- calendar_month January 24, 2024
Introduction: Nestled at the foothills of the San Gabriel Mountains, Altadena, California, with its ZIP code 91001, presents a unique blend of scenic beauty and residential charm. In this blog post, we'll take a closer look at the real estate market in Altadena, exploring key statistics and trends for the month of January 2024.
Active Listings: As of January 2024, Altadena features 15 active listings, providing potential homebuyers with a diverse array of housing options. The relatively moderate number of active listings suggests a balanced real estate market, allowing for a range of choices for those looking to call Altadena home.
Median Listing Price: Altadena's median listing price stands at $1,195,000, making it an attractive destination for those seeking a more affordable yet desirable living experience in the Los Angeles area. This figure reflects the community's commitment to providing quality homes at a competitive price point.
Price Per SqFt: The price per square foot in Altadena is $772, highlighting the affordability and value associated with properties in this ZIP code. This metric emphasizes the community's focus on providing spacious and comfortable living spaces without compromising on quality.
Homes Sold: In January 2024, Altadena has witnessed the sale of 20 homes, showcasing a vibrant and active real estate market. The higher number of homes sold suggests a strong demand for properties in the area, making it a dynamic and sought-after community.
Average Time on Market: The average time on the market for homes in Altadena is 27 days, indicating a market that allows for a thoughtful and considered approach to buying and selling. This slightly extended timeframe suggests a balance between buyer deliberation and a steady flow of property transactions.
Median Sold Price: For those who have successfully sold their homes in Altadena, the median sold price stands at $1,337,500. This figure reflects the market's ability to deliver favorable returns for sellers, further enhancing Altadena's appeal as an attractive real estate destination.
Conclusion: Altadena, with its scenic surroundings and attractive real estate market, emerges as a compelling choice for those looking to invest in a home in the Los Angeles area. The combination of affordability, variety in housing options, and a dynamic market makes Altadena 91001 a noteworthy destination for both potential homebuyers and sellers. Whether you're captivated by the mountain views or the community spirit, Altadena stands out as a welcoming and vibrant residential haven in Southern California.
