Sales Decline in Boyle Heights Real Estate Market

Home sales in the Boyle Heights market remained cool in this week's report as they dropped 33.3% to eight homes sold over the last 30 days. In comparison, the Southeast Los Angeles neighborhood had 77 sales in the same time frame, the most of all neighborhoods in the area. Months of inventory hit eight this period, extending an upward trend to four weeks. Along with the slip in sales, the higher-than-normal inventory indicates that Boyle Heights is a solid buyer's market.

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Demographic facts about Boyle Heights:

  • 68.4% of the people in this area are renters.
  • This area has a job growth projection of 25.8% for the next 10 years.
  • The student per librarian ratio in this area is 4,412:1. (803:1 = national average)

Data reported through 1/12/2017

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RE/MAX MASTERS REALTY
Wish Sotheby's Intl Realty
Snapped 1 home in this area
Michael Callon
Snapped 16 homes in this area

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