Altadena Homes for Sale & Real Estate Listings

The Altadena housing market is moderately competitive, with homes receiving an average of 8 offers and typically selling within 45 days. Last month, the median sale price for a home in Altadena reached $1.3 million, reflecting a modest 3.0% increase compared to the previous year. However, the median price per square foot saw a slight dip, decreasing by 0.71% to $774. This mixed trend suggests a steady demand for properties while highlighting subtle shifts in buyer preferences or property sizes. Altadena remains an attractive market, especially for those seeking homes in a sought-after community with competitive activity.

Altadena is a moderately competitive housing market where homes typically sell within 35 days. Many properties receive multiple offers, with the average home selling for about 3% above the list price and going under contract in approximately 35 days. However, "hot" homes—those in high demand—can sell for as much as 8% above the list price and often go pending in just 24 days. Buyers should act quickly in this market, while sellers can benefit from strong competition and favorable pricing.

In November 2024, Altadena, CA, is a strong seller's market, where the demand for homes surpasses the available inventory. This gives sellers a clear advantage, often resulting in multiple offers and favorable terms. For buyers, this means navigating a competitive market where quick decisions and strategic offers are essential to secure a property.