Real Estate Sales Statistics for 2022 Part 1 of 4 (by zip code)
Part 1 of 4: Real Estate Sales Statistics for 2022 by zip code:
Image 2: 90027 - 141 sales in Los Feliz in 2022. Prices ranged from $822,105-$6,950,000. I will highlight one sale in this zip code (and there were a number of great properties that sold). 5121 Franklin Ave. - Designed by Frank Lloyd Wright, known as the Sowden House, the exterior uses a textile block which creates the iconic Mayan style façade. The interior of the house is based around a central courtyard. It’s a stunning piece of architecture.
Image 3: 90039 - 183 sales in 2022 which encompasses a section of Silver Lake and Atwater Village. Sales prices ranged from $450,000-$4,650,000. Highlighting one home in this zip code… 1975 Redesdale Ave. - According to Zillow public records purchased for $2,175,000 in 2021. Sold in 2022 for $3,500,000. Close to Silver Lake reservoir, shops and restaurants, exquisite renovation of this Spanish Revival.
Image 4: 90041 - 162 sales in 2022 which encompasses Eagle Rock. Prices ranged from $675,000-$3,501,727 Eagle Rock saw four sales above three million, and 19 sales above 2 million. It felt like during the pandemic when one of the first homes sold for over 2 million it was mildly shocking, a milestone. (For sellers good, for buyers maybe not). Eagle Rock for years has had incredibly low turnover, around 3% of the homes sold every year. Never enough to satisfy the demand. During the pandemic it went up to more than 10% turnover of homes which was great that there were more homes for buyers to evaluate however the low cost to borrow money made it a frenzy where it was common to have more than 20+ offers on one house. The increase in home sales showed that people were going thru some fortunate or unfortunate life changes. Highlighting 5287 Townsend Avenue, one sale in 2022 that was a unique and artistically styled home, oozed with charm and had good vibes.
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