Los Feliz Real Estate Market Recap for the Week Ending May 1, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING MAY 1, 2016

ACTIVE HOMES FOR SALE IN LOS FELIZ: 36 (37 LAST WEEK); PRICES RANGING FROM $739,000 TO $5,995,000

  • Median Price: $1,587,000 (last week: $1,575,000)

  • Average days on market: 44 (no change)
  • Average cost per foot:  $706 (↓)
  • For sale properties over $2 million:  15 (no change)
  • Number of price reductions:  10 (↓)

Pending Home Sales:  28 (up from last week);  prices ranging from $679,000 to $4,977,000

  • 4 new pending sales last week (5 last week)
  • 6 pending sales over $2 million (no change)

 2 SOLD LISTINGS LAST WEEK (4 LAST WEEK):

  • Median Price: $1,515,000 (last week: $1,478,500)
  • Average days on market: 58  (↓)
  • Average cost per foot:  $742 (↑)

2 Homes Sold Last Week in Los Feliz

2236 Canyon Terrace, Los Feliz

Sales Price:  $1,050,000

Days on Market: 73

Cost per foot:  $859

Square feet: 1222;  2 beds/1 baths.  Special notes:  Hollywood Hills jewel sits on a private wooded lot at the foot of the Los Feliz Oaks, close to Bronson Canyon Park. On a  cul-de-sac, this one-of-a-kind 1940's modern gives a nod to streamlined deco style with amazing attention to detail. Hardwood floors, picturesque windows and high ceilings, fireplace and built-in bookshelves in the Living room and an updated, vintage kitchen.  Private gardens exploding with drought resistant landscaping, terraces and outdoor entertaining spaces plus a beautiful adjoining outdoor multipurpose room complete with its own fireplace, built in BBQ and water feature.


1900 N Serrano, Los Feliz

Sales Price:  $1,980,000

Days on Market: 42

Cost per foot:  $625

Square feet: 3168;  4 beds/4 baths.  Special notes:  Private, walled & gated 1920's Spanish home close to Griffith Park. Arched doorways and soaring ceilings can be found in the formal living room with stunning Palladian windows, detailed iron work & exquisite tiled mantel. Oversized light filled family room with floor-to-ceiling bookshelves leads to the renovated eat-in kitchen featuring new cabinetry, WOLF range, SUBZERO refrigerator & pantry. Light & bright formal dining room with French doors offers access to a covered patio & sparkling pool/spa. Fabulous master suite includes bathroom, large walk-in closet & lovely French doors to patio overlooking the pool. Studio apartment above 2-car garage.


7 Homes Listed Last Week in Los Feliz