Altadena Market Report for January – February 2013
We’ve kicked off the new year with a “bang.” Many home buyers are finally getting off the fence . Prices are still affordable in many areas, and buyers should take advantage of the low interest rates being offered by many financial institutions.
Lets check out how Altadena real estate market has performed the last two months.
January ~ 35 single family homes closed escrow.
- Average square feet: 1,482
- Average price per square feet: $321.76
- Days on market/ Cumulative days on market: 52days/ 69days
- Average original list price: $486,554
- Average sale price: $474,831
- Sold Price % to List Price: 99.12%
- 21 homes sold over asking price
The lowest priced home: 3327 Turin Avenue. List $325,000. Sold at $235,000. Two bedrooms, 1 bathroom. 858 SF with 7,387 SF lot size. Built in 1948.
The highest priced home: 2331 Glen Canyon Rd. List $899,000. Sold at $885,000. Three bedrooms, three bathrooms. 2,174 SF with 7.980 SF lot. Built in 1931.
February ~ 37 homes single family homes closed escrow.
- Average square feet: 1,604
- Average price per square feet: $335.70
- Days on market/ Cumulative days on market: 83days/ 86days
- Average original list price: $559,368
- Average sale price: $547,489
- Sold Price % to List Price: 99.45%
- 19 homes sold over asking price
The lowest priced home: 185 West Palm Street. List $259,900. Sold $246,000. Two Bedrooms, 1 bathroom. 852 SF with 7,262 SF lot size. Built in 1937.
The highest price home: 2397 Morsley Road. List $1,100,000. Sold $1,100,000Four bedrooms, fourth bathrooms. 2,341 SF with 13,714SF lot. Built in 1939.
*Statistics are from I-Tech MLS.
********************************************************************************************************************************************************** Are you thinking of buying or selling a home in Pasadena and Altadena area? Call Ellie Viray at 626-524-4136 for a market evaluation/consultation. Ellie Viray is a full time Realtor, bilingual in Japanese and lives in Altadena, California helping people MOVE forward to reach their real estate goals. Search for all Pasadena and Altadena active listings here!
