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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, 21 Feb 2024 12:53:00 +0000: $1,250,000 :: 2484 Hanning Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 2 baths
    Home size: 1,532 sq ft
    Lot Size: 6,783 sq ft
    Added: 02/21/24, Last Updated: 02/21/24
    Property Type: Single Family
    MLS Number: SR24024426
    Community: Altadena
    Status: Active


    in search of a safe, comfortable environment with breathtaking views of the La Canada Hills? You have found it in this Altadena home. Move into a peaceful neighborhood and gaze at the snowcapped San Gabriel mountains in the winter. Quaint little neighborhood: is hidden away from the hustle and bustle of downtown Los Angeles and Glendale. A favorite spot in this home is a spacious family room. It is warm, inviting and versatile. Spacious enough for food, fun, games, and your most festive party. If you are tired of fighting the traffic work remotely at home. You can become the zoom queen and king when you bring your own studio green screen setup. Broadcast seminars and webinars in the comfort of your own home. Many appealing features, window over the sink in the kitchen, hardwood floors in the living room, natural sunlight the beams through the living room window. Sit in front of a cozy fireplace. Many community amenities, open space and minutes away from the 210 FWY. Deferred maintenance may require you to bring your contractor or use your own creative home improvement skills to turn this California style home into your own get-away living space.

    Listed with Mel Wilson CalDRE: 00645264 | 818-336-6777, Mel Wilson & Associates - Realtors


    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, 21 Feb 2024 11:09:00 +0000: $1,299,990 :: 195 E Las Flores Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 3 baths
    Home size: 1,354 sq ft
    Lot Size: 8,002 sq ft
    Added: 01/31/24, Last Updated: 02/21/24
    Property Type: Single Family
    MLS Number: TR24015323
    Community: Altadena
    Status: Active


    Welcome to this beautifully upgraded gated home nestled in the tree-lined neighborhood of Altadena. Upon arrival, take note of the impressive curb appeal, and be prepared to be enamored by the numerous upgrades awaiting you inside. This residence features 3 bedrooms and 3 bathrooms, including one primary suite and one junior suite. The newly added PERMITTED guest bathroom is conveniently located near the spacious guest room and living areas. A brand new roof was installed just two years ago, complemented by luxury flooring and newer low E vinyl windows throughout the house. The kitchen is highly upgraded with ample cabinets providing extra storage space, premium quartz countertops, and a designer tile backsplash. The large primary bedroom boasts a huge walk-in closet, an upgraded bathroom, vaulted ceilings, and direct access to the backyard. All bathrooms showcase stylish flooring, tiles, and high-end vanities. The expansive laundry room is situated next to the kitchen area. A newer sliding door in the living room leads to the spacious front patio, seamlessly connecting the indoor and outdoor spaces and expanding your living area for memorable moments with family and friends. Extra long driveway perfect for RV Parking! The huge backyard offers views of the foothills, featuring a new sprinkler system installed two years ago. The perfect lawn creates an ideal space for all your favorite activities. Altadena is recognized as one of the best places to live in California, providing residents with a sparse suburban feel while remaining close to Pasadena and other nearby cities with an abundance of restaurants, shops, and parks.

    Listed with Christine Wang CalDRE: 01882285 | 909-860-9002, Centermac Realty, 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/!


  • Wed, 21 Feb 2024 10:45:00 +0000: $1,300,000 :: 2895 Maiden Lane, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 2 baths
    Home size: 1,694 sq ft
    Lot Size: 5,807 sq ft
    Added: 02/20/24, Last Updated: 02/21/24
    Property Type: Single Family
    MLS Number: P1-16592
    Community: Altadena
    Status: Active


    Welcome to 2895 Maiden Lane in Altadena! This well-kept home has two bedrooms and two bathrooms, the primary being an en-suite. The dining room and living room are both grand and have plantation shutters. The living room boasts a brick fireplace and beautiful crown molding. The kitchen is bright and airy, has a breakfast nook, and is attached to the laundry room. There are ceiling fans throughout the house and two light-providing skylights in the hallway and guest bathroom. The front yard is lush, green and has tons of curb appeal. There is also a two car garage, which is located beneath the dining room. The backyard has a built-in Jacuzzi and beautiful trees, including an orange and palm tree. This house is move-in ready and not be be missed! *Two photos are virtually staged.

    Listed with Kate Hall CalDRE: 02153692 | (818) 421-5345, 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/!


