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Echo Park Real Estate Market Update: January 2026 Trends & Insights

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Echo Park Real Estate Market Update: January 2026 Trends & Insights

Data slide illustrating median sold price trends for single-family residences in Echo Park.
Map of Echo Park overlayed with text reading Echo Park Market Update January 2026 A High-Velocity Forecast.

As we kick off the new year, the Echo Park real estate market is showing distinct signs of energy, particularly for sellers. Whether you are looking to list your historic bungalow or find a modern condo near Sunset Blvd, understanding the current pace of the market is crucial. The data from December 2025 reveals a brisk environment where well-priced homes are moving quickly and often commanding over the asking price.

Text slide titled The Market is Accelerating, describing brisk inventory conditions and speed as defining factors for 2026.

A Seller’s Advantage Persists

The prevailing theme for Echo Park as we enter January 2026 is tight inventory driving competition. For Single Family Residences (SFR), the market remains robust. The median sold price has reached $1,495,000, marking a 5.23% increase month-over-month.

Graphic showing a white single-family residence exterior and a median sold price of 1,495,000 dollars with a 5.23 percent month-over-month increase.

Perhaps most telling is that sellers are receiving, on average, 103.8% of their list price. This suggests that multiple offer scenarios remain common for desirable properties.

Speed and Inventory

Speed is the name of the game right now. The median days in RPR (Realtors Property Resource) for single-family homes is just 13 days. This rapid turnover is fueled by limited supply; we are currently seeing 2.64 months of inventory for single-family homes.

Graphic displaying 13 days median time on market and 103.8 percent average list-to-sold price ratio.

The Condo and Townhouse market is even tighter. Inventory has dropped significantly to just 1.35 months—a decrease of roughly 43% from the previous month. With such limited options available, buyers in the condo market need to be decisive.

Chart titled The Inventory Squeeze showing a 43 percent decline and 1.35 months of supply for condos and townhouses.

Despite the inventory squeeze, the condo market remains an accessible entry point into the neighborhood. The median list price for condos currently sits at $649,000.

Interior photo of a living room with text stating the median list price for condos and townhomes is 649,000 dollars.

January 2026 Market Snapshots

  • SFR Median Sold Price: $1,495,000 (Up 5.23% MoM).
  • SFR List-to-Sold Price: 103.8%—Buyers are paying a premium.
  • SFR Market Pace: Homes are spending a median of only 13 days on the market.
  • Condo Inventory: Extremely tight at 1.35 months supply.
  • Condo Pricing: Median list price is $649,000.

Echo Park continues to demonstrate its resilience and appeal. For sellers, the data suggests that demand is outpacing supply, creating favorable conditions to maximize return. For buyers, the key is preparation—having your financing in order and being ready to act quickly is essential in a market moving this fast.

Text graphic titled Your Strategy for 2026 outlining approaches for sellers to maximize return and buyers to prepare financing.

Are you curious how these neighborhood trends impact the value of your specific home? I’m here to help you navigate these numbers. Reach out today for a personalized strategy session.

Marketing graphic featuring a hallway interior, Melissa Menard Compass logo, and contact details for a January 2026 market update.

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

Market Data Disclaimer: “All statistics referenced are based on January 2026 data from Realtors Property Resource® (RPR) for the Echo Park neighborhood in Los Angeles and are considered reliable but not guaranteed.”