Is Altadena, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$1,325,833
$790/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Altadena was $1,325,833 in April 2024, up 2% from last year, and the median price per square foot was $790.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $440.5K | $766.5K | +74.0% |
2 Bedrooms | $1.0M | $1.0M | -1.3% |
3 Bedrooms | $1.3M | $1.2M | -1.0% |
4 Bedrooms | $1.6M | $1.5M | -7.7% |
5+ Bedrooms | $2.4M | $2.1M | -11.5% |
Summary: Altadena housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 74%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Cities
Pasadena | $1.0M | $1.1M | +12.0% |
La Canada Flintridge | $2.2M | $2.3M | +3.2% |
Altadena | $1.3M | $1.3M | +2.0% |
South Antelope Valley | $526.3K | $530.6K | +0.8% |
Housing Supply in Altadena, CA
How many homes are available in Altadena, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 78 | +6.8% |
Summary: The Altadena real estate market had 78 homes for sale in April 2024, a 6.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 15 | +7.1% |
3 Bedrooms | 34 | 31 | -8.8% |
4 Bedrooms | 13 | 19 | +46.2% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Altadena housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 21 | -12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Altadena in April 2024, down by 12.5% month-over-month. Of the 21 sold homes, 10% were sold under asking, 14% were sold at asking, and 76% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 20 Days | -21.0% |
Summary: Homes in Altadena had an average of 20 days on market in Apr 2024, down by 21% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Altadena; 86% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.