SILVERLAKE - ECHO PARK
CONDOMINIUM SALES SILVERLAKE - ECHO PARK MARKET OVERVIEW - AUGUST
August 2013 Single Family Home sales were 34, more than 24 in August 2012 and 17% more than the 29 sales closed last month. This means August 2013 sales were greater than both last month and the same month prior year. The Average List Price for August 2013 was $715,791, compared to $663,392 for August 2012 and $653,507 for July 2013. That represents a 10% increase from last month. For JUN AUG 2013, the Average List Price is 4% higher than JUN - AUG 2012. Average Sales Price for August 2013 was $723,929, compared to the JUN - AUG 2013 Average Sales Price of $717,354. These results mean the Sale Price is trending up. Comparing August 2013 to last month saw a 7% increase in Average Sale Price, and a 10% increase compared to same month prior year.
CONDOMINUMS (CONDOS) JUN - AUG 2013 Average List Price Average List Price per Square Foot
ALL $444,294 $377.88
< $1M $444,294 $377.88
$1M - $3M $$-
> $3M $$-
Average Sold Price
$439,506
$439,506
$-
$-
Average Sold Price per Square Foot
$373.81
$373.81
$-
$-
Total Condos Sold
16
16
-
-
Total Condos for Sale at End of Period
8
-
-
-
1.5
-
-
-
99%
99%
0%
0%
Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio
CONDOS JUN - AUG 2012
ALL
< $1M
$1M - $3M
> $3M
Average List Price
$361,525
$361,525
$-
$-
Average List Price per Square Foot
$290.01
$290.01
$-
$-
Average Sold Price
$358,667
$358,667
$-
$-
Average Sold Price per Square Foot
$289.62
$289.62
$-
$-
Total Condos Sold
12
12
-
-
Total Condos for Sale at End of Period
8
8
-
-
2.0
2.0
-
-
99%
99%
0%
0%
Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio
CONDOS AUG/AUG COMPARISON
ALL
< $1M
$1M - $3M
> $3M
Average List Price
23%
23%
0%
0%
Average List Price per Square Foot
30%
30%
0%
0%
Average Sold Price
23%
23%
0%
0%
Average Sold Price per Square Foot
29%
29%
0%
0%
Total Condos Sold
33%
33%
0%
0%
Total Condos for Sale at End of Period Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)
55
0%
-100%
0%
0%
-25%
-100%
0%
0%
0%
0%
0%
0%