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.
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
See all Silver Lake Homes for Sale.
(all data current as of 8/21/2013)
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$649,000 : 2151 CLINTON ST, Los Angeles3 beds, 1 full bath
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$1,249,000 : 2217 BERKELEY AVE, Los Angeles5 beds, 2 full baths
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$355,000 : 1806 ASHMORE PL, Los Angeles1 bed, 1 full bath
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$749,000 : 1440 ALLISON AVE, Los Angeles3 beds, 3 full baths
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$639,000 : 2517 MARATHON ST, Los Angeles2 beds, 1 full bath
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$699,000 : 1432 WATERLOO ST, Los Angeles3 beds, 2 full baths
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$925,000 : 2453 ECHO PARK AVE, Los Angeles3 beds, 2 full baths
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$695,000 : 1517 PORTIA ST, Los Angeles3 beds, 2 full baths
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$729,000 : 1431 N CORONADO ST, Los Angeles3 beds, 2 full baths
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$799,999 : 1428 Laveta Terrace, Los Angeles3 beds, 2 full baths
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$549,000 : 2060 EL MORAN ST, Los Angeles2 beds, 2 full baths
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$899,000 : 1639 LANDA ST, Los Angeles3 beds, 2 full baths
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$1,299,000 : 2145 PARK DR, Los Angeles2 beds, 1 full, 1 part baths
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$675,000 : 1475 Scott Avenue, Los Angeles3 beds, 2 full baths
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$849,000 : 2023 Lemoyne Street, Los Angeles3 beds, 3 full baths
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$1,400,000 : 915 W KENSINGTON RD, Los Angeles4 beds, 1 full, 1 part baths
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$620,000 : 1612 South Baxter Street, Echo Park4 beds, 2 full, 1 part baths
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$1,150,000 : 2506 BERKELEY AVE, Los Angeles4 beds, 4 full baths
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$475,000 : 1186 West SUNSET Boulevard, Los Angeles3 beds, 1 full bath
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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