MARKET WATCH: A Recap of Real Estate Sales
ECHO PARK — During the last three months, the average sales price for about 50 single-family homes and condos was $917,192, according to Redfin.com. More than a dozen homes sold for a million dollars, including a $2.275 million property that set a record high price for the neighborhood.
The average home that was sold had 2.5 bedrooms, 1.7 baths and 1,114-square-feet of space.
Want more numbers? Here you go:
- Most Expensive Home Sold: $2.275 million for a 3-bedroom, hillside contemporary on more than a half acre of property
- Average Selling Price Per Square Foot: $712
- Average Time On Market: The average home lasted 54.5 days
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