Echo Park Los Angeles Real Estate – How is the Market Doing?

Originally posted on January 22, 2011

Echo Park Real Estate Market Trend, Echo Park Homes for Sale, Echo Park Housing Market ReportEcho Park Los Angeles is a culturally diverse neighborhood near downtown Los Angeles.

If you are thinking of buying or selling a home in Echo Park you may want to check out the latest housing market statistics.

The Echo Park real estate report below is for single family homes over 2010.  Condos are a small part of the Echo Park real estate market.

Also, the boundaries of Echo Park are rather loosely defined, and the Los Angeles Multiple Listing Service (MLS) combines Echo Park with Silver Lake for its home search purposes.

Echo Park Boundary Map

Echo Park Boundary Map, Echo  Park Real Estate, Echo Park Homes for Sale

So the report below is a rough overview of last year’s Echo Park housing trend.

Echo Park Real Estate Market Trend, Echo Park Homes for Sale, Echo Park Housing Market Report

Echo Park Real Estate is leaning towards a buyers’ market.  The average sales price is up a little, but the sales vs list price is down, and average days on the market are up.  6 months is a balanced market, and although the months supply of inventory is down slightly, at 6.90 months, this is a good time for Echo Park home buyers.

Map of Echo Park Los Angeles

View Echo Park 90026 in a larger map

Buying or Selling Los Angeles Real Estate

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