Have home prices gone up in value in 2019?

Every price point is different, obviously; but I am hoping that this example gives you a general idea about what has been going on with home prices so far in 2019.

As usual, I do expect a slowdown in the 4th quarter of the year (October, November, December)... that happens evey single year.

The market will then pick up again in January.

There's been a home buying frenzy in LA over the last 30 days.

I don't care about the article you just read discussing recent home selling data... this is what's really happening... this is how deals are going down in the Los Angeles area RIGHT NOW!

Below are the number of offers I have received on my personal listings over approximately the last 30 days.

The stats below will give you an inside look at the current market in the LA area.

6 offers - 4610 Densmore Avenue #9, Encino. Sold $15k above asking price.

3 offers - 7288 N Figueroa St, Los Angeles. Initially was in escrow for $35K above asking price, but because of extensive repairs needed to the home discovered during the inspection period, this property was sold $5k over asking price.

3 offers - 4610 Densmore Ave #11, Encino. Sold $10k over asking price.

5 offers - 3640 Emanuel Drive, Glendale. Still in escrow and can't disclose the exact price... but we are well over $1.1 million.

I can't speak on the activity other agents are getting, but I hope this info helps you to navigate LA's real estate market.

Best condo to sell this week in Encino

6 offers for my 6th listing at this Encino complex!

The sellers wanted to move the property as quickly as possible, so they took my advice and had the unit painted and staged.

It came out looking like a model unit!