Los Angeles Real Estate by Neighborhood 1st Qtr 2014

Los Angeles homes for sale 1st Qtr 2014 mRKET REPORT

Let's check in in the Los Angeles real estate real estate market by neighborhood for the 1st Qtr of 2014 and compare it to the same period in 2013. Which areas favor sellers and which favor buyers? The communities below exclude the cities of Beverly Hills, Santa Monica, West Hollywood, and Culver City, and the communities of Westwood, Brentwood and Century City which are covered separately, as is the Wilshire Corridor The comparison is against the last Quarter of 2013. Los Angeles … [Read more...]

How is the Los Angeles Real Estate Market? 2013 in Review

Los Angeles homes for sale market report

Let's take a look how Los Angeles real estate did in 2013 compared to the previous year. Which areas favor sellers and which favor buyers? The communities below exclude the cities of Beverly Hills, Santa Monica, West Hollywood, and Culver City, and the communities of Westwood, Brentwood and Century City which are covered separately, as is the Wilshire Corridor   Los Angeles Single Family Homes Community Sold +/- 2012 Price Range Median +/- 2012 Active Median Pending Bel … [Read more...]

Buying a Home in L.A. Which Area Can You Afford?

Los Angeles Real Estate Market 1st Qtr 2012

If you are buying a home in Los Angeles, especially if you unfamiliar with the prices in our fair city, you may want to take a look at the chart below to determine where you should be concentrating your efforts. Prices are the median price of homes currently on the market in each area, together with the lowest and highest listed with number of bedrooms and bathrooms. Los Angeles single family homes for sale Community Median Low Bed/Bath High Bed/Bath Bel Air/Holmby … [Read more...]

Los Angeles Real Estate by Neighborhood 3rd Qtr 2013 Snapshot

The Los Angeles real estate real estate market is crazy right now, with little inventory and anything coming on the market going into mulitples and over asking. Let's see what's went on by neighborhood for the 2nd Qtr of 2013 and compare it to the 1st Qtr.  Are there any buyers' markets still left? The communities below exclude the cities of  Beverly Hills, Santa Monica, West Hollywood, and Culver City, and the communities of Westwood, Brentwood and Century City which are covered separately, … [Read more...]

Los Angeles Real Estate Market as we Approach Labor Day

Los Angeles Real Estate Market 1st Qtr 2012

Another summer is coming to an end.  Where does the time go? This is a good time to see how some communities in the Los Angeles real estate market compares to the same time last year.  We will compare July and August 2013 with the same months in 2012. Los Angeles Single Family Homes Community Sold +/-  Median +/- Active Median Pending Bel Air/Holmby Hills* 27 +6 $1,900,000 +25.83% 83 $4,495,000 41 Beverly Center | … [Read more...]

Understanding the Los Angeles Real Estate Market. A Report from the Trenches

Los Angeles real estate. A report from the trenches

If you are presently in the market to buy or sell a home in Los Angeles, I am sure you have been following the news about the crazy real estate market right now. You have been hearing things like "low inventory", "low interest rates", "rising interest rates", "rising prices", etc.  So what is it like in the trenches? Los Angeles home buyers If you are looking to buy a home in Los Angeles right now, then you need to have a strong stomach. Inventory is low enough that when a new property … [Read more...]

Los Angeles Real Estate by Neighborhood: 2nd Qtr 2013 Snapshot

Los Angeles Real Estate Market 1st Qtr 2012

The Los Angeles real estate real estate market is crazy right now, with little inventory and anything coming on the market going into mulitples and over asking. Let's see what's went on by neighborhood for the 2nd Qtr of 2013 and compare it to the 1st Qtr.  Are there any buyers' markets still left? The communities below exclude the cities of  Beverly Hills, Santa Monica, West Hollywood, and Culver City, and the communities of Westwood, Brentwood and Century City which are covered separately, … [Read more...]

Los Angeles Real Estate Weekly Update 6/16/2013

Los Angeles Real Estate by Area

THIS WEEKLY UPDATE WILL NOT BE CONTINUED AS THE RESULTS FROM THE MLS ARE NOT TOTALLY RELIABLE AND THE WEEKLY UPDATE DOES NOT REALLY TELL US MUCH. With homes for sale in Los Angeles being in high demand it will be interesting to check in on a weekly basis.  How many new properties came on the market, how many went under contract and how many sold.  Starting from the end of last week we will start to take a look at the trend and compare it on a weekly basis. This report will provide the … [Read more...]

How is the Housing Inventory Doing in Los Angeles?

Los Angeles real estate inventory. How is it doing?

I am sure by now you must know that real estate in general, but specifically Los Angeles real estate is experiencing a shortage of inventory, and the common complaint heard from both Realtors® and Los Angeles home buyers is "there is nothing to buy".  Or, if something comes on the market "we have to compete with numerous other buyers". So are things improving?  How is the housing market doing and how is the inventory right now? Information provided by MLS/CLAW deemed reliable but not … [Read more...]

Los Angeles Real Estate by Neighborhood: 1st Qtr 2013 Snapshot

Los Angeles Real Estate Market 1st Qtr 2012

Let's check in in the  Los Angeles real estate real estate market by neighborhood for the 1st Qtr of 2013 and compare it to the last Qtr of 2012.  Which areas favor sellers and which favor buyers? The communities below exclude the cities of  Beverly Hills, Santa Monica, West Hollywood, and Culver City, and the communities of Westwood, Brentwood and Century City which are covered separately, as is the Wilshire Corridor The comparison is against the last Quarter of 2012. Los Angeles … [Read more...]

