Hancock Park is a historic and affluent urban neighborhood in Los Angeles, California roughly bounded by Van Ness Avenue to the East, Melrose Avenue to the North, La Brea Avenue to the West, and Wilshire Boulevard to the South. This neighborhood is surrounded Entertainment, Job opportunity's and Private schools include Marlborough School, a private girls' school, and Yavneh Hebrew Academy, an Orthodox Jewish school Pre-School - 8. Home prices are dropping daily and this is a prefect time for Buyer's to investment.
The median sales price for homes in Greater Wilshire / Hancock Park, Los Angeles for Jun 10 to Aug 10 was $650,000 based on 83 sales. Compared to the same period one year ago, the median sales price increased 35.4%, or $170,000, and the number of sales decreased 36.2%. Average price per square foot for Greater Wilshire / Hancock Park was $380, a decrease of 6.2% compared to the same period last year. There are currently 198 resale and new homes in Los Angeles on Trulia, including 3 open houses, as well as 114 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.
The average listing price for homes for sale in Greater Wilshire / Hancock Park was $1,367,744 for the week ending Sep 08, which represents a decrease of 5.8%, or $84,466, compared to the prior week. If you would like to view amazing homes in the Greater Wilshire/Hancock Park area. I'll be more then happy to assist to you.
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