• calendar_month January 25, 2024
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Market update

Nestled against the picturesque backdrop of California's landscape, Altadena in the 91104 zip code is a quaint yet vibrant community that beckons homebuyers and investors alike. In this blog post, we'll delve into the real estate scene of Altadena for January 2024, exploring the key metrics and trends shaping the housing market in this enchanting city.

Active Listings: Altadena boasts a modest yet curated selection of 8 active listings as of January 2024. These listings represent a blend of architectural styles and property types, catering to the discerning tastes of individuals seeking a unique and charming place to call home. The limited number of active listings adds an air of exclusivity to Altadena's real estate offerings.

Median Listing Price: With a median listing price of $1,373,900, Altadena reflects its commitment to offering premium living experiences amidst serene surroundings. The median listing price serves as a testament to the city's allure and the quality of life it promises to residents, making it an attractive destination for those in pursuit of refined living spaces.

Price Per SqFt: At $767 per square foot, Altadena presents a blend of luxury and value in its real estate market. This metric underscores the city's dedication to providing quality residences that offer both comfort and investment potential. The price per square foot reflects the intrinsic value of properties in Altadena, making it a compelling choice for buyers seeking upscale living options.

Homes Sold: In January 2024, Altadena witnessed the sale of 9 homes, indicating a steady level of activity in the real estate market. The city's appeal lies in its tranquil ambiance and close-knit community, making it an attractive destination for individuals and families seeking a retreat from the hustle and bustle of urban life.

Average Time on Market (Days): Altadena's real estate market operates at a relaxed pace, with the average time on the market spanning 43 days. This extended timeframe allows buyers and sellers to carefully consider their options and negotiate favorable terms, reflecting the city's commitment to fostering meaningful transactions that benefit all parties involved.

Median Sold Price: The median sold price for homes in Altadena stood at $1,371,000 in January 2024, highlighting the city's consistency in delivering value and quality to its residents. This figure encapsulates the average transaction value, showcasing Altadena's status as a desirable destination for those seeking timeless elegance and tranquility.

As we conclude our exploration of Altadena's real estate landscape in January 2024, it's evident that the city exudes charm and sophistication, offering a curated selection of homes amidst breathtaking natural beauty. Whether you're drawn to its historic architecture, serene landscapes, or close-knit community, Altadena's 91104 zip code presents an inviting and rewarding environment for those embarking on the real estate journey.

Lucy Zohrabi

Lucy Zohrabi

JohnHart Real Estate

DRE - 02060911
Direct - 818.731.1266, Office - 818.246.1099

Contact Lucy Today!