Urban Hillsides / Northeast LA Market review for March
Inventory is very low in the Northeast Area, including Atwater Village, Echo Park, Eagle Rock, Glassell Park, Highland Park, Lincoln Heights, Los Feliz, Mt. Washington, and Silver Lake. With good marketing, quality properties sell very fast and will bring multiple offers. Single Family:
- Properties sold: 134
- Average days on market: 68
- Median price: $435,500
- Average cost per square foot: $349
- Average selling price to listing price: 98.72%
Residential Income (2-4 units)
- Properties sold: 21
- Median price: $418,000
Condo
- Properties sold: 25
- Median Price: $225,000
(Source: The MLS)