Doug Willis at upt2daterealestate (whom we met at the blogger's picnic!) reports that Altadena "is selling fewer homes, at lower prices and its taking them longer to sell."
The median sales price of a single-family home in Altadena in the first quarter of 2008 is $555,000, down from $600,000 at the same time last year. The number of units sold is down almost 40% from this time last year, days on the market has darn near doubled, and prices are down 2.7%.
There are also almost 200 homes in foreclosure (like this one), most of them west of Lake. Check out Doug's site for all the details.
