Silver Lake Real Estate Market Update

Well priced Silver Lake real estate is selling relatively quickly.  There is not a particularly large inventory homes for sale in the area right now. The mls shows the current active listing inventory to be only 52 homes. The follow chart shows Silver Lake Real Estate Market activity for the Month of August, 2010. Silver Lake Market statistics Sept 2010 Now let's take a look at some year to date figures from January 1, 2010 through August 31, 2010. These figures are for single family homes in Silver Lake only and to not include Silver Lake condos or income properties. Silver Lake Home Sales Year-to-date from January 1st, 2010 through August 31, 2010
  • Number of Single Family Homes SOLD: 80
  • Highest price - $1,890,000
  • Median price -$735,000
  • Average price -$733,989
  • Lowest price - $172,000
  • Average Days on the Market - 43
  • Average Square footage 1,533.44
  • Average price per square foot- $438.80
Silver Lake prices vary by location, school district, property size and condition.  The following chart shows that the majority of sale of Silver Lake single family homes this year have sold between $500,000 and $1,000,000.  If you have been hoping to find a house in Silver Lake for less than $500,000 you'll see that relatively few homes have sold in that range.  This price range is not only very competitive, but the majority of the properties are major fixers, very small, and/or in less desirable areas. YTD Sold properties in Silver Lake CA For more information on Silver Lake, Echo Park, Los Feliz, and surrounding areas, contact me directly at 213-215-4758 or check out Jenny Durling signature Jenny Durling Broker Associate L.A. Property Solutions 213-215-4758 Copyright © 2010 By Jenny Durling *All Rights Reserved *Silver Lake Real Estate Market Update: September 2010*

Post a Comment

Blog Archives

Posts By Category

All Categories Altadena (1) Art Deco (2) Atwater Village (3) Bank Owned (5) Buying a Home (40) Condos (10) Contemporary/Modern (3) danger of foreclosure (4) Eagle Rock (2) Echo Park (15) Featured Blog Posts (7) Foreclosures (1) Franklin Ave Elementary Homes (3) Glassell Park (1) Highland Park (2) Hollywood Hills (12) Home Improvements (11) Income Property (2) Ivanhoe Elementary Homes (1) Local things to do (33) Los Angeles Info (18) Los Angeles Real Estate Market (2) Los Feliz (25) Mid Century/Mid Century Modern (1) Modern (1) Montecito Heights (1) Pasadena (2) Really?! (5) Selling a home (9) Selling Your Home (3) Short Sale info for sellers (3) Short Sales (7) Silver Lake (35) Small Lot Subdivisions (1)

Posts By Month

Grab Our RSS Feed