Highland Park Real Estate One of Top Ten Hot Neighborhoods in U.S.

Highland Park is a Los Angeles neighborhood to watch.   It is one of the oldest residential areas of L.A. and like any growing neighborhood Highland Park has areas that are more desirable than others, but overall it has great views, due to its hilly nature, and an eclectic mix of architecture.  It is gaining a trendy reputation with galleries, bars, and restaurants opening up in the neighborhood.

Named in the top ten list of up-and-coming neighborhoods in the U.S. we should take a look at how the Highland Park real estate market did in 2012 and compare it to 2011.

Highland Park single family home  sales

Sold +/- 2011 Range Median +/- 2011 Active Range Median Pending
240  36 $84,000 – $917,633 $400,000 +17.47% 28 $299,000 to $699,000 $432,500 46

Information provided by MLS/CLAW deemed reliable but not guaranteed 

Not surprisingly, the median price of single family homes increased 17.47% over the previous year, and the number of homes sold was up by 36.

Inventory in the area is extremely low, so anything coming on the market in one of the more desirable areas of Highland Park is going to move quickly.

Homes for sale in Highland Park

 

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