“It’s a dance” to price resi in wildfire-ravaged Altadena
A healthy dose of skepticism should be applied when you hear an agent talk about plentiful market opportunities to buy. Yet, even in the mixed bag that is Altadena’s residential landscape, it would seem the buyer window for “getting in” is quite open. Altadena’s median sale price over the past five years peaked in September 2023 to $1.5 million, which was a nearly 20 percent gain over the year-ago period, according to Redfin. Pricing of course dropped immediately after the Eaton fire, with March of last year seeing median sale prices drop 43 percent to $710,000. You could call a […]This article originally appeared on The Real Deal. Click here to read the full story.
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