Los Feliz Real Estate Market Recap for the Week Ending February 7, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING FEBRUARY 7, 2016

Active homes for sale in Los Feliz: 36; prices ranging from $630,000 to $9,995,000

  • Median Price: $2,127,500 (last week: $2,295,000)

  • Average days on market: 70 ()
  • Average cost per foot:  $696 (↓)
  • For sale properties over $2 million:  20
  • Number of price reductions:  7

Pending Home Sales:  26 (same as last week);  prices ranging from $745,000 to $6,875,000

  • 4 new pending sales last week (↓)
  • 9 pending sales over $2 million (↑)

4 SOLD LISTINGS LAST WEEK:

  • Median Price: $2,212,500 (last week: $1,292,500)
  • Average days on market: 81 (↑)
  • Average cost per foot:  $586 (↓)

Last Week's Sold Listings

5015 Los Feliz Blvd, Los Feliz

Sales Price:  $2,500,000

Days on Market: 68

Cost per foot:  $658

Square feet: 3800;  4 beds/6 baths.  Special notes: Timeless colonial circa 1941, light, bright & fresh, keeping all the detailed craftsmanship & bringing in beautiful updates in a classic & open plan design. Hedged and gated with a long driveway, parking & porte cochere entry. Public rooms open to views of the pool & guest house with pool bath plus grassy yard behind the gates with a resort feel. Gorgeous library den and all bedrooms en suite. 


3756 Effingham Place, Los Feliz

Sales Price:  $2,325,000

Days on Market: 115

Cost per foot:  $742

Square feet: 3132;  4 beds/4 baths.  Special notes: View home beautifully updated throughout offers new kitchen & baths, luxurious master suite, home theatre system, state of the art wine cellar and great outdoor lounge, grassy yard, salt water pool & spa and beautiful views. An abundance of natural light highlights original historic architectural details & newer designer finishes throughout.


2515 Glendower, Los Feliz

Sales Price:  $2,100,000

Days on Market: 17

Cost per foot:  $527

Square feet: 3988;  4 beds/3 baths.  Special notes: Two story traditional view home has a light and airy open concept floor plan, countless well crafted upgrades and sensational views of peaceful vistas and downtown from most rooms. Eat-in gourmet kitchen features twin dishwashers, a wine fridge and a butler's pantry area. Truly a private retreat.


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3460 Griffith Park, Los Feliz

Sales Price:  $1,230,000

Days on Market: 125

Cost per foot:  $416

Square feet: 2959;  4 beds/3 baths.  Special notes: Spacious 2 - story architectural home in the coveted N. of Los Feliz neighborhood with beautiful hillside views in a prime location - close to Griffith Park with easy freeway access.


5 New Listings Last Week in Los Feliz