Echo Park Market Update: Why Buyers Are paying 106% of Asking Price in December 2025

The holidays are approaching, but the Echo Park real estate market isn’t slowing down. In fact, for single-family homes, the competition is heating up. If you are looking to understand the current pulse of the Eastside, the latest data reveals a distinct Seller’s Market for both houses and condos. With homes selling in as little as 21 days and often well over the list price, accurate strategy is more critical than ever.

Single-Family Homes: Fast Sales and Competitive Offers

The single-family residence (SFR) market in Echo Park is showing incredible strength as we close out the year. The defining statistic for December 2025 is the Sold to List Price percentage, which currently sits at 106.5%. This indicates that, on average, sellers are receiving offers significantly above their asking price, signaling a highly competitive environment for buyers.

Inventory remains tight, with a 3.64-month supply of homes , firmly categorizing Echo Park as a Seller’s Market. Speed is also a factor; the median time a property stays on the market (RPR) is just 21 days.Curious how these market shifts impact your home’s value in Echo Park? Whether you are weighing a move in Echo Park or exploring other Los Angeles neighborhoods, I am here to help you interpret the numbers. I’m always happy to walk through the data with you and talk strategy to ensure you feel confident in your next step.

If you would like to see the specific homes driving these numbers, you can view the full Echo Park Market SFR Report here.

The Condo Market: A Balanced but Strong Alternative

While single-family homes are seeing aggressive bidding, the condo and townhouse market in Echo Park offers a slightly different, though still robust, dynamic. The Median Sold Price for condos is currently $823,000 , compared to the $1,400,000 Median Sold Price for single-family homes.

Condos are also in a Seller’s Market , but with even tighter inventory at just a 2.25-month supply. However, the bidding wars are slightly less intense than the SFR market, with the sold-to-list price ratio hovering right at 100.3%. You can view the full Echo Park Market CONDOS Report here.

Key Market Statistics at a Glance

• Median Sold Price (SFR): $1,400,000 (Up 0.9% Month-over-Month)
• Median Sold Price (Condo): $823,000
• List to Sold Price (SFR): 106.5%
• Median Days on Market (SFR): 21 Days

For a deeper dive into how these trends compare to neighboring areas like Silver Lake or Highland Park, let’s chat, and I’ll customize a Comparative Market Analysis (CMA).

What This Means for You

For sellers, the high list-to-sold percentage suggests that pricing your home correctly can trigger competitive multiple-offer situations. For buyers, particularly in the SFR market, be prepared to move quickly and structure your offers aggressively.

Whether you are looking to trade up from a condo to a single-family home or are entering the Echo Park market for the first time, having a data-backed strategy is essential. Let’s Connect to discuss your options before the new year begins.

Curious how these market shifts impact your home’s value in Echo Park? Whether you are weighing a move in Echo Park or exploring other Los Angeles neighborhoods, I am here to help you interpret the numbers. I’m always happy to walk through the data with you and talk strategy to ensure you feel confident in your next step.

Melissa Menard REALTOR® | Compass
Echo Park & Surrounding Areas Los Angeles
📞 310.729.9726 | DRE# 01858710
📧 melissa@melissamenardhomes.com
🌐 www.MelissaMenardHomes.com

All statistics referenced are based on December 2025 data from Realtors Property Resource® (RPR) for the Echo Park neighborhood in Los Angeles and are considered reliable but not guaranteed.