Is Altadena, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Altadena has remained a Seller's Market.
Housing Prices in Altadena, CA
How much do homes in Altadena, CA cost?
Median Sold Price
$1,315,000
$783/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Altadena was $1,315,000 in March 2024, up 1.2% from last year, and the median price per square foot was $783.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $440.5K | $766.5K | +74.0% |
2 Bedrooms | $1.0M | $998.2K | -3.6% |
3 Bedrooms | $1.3M | $1.2M | -2.9% |
4 Bedrooms | $1.6M | $1.5M | -8.4% |
5+ Bedrooms | $2.1M | $2.1M | 0% |
Summary: Altadena housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 74%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pasadena | $1.0M | $1.1M | +8.4% |
Altadena | $1.3M | $1.3M | +1.2% |
La Canada Flintridge | $2.3M | $2.3M | +1.0% |
South Antelope Valley | $535K | $530.8K | -0.8% |
Housing Supply in Altadena, CA
How many homes are available in Altadena, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 69 | +11.3% |
Summary: The Altadena real estate market had 69 homes for sale in March 2024, a 11.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 29 | 34 | +17.2% |
4 Bedrooms | 7 | 12 | +71.4% |
5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The Altadena housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 23 | +64.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Altadena in March 2024, up by 64.3% month-over-month. Of the 23 sold homes, 9% were sold under asking, 4% were sold at asking, and 87% were sold over asking.
Days on Market for Altadena, CA
How long does it take to sell a home in Altadena, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 22 Days | -50.7% |
Summary: Homes in Altadena had an average of 22 days on market in Mar 2024, down by 50.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in Altadena; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.