Sales Decline in Highland Park Real Estate Market

The Highland Park market slowed with a 30.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 8.0 monthly average with seven homes sold. In comparison, the El Sereno neighborhood had 41 sales in the same time frame, the most of all neighborhoods in the area. Potential buyers should note that prices are coming down in Highland Park, and for this period the median sales price slid from $612,000 to $599,000. With only three months of inventory to sell, Highland Park is a seller's market, in spite of the dip in sales.

Curious as to which homes have been getting the most attention in Highland Park? These listings have stirred up interest and produced the most views:

$399K   $699K   $330K  

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

Demographic facts for Highland Park:

  • This area has a rating of 61 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • This area has 257.5 physicians per 100,000 people.
  • The health cost index score in this area is 110.6. (100 = national average)
  • Residents who travel to work by car account for 60.6% of all commuters, while carpools account for 13.2%, and public transit makes up 15.5%.

Data reported through 10/19/2016

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RE/MAX MASTERS REALTY
Keller Williams Realty Los Feliz
Snapped 2 homes in this area
Dilbeck Real Estate
Snapped 13 homes in this area

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