Mt. Washington Real Estate Market Trend

Hello all of Northeast Los Angeles… Mt. Washington continues to be the place to live in for exceptional quality of life. The neighborhood has a large quantity of view homes with charecter in a nice reasonable price range. Wanting more specifics on what the neighborhood is like just contact me now. The time to discuss the great value in the Mt. Washington Real Estate trend, is now. A community that the residents are active to maintain the beauty and serenity that is present on the ‘hill’.

July has supported the following data;

  • Homes For Sale are on the market about 57 days.
  • Inventory level of active listings is 3.5  with 3 as  benchmark for a normal market.
  • A total of 11 homes sold in July.
  • A pending list totals 13 in escrow over the number listed for sale.
  • Pricing is in the mid $500k range as a basic reference.

 

A most interesting trend in the area are the number of vacant lots for sale right now. Mt. Washington has many lots of all shapes and sizes with view and without presently on the market. Great long term investment for hose that can buy and hold for at least 3 to 5 years. Thinking about moving forward on a lot? Well a total of 74 lots are now for sale on the hill. The opportunity does exist for an investor with some contractor knowledge. Discover a price range from the teens to the 90k range with a local resident Realtor, Raphael.

Let’s have a ‘cafe’ at a local spot in trendy Highland Park and chat about the real estate market in Mt. Washington and Highland Park. A short analysis of recent transactions will be provided for your reference. Contact me now so we can schedule. Let us meet for your benefit with accurate and reliable data you may reference. Act now and schedule a quick and easy meet.

Your privacy is respected and information never shared on this site.

 

 




Comments are closed.