ft. with mature trees, new driveway, landscaping and newly installed automatic sprinkler system. Another home designed and built by LN Properties, LLC.

    Listed with Norman Mitchell CalDRE: 00339426 | 213-716-0413, Norman Mitchell, BROKER


    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, 01 Feb 2023 14:09:00 +0000: $1,200,000 :: 94 W Poppyfields Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,550 sq ft
    Lot Size: 9,754 sq ft
    Added: 11/17/22, Last Updated: 02/01/23
    Property Type: Single Family
    MLS Number: 22219057
    Community: Altadena
    Status: Active


    Fantastic home in sought after location! This home has fresh interior paint and new flooring throughout the home. Windows create a light filled interior with well placed neutral accents. The kitchen is ready for cooking with ample counter space and cabinets for storage. Head to the spacious primary suite with good layout and closet included. Additional bedrooms provide nice living or office space. Take advantage of the extended counter space in the primary bathroom complete with double sinks and under sink storage. Take it easy in the fenced in back yard. Don't miss this incredible opportunity.

    Listed with Gabriel Valdez CalDRE: 02061030 | 323-859-6345, Opendoor Brokerage Inc.


    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, 31 Jan 2023 20:41:00 +0000: $1,999,000 :: 1772 New York Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 5 baths
    Home size: 3,672 sq ft
    Lot Size: 9,858 sq ft
    Added: 01/16/23, Last Updated: 01/31/23
    Property Type: Single Family
    MLS Number: GD23007058
    Community: Altadena
    The price of this listing was last reduced on 1/31/2023 by 9%
    Status: Active


    NEWER CONSTRUCTION. This grand newly built modern home features nearly 3700 square feet of living space, and has been immaculately designed with elegant details which include the best of modern day amenities. This beautiful and bright two story custom built house features 4 bedrooms and 5 bathrooms, providing plenty of space for a growing family or guests.A true open floor plan layout accommodates the living room, formal dining room, family room with a grand kitchen area ideal for entertaining. The customized kitchen includes natural stone floors, quartz countertops, German design cabinets, high ceilings with recessed lighting throughout, a walk-in pantry, one large island and an additional peninsula island, as well as top-of-the-line Samsung appliances. The entire home also carries filtered purified water. The first floor has a guest bedroom with an ensuite bath, ensuring privacy for your guests. Adjacent to the guest bedroom, you’ll find a separate powder room with a large closet. The stairs lead to an epic introduction to 3 exceptionally large bedrooms with their individual ensuite bathrooms and walk in closets. The extra large master bedroom and front bedroom both have their own private balconies. There's also a spacious laundry room with plenty of closet space. The outdoor space is just as impressive as the indoor. The backyard is an entertainer's dream with two separate decks, grass area with fruit trees and a sparkling saltwater pool with an impressive waterfall. There is a two car garage that has ADU permits – so there's plenty of potential to customize this space to your needs. This home is located blocks from the Pasadena golf course, hiking trails, shops and restaurants.Don't miss out on this incredible opportunity to own a beautiful turn key home!

    Listed with Angela Julfayan CalDRE: 01086029 | 818-476-3000, Coldwell Banker Hallmark


    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, 31 Jan 2023 19:20:00 +0000: $1,895,000 :: 2207 Pinecrest Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,617 sq ft
    Lot Size: 19,311 sq ft
    Added: 01/31/23, Last Updated: 01/31/23
    Property Type: Single Family
    MLS Number: P1-12515
    Community: Altadena
    Status: Active


    Poised perfectly on the rim of northeast Altadena's coveted Eaton Canyon, this four bedroom/three bath mid century Contemporary stunner offers unobstructed million dollar mountain & city views. This is a once-in-a-lifetime opportunity to modernize and create your southern California dream home and entertaining paradise. Tucked on the rear portion of a private and lush 19,000+ square foot lot, the exterior of the property features a sparkling pool, is dotted with oak & pine trees, and offers direct access into the canyon and to the Mt. Wilson trails. Thought to be designed by William Berry Wilke and built in 1966 for the honorable Judge Henry Shatford and his family, who were well-loved influential community members, and avid outdoor enthusiasts who specifically selected this ideal rustic location to build their mountain retreat and enjoyed it for over 56 years.An imported hand carved front door and spacious entry lead to the jaw dropping living room and a primary bedroom that both steal the show. The formal living room features two walls of floor-to-ceiling windows, and a modern stone gas fireplace with an expansive floating hearth. The spacious primary suite, with thoughtfully placed sliding privacy doors that when open, overlook the living room, fireplace, and out to the mountain views and city beyond. A dreamy primary bath with abundant closet space, vanity, soaking tub, and a private deck overlooking the river bed - the perfect place to enjoy your morning coffee or entertaining friends on a beautiful summer evening.The comfortable floor plan was thoughtfully designed by the architect and the family, and with over 2600+ square feet, the interior and exterior spaces blend together effortlessly with the natural surroundings. The formal dining room and kitchen also boast sweeping southern views. In addition to the formal spaces, a family room is located in the heart of the home creating the perfect space for a competitive game of pool or for family movie night. To top it all off, there are three spacious bedrooms, multiple oversized glass sliding doors with the access to the pool, two baths, a laundry area, a workroom, storage space, and a two-car carport with interior access.Located within minutes of Old Pasadena, freeway access, Hastings Ranch shopping, Patticakes, the Saturday Pasadena Farmers' Market, a multitude of amazing restaurants, grocery stores, trendy cafes, fitness centers, public & private schools, and a dynamic arts scene.

