If you are buying Los Angeles real estate or selling, mortgage interest rates are low, home prices are probably at or near bottom, and in many areas are rising. If you are selling Los Angeles real estate, the same applies. Let’s see how this week compares with Los Angeles real estate sales week ending June 17th.
The +/- indicates the difference over the previous week.
New listings may also reflect properties that dropped out of escrow and came back on the market.
All figures are for units that came on the market, went pending (into escrow) or sold over the past week.
Los Angeles Single Family Homes
|Bel Air/Holmby Hills||4||-6||$6,072,500||3||+1||3||+2||$1,900,000||$11,125,000||$15,075,000|
|Beverly Center | MM||5||-2||$849,000||5||-3||6||+4||$530,000||$1,226,000||$802,475|
|Beverly Hills P.O.||6||-4||$1,900,000||4||-6||2||=||$2,037,500||$2,250,000||$1,825,000|
|Cheviot Hills/Rancho Pk||3||+1||$1,225,000||1||-1||1||-2||$1,485,000||N/A||N/A|
|Hollywood Hills E.||7||+4||$1,049,800||1||-4||3||+1||$1,225,000||$606,000||$2,560,000|
|Hollywood Hills W/Sunset||23||+7||$1,397,500||14||+3||7||+4||$1,470,000||$435,000||$9,800,000|
|Los Feliz/Atwater Village*||3||-4||$895,000||4||-2||4||+3||$620,950||$516,500||$985,000|
|Marina Del Rey||3||+3||$1,445,000||4||+3||0||=||N/A||N/A||N/A|
|Playa Del Rey||0||-1||N/A||0||-2||0||=||N/A||N/A||N/A|
|Silver Lake | Echo Park||7||-8||$575,000||7||-4||5||-10||$709,000||$532,500||$874,150|
|West Los Angeles||3||+2||$249,000||5||=||4||+4||$533,500||$450,000||$660,000|
In terms of sales, the hottest areas are: Malibu and Hollywood Hills West.
For upcoming sales: Hollywood Hills West, Pacific Palisades and Westchester.
New inventory: Hollywood Hills West, Pacific Palisades, Culver City and Westchester.Echo Park
Los Angeles Condos
|Bel Air/Holmby Hills||0||=||N/A||0||=||0||=||N/A||N/A||N/A|
|Beverly Center | MM||0||-4||N/A||5||+4||2||+2||$430,000||$415,000||$445,000|
|Beverly Hills P.O.||0||=||N/A||0||=||0||=||N/A||N/A||N/A|
|Cheviot Hills/Rancho Pk||0||=||N/A||0||=||0||=||0||N/A||N/A|
|Hollywood Hills E.||2||=||$349,000||2||+2||1||-1||$533,200||N/A||N/A|
|Hollywood Hills W/Sunset||3||+1||$975,000||0||-1||0||-2||N/A||N/A||N/A|
|Los Feliz/Atwater Village*||0||=||N/A||0||=||0||=||N/A||N/A||N/A|
|Marina Del Rey||8||=||$875,000||9||-1||4||-2||$519,425||$472,000||$1,210,000|
|Playa Del Rey||2||-1||$389,750||2||=||0||-1||N/A||N/A||N/A|
|Silver Lake | Echo Park||0||=||N/A||0||-3||1||-1||$385,000||N/A||N/A|
|West Los Angeles||3||-1||$539,000||6||+3||1||-1||$415,000||N/A||N/A|
The numbers are taken from the MLS/CLAW and are deemed reliable but not guaranteed
The Los Angeles condo market is much slower than the single family market. Not surprisingly, given the concentration of condos in those areas:
Top sales: Hollywood, Marina Del Rey, Playa Vista and Santa Monica
Pending: Hollywood, Beverly Center|Miracle Mile, Brentwood, Marina Del Rey, Santa Monica and Westwood|Century City
New inventory: Beverly Hills, Marina Del Rey, Santa Monica and Westwood|Century City
Los Angeles homes for sale
Buying or Selling Los Angeles Real Estate
Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!
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Westside Los Angeles Real Estate, including, but not limited to:
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