Silver Lake | Echo Park Real Estate Market | 1st Quarter 2012

Let’s compare the Silver Lake and Echo Park real estate market in the 1st Quarter 2012 against the same period last year.  At present it is difficult to accurately split the two markets as the MLS combines them.  However, I hope soon to be able to do that since Echo Park and Silver Lake are two distinctly different communities.

Search Silver Lake and Echo Park Real Estate for Sale

The numbers are taken from the MLS/CLAW and are deemed reliable but not guaranteed.  Also, they reflect single family home sales only.

Number Sold:  69, a 32.69% increase over the same period last year.

Median Price:  $520,000, a 5.7% increase over the same period last year.

With the 70 active listings and and average of 23 homes sold per month, the number of months it will take to sell the existing inventory (absorption rate) will be 3.04.  A stable market is 6 months worth of inventory and anything below that is a sellers’ market.  Silver Lake and Echo Park home sellers should be seriously considering putting their homes on the market.

Buyers are out there, mortgage rates are low, inventory is low.  The perfect storm.

Homes for sale in Silver Lake and Echo Park

See all Silver Lake and Echo Park Homes for Sale.
(all data current as of 4/17/2014)

  1. 3 beds, 1 full bath
    Home size: 768 sq ft
    Lot size: 12,707 sqft
    Year built: 1914
    Days on market: 1
  2. 2 beds, 1 full bath
    Home size: 986 sq ft
    Lot size: 7,777 sqft
    Year built: 1907
    Days on market: 2
  3. 4 beds, 5 full baths
    Home size: 3,628 sq ft
    Lot size: 9,369 sqft
    Year built: 1952
    Days on market: 3
  4. 3 beds, 2 full baths
    Home size: 1,268 sq ft
    Lot size: 5,964 sqft
    Year built: 1938
    Parking spots: 4
    Days on market: 3
  5. 4 beds, 2 full baths
    Home size: 1,360 sq ft
    Lot size: 6,245 sqft
    Year built: 1967
    Parking spots: 2
    Days on market: 3
  6. 3 beds, 1 full, 1 part baths
    Home size: 591 sq ft
    Lot size: 2,929 sqft
    Year built: 1927
    Parking spots: 1
    Days on market: 3
  7. 1 bed, 1 full bath
    Home size: 1,036 sq ft
    Lot size: 4,350 sqft
    Year built: 1923
    Days on market: 7
  8. 2 beds, 1 full bath
    Home size: 1,643 sq ft
    Lot size: 7,563 sqft
    Year built: 1936
    Days on market: 7
  9. 3 beds, 3 full baths
    Home size: 1,900 sq ft
    Lot size: 2,995 sqft
    Year built: 1924
    Parking spots: 4
    Days on market: 8
  10. 2 beds, 2 full baths
    Home size: 552 sq ft
    Lot size: 1,741 sqft
    Year built: 1924
    Days on market: 10
  11. 6 beds, 6 full baths
    Home size: 4,515 sq ft
    Lot size: 29,019 sqft
    Year built: 1937
    Days on market: 10
  12. 3 beds, 2 full, 1 part baths
    Home size: 2,460 sq ft
    Lot size: 8,147 sqft
    Year built: 1905
    Days on market: 10
  13. 3 beds, 2 full baths
    Home size: 1,151 sq ft
    Lot size: 9,131 sqft
    Year built: 1944
    Parking spots: 2
    Days on market: 13
  14. 3 beds, 3 part baths
    Home size: 1,583 sq ft
    Lot size: 5,910 sqft
    Year built: 1922
    Parking spots: 9
    Days on market: 14
  15. 2 beds, 1 full bath
    Home size: 1,142 sq ft
    Lot size: 4,149 sqft
    Year built: 1932
    Parking spots: 4
    Days on market: 16

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

Jane Peters

Jane Peters is a Los Angeles Realtor®, specializing in absentee owners, out-of-town-buyers and those needing that extra personal touch to make the buying and selling of Los Angeles real estate a smooth and, believe it or not, fun process.

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Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).

Date last updated: 4/17/14 7:07 AM PDT

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