    Listed with Cynthia Cohn CalDRE: 01329698 | (626) 714-6808, Cynthia Cohn & Associates, Inc


    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, 31 Jan 2023 13:17:00 +0000: $1,099,000 :: 605 W Mendocino Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 1 bath
    Home size: 1,022 sq ft
    Lot Size: 7,667 sq ft
    Added: 01/31/23, Last Updated: 01/31/23
    Property Type: Single Family
    MLS Number: CV23017107
    Community: Altadena
    Status: Active


    This 3-bedroom 1 bath home sparkles with charm. It is in Altadena where you have full access to the wonderful mountain view that traverse Altadena’s landscape. It has an enclosed patio along with washer and dryer hookups. The rear yard has breathtaking serenity written all over it. It has a tandem attached two-car garage. The property has enough room and rear yard access for an ADU. This property is conveniently located near JPL and the Rose Bowl. If you enjoy the outdoors, it has several bicycle and hiking trails nearby.

    Listed with Ken McPheeters CalDRE: 01180679 | 626-821-3500, MARKETPLACE 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, 31 Jan 2023 09:03:00 +0000: $1,649,000 :: 169 E Loma Alta Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,154 sq ft
    Lot Size: 15,103 sq ft
    Added: 01/31/23, Last Updated: 01/31/23
    Property Type: Single Family
    MLS Number: P1-12508
    Community: Altadena
    Status: Active


    We are proud to present this unique and special Altadena character home. Sited on over fifteen thousand square feet, this Cape Cod home boasts mature and enchanting landscaping, including a stream, koi pond, and many areas around the expansive lot to relax or entertain. With views of trees and mountains from most windows, this 4-bedroom home enjoys a large, ground level primary suite, a great room with dramatic vaulted ceilings and breathtaking views of the exquisite, natural setting. There is also a den, a bonus room, a spacious garage and so much more. Fully gated, surrounded by nature, peaceful and private, this home also offers close proximity to shops, cafes and hiking for a quintessential Altadena living experience.

    Listed with Teresa Ruelas CalDRE: 02000893 | (646) 617-8734, 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/!


  • Mon, 30 Jan 2023 18:34:00 +0000: $875,000 :: 525 Archwood Place, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,530 sq ft
    Lot Size: 5,851 sq ft
    Added: 01/30/23, Last Updated: 01/30/23
    Property Type: Single Family
    MLS Number: BB23009150
    Community: Altadena
    Status: Active


    A clean slate waiting for your personal touch! On a quiet street with mountain views in beautiful Altadena. Featuring 1,530 SqFt of living space, this 3-bedroom, 2-bathroom home has so much to offer. Sitting on a 5,849 SqFt lot, the yard is a good size with the front showcasing a lawn and lush village. Easy parking with a long driveway and attached, 2-car garage. Near Lincoln Avenue with markets, coffee shops, restaurants. Easy access to the 210-Fwy. Close to the Rose Bowl Stadium, Brookside Golf Course, Old Town Pasadena, Jet Propulsion Laboratory, and La Canada Flintridge. In the Pasadena Unified School District. Your dream home awaits!

    Listed with Tatevik Damadyan CalDRE: 02022595 | 818-246-1099, JohnHart 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/!


  • Mon, 30 Jan 2023 11:57:00 +0000: $2,595,000 :: 1184 E Mendocino Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 5 baths
    Home size: 3,416 sq ft
    Lot Size: 22,652 sq ft
    Added: 11/08/22, Last Updated: 01/30/23
    Property Type: Single Family
    MLS Number: P1-11938
    Community: Altadena
    The price of this listing was last reduced on 1/30/2023 by 7%
    Status: Active


    Designed by architect John A. Grundfor, this beautiful 1930 Spanish Revival is located in the sought-after Country Club neighborhood of Altadena. Sited on a flat, over half-acre lot, this home showcases vintage character and timeless design. Offering 4 bedrooms, 4.5 baths, a den, home office, and generously-sized patio, the home has been thoughtfully updated while retaining its original charm. Stroll up the pathway to the main entry, featuring a handsome original front door and travertine floors. With its soaring high ceiling, the living room is a gracious space to enjoy a wood-burning fire, take in the views of the San Gabriel mountains or enjoy the expanse of your park-like backyard. Spanning over 3,400 square feet, the living space of the home is well-organized, with a private bedroom wing and public entertainment space flowing effortlessly to the patio and rear yard. At the center of the home is the kitchen, which is open to the dining room and an adjacent sitting room, and provides ample counter space, a newer double Wolf oven, Sub-Zero refrigerator, and a large peninsula. The generous primary en-suite bedroom features a walk-in closet and views of the rear yard. Original details include hardwood floors throughout and vintage tiled bathrooms in excellent condition. Wine lovers will enjoy your own grenache noir vineyard; a temperature-controlled wine cellar generously sized to hold ~1,000 bottles; a 3-car garage with one bay outfitted to process the grapes grown on location; and a standing-height basement storage area with a concrete floor. The long, gated driveway provides plenty of space for off-street parking. Updates include copper plumbing, dual HVAC zones, Nest thermostats, new water service from the street, a newer Spanish tile roof on the main house (approx. 3 years old), copper gutters, and a Tesla charging station. The landscape boasts a mature sycamore tree and palm trees, as well as orange, lime, yuzu, and lemon trees. Enjoy the convenience of the Country Club and golf course a block away, nearby hiking trails, walkable sidewalks, and all that this lovely neighborhood has to offer.

    Listed with Ashleigh Rader CalDRE: 02159992 | (203) 822-2131, 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/!


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