Interested in Atwater Village Real Estate? You Will Want Our Valuable Expert Forecast
Interested in Atwater Village real estate? You will want our valuable expert forecast. Neatly packed between Silverlake, Los Feliz, and Glendale the small but mighty Atwater Village is a neighborhood known for its unique character and vibrant community of artists. If you’re curious about the local real estate scene, whether you’re a resident or considering a move, this report provides a comprehensive overview of the Atwater Village real estate market from June 9, 2023, to September 9, 2023. We provide a breakdown of the Atwater Village homes sold, the advantages of certain properties that Atwater Village cash buyers have, and the current Atwater Village homes for sale. Keep scrolling for your forecast!
Atwater Village Homes For Sale in Diverse Price Ranges across Varied Transactions
There are a range of features of Atwater Village homes for sale with prices to suit different budgets. Here’s a breakdown of properties sold in various price brackets, along with their average days on the market (DOM):
Atwater Village Real Estate Market: Entry-Level Options
In the $700,000 – $749,999 range, one property was sold, albeit with an average DOM of 97 days. We’d consider this to be more of an outlier since most of the homes here skew higher. The lower price range in the Northeast Los Angeles area attracts Atwater Village cash buyers.
Atwater Village Real Estate Market: Mid-Range Excellence
The market picked up steam in the mid-range segment. The $850,000 – $899,999 range saw two properties sold, both spending just 3 days on the market.
In the $950,000 – $999,999 range, three properties were sold with an average DOM of 23 days. You’re likely to find a fixer or tiny home in these ranges.
The next brackets are where the bulk of sales are landing.
Atwater Village Real Estate Market: Million-Dollar Milestone
The Atwater Village homes sold truly shined in the million-dollar range. In the $1,000,000 – $1,249,999 range, three properties were swiftly sold in an average of 5 days.
The $1,250,000 – $1,499,999 range featured seven properties sold with an average DOM of 12 days.
Atwater Village Real Estate Market: Luxury Living
The market continued to perform well in the luxury segment. In the $1,500,000 – $1,749,999 range, two properties were sold with an average DOM of 21 days.
The $1,750,000 – $1,999,999 range showcased four properties sold, each spending an average of just 9 days on the market.
Atwater Village Real Estate Market: Upper Echelons
The $2,000,000 – $2,249,999 range featured one property sold in 14 days.
As we moved to the $2,250,000 – $2,499,999 range, four properties found new owners, spending an average of 13 days on the market.
Atwater Village Real Estate Market: Summit of Luxury
The market’s peak was marked by the $2,750,000 – $2,999,999 range, where one property was sold in 14 days. It’s likely that this neighborhood will be sitting comfortably in this range in the years to come.
Market Summary
In total, 28 properties were sold in Atwater Village during this period, with an average DOM of 15 days. The market displayed its diversity, with a minimum sold price of $710,000 and a maximum of $2,826,000. The average sold price stood at $1,520,804, with the median price at $1,375,000.
Atwater Village Real Estate: Swift Sales, Desirable Homes, and Sizzling Market Trends
The Atwater Village real estate market has shown its resilience and diversity, offering a range of properties for different (higher) budgets. With an average day on the market (DOM) of 15 for Atwater Village homes sold, these moving swiftly, indicating a dynamic market. Homes here are desirable and therefore sell FAST. The neighborhood is known for its safety, convenience to the rest of Los Angeles, and beautiful Spanish architecture. No wonder it’s hot, hot, hot.
If you have specific questions or need tailored advice about properties in this neighborhood, don’t hesitate to reach out to local real estate experts. If you are Atwater Village cash buyers I am a property systems expert and fully understand the trapdoors and the appreciated value potential. Stay tuned for future updates as we continue to monitor and analyze the evolving trends in the Atwater Village real estate market.
I am a Californian born here in Los Angeles. As a top graduate of the AACSB internationally accredited California State University of Los Angeles School of Business and Economics, I have accelerated my career as a residential real estate advisor by combining my passion for California history, writing, architectural preservation, and extensive sales background. My marketing and negotiation skills, combined with community outreach have helped me build a solid reputation with our clients.
I am a Senior Real Estate Specialist (SRES®) working closely in the communities that we serve with our mature clients. When I am not listing or selling some of California’s finest homes, I turn my focus to early 20th-century California collectibles. My e-commerce business Golden State Decor on Etsy celebrates the rich history of the Golden State with one-of-a-kind procured items while contributing directly to the California Conservation Corps Foundation.
Architectural Property Specialist DRE:02134556
A Californian born here in Los Angeles, David has spent his whole life in California. As a top graduate of the AACSB internationally accredited California State University of Los Angeles School of Business and Economics, he has accelerated his career as a residential real estate advisor combining his passion for California history, writing, architectural preservation, and extensive sales background.
David is a Senior Real Estate Specialist (SRES®) holding certifications in Probate and Trust Sales and Accessory Dwelling Units. His marketing and negotiation skills, joined with community outreach have helped him build a solid reputation with his clients.
Recently he represented a record-breaking sale for the most expensive home ever sold in Echo Park at 744 Sq. Ft. On the buying side, he knows the terrain, from negotiation, strategy, emerging markets, and the geographic pockets where the hidden gems lay. He continues to empower his clients with this knowledge, helping them get closer to building wealth and financial independence.
When David isn’t listing or selling some of California’s finest homes, he turns his focus to early 20th Century California antiques and collectibles. His e-commerce business Golden State Decor on Etsy celebrates the rich history of the Golden State with one-of-a-kind procured items while contributing directly to the California Conservation Corps Foundation.
