Entertainment District
Entertainment District

Entertainment District Housing Market Report

Strong Buyer's Market

All types - for the month of February

Buyer's market Seller's market

11

Days of inventory (DOI)*

DOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a DOI of +3 months indicates a buyers's market, where homes are selling slowly and there are more homes than available buyers.

75

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

480

New

228(+7.55% YoY)

Relisted

10(+150.00% YoY)

Compared to number of active, same period, in 2024: 367, in 2023: 212, in 2022: 109

Total Sold Listings*

43

Median Sold Price

$700,000

Avg Days on Market

75 days

Median Bidding

-$22,500

Compared to number of sold, same period, in 2024: 51, in 2023: 76, in 2022: 140

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - Entertainment District - All types

Sold vs Active vs New vs Relisted - Entertainment District - All types

Sold Price Distribution - Entertainment District - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Entertainment District - All types

Property type distribution based on data from the last 3 months.

Median Price - Entertainment District - All types

Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

20 to 34
57%
35 to 49
22%
50 to 64
9%
0 to 19
7%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

5/5

All day-to-day needs are within walking distance

Transit Friendly

5/5

Near a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

5/5

Variety of cafés right on the street

Groceries

5/5

Several grocery stores nearby

Nightlife

4/5

Variety of bars within a few minutes' walk

Shopping

5/5

Wide variety of shops within a few minutes' walk

Restaurants

5/5

Variety of restaurants within a few minutes' walk