Category: home values

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Downtown Los Angeles Real Estate Market Update February 2022

REAL ESTATE NEWS (Downtown L.A.) — More DTLA condos sold in February than the same month last year. They sold about twice as fast, and most of the properties sold for almost $40,000 more than last year. Compare:

2022 Feb: 44 Properties Sold; 56 / 29 Avg / Med Days on Market; Med Price $539,000; Avg Price $725,409

2021 Feb: 36 Properties Sold; 92 / 69 Avg / Med Days on Market; Med Price $577,500; Avg Price $646,574

Numbers are from TheMLS statistic for Downtown and nearby area numbers 23, 42 and 1375.

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LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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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Downtown Los Angeles Real Estate Market Report January 2022

REAL ESTATE NEWS — Urban L.A. real estate prices shot up dramatically at the end of 2021. Is the upward trend continuing in the beginning of 2022?

Statistics show that January 2022 continues the upward trend that was revealed over the last few months. Last month saw a dramatic increase in homes sold, along with a $50,000 gain in price. Homes sold much faster as well.

January 2021: 188 homes sold; Median Days on Market 55; Median Price $544,500
January 2022: 264 homes sold; Median Days on Market 32; Median Price $599,500

Numbers are based on TheMLS statistics for loft neighborhoods around Downtown Los Angeles 23, 42 and 1375 as compared to the same period of the previous year.

HOW MUCH IS YOUR HOME WORTH?

Find out how much your loft, condo or house is worth only. Get a free list of recently sold comparable nearby properties, with photos and details, along with a list of currently active homes for sale. 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
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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.