If you are searching for a house to buy in Echo Park these days, you know you are far from alone. In fact, the homes that sold within the past 90 days in the 90026 Zip Code, which includes most of Echo Park and a large chunk of Silver Lake, received an average of 10 offers, according to statistics from Redfin.
All that competition has certainly helped to heat up prices, with buyers in the 90026 Zip Code bidding up the average sales price to slightly more than 5% above the original asking price, according to Redfin.
The homes for sale in the 90026 Zip Code attracted the most offers during the 90 days in the Zip Codes followed by The Eastsider. Here’s the breakdown of the Redfin figures where they were available,