The Real Estate market is heating up all across Los Angeles, and certain neighborhoods are experiencing a surge.
The median sales price for homes in Hancock Park rose 16% during the first quarter of 2017 when compared to this time last year, while home prices in Brentwood, Cheviot Hills, and Beverly Hills are all up more than 35%.
As expected, the sales volume for homes in these neighborhoods is also up significantly—over 30% higher than last year:
That means more homes are selling, and sellers are seeing a significantly higher return from the sale of their home right now than in 2016. If you are considering selling your home, now is the time to act!
Contact Me to learn how I can help facilitate the sale of your home! I can send you comps specific to your home.
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