What Sold in the Alhambra CA Emery Park Neighborhood in 2016?

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Real Estate Agent with Coldwell Banker Residential Brokerage CalBRE #01165532
https://activerain.com/droplet/4YLW

What Sold in the Alhambra CA Emery Park Neighborhood in 2016?

 

This is a real estate market activity report for the Emery Park neighborhood in the city of Alhambra which is located in the West San Gabriel Valley in Los Emery Park Homes in AlhambraAngeles County.   In this report I will share information for sales activity for 2016 with a comparison to the last four years.  In addition, I will recap the number of homes on the market for sale and in escrow.

 

Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the neighborhood.

 


This historic Alhambra neighborhood has tremendous architectural diversity with character and traditional style homes on its tree-lined streets as well as Alhambra Modern Homes with a Viewlarger and more modern homes(many with views) in the Emery Park Hills.   

 

For purposes of this report, I extend the boundaries just slightly of what is traditionally thought of as Emery Park and include homes in the Emery Park Hills as well.  So homes in this report are located: south of Main Street, west of Fremont Avenue, Concord as the southern border and the Alhambra/Los Angeles city limit on the west.  



Emery Park Neighborhood in AlhambraHistorically, this has been a fairly low turnover neighborhood where homeowners have lived in the neighborhood not just for years but often for decades. The area is highly convenient to shopping, dining and entertainment venues along Main Street as well as Valley Boulevard.  Transportation via freeways is easily accessible.  Emery Park is located just east of Downtown Los Angeles and not far from both California State University, Los Angeles(Cal State LA) and East Los Angeles College(ELAC).

 

Emery Park Homes in Alhambra   

 

  • 2016 saw a terrific uptick in sales activity in the Emery Park neighborhood with 40 mls-reported closed sales.  These transactions ranged from $395,000 to $830,000 with an average sales price of $573,237(median sales price $572,500).  Over 60% sold at or above last list price for an average 99.85% and $430.25 per square foot for the year. I'd like to share one example with you. Last year, a home sold in the Hills for $500,000(a ridiculously low price even for a fixer). It later sold as flip for $830,000(list price $749,000) whcih considering its approximate 1701 square feet and pretty good view was still a good value.

 

  • In 2015 there were 26 sales reported which ranged from $392,700 to $772,000 with an average of $571,650(median $557,700).  They sold at 99.45% of last list price and for an average price per square foot of $384.04.  

 

  • There were 22 closed sales in 2014.   The transactions ranged from $430,000 to $870,000 with an average price of $560,910(median $560,000).   They sold at an average 101.58% and for $389.54 per square foot for the year.

 

  • In 2013, there were 27 transactions ranging in price from $302,500 to $730,000 with an average sales price of $500,241(median $470,000).

 

  • There were 17 Emery Park homes sold in 2012.   The average price was $412,942(median $390,000).

 

  • There are just three Emery Park homes on the market for sale ranging from $577,000 to $625,000 with no homes currently in escrow.   I believe this to be one of the best real estate values for single family homes in the West San Gabriel Valley and judging by the increase in the number of sales in 2016, it appears there were many who agree.

     

Emery Park Alhambra Neighborhood

 

 

 

The mix of sales, size of the properties, location within the Emery Park neighborhood, condition, updates(or lack thereof) and other factors play a role when looking at the numbers in a report such as this.  A more detailed look at an individual property to determine the best possible list price and Homes in Alhambra Emery Park Neighborhoodmarketing strategy for a homeowner who may be considering selling is always advised.   

 

The same is true for buyers who are considering a purchase....price is important but so are terms.   I am finding that many of today’s buyers are very aware of value and properties that are well-priced and well-presented are receiving the greatest amount of attention from the start.   

 

Let’s discuss what is important to you whether you are considering selling or buying in this historic Alhambra neighborhood, elsewhere in the city or in any of the many areas I cover in my real estate practice.    I can be reached at 818.516.4393 cell.

 

What is My Emery Park Home Worth

 

Published:   January 13, 2017

 

What Sold in the Alhambra CA Emery Park Neighborhood in 2016?



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Rainmaker
4,315,260
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

Good morning, Michael Jacobs it's nice to know there are affordable older subdivisions in your area.... I love the variety of styles in this area...anyone who is considering a purchase or selling would be wise to call you for guidance....

