Altadena Real Estate

Altadena Sales Data: October ’08

The Pasadena Foothills Association of Realtors just released the October 2008 sales data:


For some reason, the number of homes that are newly “in escrow” is missing from the reports. Regardless, the trends we saw in September carried over into October: year-over-year sales are up, but prices are dramatically down. The average price of Altadena homes sold this October was a little over $512,000, while the average price of those sold in October 2007 was slightly over $675,000.

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