Earlier this month, LA Weekly crunched some Redfin numbers and came up with the Five Hottest Real Estate Neighborhoods in Los Angeles. Unsurprisingly, Silver Lake/Edendale/Echo Park was listed as the second hottest neighborhood. An 81% year-over-year price increase in June (and a median $575 per square foot price tag), plus the area’s popularity with hipsters and gentrification gives it this top spot.
Earlier this year, Redfin listed Northeast Los Angeles neighborhoods Highland Park, Eagle Rock and Glassell Park in the top 10 up-and-coming neighborhoods in the nation, with Highland Park taking the number one spot. Sales were up 73% along with a 31% price increase for Highland Park, and year-over-year listing trends are why the neighborhood is getting this attention.
Looking to buy or sell in these popular Northeast Los Angeles neighborhoods? Echo Park and Highland Park real estate is hot – call me today for more information!
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