Los Angeles Real Estate by Zip Code 1st Qtr 2014 Report

Santa Monica Zip Code Map, Santa Monica Real Estate by Zip Codem Santa Monica Housing Market Report by Zip Code

If you are looking for Los Angeles real estate by zip code I hope that this market report, broken down by select zip codes will help. If you would like information on the performance of other Los Angeles zip codes please don't hesitate to contact me. Single Family Zip Code Sold +/- Median Price % +/- For Sale Median Price Pending 90007, 90012, 90013 90014, 90015, 90017 90021, 90031, … [Read more...]

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...]

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 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...]

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...]

Los Angeles Real Estate Third Quarter Market Report 2012

Search homes for sale in Los Angeles

Let' see how Los Angeles real estate is doing compared with the same period in 2011.  The +/- and percentage differences are over the first nine  months of 2011. Other areas have their own separate reports, with links shown below. (Blue is a sellers' market, red a buyers' market and white a stable market). Information taken from the MLS/CLAW deemed reliable buy not guaranteed Community Active 2012  Sold 2012  +/-  Median 2012  %+/- % Sold vs List … [Read more...]

Los Angeles Communities Real Estate Half Yearly Market Report June 2012

Search homes for sale in Los Angeles

Half a year has passed already so let's take a look how Los Angeles real estate is doing compared with the same period in 2011.  The +/- and percentage differences are over the first six  months of 2011 Los Angeles Single Family Homes Community Active Under Contract Sold +/- Median +/- Market Beverly Hills 101 25 69 -6 $4,175,000 +95%  * Bel Air/Holmby Hills 117  34 74 -3 $1,815,000 +10% Beverly Center | … [Read more...]

Los Angeles Real Estate Weekly Update | Week Ending June 24th, 2012

Downtown lofts and condos for sale | market report

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 … [Read more...]

Los Angeles Real Estate Weekly Update | Week Ending June 17th, 2012

Search homes for sale in Los Angeles

If you can find a home in this market of low inventory, now is a great time to be buying Los Angeles real estate.  Mortgage interest rates are low, home prices are probably at or near bottom, and in many areas are rising. It will be interesting to watch the movement each week by area: Los Angeles Single Family Homes Community New Median Pending Sold Median High Low Beverly Hills 7 $3,450,000 4 2 $10,007,500 $14,750,000 $5,265,000 Bel Air/Holmby … [Read more...]

Downtown Los Angeles Condo Market Report | 1st Qtr 2012

Downtown Los Angeles Lofts, Santee Village Lofts, Living in Downtown L.A.

Let's check in on the Downtown L.A. condo market to see how First Quarter figures look. The numbers are taken from the MLS/CLAW and are deemed reliable but not guaranteed. Number Sold:  110, a decrease of 3.77% over the same period last year. Median Price:  $283,750, a 2.99% decrease over the same period last year. There are 93 active listings on the market which means, with an average of 36.67 condos sold over the first three months, the market is trending towards a sellers' … [Read more...]

How is the Real Estate Market in Los Angeles Right Now? First Quarter 2012 Stats

Downtown lofts and condos for sale, market report

People often ask how is the real estate market in Los Angeles right now.  The answer I guess depends on whom you ask. According to the MLS there are currently 206 foreclosures and 434 shorts sales on the market in the approximately 73 areas they cover, which actually does not seem like a large number.  And in the areas frequently covered by me there are 43 foreclosures and 82 short sales, still not a large number. The problem right now with standard sales is that inventory is low in the … [Read more...]

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

Search Silver Lake and Echo Park Real Estate for Sale

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. 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% … [Read more...]

Los Angeles Communities Real Estate Market Report February 2012

Downtown lofts and condos for sale, market report

Let's see how the Los Angeles real estate market is doing by selected communities: SINGLE FAMILY HOMES   Communities Active Sold Median Average Sold Per Month Market   Bel Air/Holmby Hills  97 5  $1,722,000  8.69  Strong Buyers Beverly Center | MM 58  11  $825,000 10  Sellers Beverly Hills P.O.  99  9  $1,850,000  11.16  Buyers Beverlywood  46 116  $722,500  14.16  Strong Sellers Cheviot Hills/Rancho … [Read more...]