Monterey Hills CA 2010 Market Recap - Austin Terrace

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Industry Observer CalBRE #01165532
https://activerain.com/droplet/4cg

Monterey Hills CA 2010 Market Recap - Austin Terrace

Austin Terrace is a 45 unit condominium complex in the Monterey Hills area within the city of Los Angeles.  The convenient Monterey Hills location offers a great lifestyle with easy access to transportation with many shopping, dining and entertainment options available in Pasadena, South Pasadena, Alhambra and Highland Park.  Austin Terrace is located adjacent to Budd Weiner Park and its pool and spa area offer wonderful hillside and city views.  The complex was constructed in 1982.

Monterey Hills CA 2010 Market Recap - Austin Terrace

There were two sales in Austin Terrace in 2010 according to multiple listing sources.  A one bedroom, one bath unit with 799 square feet that closed escrow in December for $225,000(original list price $244,000 and then reduced to $234,000).  In June, a third floor two bedroom, two bath unit with 1044 square feet sold for $320,000(list price $329,000).

Monterey Hills CA 2010 Market Recap - Austin Terrace

Averages for Austin Terrace according to local multiple listing sources:

  • Average Sales Price:   $272,500
  • Average Sales Price vs Average Last List Price:  96.8%
  • Average Sales Price Per Square Foot:  $294.06
  • Average Size Per Unit Sold:  922 square feet

Monterey Hills CA 2010 Market Recap - Austin Terrace

If you have any questions regarding Austin Terrace or any community within Monterey Hills, please feel free to contact me 818.516.4393 or michaeljacobs@coldwellbanker.com.

Posted by

Michael Jacobs

 

CalBRE # 01165532

2065 Huntington Drive

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

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Rainmaker
925,799
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Good morning, Michael, you are the realtor who knows Pasadena and the San Gabriel Valley.

Feb 10, 2013 09:38 PM #1
Rainmaker
925,799
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Good morning, Michael, you are the realtor who knows Pasadena and the San Gabriel Valley.

Feb 10, 2013 09:43 PM #2
Rainmaker
3,338,069
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Thanks X 2, Ron

Feb 11, 2013 12:11 AM #3
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Rainmaker
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Michael Jacobs

Los Angeles Pasadena 818.516.4393
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