Market snapshot for Los Angeles, CA 90027 also known as Los Feliz...

By
Real Estate Agent with Berkshire Hathaway HomeServices California Properties 01238708

Market snapshot for Los Angeles, CA 90027 also known as Los Feliz... close to Griffith Park and the Grifith Observatory.

www.endrebarath.com

The warm weather year-round makes outdoor activities like biking and kayaking possible all year long. With its convenient location within close proximity to downtown LA and Hollywood too, 90027 is the perfect spot for those looking for a big city experience with easy access to both urban and suburban life. 

www.endrebarath.com

Fri Nov 24 2023
This week the median list price for Los Angeles, CA 90027 is $2,650,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has increased to 43.

 

www.endrebarath.com

In the last few weeks, the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Just to be clear I love Altos Research they always include UpToDate information. They also include off market sales not just the MLS listed sales. Hence you get a true picture of the Market Snapshot.

www.endrebarath.com

Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 ( m) homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com I contribute a portion of my commission to local animal rescue organizations. Endre Barath, Jr. Realtor at Berkshire Hathaway HomeServices California Properties DRE#01238708

 

Comments (18)

Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Look at you, keeping up with John Pusa and his daily reports!  Now we know what is going on in Los Feliz!!!

Nov 25, 2023 04:23 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Endre. Not only do you get me dreaming about hillside home designs with your listings, now you have me California Dreaming with your local market reports. Between you and John Pusa I am going to need a couple of aspirin to go with my coffee, ha, ha. Enjoy your day. 

Nov 25, 2023 05:23 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Endre... your home sale prices always make me sit up and take notice. Today the rent price also made me sit up and take notice!

Nov 25, 2023 06:49 AM
John Pusa
Glendale, CA

Hello Endre Barath, Jr. very good market report for Los Feliz area.  Los Feliz is one of my favorite area to visit.

Nov 25, 2023 07:01 AM
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 and Home Specialists

Endre, Your sale figures consistently grab my attention, and the lease costs also caught my eye! 

Nov 25, 2023 11:06 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre I would have to write a WHOLE LOT of mortgage loans to afford those prices.  😜

Nov 25, 2023 04:30 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Brian England  there are three zip codes I watch closely and post about.... then there are another eight that I seldom post about, Endre

Nov 25, 2023 08:30 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Wayne Martin  I read somewhere that instead of aspiring have an apple and it would be better especially in the morning:)Endre

Nov 25, 2023 08:31 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nina Hollander, Broker  funny you should say that, I was actually considering targeting lease clients who do not want to buy in today's market:)Endre

Nov 25, 2023 08:32 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

John Pusa  I sold a few homes in Los Feliz, I should post about the Frank Loyd Wright home since I sold one two doors down from there:)Endre

Nov 25, 2023 08:35 PM
John Pusa

Endre Barath, Jr. Frank Loyd Home is popular home in Los Feliz. You should post about sold a home two doors from Frank Loyd Home.

Nov 26, 2023 10:05 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400  interestingly these rent prices are OK compared to Beverly Hills, Bel Air and Malibu to name a few:)Endre

Nov 26, 2023 08:37 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

George Souto  my friend stop slacking and start writing those loans:))))Endre

Nov 26, 2023 08:38 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Los Angeles home buyers and sellers are sure to value your real estate market report, Endre.

Nov 28, 2023 08:10 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Hi Endre! As I mentioned on one of your reports a couple of weeks ago, those rental rates are astonishing.

I know someone in your area who that is all she does are rentals! She makes bank and plays golf the rest of the day! It's insane how much your homeowners pay agents to find them tenants there. 

Dec 03, 2023 08:31 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Myrl Jeffcoat  thank you for your comment, Endre

Dec 03, 2023 08:33 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debe Maxwell, CRS  there are many agents who do not understand that you can charge more for lease and land listings if you know what you are doing.... I have been over the past 26+ years and those who do not want to I tell them go see another agent, Endre

p.s.: even repeat clients understand my value

Dec 03, 2023 08:35 PM
Debe Maxwell, CRS

And, that's exactly why they are repeat clients - they KNOW your value, Endre Barath, Jr. and YES, it's crazy how little agents get to find tenants for homeowners here. As for land, I also know that - and charge it! There's a LOT more involved than a simple resale as you well know!

Dec 03, 2023 09:04 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debe Maxwell, CRS  there are a majority of agents who subscribe to the low commission theory to get a listing.... just like there are others who subscribe to the theory of high pricing and not what the market calls for, Endre

Dec 03, 2023 09:27 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Yep, you HAVE to know your market, for SURE!

Dec 03, 2023 09:32 PM
Endre Barath, Jr.

we are on the same page Debe Maxwell, CRS 

Dec 03, 2023 09:42 PM