Category: home prices

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Downtown Los Angeles Real Estate Market Report 2020

REAL ESTATE NEWS | Blog Video

The Loft Blog recently provided the property market report for December. Here are the DTLA real estate numbers for the entire year of 2020 compared to the year before. Fewer people are moving. Homes are selling for less money. 2.4% fewer listings. Median price down 4.5%. Total homes sales volume down 17.4%. Statistics based on MLS data for Downtown and nearby areas 23, 42 and 1375.

2019
385 listings; $605,000 median price; $290 million total volume

2020
376 listings; $577,500 median price; $247 million total volume

The blight and crime in Downtown Los Angeles are much worse than most realize. It will take longer to unwind and repair than most can fathom. The opportunities are also much greater than many believe.

Get a free list of distressed properties in Downtown Los Angeles. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.

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Sold Homes Los Angeles

REAL ESTATE NEWS

Many are wondering if home prices are going up or down. While many suburban single family homes have recently been rising in price, downtown and big city urban area condos are mostly falling in value. The best way to find out what’s really happening with the real estate market right now is by looking at transactions that have recently closed escrow. What did people actually buy? How much did they pay? Below is a list of the top 10 most notable lofts sold in the last 30 days, based on what readers of the L.A. Loft Blog have purchased in the past. This SOLD list represents the types of condos in buildings where Loft Blog readers would be most likely to buy in the next six months. #homessold | PDF

420 S San Pedro ST #501 730 SqFt $370,000
315 E 8Th St #405 670 SqFt $420,000
645 W 9Th St #222 650 SqFt $429,000
1100 Wilshire Blvd #2705 800 SqFt $480,000
1130 S Flower ST #312 1,316 SqFt $630,000
1111 S Grand Ave #616 1,200 SqFt $665,000
1155 S GRAND AVE #605 1,050 SqFt $637,500
416 S Spring St #505 1,080 SqFt $733,120
825 E 4th St #301 1,400 SqFt $765,000
801 S Grand AVE #1910 2,040 SqFt $870,000

PROPERTY DETAILS: https://www.themls.com/Share/YWFhamFkaWlj

Find out what the home down the street sold for

FIND OUT HOW MUCH THE HOME DOWN THE STREET SOLD FOR

Get a free list of recently sold homes, with sold prices. You will also receive a list of homes currently listed for sale, with asking prices. Fill out the online form:

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.

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