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There were 20 new single family attached/detached home listings in Altadena the first 2 weeks of the month of May.
The lowest priced home is 2800 Tola, 2bd 1ba, 753 sq. ft. $254,900
The highest priced home is 1155 Dolores, 4bd 6ba, 4264 sq. ft. $2,600,000
8 out of the 20 homes have cummulative days showing previously listed.
3 out of the 20 homes have price reduction.
$254,900 - $399,000 5 homes
$400,000 - $499,000 4 homes
$500,000 - $599,000 3 homes
$600,000 - $699,000 3 homes
$700,000 range 1 home
$800,000 range 1 home
$1.2 mil - $2,600,000 3 homes
*Information is from Itech MLS
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Month of April, 2008, there are total of 21 properties which closed escrow in Altadena, CA.
Lowest priced home was 2034 Madison Ave. $314,900
Highest priced home was 2659 Tanoble Drive. $1,600,000
Average sale price $694,924 (Median price $625,000)
SP % LP (sale price % to list price) 97.11%
Average per sq. ft. $380.56
Average days on Market 74 days, Average Cummulative days on Market 131 days
Looks to me that Altadena is holding it's value.
Information from I-Tech MLS sold status 4/1-4/30/08
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| ....... | April vs YTD | |
| # Units Sold | 21 | 70 |
| Dollar Value | $ 14,593,400 | $ 26,050,000 |
| Average List Price | $ 715,631 | $ 540,083 |
| Average Sold Price | $ 694,294 | $ 521,000 |
| Average Days On Market | 74 | 79 |
| Average Square Feet | 1883 | 1454 |
| Average Price/Sq. Ft. | $369 | $358 |
| % of List Price | 97.02% | 96.47% |
Altadena currently has about 210 residential properties that are listed for sale and in the escrow process. About 99% of those are in the form of single family houses. There are very few condo's or townhome properties in Altadena. Altadena also has close to 200 properties listed in foreclosure, with the majority of those located west of Fair Oaks Avenue.
I'm still here to help my hometown people sell their homes and to help people come to my hometown! It's absolutely beautiful. Lots of trees and you CAN touch the mountains!
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Perfect Weather in Southern California - It was just a pleasant day today.
Not too hot, not too cold. Temperature at about 72 degrees in Pasadena nd Altadena areas. Why do we like the So-Cal so much. It's this weather that brings so many people to Southern California each year.
The San Gabriel Mountains were just awesome. So you thought the endless rows of palm trees were in the Westside, right? We got it here in Altadena too.


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Some people have contacted me about Victor Wright and haven't seen some of his links.
A new article in the Pasadena Journal was published this week. To see it you can go to http://www.pasadenajournal.com/id30.html#story2
You can also go to www.victorwright.com
Victor was in very good spirits today as I sat and talked to him and his brother, Dexter. He and his mother are looking forward to all of the upgrades in their home.
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