Market Snapshot Single Family Properties in Hancock Park for June 2023

[Monica Der]

In June 2023, the Hancock Park-Wilshire Single Family market saw a total sold volume of $22,866,525. The average sales price for properties in this area was $2,858,315, with a median price of $2,599,112. The average list price for active listings was $2,869,218, and the average days to sell a property was 46. The average sales price to list price ratio was 99.62%.

In terms of listings, 8 properties were sold, while there were 47 active listings and 8 pending listings. The minimum list price was $971,750, the median list price was $2,322,500, and the maximum list price was $9,200,000. The average days on the market for active listings was 101, and the average list price was $2,452,069. The average price per square foot for these listings was $507.29.

For closed sales, 8 properties were sold with a median list price of $2,647,500. The minimum price for a property sold was $925,000, while the maximum price reached $7,400,000. The average days to sell a property in this category was 46, and the average price sold was $2,858,315. The average price per square foot for these sales was $499.85.