Market at a Glance: Shadow Hills, Altadena, and Glendale 91208: Real estate is ever-changing, and staying informed is essential whether you’re a homeowner, buyer, or potential seller. This month’s Market at a Glance report examines three diverse neighborhoods: Shadow Hills, Glendale (91208), and Altadena. The report compares data from the past 30 days as of November 21, 2024, with the previous 30-day period in October. This analysis highlights critical trends such as price changes, shifts in market activity, and days on the market, helping you understand how these factors might influence your buying or selling decisions.
Shadow Hills
November Stats:
Active Listings: 11
Median Listing Price: $1,399,000
Price per Square Foot: $682
Median Sold Price: $1,482,500
Average Market Time: 42.5 days
Number of Solds: 4
October Stats:
Active Listings: 15
Median Listing Price: $1,499,000
Price per Square Foot: $531
Median Sold Price: $1,257,000
Average Market Time: 6 days
Number of Solds: 1
Comparison: Shadow Hills saw a drop in active listings and median listing prices while the median sold price increased significantly. Homes took longer to sell in November, but closed sales jumped from one to four, indicating heightened buyer activity despite slower market turnover.
Glendale 91208
November Stats:
Active Listings: 16
Median Listing Price: $1,622,150
Price per Square Foot: $833
Median Sold Price: $1,800,000
Average Market Time: 13 days
Number of Solds: 11
October Stats:
Active Listings: 11
Median Listing Price: $2,175,000
Price per Square Foot: $858
Median Sold Price: $1,670,000
Average Market Time: 18 days
Number of Solds: 8
Comparison: Glendale experienced an increase in active listings and a decrease in median listing prices, reflecting potential adjustments to meet buyer demand. The median sold price rose, while homes sold faster and in greater numbers, showing strong demand in this area.
Altadena
November Stats:
Active Listings: 24
Median Listing Price: $1,849,000
Price per Square Foot: $881
Median Sold Price: $1,500,000
Average Market Time: 21 days
Number of Solds: 21
October Stats:
Active Listings: 32
Median Listing Price: $1,450,000
Price per Square Foot: $824
Median Sold Price: $1,409,000
Average Market Time: 15 days
Number of Solds: 32
Comparison: Altadena saw fewer active listings in November, with a rise in median listing and sold prices. However, closed sales decreased, and homes took slightly longer to sell, suggesting a shift toward a more balanced market.
Overall Market Insights:
Across these three neighborhoods, Shadow Hills had the most significant shift in median sold price, showcasing a robust demand for higher-value properties. Glendale demonstrated the most vigorous buyer activity with faster sales and increased transactions, while Altadena transitioned to higher price points with fewer homes available.
Each neighborhood tells a unique story. Understanding these local trends can help you make confident decisions in this dynamic market, whether you’re looking to buy, sell, or stay informed.
For personalized insights and expert guidance, contact Robbyn Battles at thehouseagent.com. With over 35 years of experience specializing in Shadow Hills, Altadena, Glendale, and surrounding communities, Robbyn is here to provide tailored strategies to help you achieve your real estate goals.