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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.

  • Tue, 19 Nov 2024 09:30:00 +0000: $997,000 :: 245 W Poppyfields Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 2 baths
    Home size: 985 sq ft
    Lot Size: 7,536 sq ft
    Added: 11/19/24, Last Updated: 11/19/24
    Property Type: Single Family
    MLS Number: AR24236249
    Community: Altadena
    Status: Active


    Beautiful Cozy Home in Altadena - Located in a quiet, established neighborhood near parks and mountains, this stunning home underwent a complete overhaul in 2016, ensuring modern upgrades and functionality throughout. The home boasts an open-concept floor plan filled with charm, featuring a newly updated kitchen, bathrooms, flooring, electrical, plumbing, and roof. Key Features: Quartz countertops in the kitchen, Tankless water heater for energy efficiency, Whole house fan for natural cooling, Whole house water filter for pure, clean water, Rapid EV charging station in the carport, Solar panels to help reduce energy costs, Proximity to parks, equestrian trails, and hiking areas. Neighborhood Highlights:, Explore charming coffee shops on Lincoln/Woodberry, Visit the Farmers Market at Loma Alta on Friday evenings, Enjoy community events at Loma Alta Park, Odyssey Charter School is just around the corner, fostering a thriving educational environment, This home offers both comfort and convenience, with a welcoming community, atmosphere and easy access to outdoor activities, making it an ideal place to live. All property data deemed reliable but not guaranteed. Buyer and buyer's agent to investigate all information.

    Listed with David Smith CalDRE: 02035334 | 626-205-4040, 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/!


  • Sun, 17 Nov 2024 14:48:00 +0000: $1,835,900 :: 195 E Palm Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    5 beds, 4 baths
    Home size: 2,857 sq ft
    Lot Size: 5,184 sq ft
    Added: 11/17/24, Last Updated: 11/17/24
    Property Type: Single Family
    MLS Number: PF24235661
    Community: Altadena
    Status: Active


    RARE OPPORTUNITY-BRAND NEW CONSTRUCTION IN ALTADENA! Introducing The Oak Grove of Altadena built by renowned builder, Warmington Residential. This beautiful home is one of only 16 offered in this exclusive new Craftsman-inspired neighborhood. Large Oak trees surround the cul-de-sac neighborhood with the picturesque foothills serving as a backdrop. This home offers 5 bedrooms with one on the main floor, 4 full baths, and many modern upgrades throughout including wood flooring, designer curated tile and quartz finishes, gorgeous designer split finish shaker-door cabinets including Painted White Kitchen perimeter and White Rift Oak finish at kitchen island and balance of home, oversized Quartz kitchen island, luxury Bertazzoni appliances including the refrigerator, stainless steel kitchen sink, beautiful precast fireplace at Dining Room, free standing tub in primary bath, modern matte black plumbing fixtures, designer selected lighting fixtures throughout, Ring Pro Doorbell and many smart home features to make this home fully turn-key. Prepaid solar system included! Don't miss this special opportunity to own a beautiful new home with the highly desirable Altadena address.

    Listed with Rebecca Anne Clausnitzer-Anbardan CalDRE: 01486128 | 6266968830, Warmington Residential California


    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, 15 Nov 2024 21:54:00 +0000: $2,680,000 :: 2966 Zane Grey, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 3 baths
    Home size: 2,303 sq ft
    Lot Size: 59,634 sq ft
    Added: 06/28/24, Last Updated: 11/15/24
    Property Type: Single Family
    MLS Number: AR24132962
    Community: Altadena
    The price of this listing was last reduced on 11/15/2024 by 4%
    Status: Active


    Welcome home to the most breathtaking view of the Los Angeles Valley and Downtown, atop a hill is this stunning luxury home in Altadena that features 3 bedrooms, 3 bathrooms. Upon entering is the spacious living spaces, and gorgeous panoramic views throughout the entire home. Situated on a 59,613 square foot lot, curb appeal is sure an eye opener, with the picturesque exterior, the Spanish tile roof, the full privacy, the lush greenery, and the mountain views. Tile floors, high vaulted ceilings, recessed lighting, and floor-to-ceiling windows that showcase the stunning mountain and city views. The living room is truly an entertainer's dream and features a modern fireplace. The kitchen is equipped with stainless steel appliances including a Sub-Zero refrigerator, a Wolf range, a Vent-A-Hood hood, and a Sun-Zero wine refrigerator. The primary master bedroom features hardwood floors, French doors that lead to the backyard, and an oversized walk-in closet with built-in features. The luxurious ensuite bathroom features stone countertops, solar lighting, and tile floors and is the perfect place for relaxation with the soaking tub and the walk-in shower. The second master bedroom has a newly added full bath. Third bedrooms is spacious and feature hardwood floors, large windows with built-in features, and windows that boast great views throughout. The hallway bathroom features tile floors, a single sink, a tub/shower combo, and tiling that extends up along the wall. There is also a laundry room that features an LG washer and dryer, tile countertops, additional cabinets for storage, a single sink, and a door that leads to the side yard. This home also has a two-car garage. This home has PAID OFF solar panels. The backyard is perfect for dining al fresco dining while overseeing the gorgeous mountain and city views! This home offers full privacy and offers premium indoor/outdoor living.

