thegoodlife

A boutique real estate brokerage servicing LA’s Eastside & beyond

Los Angeles Market Update

We’re still seeing very few homes for sale on the eastside, keeping buyer demand strong and price growth high despite rising interest rates. The amount of homes currently on the market in the eastside Los Angeles area is down 44% from May 2019, bringing NELA home values up 51% since the same period.

The average price for a home in LA’s eastside zips combined is currently $1,443,259. Homes are spending a little less than 2 weeks on the market before accepting an offer, having received multiple offers and closing a median of 19% over the asking price.

Everyone is wondering if the market will cool with these significantly higher interest rates but we’ve yet to see a decrease in the number of available buyers for each home, keeping competition fierce. 

Recent Posts

How Important Are Listing Photos?

How Important Are Listing Photos?

According to the National Association of Realtors 2021 Profile of Homebuyers and Sellers 95% of buyers use the internet in their home search. And what's the first step getting a buyer's attention on the internet? Beautiful photos, of course! A home's listing photos are one of the most important...

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Preparing Your Home for Photos

Preparing Your Home for Photos

Professional photos will help you get top dollar for your property, but even the best photos can't mask a home that looks dirty or cluttered. Here are some things you can do to make your home look it's best in photos:underneath it all Sweep, vacuum, and/or mop Wipe dirt and smudges from walls...

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SOLD: 4111 W. Sunset Blvd #547 in Silver Lake

SOLD: 4111 W. Sunset Blvd #547 in Silver Lake

Sometimes a home is so coveted that it finds a buyer before it even hits the market. This incredible 2-level 1bd, 2ba 1,620 sq ft Sunset Junction live/work loft sold to the tenants who had already been living in it and adoring it for years. They caught wind the seller was considering selling and...

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