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Altadena, CA Real Estate News

By Linda S. Lane
(Dilbeck Real Estate Real Living)
Date 11/08 12/08 1/09 2/09 3/09 4/09 5/09 6/09 7/09 8/09 9/09 10/09 11/09 12/09 1/10 For Sale 179 163 140 134 123 90 91 95 89 84 73 65 63 68 63 New Listing 28 38 35 43 41 44 42 52 55 40 43 37 35 28 31 Sold 17 25 29 20 20 31 28 31 34 33 33 28 30 44 13 Pended 20 27 37 20 26 37 30 35 40 39 29 37 36 25 23 Months of Inventory based on Closed Sales 10.5 6.5 4.8 6.7 6.2 2.9 3.3 3.1 2.6 2.5 2.2 2.3 2.1 1.5 4.8 Months of Inventory based on Pended Sales 9.0 6.0 3.8 6.7 4.7 2.4 3.0 2.7 2.2 2.2 2.5 1.8 1.8 2.7 2.7 Absorption Rate based on Closed Sales 9.5 15.3 20.7 14.9 16.3 34.4 30.8 32.6 38.2 39.3 45.2 43.1 47.6 64.7 20.6 Absorption Rate based on Pended Sales 11.2 16.6 26.4 14.9 21.1 41.1 33.0 36.8 44.9 46.4 39.7 56.9 57.1 36.8 36.5 Avg. Active Price 656 621 621 644 637 749 808 772 844 813 836 7...
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By Michelle Minch, Home Staging Los Angeles and Orange County, CA
(Moving Mountains Design Home Staging, Pasadena, CA)
We staged this beautiful occupied Altadena home on Tuesday of last week. When I met with the Realtor and homeowner on Thursday afternoon, I was told that they already had an offer coming in after the first open house! The homeowner was using the livingroom as the master bedroom. I won't show before photos of that room because it was heaped with everything they were pre-packing. Here's an after photo of the livingroom after staging: Here's a pretty detail shot: To see more photos and a couple of slide shows of this beautiful Altadena home read Altadena Home Staging An Occupied Home MLS# 22134856 For more information, contact the listing agent Bettina Rosenfeld, Coldwell Banker Real Estate, (626)827-6114.  
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
There are over a hundred and sixty homes and condos in preforeclosure in Altadena, many of them are going to ended up in Foreclosure. It seems that the real estate market is going to be down for a whire.                                                  Altadena Preforeclosures     http://www.stoppayingrentinla.com  Find Bank Owned Homes, Foreclosures, Probate and Short Sales on this website
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
New Listings: 38Average Listing Price: $ 643,634 Listings Under Contract: 20Average Listing Price: $ 634,541 Listings Sold: 25Average Selling Price: $ 540,983 % Difence Between Listing Price versus Selling Price: 97.52 %% Sales Price Versus Old Listing Price: 93.22 %Average Days on The Market: 75   http://www.stoppayingrentinla.com  Altadena Real Estate, Altadena Probates, Altadena Foreclosures,  Loans, Statistics, Mortgage Loans
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
New Listings: 36Average Listing Price: $ 583,606Listings Under Contract: 23Average Listing Price: $ 548,765 Listings Sold: 28Average Selling Price: $ 551,853 % Difence Between Listing Price versus Selling Price: 100.18 %% Sales Price Versus Old Listing Price: 98.25 %Average Days on The Market: 52   http://www.stoppayingrentinla.com  Altadena Real Estate, Altadena Probates, Altadena Foreclosures,  Loans, Statistics, Mortgage Loans
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
New Listings: 41Average Listing Price: $ 600,529Listings Under Contract: 15Average Listing Price: $ 440,746 Listings Sold: 32Average Selling Price: $ 572,409 % Difence Between Listing Price versus Selling Price: 99.59 %% Sales Price Versus Old Listing Price: 94.51 %Average Days on The Market: 58   http://www.stoppayingrentinla.com  Altadena Real Estate, Altadena Probates, Altadena Foreclosures,  Loans, Statistics, Mortgage Loans
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
New Listings: 40Average Listing Price: $ 580,978Listings Under Contract: 19Average Listing Price: $ 481,028 Listings Sold: 33Average Selling Price: $ 533,327 % Difence Between Listing Price versus Selling Price: 99.01 %% Sales Price Versus Old Listing Price: 92.99 %Average Days on The Market: 110   http://www.stoppayingrentinla.com  Altadena Real Estate, Altadena Probates, Altadena Foreclosures,  Loans, Statistics, Mortgage Loans
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
New Listings: 58Average Listing Price: $ 637,195Listings Under Contract: 14Average Listing Price: $ 397,357 Listings Sold: 35Average Selling Price: $ 525,832 % Difence Between Listing Price versus Selling Price: 98.05 %% Sales Price Versus Old Listing Price: 94.15 %Average Days on The Market: 94   http://www.stoppayingrentinla.com  Altadena Real Estate, Altadena Probates, Altadena Foreclosures,  Loans, Statistics, Mortgage Loans
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By Paul Argueta
(REOheaven.com)
961 Shelly St Altadena CA 91001 coming soon!! http://tinyurl.com/yzvzogc
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By Ellie Viray, Realtor, GRI
(Deasy Penner Podley)
Checking the MLS today, Altadena market showed: 70 Active Listings 18 Pendings as of 9/1/2009 35 Closed Sale as of 9/1/2009 Lowest Price Active $249,900  (597 Crosby Street) Highest Price Active $3,500,000  (2212 Crescent Drive) Lowest Price Sold $205,000  (335 Crosby Street) Highest Price Sold $1,500,000 (1533 E. Altadena Drive)
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Pasadena, Altadena and San Gabriel Mountain foothill Homebuyers may have trouble getting their loans due to the Station Fire in the Angeles Forest  The station fire is about 50% contained as of today. The fire has destroyed nearly 155,000 acres, including 76 homes, 2 commercial structures and 86 out buildings. The station fire ranks at the largest ever in Los Angeles Count y and full containment is not expected until Sept 15.  Here's a photo of the smoke that I snapped while shopping in Pasadena If you are in escrow to purchase property in Altadena, Glendale, Pasadena, La Crescenta, La Canada or surrounding neighborhoods, please make sure you contact your insurance carrier to confirm that they are currently providing coverage.  One of my clients is in escrow on an Altadena duplex (she u...
