Tuesday, January 02, 2007

Current Real Estate in and Near The Meadows

The real estate market has been moving through its normal seasonal slowndown. It will be interesting to see if the market picks up as it normally does in mid-January. All indications are good that it will as employment, stock market, and CA economy are in good shape.

Also, Altadena continues to gain double-digit appreciation, year-over-year. The latest numbers were for November 2006. Compared to November 2005, Altadena saw a 14.6% appreciation with the average median home price at $703,000. That's up from $616,000 in January 2006. Amazing progress!

It's my belief that much of this appreciation is being driven by the affordability of West Altadena and that many folks are discovering the beauty of our community.

Here's a current list of available properties available in and near The Meadows. These are not listed by me or my broker. I offer this as information only.

If you or your friends or family are interested in seeing any of these homes, please contact me and I'd be happy to take them on a tour! (Greg Stanton, Dilbeck Realtors. 626-431-2205 or greg.stanton@dilbeck.com)

  • 4455 Risinghill Road. Custom remodeled interior updated for the modern lifestyle. 3 bedrooms, 2 baths, integrated interior/exterior audio system. 1640 sq. ft. (per flyer), 6300 sq. ft. lot (per flyer). Offered at $789,000.
  • 4219 Aralia Road. A three bedroom, 2 bath, 1649 sq. ft. home on a 8250 sq. ft. lot. Offered at $659,000

And a little further down the road:

  • 3369 Canyon Crest Road. Major improvements underway for this 4 bedroom, 3 bath home. 2653 sq. ft. (per assessor) on a 22,220 sq. ft. lot (per assessor). Offered at $975,000.
  • 3181-3197 Lincoln Ave. Being sold for land value only and currently zoned as a triplex. 29,538 sq. ft. lot offered for $700,000.

This information was provided through the Itech Multiple Listing Service.
It has not been independently verified by the agent and does not guarantee the accuracy of square footage,
lot size or boundary lines provided by the seller or obtained from public records or other sources. Buyer is advised to independently
verify the accuracy of this information through personal inspection with appropriate professionals.
If your home is presently listed, this is not a solicitation of that listing.

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