More Options
Preview first 0 results. View all results
Advanced Search
Preview first 0 results
Your search results

Best Los Angeles Neighborhood? Silver Lake

Posted by janepeters on August 20, 2013
| 0

Silver Lake ranks No. 1 among Forbes’ America’s Best Hipster Neighborhoods  and is among CNN Money’s 10 Best Big City Neighborhoods.

Silver Lake has long been a highly desired neighborhood on the east side of Los Angeles. Close to Downtown L.A. with its trendy cafes, restaurants, boutiques and eclectic architecture, finding a home in Silver Lake is no mean feat.

Silver Lake, Los Angeles' best neighborhood

The report below refers to single family homes and, since the MLS includes Echo Park in its search criteria, the figures below are an estimate.

Silver Lake housing statistics for the year-to-date:

Sold:  113
Median price:  $744,600
Avg. price per sq. ft:  $509.07
Avg. sale price vs. list price:  103.62%
Avg. days on the market:  58
Active listings:  28
Median price:  $849,000
Under contract:  37

As a comparison 15 less homes were sold compared with the previous 8 months.  The median price is up 9.10% and the average sales to list price rose 3.84%.

With 113 sold over the past 8 months, 37 under contract, and only 28 presently on the market, there is a severe shortage of homes for sale in “Los Angeles’ best neighborhood”.  Prospective Silver Lake home sellers take note.

Homes for sale in Silver Lake

[idx-listings linkid=”168451″ count=”21″ showlargerphotos=”true”]
 

Need Help? Have questions? Fill out the CONTACT FORM or call Jane at 310-351-9208

Leave a Reply

Your email address will not be published.

  • Need Help? Contact Us!

  • Guides & Useful Information

    Read My Blog

    Buying & Selling Guides

    Just Listed

    Featured Communities

    Reviews

    Search By Schools

    Market Reports

    First Report

    Relocating

  • What’s My Home Worth

  • Mortgage Calculator

Compare Listings