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By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Los Angeles is on fire!  No, not all of the Los Angeles but from the amount of soot and smoke in the air is certainly feels that way.  I am particularly affected by the quickly spreading Station Fire that started just north of La Canada on Angelus Crest Highway. 3:30 pm Wed., Aug 26. I can see the flames in the foothills from my Pasadena backyard and this morning the smoke was so thick I could barely make out the shape of the hills themselves.  On August 28, Gov. Arnold Schwarzenegger proclaimed a state of emergency in Los Angeles County, and firefighters continued to battle this out-of-control brush fire which has already burned 42,500 acres as I write this post. Local firefighters don't expect to have the fire contained until September 8. More than 1000 people have been evacuated from...
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By Ellie Viray, Realtor, GRI
(Deasy Penner Podley)
Here are NEW LISTINGS in Altadena (as of 7.27.09).  There are some pretty stunning looking homes in the $1,000,000 range. Address Listing # Price Days on Market BD, BA Sq. Ft. 548 Royce St. I09080238 $155,000 4 3bd, 2ba 1413 335 Crosby St. 09385405 $235,000 7 3bd, 1ba 1120 102 Laurel Dr. I09090901 $375,000 1 3bd, 2ba 1742 289 W Terrace St. I09080124 $415,000 9 3bd, 1ba 1458 3340 Crestford R904607 $659,000(v) 5 4bd, 4ba 2490 2189 N Altadena 22127738 $845,000 2 3bd, 3ba 1918 19223 E Loma Alta 22127534 $1,125,000 7 3bd, 3ba 2580 2069 Midlothian T09080155 $1,595,000 4 4bd, 3ba 3096 1751 Homewood 22127587 $1,890,000 n/a 6bd, 6ba 6923 1987 Midwick 22127581 $1,899,000 6 3bd, 3ba 3502 1720 Braeburn Rd 22127574 $1,995,000 6 4bd, 5ba 3528  *Information from Itech MLS, can change w/o notice.  
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By Ellie Viray, Realtor, GRI
(Deasy Penner Podley)
So here I am, searching active listings in City Of Altadena and WOW.  Do you remember years back when you could not find a home to sell your clients? Or, a new listing comes up on the market and there are 20 buyers and agents outside the house during caravan? Today, I look on the multiple and find 77 listings of single family homes available in Altadena.  I wished I had 77 qualified buyers... FYI, what are the prices out there... 14 homes are under $400,000 16 homes are over one million 3 homes are over two million New listings to check out: 3033 Glen Ave. 3 bed, 2 bath $379,900 1892 E. Altadena Dr. 3 bed, 1 bath $595,000 1016 Alta Pine, 3 bed, 2 bath $689,000 Majority of homes are priced over 1/2 million ($500,000). Though we hear that prices have gone down, to find a decent home in Al...
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By Michelle Minch, Home Staging Los Angeles and Orange County, CA
(Moving Mountains Design Home Staging, Pasadena, CA)
A few weeks ago we staged this lovely Altadena Spanish Revival home. Altadena is an unincorporated city located in Los Angeles County. The home had been on the market for more than 2 months with no offers before staging. I'm happy to report that this Altadena home is now in escrow less that 3 weeks after staging (there was an earlier offer that fell out), with multiple offers! As you can see, the home had some furniture in it before it was staged. The owner had attempted to stage it themselves with whatever furniture they had on hand. While it was a good effort, the furniture they used and the way it was placed did not help sell the concept this was a home, not just a house. Proper furniture and accessories, along with proper placement made this Altadena Los Angeles home feel warm and w...
