Los Feliz Real Estate Market Recap for the Week Ending August 14, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING AUGUST 14, 2016

ACTIVE HOMES FOR SALE IN LOS FELIZ: 46 (44 LAST WEEK AND 43 TWO WEEKS AGO); PRICES RANGING FROM $779,900 TO $8,888,888

  • Average days on market: 57 (↓)
  • Average cost per foot:  $771  (↑)
  • For sale properties over $2 million:  25 (↑)
  • Number of price reductions:  17 (↓)

Pending Home Sales:  30 (31 last week);  prices ranging from $579,000 to $3,997,000

  • 4 new pending sales last week (down from 7)
  • 7 pending sales over $2 million (unchanged)

4 homes sold (same as last week )

  • Average cost per foot:  $686 (↑)
  • Average days on market:  52 (↑)
  • Average price:  $1,437,500 (↓)

AVERAGE DAYS ON MARKET DOWN 36% IN LOS FELIZ.  ASK ME WHAT THAT MEANS FOR YOU.

AVERAGE DAYS ON MARKET DOWN 36% IN LOS FELIZ.  ASK ME WHAT THAT MEANS FOR YOU.



5 Homes Listed Last Week in Los Feliz

4 Homes Sold Last Week in Los Feliz