Los Feliz Real Estate Market Recap for the Week Ending November 6, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING NOVEMBER 6, 2016

  • Average days on market: 67 (↑)  
  • Average cost per foot:  $747 (↓) 
  • Number of price reductions: 30 (↑) 

Pending Home Sales:  21 (19 last week), prices ranging from $679,000 t0 $4.490,000

  • 3 new pending sales last week (down from 6 the previous week)
  • 6 pending sales over $2 million (unchanged)

4 homes sold (1 the previous week)

  • Average cost per foot:  $628 (↑)
  • Average days on market:  84 (↑)
  • Median price:  $1,547,500 (last week: $970,000)
PENDING SALES DOWN 73% IN LOS FELIZ

PENDING SALES DOWN 73% IN LOS FELIZ

MONTHS SUPPLY OF INVENTORY UP 361% IN LOS FELIZ

MONTHS SUPPLY OF INVENTORY UP 361% IN LOS FELIZ

AVERAGE DAYS ON MARKET DOWN 34% IN LOS FELIZ

AVERAGE DAYS ON MARKET DOWN 34% IN LOS FELIZ

3 Homes Listed Last Week in Los Feliz

4 Homes Sold Last Week in Los Feliz