New Downward Trend in Home Prices for East Los Angeles Real Estate Market

In this week's report, the number of homes sold in the East Los Angeles market fell to 28 over the past 30 days, a decrease of 6.7% from last week's report, but still above the monthly average. Meanwhile, close-by Los Angeles reported 2,302 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $372,500, extending a four-week long spiral.

Trying to find a home at a bargain price? Take a look at these affordable homes in East Los Angeles:

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

Demographic facts about East Los Angeles:

  • The median age of all homes is 54.
  • The job growth rating in this area is 72. (Scale: 1 = Worst, 100 = Best)
  • The average expenditures for each student in the area is $4,895. ($5,691 = national average)

Data reported through 10/12/2016

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