January 18, 2007

'Least Changed' and Proud Of It

Top of the bubble, anyone? Realtor Eugene Ridenour summarizes the year that was in real estate, 2006 in Atwater Village, on his East Side Real Estate blog:

Atwater Village (90039):

  • Homes sold: 52 (-2% change from same period 2005)
  • Median home price: $662,500 (+6% from 2005)
  • Median home size: 2 bedrooms; 1 bath; 1,110 square feet on a 5,400 square foot lot; built in 1926.
  • High home sale: $789,000 (-27% change from same period 2005).
  • Condos sold: 1 (-50% change from same period 2005)
  • Median condo price: $375,000 (-6% change from same period 2005)
  • Median condo size: 2 bedrooms; 1 bath; 930 square feet.

"The market in Atwater Village seemed the least changed in the area. $600,000 will get you a nice 2 bedroom, 1 bath starter home here. Condos (there are 40 only) play a minuscule role here, but remain the best values around among 2 bedroom condos."

More on Los Feliz, Silver Lake and Echo Park here.

1 comment:

Eugene Ridenour said...

Please note that some of the content in this post is from an article a fellow Realtor (Richard Stanley, Coldwell Banker) has written in his Los Feliz Ledger column. thanks - Eugene Ridenour