REAL ESTATE NEWS — What are the areas of Downtown L.A. that have the most recent sales and resales?
High turnover can present greater opportunities for growth, while low turnover can offer more calm and stability. Just ten streets in Downtown Los Angeles recorded more than 40% of all of the high turnover, the largest number of buyers and sellers quickly buying and selling: S Grand Ave, S Alameda St, S Hope St, S San Pedro St, S Grand, W 1st St, Montecito Dr, W 9th St, S Los Angeles St and S Broadway. #dtla #downtownla #turnover
Here is the complete Top 10 Turnover List for DTLA:
Street, Units Sold, $ Volume, Share, Cumulative Share, Avg Days On Market, Avg Sale Amount, Avg Sale to Asking Price Ratio, @100%, Row
S Grand Ave
21
18,861,988
6.563%
6.563%
65.9
898,190
98.65
8
1
S Alameda St
17
9,699,000
5.313%
11.875%
62.3
570,529
98.50
7
2
S Hope St
15
10,750,000
4.688%
16.563%
46.6
716,667
98.12
3
3
S San Pedro St
14
6,140,000
4.375%
20.938%
47.7
438,571
98.48
3
4
S Grand
13
16,177,000
4.063%
25.000%
36.0
1,244,385
99.42
9
5
W 1st St
12
7,520,500
3.750%
28.750%
45.2
626,708
97.38
1
6
Montecito Dr
11
8,342,000
3.438%
32.188%
28.6
758,364
106.08
9
7
W 9th St
11
6,904,800
3.438%
35.625%
47.5
627,709
99.16
5
8
S Los Angeles St
11
5,218,221
3.438%
39.063%
44.5
474,384
98.73
4
9
S Broadway
10
11,603,000
3.125%
42.188%
110.3
1,160,300
93.98
3
10
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Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.