New Growth Trend in Price Cuts for Southeast Los Angeles Real Estate Market

This week in the Southeast Los Angeles market, sales inched up to 71 homes sold over the last 30 days, which might be due in part to a prolonged upward trend in price reductions, with 77 being reported in the same time frame. Months of inventory in Southeast Los Angeles was flat at four but prices came down, as the median sales price dropped to $336,000.

For a potentially great deal, make sure you look at these listings that had large price cuts in Southeast Los Angeles:

$459K   $659K   $290K  

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

Demographic facts about Southeast Los Angeles:

  • This area has a rating of 61 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $7.73/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (11.4%), 15-29 min (35.0%), 30-44 min (33.0%), 45-59 min (7.4%), >60 min (13.2%).

Data reported through 10/12/2016

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Ask a local expert about this area:
Keller Williams Realty Los Feliz
Snapped 2 homes in this area
Keller Williams Realty Pacific Playa
Snapped 4 homes in this area
Excel Real estate
Snapped 1 home in this area

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