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 3/27/2015)

  1. 3 beds, 2 full baths
    Home size: 1,680 sq ft
    Lot size: 3,150 sqft
    Year built: 1930
    Days on market: 1
  2. 3 beds, 3 full baths
    Home size: 1,800 sq ft
    Lot size: 5,000 sqft
    Year built: 1921
    Days on market: 1
  3. 3 beds, 3 full baths
    Home size: 1,518 sq ft
    Lot size: 4,969 sqft
    Year built: 1923
    Parking spots: 2
    Days on market: 2
  4. 1 bed, 1 full bath
    Home size: 520 sq ft
    Lot size: 2,531 sqft
    Year built: 1924
    Days on market: 5
  5. 3 beds, 1 full, 2 part baths
    Home size: 1,621 sq ft
    Lot size: 1,733 sqft
    Year built: 2012
    Parking spots: 2
    Days on market: 6
  6. 4 beds, 2 full baths
    Home size: 1,922 sq ft
    Lot size: 6,000 sqft
    Year built: 1912
    Days on market: 9
  7. 2 beds, 2 full baths
    Home size: 1,695 sq ft
    Lot size: 7,983 sqft
    Year built: 1937
    Parking spots: 1
    Days on market: 9
  8. 2 beds, 1 full, 2 part baths
    Home size: 1,352 sq ft
    Lot size: 3,070 sqft
    Year built: 1955
    Days on market: 9
  9. 3 beds, 2 full baths
    Home size: 1,043 sq ft
    Lot size: 4,621 sqft
    Year built: 1926
    Days on market: 9
  10. 4 beds, 3 full baths
    Home size: 1,991 sq ft
    Lot size: 4,994 sqft
    Year built: 1926
    Parking spots: 2
    Days on market: 12
  11. 5 beds, 3 full baths
    Home size: 2,897 sq ft
    Lot size: 13,536 sqft
    Year built: 1983
    Parking spots: 2
    Days on market: 18
  12. 3 beds, 2 full baths
    Home size: 1,452 sq ft
    Lot size: 4,915 sqft
    Year built: 1913
    Parking spots: 4
    Days on market: 20
  13. 5 beds, 1 full bath
    Home size: 3,183 sq ft
    Lot size: 8,408 sqft
    Year built: 1912
    Days on market: 20
  14. 4 beds, 3 full baths
    Home size: 2,897 sq ft
    Lot size: 6,386 sqft
    Year built: 1983
    Days on market: 29
  15. 2 beds, 2 full, 1 part baths
    Home size: 1,219 sq ft
    Lot size: 800 sqft
    Parking spots: 2
    Days on market: 33

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

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