Chinatown Real Estate Market Sees Sales Increase

The Chinatown market got good news in this week's report, as the number of home sales climbed 100.0%, pushing the total to two homes sold over the last 30 days. Within the same time frame, the El Sereno neighborhood had 47 sales, the most of all neighborhoods in the area. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose dramatically to $1,869,500 this week.

Being aware of new listings is a great exercise in finding the right home so take a look at these in Chinatown:

$499K   $360K   $1.7M  

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

Demographic facts about Chinatown:

  • The population growth rating is 61. (Scale: 1 = Worst, 100 = Best)
  • You can expect to pay property taxes at a rate of $7.73/$1,000.
  • People in this area have a commute time breakdown of: <15 min (32.5%), 15-29 min (20.2%), 30-44 min (37.7%), 45-59 min (1.5%), >60 min (8.1%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Keller Williams Realty Los Feliz
3 reviews
Realty Source Incorporated
Snapped 1 home in this area
Dilbeck Real Estate
Snapped 2 homes in this area

Agents that specialize in this area
1 snap in this area
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