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Week of March 31, 2014 through April 7, 2014
Compare past market reports by clicking here.
This weekend is full of some great open houses in Northeast Los Angeles, including the neighborhoods of Glassell Park, Atwater Village, Highland Park, Echo Park and Mount Washing on Sunday, April 6. Check out these great open houses!
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Listing agent: Brian Ades
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Represented Buyer
This is a great example of how it pays to work with an experienced Realtor. This property would easily be more than twice the cost in other higher-priced neighborhoods of Northeast Los Angeles, but it has a great location in nearby University Hills.
We've explored a lot of communities as alternatives to our focus area, and University Hills is proving to be a great one!
ask-darren-web-estimates
A: If you have no intention of buying or selling they are a reliable source of entertainment. Northeast Los Angeles is one of the most difficult areas in the city to appraise properties. There are two basic reasons for this: first, those who buy here place real value on design, but appraisers only see a 3 bedroom / 2 bath house; second, the housing stock varies so much in terms of layout, geography, architectural style, proximity to commercial entities and many more factors. Not only are web values not accurate, but appraisers that are used to working in the suburbs have no idea how to acquire accurate values.
For an accurate online value visit www.UrbanLAhouseValues.com or just ask us.
LosAngeles-Real-Estate-report_3-31-14
As the days go by, the only real trend we're seeing in the Northeast Los Angeles real estate market is that things are staying steady. Most notably, there are nine fewer sold properties and five more in total inventory. That about sums it up!
March 31, 2014
Compare past market reports by clicking here.
Things feeling a little more… crowded lately? New U.S. Census data released last week show the Los Angeles County population surpassed 10 million residents in 2013. Both Los Angeles and Orange Counties have some of the high concentration of "crowded homes," as displayed by a Los Angeles Times map of the most crowded zip codes.
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How does Northeast Los Angeles fair? Not too bad. The 90026 area code, which includes neighborhoods like Echo Park and Silver Lake, comes in at 15.8% crowded. For comparison, nearby Westlake (zip code 90057) has a 39.9% crowding rate. The 90065 zip code, including neighborhoods like Mount Washington and Glassell Park, are 14.5% crowded. Highland Park and other 90042 neighborhoods are looking at a 16% crowding.
How crowded is your neighborhood? Click here to check out the map of Southern California.
This weekend is full of some great open houses in Northeast Los Angeles, including the neighborhoods of Highland Park, Atwater Village, Eagle Rock and Silver Lake this weekend. Check out these great open houses!
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Open Sunday, March 30 from 1:00 pm - 4:00 pm
Listing agents: Sarah Halpin
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Open Friday, March 28 from 4:30 pm - 7:30 pm
Listing agent: Desiree Vavak
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Open Sunday, March 30 from 1:00 pm - 4:00 pm
Listing agent: Jo O'Key
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Open Saturday, March 29 from 2:00 pm - 5:00 pm
Listing agent: Garry Scoby
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Open Saturday, March 29 from 2:00 pm - 6:00 pm
Listing agent: Cesar Cervantes
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