Altadena Homes for Sale & Real Estate Listings

In June 2025, Altadena’s housing market saw a significant price adjustment, with home prices dropping 30.5% year-over-year to a median of $1.0 million. Homes are spending slightly longer on the market, averaging 31 days compared to 27 days last year, and overall sales volume has declined, with 24 homes sold this June versus 32 the previous year. This cooling trend suggests a shift toward more cautious buyer behavior, potentially due to economic factors or changing affordability dynamics. However, the relatively quick sales pace indicates that demand for well-priced homes in Altadena’s desirable neighborhoods remains steady despite the notable price correction.

Altadena remains a very competitive housing market, with homes selling in an average of 31 days and often receiving multiple offers, some with waived contingencies to expedite transactions. On average, properties sell for about 2% above the list price and go pending within roughly a month, reflecting strong buyer interest. Highly desirable homes—particularly those in prime locations or recently updated—can sell for as much as 7% above asking price and go pending in as little as 15 days. This competitive environment underscores Altadena’s appeal, driven by its scenic mountain views, charming residential character, and proximity to Pasadena and Los Angeles, making buyers willing to move quickly and pay a premium for the right property.

Altadena, CA is firmly a seller’s market in June 2025, with buyer demand outpacing the available housing supply. This competitive environment favors sellers, as limited inventory often leads to multiple offers, bidding wars, and homes selling above the asking price, particularly for well-maintained or updated properties. Buyers face strong competition and may need to act quickly, submit aggressive offers, or waive contingencies to secure a home. For sellers, these conditions present an opportunity to maximize profits and negotiate favorable terms, reflecting Altadena’s continued desirability for its scenic surroundings, charming neighborhoods, and convenient access to nearby urban centers.