Los Angeles Home Sales Price vs Listing Price

Los Angeles Real Estate Homes for Sale

With this shortage of Los Angeles homes for sale it would be good to check in and see how the sold price compares with the listing price in various Los Angeles communities. Below is a chart showing the number of properties sold over the past three months, together with the median sold price, average days on the market and average sold vs. list price. Let's take a look: Community Sold % Median DOM Bel Air | Holmby Hills* 39 92.88 $1,250,000 93 Beverly … [Read more...]

Looking for a Los Angeles Home for Sale? What’s New This Week

New homes ont the market in Los Angeles

If you are looking for Los Angeles homes for sale you know that inventory is extremely tight. Some of the reasons for the low inventory are: Los Angeles home sellers are seeing a light at the end of the tunnel.  The government programs like HAFA and HAMP are making it easier for those under water to refinance.   Those who can still afford to wait are hopeful that home prices will continue to rise. And banks are also waiting out the market before offloading the remaining shadow … [Read more...]

Los Angeles Homes for Sale. Some Interesting Statistics

Los Angeles homes for sale market statistics

All we are hearing lately is that the number of Los Angeles homes for sale is down.  Is this true?  Is there something else going on?  Let's take a look at the City of Los Angeles itself and see the cold, hard facts.  These statistics are for single family homes and exclude the cities of Santa Monica, West Hollywood, Culver City, and Beverly Hills. You will see the monthly trend in the chart below, compared with January of 2012, last month the number of homes for sale was down 43% while sold … [Read more...]

Looking for a Home in Los Angeles? Check Out New Listings

New homes on the market in Hollywood Hills East

If you have been looking for a home in Los Angeles for a while you are probably becoming extremely frustrated.  There is very little inventory, and that which does come on the market in a good area at market price is met with multiple offers and generally sells over asking price. Stay on top of  new Los Angeles real estate listings.  Check out homes coming on the market in the past couple of days, broken down by … [Read more...]

Highland Park Real Estate One of Top Ten Hot Neighborhoods in U.S.

Highland Parkan up-and-coming Los Angeles neighborhood

Highland Park is a Los Angeles neighborhood to watch.   It is one of the oldest residential areas of L.A. and like any growing neighborhood Highland Park has areas that are more desirable than others, but overall it has great views, due to its hilly nature, and an eclectic mix of architecture.  It is gaining a trendy reputation with galleries, bars, and restaurants opening up in the neighborhood. Named in the top ten list of up-and-coming neighborhoods in the U.S. we should take a look at how … [Read more...]

Los Angeles Real Estate by Neighborhood: 2012 in Review

Los Angeles Real Estate, 2012 in Review

Let's take a look how Los Angeles real estate did in 2012 compared to the previous year.  Which areas favor sellers and which favor buyers? The communities below exclude the cities of  Beverly Hills, Santa Monica, West Hollywood, and Culver City, and the communities of Westwood, Brentwood and Century City which are covered separately, as is the Wilshire Corridor   Los Angeles Single Family Homes Community Sold +/- 211 Price Range Median +/- … [Read more...]

Malibu makes bid to be world’s mega-mansion capital

Malibu, the world's most expensive homes

See on Scoop.it - Around Los Angeles Malibu has always been known for its hidden beaches and un-hidden wealth. The combination has now turned Malibu into one of the nation's capitals of hyper-priced real estate. Malibu had the most $10 million listings in the 12 months ending in November, according to Coldwell Banker. With a huge boom in sales in the fourth quarter, fueled in part by the fiscal cliff, Malibu is in the running to have the highest sales total in the $10-million-plus … [Read more...]

Los Angeles Real Estate | 10 Top Selling Neighborhoods in 2012

Top 10 Los Angeles neighborhoods for condo sales

Whether you are a Los Angeles home buyer or seller, it is always interesting to know which are the best selling neighborhoods in Los Angeles. Best selling neighborhoods are a double-edged sword.  Great for sellers, not so great for buyers in a market with very low inventory.  However, it is always good to be where everyone wants to me.  Sounds like a song from "Friends".  So let's look take a look at the 10 top selling neighborhoods in Los Angeles for 2012. Since some areas are single … [Read more...]

Palms Condo for Sale | 11077 Palms Blvd Los Angeles 90034

Great Palms condo for sale

This Palms condo for sale at 11077 Palms Blvd. is a great buy in a great area at a great price. Palms is a much sought-after area south of Rancho Park and east of Mar Vista.  A mix of single family homes, condos and apartment buildings, Palms is still one of the more affordable areas of Los Angeles to live with a median condo price of around $362,500, and homes with a median around $640,000.  There are good schools in the area, and this particular property has a very good Walk Score of … [Read more...]

Top Ten Los Angeles Neighborhoods for Real Estate Sales

Top Ten Los Angeles neighborhoods for real estate sales 2012

If you are thinking of buying or selling a home in Los Angeles, it may be of interest to you see where the most homes have sold over the past 90 days. Of course the neighborhoods will reflect only those covered on this site except for Studio City. Top ten los Angeles neighborhoods for real estate sales | single family homes 1.  Hollywood Hills West - Sunset Strip - 111 This is a trendy neighborhood, north of Sunset into the hills, roughly bordered by La Colina to the west and La Brea to … [Read more...]