The statistics below cover home sales in the major Echo Park area (90026), are taken directly from the MLS and are for single family homes. They also don't take into consideration condos, income property and private sales.
There were 13 sales in the month of January '10, 1 more than in December '09. The most expensive home sold was $712,000 and the least expensive $100,000.
The median sales price was $325,000, no real change from December '09.
Average days on the market for sold properties was 95, up from 37 in December.
There were 41 active listings, 6 in escrow. There were 4 expired listings. December '09 also had 41 active listings, none in escrow and 10 expireds.
Below is a breakdown of last month's activity in the Echo Park area of Los Angeles:
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Jane,
This is really great information for anyone interested in the Echo Park area. Sellers and Buyers both should recognize you as being the one they need to call about housing in Echo Park.
Look at you popping out Market Reports right and left !!
Nicely done Ms P ! These are an underrated part of many people's blog plans - good for you, people read 'em !
You've really got a handle on your area market, Jane. I didn't realize there were any homes out there in the $100,00 price range.
Judi, thank you.
Sheldon, thank you. We do our best.
Carol, very few.
Jane interesting information, I just received our Jan. stats and will post Tuesday. Only 20 solds.
Nick, well January is a slow month.
Echo Park............hmmm has kind of a 'ring' to it! :-)
Liz, highly amusing :)
Jane, I like your photo of Echo Park, and especially all the green foliage in L.A.! Good market information for this area.
... that's the "Royal 'we' " I take it !!!!! LOL
Mary, thank you for dropping by. Not the most interesting of topics :)
Sheldon, we are not amused.
Jane, how many of the sold properties were foreclosures or short sales?