Understanding the latest real estate market data is crucial for homeowners, buyers, and potential sellers as the year winds down. Robbyn Battles presents the December Market at a Glance, featuring market trends from three dynamic communities: Shadow Hills, Altadena, and Glendale 91208.
This report compares market performance over the past 30 days ending December 19, 2024, with the previous 30 days in November. These comparisons offer valuable insights into pricing trends, market activity, and overall real estate health—essential information whether you plan to sell, buy, or simply monitor your property’s value.
Market Data Breakdown
Shadow Hills
December Stats:
- Active Listings: 9
- Median Listing Price: $1,119,000
- Price per Square Foot: $581
- Median Sold Price: $1,675,000
- Average Market Time: 32 days
- Number of Solds: 1
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
Summary: Shadow Hills saw a decline in active listings and listing prices, yet the median sold price jumped significantly. However, only one sale closed in December, suggesting reduced overall market activity but possible interest in higher-end properties.
Glendale 91208
December Stats:
- Active Listings: 10
- Median Listing Price: $1,699,498
- Price per Square Foot: $789
- Median Sold Price: $1,812,500
- Average Market Time: 49 days
- Number of Solds: 10
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
Summary: Glendale 91208 saw a slight increase in the median listing and sold prices despite a reduction in active listings. However, homes took longer to sell in December, indicating a potential market slowdown.
Altadena
December Stats:
- Active Listings: 24
- Median Listing Price: $1,589,000
- Price per Square Foot: $794
- Median Sold Price: $1,082,500
- Average Market Time: 27 days
- Number of Solds: 16
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
Summary: Altadena experienced a noticeable dip in listing and sold prices, though market activity remained steady with 16 sales. Homes stayed on the market slightly longer compared to November.
Key Takeaways and Market Trends
When comparing all three communities, Shadow Hills experienced the most dramatic price increase in sold properties despite fewer sales. Glendale 91208 maintained stable sales and pricing, though homes took much longer to sell. Altadena showed the most significant decline in median prices while sustaining consistent sales volume. Overall, the market data suggests a mixed performance as the year concludes, with some areas seeing price gains and others adjusting to evolving buyer activity.
Contact Robbyn Battles for Expert Real Estate Guidance
Robbyn Battles has been a trusted name in real estate for over 35 years, specializing in Shadow Hills, Altadena, and Glendale 91208. If you’re considering buying or selling or need personalized market insights, contact Robbyn at 818-388-1631 or visit thehouseagent.com for expert advice tailored to your community’s unique market dynamics.