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Everywhere in Northeast LA Now Has a Median Housing Price Above $600k

Ten to fifteen years ago, almost no one had heard of Northeast LA’s real estate market – almost no one except (I’m sorry, I must push modesty aside for just a moment and call for a drum roll) – almost no one except yours truly.

Today, LA’s Northeast real estate market is the talk of the town. And we have been here from the beginning. No, before the beginning.

Let me share a piece from a recent Curbed LA article:

Last month, the Los Angeles housing market experienced its smallest price gains in three years, but you wouldn’t know it in some neighborhoods. Redfin has released the data for LA housing sales in September, and it’s becoming clear where people want to live these days: Northeast LA, along with hipster fave Echo Park, absolutely dominated the housing market last month, and all signs point to that trend continuing in the future. ….

Highland Park had a 17.9 percent jump in its median housing price, bringing it up to $615,900, more than $100,000 higher than just a year ago. Other Northeast LA neighborhoods saw a similar boost in median price, most notably Glassell Park (up 14.2 percent) and Eagle Rock (9.3 percent).

But the big winner in the eastish-side price wars was Echo Park, where the median price shot up 27.9 percent.

http://la.curbed.com/archives/2015/10/northeast_la_echo_park_housing_prices.php

LA’s Northeast real estate market is our world. Give me a call if you would like a tour – virtual or on the ground.