The Real Deal Los Angeles

Submarket Snapshot: Single-family homes in Cheviot Hills

Homes sold for an average of $1.6M in fourth quarter

March 16, 2016 05:00PM
By Hannah Miet

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Source: the Agency

Source: the Agency

Single-family residences in Cheviot Hills sold for an average of $1.59 million in the fourth quarter, when 13 houses sold, according to a report by the Agency. 

The properties traded for an average of $777 a square foot, and 0.38 percent below listing price.

At the start of 2016, the average listing price was much higher, at $2.6 million, or $715 a square foot.