    Listed with Xiao Cash Li CalDRE: 01385377 | 747-255-9452, SoCal Premier 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/!


  • Thu, 14 Nov 2024 12:54:00 +0000: $999,000 :: 3151 Grandeur Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,194 sq ft
    Lot Size: 7,589 sq ft
    Added: 11/14/24, Last Updated: 11/14/24
    Property Type: Single Family
    MLS Number: P1-19964
    Community: Altadena
    Status: Active


    Welcome to 3151 Grandeur, this original Janes Cottage in the Tutor revival style is nestled in a Historic Neighborhood in the beautiful Altadena Foothills with breathtaking mountain views. Step inside to an inviting open floor plan that seamlessly connects the living room, family room, and dining area--perfect for entertaining and creating cherished memories. All bedrooms and bathrooms are conveniently situated on the left wing, ensuring privacy and an effortless flow. The spacious backyard is an oasis with a large size swimming pool, ample space for gardening, and areas to host. A detached garage has his own electrical panel, sewer and gas offering a potential ADU (buyer to verify with city), extra storage, a studio, or a workshop, and the long driveway provides generous parking. With easy access to highways, local shops, hiking trails and dining, this charming home is move-in ready and waiting for you to make it your own!

    Listed with Tara Fidanian CalDRE: 01966031 | (818) 536-3456, Redfin Corporation


    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, 14 Nov 2024 08:58:00 +0000: $1,999,998 :: 400 E Calaveras Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 1,820 sq ft
    Lot Size: 10,185 sq ft
    Added: 10/24/24, Last Updated: 11/14/24
    Property Type: Single Family
    MLS Number: SR24220816
    Community: Altadena
    The price of this listing was last reduced on 11/14/2024 by 7%
    Status: Active


    This gorgeous mid century modern home has everything you're looking for. This home boasts an open floor plan, kitchen with beautiful quartz countertops, stainless steel appliances, beautiful wood flooring, recessed lighting through out. New HVAC and plumbing were installed last year. Tankless water heater. This home sits on a corner lot with over 10,000 square feet of space. This is the perfect home to build an ADU on. We have plans upon request available.

    Listed with Christian Saco CalDRE: 02030844 | 661-568-6060, HomeSmart Evergreen 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, 13 Nov 2024 22:30:00 +0000: $950,000 :: 616 Devirian Place, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 1 bath
    Home size: 1,420 sq ft
    Lot Size: 8,739 sq ft
    Added: 11/13/24, Last Updated: 11/13/24
    Property Type: Single Family
    MLS Number: OC24233055
    Community: Altadena
    Status: Active


    3 bedroom Single level home in a Great Area of Altadena! Don't miss this opportunity to fix and flip, buy and hold, or remodel and Move-in to an amazing area of Altadena. The home has deferred maintenance, buyer is encouraged to conduct their own independent inspections to determine the condition of the home. Detached 1 car garage, Huge lot, tons of awesome features! Call you Realtor to schedule a tour and make an offer today!

    Listed with Jessica Nieto CalDRE: 01923684 | 5627142176, eXp Realty of California 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, 12 Nov 2024 15:27:00 +0000: $1,630,000 :: 3109 Via Maderas Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 2 baths
    Home size: 1,800 sq ft
    Lot Size: 10,141 sq ft
    Added: 11/12/24, Last Updated: 11/12/24
    Property Type: Single Family
    MLS Number: 24462837
    Community: Altadena
    Status: Active


    Welcome to 3109 Via Maderas, a spacious multilevel 4-bedroom, 2-bathroom home nestled in scenic Altadena. This 1,800 square-foot property sits on a generous 10,142 square-foot lot and offers both style and potential. The kitchen and bathrooms have been recently renovated with tasteful upgrades and recessed lighting, while the rest of the home provides an opportunity for personal touches and TLC. The rooms throughout the home are spacious, offering plenty of room to relax and entertain. The expansive backyard, shaded by tall trees, features a built-in BBQ ideal for enjoying the outdoors after a day on one of the nearby hiking trails, such as Eaton Canyon and Echo Mountain. A 2-car attached garage with laundry hookups adds convenience to this inviting property. Located within the highly regarded Pasadena Unified School District, this home offers a great opportunity to make it your own while enjoying Altadena's natural beauty.

