Los Feliz Real Estate Market Recap for the Week Ending July 17, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING JULY 17, 2016

ACTIVE HOMES FOR SALE IN LOS FELIZ: 55 (UP FROM 51 LAST WEEK AND 46 TWO WEEKS AGO); PRICES RANGING FROM $579,000 TO $6,195,000

  • Average days on market: 49 (48 last week)
  • Average cost per foot:  $746 ($754 last week)
  • For sale properties over $2 million:  23 (↑)
  • Number of price reductions:  16 (down from 17 last week)

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

  • 6 new pending sales last week (up from 5 last week)
  • 9 pending sales over $2 million (↑)

2 homes sold last week (2 last week)

  • Average cost per foot:  $714 (↓)
  • Average days on market:  28 (↑)
  • Average price:  $1,380,500 (↑)

6 Homes Listed Last Week in Los Feliz

2 Homes Sold Last Week in Los Feliz