Market report for Northeast Los Angeles neighborhoods

LosAngeles-Real-Estate-report_5-12-14

LosAngeles-Real-Estate-report_5-12-14

Week of May 12, 2014 through May 19, 2014

  • New listings: 50+
  • Back on Market: 17+
  • Price Reductions: 15+
  • Pending/Back up: 34+
  • Sold: 38+
  • Total inventory available: 215+

Compare past market reports by clicking here.

Weekend calendar: Featured open houses in Northeast Los Angeles

This weekend is full of some great open houses in Northeast Los Angeles, including the neighborhoods of Silver Lake, Eagle Rock and Highland Park on Sunday, May 18. Check out these great open houses!

Want a private showing? Call (323) 300-1186 today!

816-Kodak-LivingRm1

816-Kodak-LivingRm1

Silver Lake

816 Kodak Drive | 2 BR, 1.5 BA | $749,000

Eagle Rock

5028 Hartwick Street | 3 BR, 2 BA | $695,000

Silver Lake

2958 Swan Place | 2 BR, 2 BA | $689,000

Highland Park

6021 Meridian Street | 2 BR, 2 BA | $739,000

Silver Lake

1453 Avon Terrace | 4 BR, 3 BA | $825,000

Want a private showing? Call (323) 300-1186 today!

Don't care for any of these listings? Search for more properties.

Schindler home tours in Silver Lake on Sunday

schindler-house-tour-silverlake

schindler-house-tour-silverlake

A home tour benefiting the MAK Center for the Art and Architecture for its 20th anniversary is taking place this weekend, on Sunday, May 18, in Silver Lake.

Six homes designed by architect R.M. Schindler are part of the tour, all of which are intact or restored. The redwood and concrete How House is a feature of the tour, designed by Schindler in 1925.

The tour will take about 3.5 hours between 11:00 am and 5:00 pm. Tickets are $75 for the tour, click here for more information on how to purchase.

Ask a Realtor: What's the best time of year to sell my house?

Q: What's the best time of year to sell my house?

ask-darren-when-to-sell-home.jpg

A: It used to be that there was a selling season based around Spring time, when the flowers were blooming and the weather was nice. But in the past 15 years or so, in the Los Angeles real estate market it has not been particular to seasons in terms of one being better than the other, with one exception: avoid selling in the Thanksgiving and Christmas seasons.

With the mild climate of Los Angeles, the best time to sell is from February through September. But the more important thing to focus on in terms of timing is how it relates to your circumstances.

On the other side of things, the best time to buy is December and January.

Whether buying or selling, timing is important when it comes to planning ahead. If you have an ideal timeto move, I recommend starting the process at least 2-3 months in advance. There are learning curves and there may be some necessary preparations to make for the home, so it’s always good to have a conversation with a Realtor months in advance.

Contact me if you’d like to discuss the specifics of your property and your circumstances, and let’s go from there!

Stay tuned for next week’s Ask Darren on tips on buying a home for the first time.

Market report for Northeast Los Angeles neighborhoods

LosAngeles-Real-Estate-report_5-5-14

LosAngeles-Real-Estate-report_5-5-14

Week of May 5, 2014 through May 12, 2014

  • New listings: 42-
  • Back on Market: 9+
  • Price Reductions: 13+
  • Pending/Back up: 20+
  • Sold: 33+
  • Total inventory available: 205+

Compare past market reports by clicking here.