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LA Digs - Northeast LA Real Estate Blog

Welcome to LA Digs, the real estate and Northeast Los Angeles community blog written by Realtors Tracy King and Keely Myres.

Here, we share tips, market updates, and local news bits to keep you informed on what's happening in Northeast Los Angeles and the surrounding neighborhoods. Read on to learn about the latest in your neighborhood!

October Sales: Eagle Rock, 90041

Here are the closed sales during the month of October in Eagle Rock*:

October Sales_ 90041-2 copy

Here's what you need to know about these numbers:

  • October of 2010 there were 10 sales (compared with 15 October sales this year, an increase of 50%)

  • The average sales price in October 2010 was $491,556 (compared with 386,537, a decrease of 21%)

  • In October 2010, two of the sales were short sales, and one was an REO.  This year there were five distressed sales (1 short sale and 4 REOs).   That's actually roughly the same percentage - 30-33% of closed sales are distressed properties.

*Single-family home sales in the 90041 zip code only.

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