In 2019 there were 86 sales in Windsor Square and Hancock Park. (90 in 2018)
Homes spent an average of 61 days on the market in 2019, with an average price of $3,323,114. (58 days and $3,557,378 in 2018)
The homes that sold in 2019 were, on average, 11% smaller than those that sold in 2018.
Average price per sq ft in 2019 was $858, compared to $849 the previous year.
3.5% - 4.8% of homes in the neighborhood sell each year, with the number of sales increasing each year, based on the last 5 years.
Recently renovated homes sold for the highest price per square foot at $950/ft. They also sold quickly, 23% faster than the neighborhood average. Homes that are “fixers” (deemed to need a LOT of work) also sold quickly, but sold for an average of $768/ft.
Properties that aren’t fixers, but whose last update was 10 years ago or longer, took 22% longer to sell than the neighborhood average, and sold for an average of $823/ft.
Spanish homes made up 24% of the sales this year and sold closest to list price than any other style of architecture coming in at 99.47% of list. The average is 97.32%.
77% of all the homes in Hancock Park are owner occupied.
69 homes in the neighborhood have not sold in the last 40 years.