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Silver Lake Market Trends

Today, July 11, 2009

Median Sales Price in Silver Lake

Embed Info
1 yr 5 yr Max
Silver Lake median sales prices
Number of sold homes in Silver Lake
NeighborhoodApr - Jun '09y-o-y3 months prior1 year prior5 years prior
Silver Lake$545,000-14.0%$553,510$633,750$605,000
Los Angeles$280,000-33.3%$288,000$420,000$395,000
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Silver Lake Summary

The median sales price for homes in Silver Lake for Apr 09 to Jun 09 was $545,000. This represents a decline of 1.5%, or $8,510, compared to the prior quarter and a decrease of 14% compared to the prior year. Sales prices have depreciated 9.9% over the last 5 years in Silver Lake, Los Angeles.

The median sales price of $545,000 for Silver Lake is 94.64% higher than the median sales price for Los Angeles CA. Average listing price for homes on Trulia in Silver Lake was $780,712 for the week ending Jul 01, which represents an increase of 1.1%, or $8,399 compared to the prior week and an increase of 0.1%, or $778, compared to the week ending Jun 10. Average price per square foot for homes in Silver Lake was $397 in the most recent quarter, which is 62.70% higher than the average price per square foot for homes in Los Angeles.

 

Average Listing Price in Silver Lake

Embed Info
1 yr 5 yr Max
Silver Lake average property price
Silver Lake – number of properties
NeighborhoodWeek ending
Jul 1
w-o-wWeek ending
Jun 24
Week ending
Jun 17
Week ending
Jun 10
Silver Lake$780,712+1.1%$772,313$787,071$779,934
Los Angeles$1,215,735+1.6%$1,196,615$1,210,902$1,201,770
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Average Price Per Sqft for Homes in Silver Lake

Embed Info
1 yr 5 yr Max
Silver Lake average price per square foot
NeighborhoodApr - Jun '09y-o-y3 months prior1 year prior5 years prior
Silver Lake$397-18.0%$325$484$430
Los Angeles$244-37.1%$255$388$349
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Popular Neighborhoods in Los Angeles

Neighborhoods Week ending
Jul 1
w-o-w Week ending
Jun 24
Week ending
Jun 17
Hollywood Hills 1 — 1 1
Bel Air 2 — 2 3
Silver Lake 3 — 3 2
Hancock Park 4 +3 7 5
Eagle Rock 5 +4 9 8
Brentwood 6 — 6 7
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Homes for Sale in Silver Lake

1304 North Occidental Boulevard, Los Angeles CA
1304 N Occ…
$699,000
 
3633 Effie Street, Los Angeles CA
3633 Effie…
$300,000
2 br  1 ba
1661 North Benton Way, Los Angeles CA
1661 N Ben…
$749,000
3 br  1 ½ ba
2257 Cove Avenue, Los Angeles CA
2257 Cove…
$675,500
3 br  2 ba
3229 Descanso Drive, Los Angeles CA
3229 Desca…
$199,000
 
3016 Windsor Avenue, Los Angeles CA
3016 Winds…
$669,000
2 br  1 ba
View all Silver Lake Homes for Sale
 
Stats & Trends
Silver Lake, Los Angeles

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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
Echo Park
$295,000
$619,140
Los Feliz
$767,500
$1,622,266
Atwater Village
$415,000
$532,525
Wilshire Center / Koreatown
$450,500
$569,052
Glassell Park
$345,000
$512,760
Cypress Park
$250,000
$445,512
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Advice & Opinions

Recent Q&A in Los Angeles, CA

Q: How important is it to hire a real estate attorney to look over the contract before buying? 10 answers
Q: I WANT TO BUY A HOUSE WITH A FHA LOAN AT 3 1/2 PERCENT DOWN PAYMENT AND A 580 FICO. CAN ANYONE HELP ME? 2 answers
Q: I read that only 40% of short sales close. So what happens to the other 60%? 13 answers
Q: I WANT TO BUY A HOUSE WITH A FHA LOAN AT 3 1/2 PERCENT DOWN PAYMENT AND A 580 FICO. CAN ANYONE HELP ME? 1 answer
Q: WANTED: SHAMELESS REALTOR. I am looking to check out foreclosed properties in LA's west side. Will consider? 36 answers

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More Advice & Opinions:
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Nearby Neighborhoods Real Estate

  • Echo Park Real Estate
  • Los Feliz Real Estate
  • Atwater Village Real Estate
  • Wilshire Center / Koreatown Real Estate
  • Glassell Park Real Estate
  • Cypress Park Real Estate

Nearby Neighborhoods Sold Homes

  • Echo Park Sold Homes
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Nearby Neighborhoods Home Prices

  • Echo Park Home Prices
  • Los Feliz Home Prices
  • Atwater Village Home Prices
  • Wilshire Center / Koreatown Home Prices
  • Glassell Park Home Prices
  • Cypress Park Home Prices

Silver Lake Stats & Trends

  • Silver Lake Real Estate Overview
  • Los Angeles Schools
  • Los Angeles Community Info
  • Los Angeles Home Prices
  • Silver Lake Real Estate
  • Silver Lake Recently Sold Homes
Our real estate market trends page gives you a valuable overview of the Los Angeles real estate market. Find Los Angeles properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Los Angeles average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Los Angeles housing statistics are available for each Los Angeles, CA neighborhood.

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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.