Jan 13, 2017 03:34 AM #1
Rainmaker
884,714
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Michael Jacobs - My husband grew up in MPK and that is why I am so familiar with the San Gabriel Valley.  You do a great job with your neighborhood market reports. Buyers and sellers are in good hands with your knowledge and expertise of Alhambra and the entire San Gab Valley.

Jan 13, 2017 04:05 AM #2
Rainmaker
2,859,669
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

 I like the Alhambra neighborhood architectural diversity. So much variety in this interesting area. 

Jan 13, 2017 04:53 AM #3
Rainmaker
2,683,576
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning Michael. What a great neighborhood. Emery Park sellers and buyers need your guidance! Enjoy your day! 

Jan 13, 2017 05:18 AM #4
Rainmaker
4,306,177
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Michael. Thanks for the information and update for the Emery Park neighborhood in  Alhambra CA.

Jan 13, 2017 05:28 AM #5
Rainmaker
1,999,221
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

There is such a great architectural style within Emery Park and I am certain that it is a highly desired area!

Jan 13, 2017 06:03 AM #6
Ambassador
1,695,660
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

With only three available homes for sale in Alhambra-ca-Emery-Park-neighborhood- Buyers should call you Michael Jacobs  for an appointment to find what is important to them . These homes will not last .

Jan 13, 2017 06:38 AM #7
Rainmaker
2,896,742
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Thank you very much for stopping by and your comments on this market update of homes in the Emery Park neighborhood of Alhambra.   

Jan 13, 2017 07:33 AM #8
Ambassador
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Hi Michael

I love the eclectic nature and diversity of the Emery Park neighborhood. I can certainly understand the popularity, as reflected in the busy market for 2016!

Jeff

Jan 13, 2017 07:41 AM #9
Rainmaker
3,773,306
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Michael,

What a great variety of architectural styles in Alhambra's Emery-Park! The architecture of the third picture reminds me of several like buildings on Olympic Boulevard on the West Side.  One of our friends lived there!  A

Jan 13, 2017 10:59 AM #10
Ambassador
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

This is a great series you are doing with a look back at activity for the previous year.  This neighborhood has so many different looks.  Very cool.

Jan 13, 2017 11:09 AM #11
Rainmaker
2,013,255
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

I had no idea Alhambra has such an affordable neighborhood filled with such character as Emery Park. Love your photos, Michael, and the report. Especially that striking Tudor! What a remarkable house.

Jan 13, 2017 11:18 AM #12
Rainmaker
1,975,355
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

Only three available homes? Won't last long! Call Michael quick or you will miss your chance to live in this beautiful area!

Jan 13, 2017 11:37 AM #13
Ambassador
3,336,608
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Michael- once again, you show that you are indeed the local expert for Pasadena, CA!  

Jan 13, 2017 04:47 PM #14
Rainmaker
3,236,042
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Michael

The Emery Park Neighborhood in Alhambra is Architecturally pleasing and in demand.

Good luck and success.

Lou Ludwig

Jan 13, 2017 05:49 PM #15
Rainmaker
2,751,601
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael I hope you contributed aggressively to these "sold" statistics and hope future sellers and buyers will take note as well, Endre

Jan 13, 2017 09:45 PM #16
Rainmaker
2,784,176
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Gret catch for flippers eyeing this area....restoring and updating can have its merits !  Bet your Flipper list has watchful eyes on this area.

Jan 14, 2017 02:10 AM #17
Rainmaker
1,745,110
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

I really like the diversity of some great architectural designs in this part of Pasadena. For Buyers to find the best values and know where to go to discover unique and a beautiful location to live I recommend contacting Michael Jacobs

With your guidance buyers can't go wrong and the hunt to find that forever home, or the future home, is just a matter of quality time spent with you, Michael.

Jan 14, 2017 11:01 AM #18
Rainmaker
2,896,742
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Thank you very much for stopping by and your comments on this real estate market activity for the Emery Park neighborhood in the city of Alhambra.  

Jan 14, 2017 08:29 PM #19
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Michael Jacobs

Los Angeles Pasadena Area Real Estate 818.516.4393
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