  • Tue, 20 Feb 2024 15:47:00 +0000: $1,400,000 :: 2021 Hill Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,545 sq ft
    Lot Size: 8,909 sq ft
    Added: 02/14/24, Last Updated: 02/20/24
    Property Type: Single Family
    MLS Number: P1-16530
    Community: Altadena
    Status: Active


    Perched gracefully overlooking the sprawling Altadena Golf Course, this charming 1940s Traditional home embodies a lifestyle of tranquility and elegance in one of the area's most sought-after neighborhoods. With sweeping views of the majestic San Gabriel Mountains and an enchanting curb appeal, it's more than just a house - it's a sanctuary for the soul.Set on a generous 8,908 square-foot lot (per assessor), the property is a haven of lush greenery, offering not just privacy, but a canvas for outdoor gatherings and moments of reflection alike.Step onto the property and be transported to a bygone era, where every detail tells a story of timeless charm and warmth. From the quaint lamppost with its hanging address numbers to the inviting front porch, every element beckons you to slow down and savor life's simple pleasures.Inside, the home seamlessly blends classic craftsmanship with modern comforts, creating a space that feels both nostalgic and refreshingly contemporary. Gleaming hardwood floors and original doors whisper tales of yesteryears, while thoughtful updates like custom lighting and a remodeled kitchen & baths infuse the home with a sense of effortless sophistication.The living spaces are bathed in natural light, each room offering a unique vantage point to admire the surrounding beauty. Whether it's the sun-drenched formal living room with its bay window framing panoramic views, or the cozy dining room beckoning you to linger over meals with loved ones, every corner invites you to slow down and savor the moment.Outside, the property unfolds into a private oasis, with secluded nooks and crannies perfect for intimate conversations or quiet contemplation. A detached garage with attached flex space provides an area for your creative pursuits, be it a home office or your own personal yoga studio.Located in the heart of Altadena, this home isn't just a place to live - it's a gateway to a lifestyle defined by leisurely strolls on the golf course, evenings spent savoring local delights at nearby eateries, and weekends exploring the natural wonders of Eaton Canyon.Don't miss this opportunity to create a home where every day feels like a getaway and every moment is a chance to make cherished memories.

    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, 20 Feb 2024 15:27:00 +0000: $2,100,000 :: 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: 10/16/23, Last Updated: 02/20/24
    Property Type: Single Family
    MLS Number: 23321325
    Community: Altadena
    The price of this listing was last reduced on 2/20/2024 by 0%
    Status: Active


    Stunning Altadena Mountain View Property with Endless Development PotentialNestled in the serene hills of Altadena, this remarkable property offers a once-in-a-lifetime opportunity to create your dream development. Boasting breathtaking panoramic views of the majestic San Gabriel Mountains, this blank canvas is a developer's dream come true.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 Necole Hilbert CalDRE: 02040331 | 310-871-2949, Sync 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/!


  • Fri, 16 Feb 2024 11:33:00 +0000: $2,599,000 :: 104 W Loma Alta Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 2,800 sq ft
    Lot Size: 26,934 sq ft
    Added: 02/16/24, Last Updated: 02/16/24
    Property Type: Single Family
    MLS Number: 24354805
    Community: Altadena
    Status: Active


    Nestled in the picturesque community of Altadena, this charming 3-bedroom, 2- bathroom home awaits you on an expansive half-acre lot. As you approach, an inviting brick walkway guides you past lush greenery and mature trees, creating an immediate sense of peace and tranquility. Inside, the airy interior welcomes you with warm natural light, creating a space designed for both entertaining and cozy nights in. The formal living room, featuring a stunning fireplace adds an element of of character and charm. The modern open floor plan includes a cozy family room a haven with view perfect for gatherings with loved ones. Unwind on the expansive deck and host summer barbecues on the patio, surrounded by the bucolic beauty of mature trees that provide both shade and privacy. In addition to a sleek modern kitchen with island, the main floor features two bedrooms, a full bathroom, and a spacious laundry room with it's own sink. Upstairs awaits the luxurious master suite. The master-bedroom opens onto a balcony with expansive treetop views of the lush greenery below. Indulge in the spa-like ambiance of the master bathroom, with his & hers walk-in closets, a double vanity, and a soaking tub that offers soaring views of the landscape. Imagine moving into what is essentially a brand new home; all major systems including electrical, plumbing, air conditioning, bathrooms, kitchen, garage, etc have have been meticulously upgraded. For horse lovers, the property is zoned for equestrian living and boasts an oversized garage with ample room for a horse trailer. Moreover, nearby Loma Alta Park offers many amenities including equestrian trails. The spectacular Millard Falls hiking trail with its breathtaking waterfall is just steps away. Take the first step into your personal sanctuary-schedule your showing today and embark on the journey to living your finest life!

    Listed with Travis Bayles CalDRE: 01895090 | 626-230-4759, Douglas Elliman


    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, 15 Feb 2024 12:30:00 +0000: $699,500 :: 2195 Casitas Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 2 baths
    Home size: 1,174 sq ft
    Lot Size: 6,125 sq ft
    Added: 01/04/24, Last Updated: 02/15/24
    Property Type: Single Family
    MLS Number: PW23231516
    Community: Altadena
    The price of this listing was last reduced on 2/15/2024 by 15%
    Status: Active


    (Back in the Market ) 2/15 1ST TIME BUYERS or experienced buyers . Great location next to Jackson Elementary School and John Muir High School. NEEDS SOME TLC..Close to 210 Freeway and Rose Bowl . Like to Hike? El Prieto Canyon and more. (Buyer unable to perform)

    Listed with Georgina Melendez CalDRE: 01292306 | 3232407799, IET 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/!


