The September Market at a Glance allows you to stay informed about real estate market trends and is essential for buyers, homeowners, and sellers alike. This report covers three diverse areas: Shadow Hills, Glendale (91208), and Altadena, Market data, such as listing prices, sold prices, and time on the market, provide valuable insights into the health of a local area and can guide decisions on when to buy, sell, or hold onto property. For buyers, understanding current prices and trends can help secure a competitive offer. Sellers can use this data to price their homes accurately and time the sale to maximize profit. Homeowners benefit by keeping tabs on the value of their property, ensuring they stay informed on how market fluctuations might impact their equity and long-term financial goals.
Shadow Hills, CA (9/24/2024)
- Active Listings: 16
- Median Listing Price: $1,444,500
- Price per Sq Ft: $634
- Median Sold Price: $1,292,000
- Average Market Time: 12 days
- Number of Solds: 2
August Comparison (8/25/2024):
- Median Listing Price: $1,587,500
- Price per Sq Ft: $587
- Median Sold Price: $1,110,000
- Average Market Time: 97 days
- Number of Solds: 1
Glendale, CA (91208) (9/24/2024)
- Active Listings: 8
- Median Listing Price: $2,098,500
- Price per Sq Ft: $812
- Median Sold Price: $1,600,000
- Average Market Time: 30 days
- Number of Solds: 9
August Comparison (8/25/2024):
- Median Listing Price: $1,999,500
- Price per Sq Ft: $834
- Median Sold Price: $1,417,500
- Average Market Time: 12 days
- Number of Solds: 10
Altadena, CA (9/24/2024)
- Active Listings: 43
- Median Listing Price: $1,368,000
- Price per Sq Ft: $789
- Median Sold Price: $1,400,000
- Average Market Time: 22 days
- Number of Solds: 21
August Comparison (8/25/2024):
- Median Listing Price: $1,299,999
- Price per Sq Ft: $817
- Median Sold Price: $1,550,000
- Average Market Time: 14 days
- Number of Solds: 23
Market Analysis
Glendale (91208) remains strong with a higher median sold price in September and a reduced inventory, suggesting demand. Altadena also shows resilience, maintaining high sales volume despite a slight drop in median sold price. Shadow Hills saw a significant improvement in pricing but had fewer transactions.
Robbyn Battles, with 35+ years of experience, provides expert guidance in navigating these markets, ensuring that buyers and sellers are well-informed of any significant shifts in market dynamics. Robbyn Battles 818-388-1631.