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By Michelle Minch, Home Staging Los Angeles and Orange County, CA
(Moving Mountains Design Home Staging, Pasadena, CA)
Add one Los Angeles home stager plus a fantastic 1928 Altadena Spanish Colonial Revival in (with an entry courtyard), the homeowners furniture, plus a few rented pieces of furniture, a Persian rug and some staging accessories et voila! An interesting note about this lovely cottage: It was built and designed by Anna P Latham, one of the first women to be licensed as a building contractor in California. In 1928!                                 Here are some before and after pictures after staging. We brought in a new sofa, chair, rug, some artwork and accessories. We moved the existing furniture around to use it to best advantage. This was an inexpensive yet effective staging.            Kitchen before staging             Kitchen after staging         Living Room before staging           ...
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Real Estate Market Report West San Gabriel Valley      March, 2009 Pasadena, Altadena, South Pasadena, and San Marino    Market Index A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer's market.   The Market Index increased from 0.20 to 0.29, mirroring the shift in December. Last year the index was 0.17. New Listings - 204 new listings, even with last month's 199.  Last year there were 319.   Pending Listings - 116 listings opened escrow, compared to 88 last month, versus 67 last year. Pending Ratio - 0.55, up from 0.43 last month, up from last year's 0.21 pending ratio. Listing Inventory - 783 listings on the market, down slightly from 797 last month.  Last year we had 989. Sold Listings -111 properties sold, up from ...
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By Ellie Viray, Realtor, GRI
(Deasy Penner Podley)
Market is HOT, HOT, HOT.  Who says it's a down market?  Eleven homes sold at/or above list price. Altadena Homes Sold (closed escrow) the Month of March Address Bed, Bath SQ FT List Price Sold Price SP % LP 1028 Morada 2, 1 600 $160,000 $130,000 81.25 2100 El Sereno 2, 1 1145 $209,900 $210,000 100.05 66 W Mendocino 2, 1 1016 $250,900 $240,000 95.66 160 W Palm 2, 1 993 $264,900 $286,300 108.08 853 Figueroa 3, 2 1462 $274,900 $291,700 106.11 427 W Poppyfields 2, 1 858 $299,999 $305,000 101.67 2618 Glen 2, 1 1011 $325,000 $310,000 98.41 631 Mendocino 3, 2 1268 $299,900 $316,500 105.54 503 Crosby 3, 1 1240 $349,000 $349,000 100.00 3321 Raymond 3, 1 1482 $369,925 $350,000 94.61 686 Royce 3, 2 1196 $352,500 $350,000 99.29 150 W Mariposa 3, 1 1420 $399,000 $370,000 92.73 2747 Visscher 2, 1 127...
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By Ellie Viray, Realtor, GRI
(Deasy Penner Podley)
Homes Are Selling In Altadena.  Nine homes sold for asking or over list price. Check the price and %. Address Bed, Bath SQ FT List Price Sold Price SP % LP 605 Alberta 2, 2 1512 $279,900 $270,000 96.46 2620 Glenrose 2, 2 937 $315,000 $315,000 100.00 2785 Fair Oaks 3, 1 1208 $319,777 $325,000 101.63 374 Mountain View 5, 5 2067 $364,900 $360,000 98.66 2574 Lincoln 5, 3 n/a $374,900 $375,000 100.03 278 Altadena 3, 2 1176 $375,000 $375,000 100.00 2612 Casitas 3, 1 1124 $429,000 $429,999 100.00 559 E Mount Curve 4, 2 1141 $435,000 $435,000 100.00 1747 Roosevelt 2, 1 1287 $438,500 $450,000 102.62 3251 Olive 3, 2 1420 $499,000 $475,000 95.19 2430 Mar Vista 3, 2 1079 $499,000 $499,000 100.00 327 W Mariposa 3, 1 1192 $525,000 $510,000 97.14 3128 N Mt. Curve 2, 1 1222 $565,000 $520,000 92.04 3000...
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By Ellie Viray, Realtor, GRI
(Deasy Penner Podley)
Here are Homes that closed escrow in Janaury 2009 priced $600,000 and UP in Altadena. Address Bed, Bath SQ FT List Price Sold Price SP % LP 3061 Via Maderas 3, 2 1858 $659,000 $630,000 95.60 912 E Palm 3, 2 2010 $685,000 $658,200 96.09 2074 Sinaloa 3, 3 1943 $759,000 $695,000 91.57 2122 Grand Oaks 3, 2 1993 $815,000 $795,000 97.55 1600 Woodglen 3, 3 1941 $929,900 $925,000 99.57 1605 Woodglen 3, 3 2325 $1,085,000 $1,050,000 96.77 712 Millard Cnyn 5, 4 3881 $1,999,000 $1,125,000 93.83 2795 Holliston 3, 5 3915 $2,400,000 $2,200,000 91.67 *courtesy ITECH MLS, not verfied, subject to change.
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