  • Wed, 14 Feb 2024 17:28:00 +0000: $1,799,900 :: 3507 N Marengo Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,593 sq ft
    Lot Size: 16,118 sq ft
    Added: 02/13/24, Last Updated: 02/14/24
    Property Type: Single Family
    MLS Number: P1-16513
    Community: Altadena
    Status: Active


    Welcome to this sprawling 1/3-acre corner lot single level home set against the breathtaking San Gabriel mountain range. Stepping inside the foyer sets the tone for the rest of the house. This tastefully updated and remodeled over the years home, boasts a fireplace in both the living room and den that creates a cozy atmosphere ideal for great gatherings. There is recessed lighting throughout, cathedral ceilings, and a formal dining room. The large kitchen, features plenty of storage, breakfast bar, ample counter space for the avid chef, and granite countertops. French doors offer access to a family room that opens to the covered patio. The large Ensuite offers a peaceful retreat with plenty of space and light. The attached bathroom has been tastefully remodeled for a jacuzzi jetted tub, a separate shower, and double sinks.Exceptional living continues in the peaceful and serene outdoor space. Enjoy the private in ground pool and spa, pergola, deck, and fully fenced backyard, patio, mountain and city views, which create a perfect ambiance for relaxation and entertaining.Invaluable features include upgraded copper plumbing from the meter to each fixture, upgraded electric panel with permit, newer water heater, newer roof, dual paned windows, water feature, electric gate over driveway, water softener (leased), automatic sprinklers throughout and an AT&T fiber coming to the house.

    Listed with Al Bailey CalDRE: 00768587 | (626) 644-2778, Hythe Realty, 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/!


  • Wed, 14 Feb 2024 05:15:00 +0000: $1,179,000 :: 631 W Crosby Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 2 baths
    Home size: 1,728 sq ft
    Lot Size: 6,203 sq ft
    Added: 02/13/24, Last Updated: 02/14/24
    Property Type: Single Family
    MLS Number: P1-16510
    Community: Altadena
    Status: Active


    This exquisite and charming craftsman home is conveniently located on the West side of Altadena. Minutes to NASA's Jet Propulsion Laboratory, Pasadena Rose Bowl, Hiking trails, Horse trails, and many more. This 4 bed, 2 bath, 1,728 sqft. home with additional 300 sqft of Californian style basement for extra storage or to be converted into your private man cave or office. This fully fenced house features, granite countertops, mahogany cabinets, a large walk-in pantry, and a separate laundry room. New water heater tank, new sewer line, new exterior paint, travertine tile flooring in the kitchen, bathrooms and the laundry room. Plantation shutters throughout home and build in blinds on patio doors.From the den you open out to the freshly built composite deck through the new French doors extending your indoor to outdoor space, perfect for entertaining.The elegant landscaping of outdoors, lined with privacy hedges, fruit trees, roses, king palm and native plants, blends perfectly for you to relax, enjoy and spending time outdoors with family and friends. Imagine sipping your daily morning coffee on the covered porch listening to the songs of the birds while admiring the beautiful view of the mountain. It's a little gem in Altadena not to be missed.

    Listed with Iye Kang CalDRE: 02081113 | (626) 316-3515, Bryant Companies


    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, 10 Feb 2024 08:17:00 +0000: $1,075,000 :: 71 Laurel Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,509 sq ft
    Lot Size: 7,262 sq ft
    Added: 02/08/24, Last Updated: 02/10/24
    Property Type: Single Family
    MLS Number: P1-16464
    Community: Altadena
    Status: Active


    Just what you've been seaching for! A post war Ranch with a mid century vibe, on a quiet cul-de-sac nestled in the foothills of the San Gabriel mountains in NW Altadena. This warm and inviting 3 bedroom, 2 bath house has a valley view from the front and a mountain view. Graced with a magnificent magnolia tree, this property also boasts jacaranda and meyer lemon trees. The primary en suite bedroom is extremely spacious and private and the kitchen provides plenty of room for all of your culinary creations. Third bedroom is currently being used as an office. With a tankless water heater, copper plumbing as well as mostly newer windows, a lot of the heavy lifting has been done. Walking distance to hiking trails and Loma Alta Park where you will find the Friday evening Farmers Market. The rear covered patio is the perfect place to find some peace and relaxation or to enjoy Southern California living with friends, furry or otherwise.

    Listed with Linda Seyffert CalDRE: 01248439 | (626) 712-5194, 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/!


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