    Listed with Mark Cianciulli CalDRE: 01990266 | 323-208-9512, The CREM Group


    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, 12 Nov 2024 10:34:00 +0000: $2,198,000 :: 1953 Grand Oaks Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    4 beds, 3 baths
    Home size: 2,797 sq ft
    Lot Size: 9,087 sq ft
    Added: 10/19/24, Last Updated: 11/12/24
    Property Type: Single Family
    MLS Number: P1-19672
    Community: Altadena
    The price of this listing was last reduced on 11/12/2024 by 6%
    Status: Active


    Price Improvement! Welcome to this stunning 1929 Spanish-style home on a spacious 9,086 sq. ft. lot in a quiet neighborhood in Altadena. This classic 2,797 sq. ft. home has 4 bedrooms and 3 bathrooms. The oversized living room has a vaulted ceiling, fireplace, hardwood floors and large picture windows. A formal dining room leads to the updated kitchen with island and eating nook. The cozy wood paneled family room with fireplace, has a high ceiling and sliding doors to the outside patio. One bedroom and bathroom are downstairs. As you travel upstairs, you will find ample closets and three bedrooms. The master bedroom faces East and has French doors that lead to two balconies which are perfect for your morning coffee. The other two bedrooms have treetop views and great lighting. The bathrooms upstairs have charming vintage tile. Mature trees in the backyard create a shady retreat with firepit and patio. The two-car garage and covered carport provide ample parking spaces. The front yard is planted with drought resistant plants for easy maintenance. Come and visit this classic home in this lovely neighborhood.

    Listed with Denise Bieker CalDRE: 01914574 | (626) 319-5491, 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/!


  • Sat, 09 Nov 2024 09:42:00 +0000: $1,295,000 :: 1160 Sonoma Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    1 bed, 1 bath
    Home size: 582 sq ft
    Lot Size: 10,559 sq ft
    Added: 11/09/24, Last Updated: 11/09/24
    Property Type: Single Family
    MLS Number: SR24231004
    Community: Altadena
    Status: Active


    Welcome home to this charming 1915 one bedroom cottage in Altadena. The cottage is nestled in the back of a sprawling .28 acre lot, tucked away behind a spacious garage & small studio. Out front you'll find a small orchard of mature orange, mandarin, grapefruit & plum trees; an automatic gate secures the property. This is a rare opportunity to acquire a starter home with beautiful grounds in a tightly held area of Altadena, down the street from the Altadena Country Club. The property is currently tenant occupied. Please do not disturb the tenants.

    Listed with Jeremy Brown CalDRE: 01710029 | 818-971-9331, Brown 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, 07 Nov 2024 16:01:00 +0000: $1,888,000 :: 3617 Fair Oaks Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,809 sq ft
    Lot Size: 9,457 sq ft
    Added: 10/17/24, Last Updated: 11/07/24
    Property Type: Single Family
    MLS Number: DW24216047
    Community: Altadena
    Status: Active


    Nestled at the foot of the majestic San Gabriel Mountains in one of Altadena’s most coveted neighborhoods, this meticulously renovated 3-bed + bonus room/den, 2-bath home offers the quintessential combination of indoor and outdoor California living. Just a stone’s throw from the iconic Zorthian Ranch, this 1,809 sf property seamlessly blends contemporary, understated luxury with the natural beauty of its surroundings.Step inside and you’re greeted by architectural wood accents and an inviting arched alcove that leads to a spacious, light-filled open floor plan. The chef's kitchen, outfitted with natural oak cabinets, muted quartz countertops and Thor appliances, is centered around a large kitchen island with ample room for gathering, prepping and serving.The backyard is a true oasis and an entertainer’s dream, expertly designed for relaxation and hosting, with multiple spaces for dining, lounging and play. Dive into the large pool, rinse off in the outdoor shower adorned with Palm Springs inspired Zia tile, and enjoy stunning sunsets and mountain views from the raised decking and terraced platforms.The spacious primary bedroom features a spa-like ensuite bathroom, large walk-in closet and a lounge with direct views and access to the spectacular backyard and all its amenities. Two more generously sized bedrooms and a versatile bonus room/den offer the utmost flexibility for sleep, work and hobbies. New systems will give you peace of mind for years, including dual-pane windows, updated electrical with a 200-amp panel, new plumbing and a new central HVAC system. Located just minutes from Millard Falls, multiple hiking trails, JPL, and the lively shops and dining of Old Town Pasadena, this home offers the best of urban and suburban living in Altadena.

    Listed with Randy Hui CalDRE: 02184420 | 310-709-8898, Realty One Group United


    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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