Let’s see how the Silver Lake and Echo Park real estate market did in 2011.
The MLS/CLAW covers the above two areas together, and since the boundaries are not clear, this report will cover both areas.
Absorption rate is the number of months it will take the current inventory to sell, based on the average number of homes sold each month. Six months is a balanced market, above six months favors buyers and below six months favors sellers.
The under $1 Million Silver Lake and Echo Park real estate market favors sellers. The number of sales were up significantly over the previous year and the median price was only down slightly.
Above $1 Million is also a pretty health sellers market. Except for the last three months of the year, the number of sold listings was up significantly over the previous year. The median price was also only down slightly.
The Silver Lake and Echo Park condo market is also doing well. Sales in 2011 were way up over the previous year, even though the median dropped more than the single family homes. There is not a huge condo market in Silver Lake and Echo Park and good units that come on the market are going to sell fairly quickly. So Echo Park and Silver Lake condo sellers, now is a great time to put your homes on the market.
SEARCH SILVER LAKE AND ECHO PARK HOMES FOR SALE
Single Family
Condo
Rental
Land
- MLS® #: 24-449959
- 1261 Angelo Dr
- Beverly Hills CA
- $195,000,000
- 16 Bed | 27 Bath | 50,000 SqFt
- 6.03 Acres
- MLS® #: 25497697
- 607 Siena Way
- Bel Air CA
- $177,000,000
- 8 Bed | 25 Bath | 35,000 SqFt
- 1.22 Acres
- MLS® #: 25507871
- 9712 Oak Pass Rd
- Beverly Hills CA
- $175,000,000
- 0 Bed | 0 Bath | 0 SqFt
- 35 Acres
- MLS® #: 23-231909
- 594 S Mapleton Dr
- Los Angeles CA
- $137,500,000
- 14 Bed | 27 Bath | 56,500 SqFt
- 4.6 Acres
- MLS® #: 23-321859
- 9505 Gloaming
- Beverly Hills CA
- $126,000,000
- 8 Bed | 20 Bath | 30,610 SqFt
- 2.19 Acres
- MLS® #: 25497825
- 729 Bel Air Rd
- Los Angeles CA
- $120,000,000
- 9 Bed | 20 Bath | 18,784 SqFt
- 3.32 Acres
- MLS® #: 25-484117
- 1200 Bel Air Rd
- Los Angeles CA
- $118,000,000
- 12 Bed | 17 Bath | 0 SqFt
- 2.08 Acres
- MLS® #: 24-399189
- 10936 Chalon Rd
- Los Angeles CA
- $115,000,000
- 9 Bed | 13 Bath | 14,941 SqFt
- 1.65 Acres
- MLS® #: 24-387189
- 9904 Kip Dr
- Beverly Hills CA
- $88,000,000
- 10 Bed | 22 Bath | 24,757 SqFt
- 19.82 Acres
- MLS® #: 24-412907
- 1420 Davies Dr
- Beverly Hills CA
- $77,000,000
- 8 Bed | 14 Bath | 21,800 SqFt
- 7.8 Acres
- MLS® #: 25-482497
- 1210 Benedict Canyon Dr
- Beverly Hills CA
- $75,000,000
- 11 Bed | 20 Bath | 27,000 SqFt
- 2.69 Acres
- MLS® #: 25495709
- 9006 Thrasher Ave
- Los Angeles CA
- $72,500,000
- 7 Bed | 9 Bath | 13,400 SqFt
- 0.41 Acres
- MLS® #: 25-484122
- 9330 Flicker Way
- Los Angeles CA
- $68,000,000
- 9 Bed | 14 Bath | 0 SqFt
- 0.9 Acres
- MLS® #: 24-413783
- 2571 Wallingford Dr
- Beverly Hills CA
- $68,000,000
- 12 Bed | 24 Bath | 38,000 SqFt
- 5.2 Acres
- MLS® #: 25508633
- 71 Beverly Park
- Beverly Hills CA
- $68,000,000
- 12 Bed | 20 Bath | 30,500 SqFt
- 6.14 Acres
- MLS® #: 24-463937
- 133 S Mapleton DR
- LOS ANGELES CA
- $65,000,000
- 9 Bed | 14 Bath | 26,522 SqFt
- 1.1 Acres
- MLS® #: 24-386085
- 107 Delfern Dr
- Los Angeles CA
- $65,000,000
- 10 Bed | 19 Bath | 21,000 SqFt
- 1.88 Acres
- MLS® #: 25494997
- 9214 Nightingale Dr
- West Hollywood CA
- $63,000,000
- 5 Bed | 7 Bath | 13,870 SqFt
- 0.52 Acres
- MLS® #: 24-437007
- 200 S Mapleton Dr
- Los Angeles CA
- $61,500,000
- 10 Bed | 13 Bath | 17,000 SqFt
- 1.3 Acres
- MLS® #: 25-486169
- 1129 Tower Rd
- Beverly Hills CA
- $60,000,000
- 7 Bed | 14 Bath | 15,000 SqFt
- 1.35 Acres
- MLS® #: SR25018859MR
- 24188 Case CT
- MALIBU CA
- $59,995,000
- 4 Bed | 5 Bath | 10,555 SqFt
- 3 Acres
- MLS® #: 24-387739
- 1525 San Vicente Blvd
- Santa Monica CA
- $59,950,000
- 7 Bed | 13 Bath | 22,640 SqFt
- 1.61 Acres
- MLS® #: 25504805
- 684 Firth Ave
- Los Angeles CA
- $59,500,000
- 6 Bed | 10 Bath | 14,779 SqFt
- 1.93 Acres
- MLS® #: 25-483555
- 616 N Beverly Dr
- Beverly Hills CA
- $59,500,000
- 7 Bed | 14 Bath | 20,520 SqFt
- 0.91 Acres
- MLS® #: 24-468303
- 29130 Cliffside Dr
- Malibu CA
- $58,000,000
- 5 Bed | 8 Bath | 8,000 SqFt
- 1.01 Acres
- MLS® #: 24-450087
- 1851 Bel Air Rd
- Los Angeles CA
- $57,500,000
- 9 Bed | 13 Bath | 20,500 SqFt
- 1.39 Acres
- MLS® #: 25-484295
- 912 Benedict Canyon Dr
- Beverly Hills CA
- $56,900,000
- 7 Bed | 15 Bath | 17,005 SqFt
- 1.15 Acres
- MLS® #: 25-476043
- 1108 Wallace Rdg
- Beverly Hills CA
- $53,000,000
- 7 Bed | 14 Bath | 18,169 SqFt
- 0.57 Acres
- MLS® #: 25493687
- 1220 Sunset Plaza Dr
- Los Angeles CA
- $50,000,000
- 6 Bed | 7 Bath | 11,412 SqFt
- 2.3 Acres
- MLS® #: 25499293
- 28820 Cliffside Dr
- Malibu CA
- $50,000,000
- 4 Bed | 7 Bath | 8,632 SqFt
- 1.37 Acres
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
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