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

  1. 3 beds, 3 full baths
    Home size: 2,064 sq ft
    Lot size: 4,054 sqft
    Year built: 1916
    Days on market: 1
  2. 4 beds, 3 full baths
    Home size: 1,759 sq ft
    Lot size: 6,248 sqft
    Year built: 1912
    Days on market: 2
  3. 4 beds, 3 full baths
    Home size: 2,897 sq ft
    Lot size: 6,386 sqft
    Year built: 1983
    Days on market: 2
  4. 4 beds, 2 full baths
    Home size: 1,800 sq ft
    Lot size: 6,491 sqft
    Year built: 1912
    Parking spots: 8
    Days on market: 3
  5. 5 beds, 2 full baths
    Home size: 1,778 sq ft
    Lot size: 4,795 sqft
    Year built: 1914
    Days on market: 6
  6. 2 beds, 2 full baths
    Home size: 1,066 sq ft
    Lot size: 4,798 sqft
    Year built: 1922
    Days on market: 6
  7. 3 beds, 1 full, 2 part baths
    Home size: 1,621 sq ft
    Lot size: 1,717 sqft
    Year built: 2012
    Days on market: 8
  8. 6 beds, 5 full baths
    Home size: 2,814 sq ft
    Lot size: 4,989 sqft
    Year built: 1962
    Parking spots: 6
    Days on market: 10
  9. 2 beds, 2 full, 1 part baths
    Home size: 1,219 sq ft
    Lot size: 800 sqft
    Parking spots: 4
    Days on market: 13
  10. 4 beds, 3 full baths
    Home size: 2,885 sq ft
    Lot size: 6,040 sqft
    Year built: 1927
    Days on market: 17
  11. 2 beds, 1 full, 1 part baths
    Home size: 1,408 sq ft
    Lot size: 6,735 sqft
    Year built: 1922
    Days on market: 18
  12. 3 beds, 3 full baths
    Lot size: 7,492 sqft
    Year built: 1908
    Days on market: 18
  13. 3 beds, 2 full, 1 part baths
    Home size: 1,407 sq ft
    Lot size: 600 sqft
    Parking spots: 4
    Days on market: 19
  14. 3 beds, 1 full, 1 part baths
    Home size: 1,260 sq ft
    Lot size: 4,809 sqft
    Year built: 1926
    Days on market: 25
  15. 3 beds, 2 full, 1 part baths
    Home size: 2,170 sq ft
    Lot size: 7,957 sqft
    Year built: 2015
    Days on market: 27

See all Silver Lake and Echo Park Homes for Sale.
(all data current as of 5/24/2015)

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

Buying or Selling Los Angeles Real Estate

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