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Altadena Real Estate - A Look at the Numbers

The real estate market in Altadena, CA is red. Houses for sale in Altadena order high prices and never stay long in the market. Why? The two realtors and residents react by saying: Altadena is a very special place to live, work and relax.
Altadena is a charming community located directly north of Pasadena, at the base of the Angeles National Forest, the San Gabriel Mountains. Altadena is an unincorporated and 14 miles northeast of downtown Los Angeles. This warm Mediterranean climate has hot summers and driest than the average of 91 high degrees. Winters are basically warm and sunny with the lowest average temperature of 44 degrees. Average Altadena 21 inches of rain per year.
According to the United States 2010 Census - Altadena had a population of 42,777 people. With 8.71 square miles had to share 4,909.6 people per square mile. This is on average for the county of Los Angeles. The population was more diversified compared to other regions of the county with an ethnic dominance that was 52.8% white, followed by 26.9% Hispanic, 23.7% Black, 5.4% Asia And 0.7% American Indians.
Altadena population is well educated compared to the rest of the county with 45.6% of residents aged 25 and over with a four-year degree and 87.9% a high school diploma. For the male population: 57.8% were married, 32.9% had never been married, 7.1% were divorced and 2.1% were widowed. The female population was 53.9% who married, 24.4% had never been married, 12.4% were divorced and 9.4% were widowed. The average age of Altadena was 37, which is an average age over the rest of Los Angeles County. 9.8% of the population were veterans of the population and were born 20.8% of residents in a foreign country. The average journey time was 27.5 minutes. Altadena has an average rating of 48 out of 100, which means it is a city dependent on the car.
The average household size is 2.8 people, which is 9% higher than the national average. Approximately 74.6% of residents owned their homes. This was 10% higher than the national average. 25.4% of the population rented a house, apartment or condo. The 2010 census reported that there were 15,518 households with an average household income of $ 83,917. This figure is high compared to Los Angeles County.
Altadena real estate is not cheap, however. The average price of houses for sale in Altadena is $ 780000. This is 226% higher than the national average. However, the value of the house is on average $ 731400. The price per square foot is 485. $ The "temperature" housing market is neutral. Last year, the value of housing increased by 8.1% and Zillow expects that it will increase by only 1.9% next year. The average monthly rent is $ 2,921. This is 53% higher than the national average. The current health of the housing market is 6.9 / 10. This is the score given by Zillow in good health compared to other real estate markets across the country.
According to Vibes Area, Altadena has a score of 77 habitability - very habitable. This rate is above the national average of 70 This comfortable and safe community will continue to thrive and grow and produce beautiful homes for its wealthy residents. If you are looking to buy or sell real estate in Altadena, be sure to perform your due diligence and find a real estate agent who specializes in experienced in the area.

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