El Sereno Real Estate Market Hits Price Cuts Low Point

Price reductions have decreased in the El Sereno market, reaching a low that hasn't been seen since July. With the market starting to tighten, there were 47 homes sold over the last 30 days. In comparison, Glassell Park county led all other close-by neighborhoods with 21 price reductions. The median sales price dropped to $474,900 over the latest reporting period for El Sereno, down from $501,400. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that El Sereno is a definite seller's market.

You never know when the perfect home may come in the market so take a look at the new listings in El Sereno:

$619K   $518K   $484K  

Get started right now by checking out El Sereno homes for sale or reviewing El Sereno real estate trends.


Data reported through 10/12/2016

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