Is Altadena, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$1,357,125
$800/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Altadena was $1,357,125 in June 2024, up 6.6% from last year, and the median price per square foot was $800.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $766.5K | +119.0% |
2 Bedrooms | $992.5K | $1.0M | +3.7% |
3 Bedrooms | $1.2M | $1.3M | +3.9% |
4 Bedrooms | $1.6M | $1.5M | -5.7% |
5+ Bedrooms | $2.1M | $2.1M | +1.4% |
Summary: Altadena housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 119%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Cities
Pasadena | $1.0M | $1.2M | +12.0% |
Altadena | $1.2M | $1.3M | +6.6% |
La Canada Flintridge | $2.2M | $2.3M | +6.2% |
South Antelope Valley | $526.6K | $535K | +1.6% |
Housing Supply in Altadena, CA
How many homes are available in Altadena, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
96 | 86 | -10.4% |
Summary: The Altadena real estate market had 86 homes for sale in June 2024, a 10.4% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 10 | -33.3% |
3 Bedrooms | 42 | 41 | -2.4% |
4 Bedrooms | 22 | 24 | +9.1% |
5+ Bedrooms | 17 | 11 | -35.3% |
Summary: The Altadena housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 35.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
26 | 26 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Altadena in June 2024, the same as the previous month. Of the 26 sold homes, 23% were sold under asking, 4% were sold at asking, and 73% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
23 Days | 28 Days | +24.1% |
Summary: Homes in Altadena had an average of 28 days on market in Jun 2024, up by 24.1% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 26 homes were sold in Altadena; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.