Los Feliz Real Estate Market Recap for the Week Ending August 21, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING AUGUST 21, 2016

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

  • Average days on market: 56 (↓)
  • Average cost per foot:  $760 (↓)
  • For sale properties over $2 million:  23 (↓)
  • Number of price reductions:  15 (↓)

Pending Home Sales:  28 (30 last week);  prices ranging from $579,000 to $3,997,000

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

6 homes sold (up from 4 the previous week)

  • Average cost per foot:  $699 (↑)
  • Average days on market:  37 (↓)
  • Average price:  $1,955,000 (↑)
Pending Sales down 55% in Los Feliz

Pending Sales down 55% in Los Feliz

3 Homes Listed Last Week in Los Feliz

6 Homes Sold Last Week in Los Feliz