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. […]
Downtown Los Angeles Condo Market Report | 1st Qtr 2012 Read More »
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
Silver Lake | Echo Park Real Estate Market | 1st Quarter 2012 Read More »
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
Los Angeles Communities Real Estate Market Report February 2012 Read More »
Let’s check in on the Palms and Mar Vista real estate market and see how it did in 2011. The MLS/CLAW covers both areas together, so the report below will combine them. Absorption rate is the number of months it will take the current inventory to sell, based on the average number of homes sold each
Palms | Mar Vista Market Report 2011 Read More »
Let’s take a look at how Downtown Los Angeles condos fared over the past year. For the purposes of this report I have broken the price ranges down to under $500K, $500K to $1 Million, and the over $1 Million bracket. The largest movement is in the under $under 500K category. Market absorption indicates the amount of
Downtown Los Angeles Condos | Market Report Read More »
Echo Park is a highly desirable area near Downtown Los Angeles, and homes don’t generally stay on the market there too long. A sellers’ market is one where the inventory is below 6 months. A buyers’ market one where it is above six months. And six months’ inventory is a stable market. Median price is
Echo Park Real Estate Market Report November 2011 Read More »
