Los Feliz Real Estate Market Recap for the Week Ending May 22, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING MAY 22, 2016

ACTIVE HOMES FOR SALE IN LOS FELIZ: 44 (UP FROM 41 LAST WEEK); PRICES RANGING FROM $799,000 TO $6,545,000

  • Median Price: $1,642,000 (last week: $1,575,000)

  • Average days on market: 52 (↑)
  • Average cost per foot:  $757 (↑)
  • For sale properties over $2 million:  18 (↑)
  • Number of price reductions:  8 (↓)

Pending Home Sales:  29 (up from 27 last week);  prices ranging from $679,000 to $3,997,000

  • 3 new pending sales last week (6 last week)
  • 7 pending sales over $2 million (down from 7 last week)

11 Homes Listed Last Week in Los Feliz

One Homes Sold Last Week in Los Feliz

4450 Cromwell, Los Feliz

Sales Price:  $1,540,000

Days on Market: 4

Cost per foot:  $534

Square feet: 3280;  4 beds/3 baths.  Special notes:   This house is perfected for some one who needs lots of room. Beautiful large open hardwood floors plan with grand living room and cith view. The down is currently uesd for quest suite with open living room.