| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Silver Lake | $522,500 | +0.6% | $580,000 | $519,272 | $667,000 | Los Angeles | $299,000 | -18.3% | $286,391 | $365,858 | $400,000 |
The median sales price for homes in Silver Lake for Aug 09 to Oct 09 was $522,500. This represents a decline of 9.9%, or $57,500, compared to the prior quarter and an increase of 0.6% compared to the prior year. Sales prices have depreciated 21.7% over the last 5 years in Silver Lake, Los Angeles.
The median sales price of $522,500 for Silver Lake is 74.75% higher than the median sales price for Los Angeles CA. Average listing price for homes on Trulia in Silver Lake was $689,821 for the week ending Nov 18, which represents an increase of 0.1%, or $886 compared to the prior week and an increase of 1.9%, or $13,057, compared to the week ending Oct 28. Average price per square foot for homes in Silver Lake was $381 in the most recent quarter, which is 46.54% higher than the average price per square foot for homes in Los Angeles.
| Neighborhood | Week ending Nov 18 | w-o-w | Week ending Nov 11 | Week ending Nov 4 | Week ending Oct 28 |
|---|---|---|---|---|---|
| Silver Lake | $689,821 | +0.1% | $688,935 | $687,667 | $676,764 | Los Angeles | $1,210,618 | +1.4% | $1,194,331 | $1,229,025 | $1,233,764 |
| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Silver Lake | $381 | -5.2% | $387 | $402 | $445 | Los Angeles | $260 | -16.4% | $248 | $311 | $368 |
| Neighborhoods | Week ending Nov 18 |
w-o-w | Week ending Nov 11 |
Week ending Nov 4 |
|---|---|---|---|---|
| Hollywood Hills | 1 | — | 1 | 1 |
| Bel Air | 2 | — | 2 | 2 |
| Los Feliz | 3 | +5 | 8 | 7 |
| Brentwood | 4 | -1 | 3 | 3 |
| Mid City | 5 | — | 5 | 4 |
| Silver Lake | 6 | -2 | 4 | 6 |
Market Trends
Fair Housing and Equal Opportunity
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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. |
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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. |
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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. |
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