Reliable and trusted data on Glassell Park, Highland Park, Silver Lake and Eagle Rock real estate is specified for your reference here as just more helpful information for You. Raphael Guerin, local Realtor, shares some recently released details regarding the current real estate market in a few of the communities in Northeast Los Angeles.
Eagle Rock Real Estate;
The current inventory of houses for sale is down to 2.8 months which is good. The normal in a regular balanced real estate market is 3 months. The average home is a 3+2 and in the range of 1789 sq. ft. with a selling price of around $650k. Presently there are 36 active homes for sale with 10 pending in escrow and 12 registered as sold in the last month.
Highland Park Real Estate;
The current inventory of houses for sale is at 3.2 months which is good. The normal in a regular balanced real estate market is 3 months. The average home is a 2+2 and in the range of 1118 sq. ft. with a selling price of around $370k. Presently there are 85 active homes for sale with 21 pending in escrow and 55 registered as sold in the last month. The community is very active and sought after by home buyers.
Glassell Park Real Estate;
The current inventory of houses for sale is at 4.4 months which is fair. The normal in a regular balanced real estate market is 3 months. The average home is a 3+1 and in the range of 1458 sq. ft. with a selling price of around $427k. Presently there are 95 active homes for sale with 8 pending in escrow and 9 registered as sold in the last month. The community figures include Mt. Washington home sales.
Silver Lake;
The current inventory of houses for sale is at 3.8 months which is stable. The normal in a regular balanced real estate market is 3 months. The average home is a 3+2 and in the range of 1661 sq. ft. with a selling price of around $613k. Presently there are 48 active homes for sale with 31 pending in escrow and 27 registered as sold in the last month. The community is very popular with the film and entertainment set.
Wondering how the other communities are doing and where is the value in today’s N.E.L.A real estate market? Give Raphael a jingle or e-mail and an easy no obligation discussion can be done in the relaxed atmosphere of a local coffee house. Act now for interest rates are low and great opportunities are out there for the well qualified and even first time home buyer. Home Sellers can also benefit by being advised on projects needed for the best sale to be obtained. Raphael is a local resident and involved in community affairs so contact Raphael today.
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