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Altadena, CA Housing Market Trends
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.
Have questions about the Altadena housing market or ready to take the next step in finding your ideal property? We’re here to help! With expert knowledge of the area and a dedication to matching you with the perfect home, our team is ready to guide you through every step of the process. Don’t wait—reach out today and let’s make your Altadena homeownership dreams a reality!
Curious about what makes Altadena a sought-after place to live? Dive into our comprehensive neighborhood guide to explore everything this vibrant community has to offer. From stunning homes and top-rated schools to local amenities and unique charm, our guide provides all the details you need. Start exploring now and see why Altadena could be the perfect place for your next home!
When you choose The Sabatella Delair Group, you are choosing a team of experienced, dedicated, and passionate real estate professionals who are committed to your success. Contact them today to learn more about how they can help you achieve your real estate goals.
