Los Feliz Real Estate Market Recap for the Week Ending October 16, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING OCTOBER 16, 2016

  • Average days on market: 57 (↓) 
  • Average cost per foot:  $760 (↓) 
  • Number of price reductions: 20 (↓) 

Pending Home Sales:  19 (23 last week), prices ranging from $679,000 t0 $7,250,000

  • 2 new pending sales last week (3 last week)
  • 7 pending sales over $2 million (down from 9)

5 homes sold (2 the previous week)

  • Average cost per foot:  $633 (↓) 
  • Average days on market:  41 (↓) 
  • Median price:  $2,300,000 (↑) 

PENDING SALES ARE DOWN 44% IN LOS FELIZ

PENDING SALES ARE DOWN 44% IN LOS FELIZ

MONTHS SUPPLY OF INVENTORY IS UP 83% IN LOS FELIZ

MONTHS SUPPLY OF INVENTORY IS UP 83% IN LOS FELIZ

9 Homes Listed Last Week in Los Feliz

5 Homes Sold Last Week in Los Feliz