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Jane Peters' Blog

By Jane Peters | Agent in Los Angeles, CA

Top 10 Los Angeles Neighborhoods for Real Estate Sales

If you are thinking of buying or selling a home in Los Angeles, it may be of interest to you see where the most homes have sold over the past 90 days.

Top 10 Los Angeles Neighborhoods for Real Estate Sales

Of course the neighborhoods will reflect only those covered on this site except for Studio City.

Top ten los Angeles neighborhoods for real estate sales | single family homes

1.  Hollywood Hills West – Sunset Strip – 111

This is a trendy neighborhood, north of Sunset into the hills, roughly bordered by La Colina to the west and La Brea to the east.  This is a much sought after area with multi-million dollar homes and spectacular views.

111 homes sold
Low price $400,000. High price $11,000,000.  Median price $1,300,000.  Average sq. ft. 2,920.45.

Hollywood Hills homes for sale

2.  Palms – Mar Vista - 101

Palms – Mar Vista are combined in the Multiple Listings Service (MLS).  Palms is the oldest neighborhood in Los Angeles, and together with Mar Vista, one of the more affordable Westside neighborhoods with some of the best views.

101 homes sold
Low price $347,000.  High price $2,047.  Median price $749,000.  Average sq. ft. 1,595.46

Palms – Mar Vista homes for sale

3.  Westchester – 88

Westchester is located near Los Angeles International Airport, a suburban community with some of the more affordable housing in the L.A. area.

88 homes sold
Low price $385,000.  High price $1,954,000.  Median price $660,000.  Average sq. ft. 1,674.05.

Westchester homes for sale 

4. Pacific Palisades – 73

Pacific Palisades is an upscale neighborhood to the West of Brentwood, with a network of six canyons running from the Santa Monica Mountains to the ocean and creating lush landscapes and spectacular views.

74 Sold
Low price $870,000.  High price $11,200,000.  Median price $2,287,500.  Average sq. ft. 3,526.78.

Pacific Palisades homes for sale

5.  Silver Lake - Echo Park - 72

The hilly neighborhoods of Silver Lake and Echo Park, northwest of Downtown Los Angeles are also combined on the MLS.  Silver Lake, with wonderful views,  is a well-established hip neighborhood with some of the most famous modernist architecture in the U.S.  Echo Park, a little more affordable is fast becoming the new Silver Lake and one of the top ten growing neighborhoods in the U.S.

72 Sold
Low price $223,000.   High price $1,670,000.  Median price $628,450.  Average sq. ft. 1,576.77

Silver Lake Echo Park homes for sale

6.  Venice – 70

Venice, known around the world for its  kooky beach promenade, is fast becoming gentrified.  Abbott Kinney, with its high-end restaurants, boutiques and galleries is a popular Los Angeles entertainment destination.

70 Sold
Low price $560,000.  High price $5,000,000.  Median price $1,100,000.  Average sq. ft. 1,959.03.

Venice homes for sale

7.  Culver City – 67

Culver City is an up-and-coming incorporated city with a thriving, growing downtown area and new metro connection from Downtown Los Angeles, to be continued to Santa Monica.  Culver City is still one of the more affordable neighborhoods in Los Angeles.

69 Sold
Low price $325,000.  High price $1,070,000.  Median price $690,000.  Average sq. ft. 1,501.44.

Culver City homes for sale

8.  Santa Monica - 63 (tied with Brentwood)

Santa Monica is an incorporated city with several distinct neighborhoods, and varying affordability.  Because of its proximity to the ocean and areas of walkability and good school district, Santa Monica is a popular choice for home buyers.

63 Sold
Low price $650,000.  High price $5,200,000.  Median price $1,725,000.  Average sq. ft. 2,970.64.

Santa Monica Homes for Sale

8.  Brentwood – 63 (tied with Santa Monica)

Brentwood is an upscale neighborhood to the east side of Santa Monica.  With a high walkability score, high-end shops, dining, and good schools, it is a popular area for home buyers.

54 Sold
Low price $825,000.  High price $14,200,000.  Median price $1780,483.  Average sq. ft. 3,292.79.

Brentwood homes for sale

10.  Malibu – 60

Malibu, stretching approximately 21 miles along the coast,  is known the world over as a beach community, home to the rich and famous.

60 Sold
Low price $875,000.  High price $36,843,890.  Median price $2,017,500.  Average sq. ft. 3,391.96

Malibu homes for sale

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Top ten los Angeles neighborhoods for real estate sales | condos

1.  Westwood – Century City – Sold 146.  Median price $590,000.

2.  Santa Monica (tied with Downtown L.A.) – Sold 129.  Median price $695,000

2.  Downtown L.A (tied with Santa Monica) – Sold 129.  Median price $385,000.

4.  West Hollywood – Sold 91.  Median price $440,000.

5.  Marina del Rey – Sold 77.  Median price $625,000.

6.  Culver City – Sold 48.  Median price $288,450.

7.  Brentwood – Sold  44.  Median price $645,000.

8.  West Los Angeles – Sold 43.  Median price $548,000.

9.  Playa del Rey – Sold 42.  Median price $368,500.

10. Playa Vista – Sold 41.  Median price $500,000.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding searvice while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.



Read more: http://www.homejane.com/top-ten-los-angeles-neighborhoods-for-real-estate-sales.html#ixzz2AtfoC1ww

Comments

By Sharon Paxson,  Thu Nov 8 2012, 20:50
Love this top ten list!
By Jane Peters,  Thu Nov 8 2012, 21:02
Thank you.

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