Los Feliz Real Estate Market Recap for the Week Ending September 4, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING SEPTEMBER 4, 2016

ACTIVE HOMES FOR SALE IN LOS FELIZ: 45 (44 LAST WEEK); PRICES RANGING FROM $989,000 TO $8,888,888

  • Average days on market: 60 (↑)
  • Average cost per foot:  $762 (↑)
  • For sale properties over $2 million:  25 (↑)
  • Number of price reductions:  16 (↑)

Pending Home Sales:  24 (28 last week);  prices ranging from $579,000 to $3,997,000

  • 3 new pending sales last week (up from 3)
  • 9  pending sales over $2 million (up from 7)

2 homes sold (6 the previous week)

  • Average cost per foot:  $1254 (↑)
  • Average days on market:  15 (↓)
  • Average price:  $1,432,500 (↓)
Closed sales down 43% in Los Feliz

Closed sales down 43% in Los Feliz

5 Homes Listed Last Week in Los Feliz

2 Homes Sold Last Week in Los Feliz