SOLD Property Prices Downtown Los Angeles

When we hear someone say “I sold my house,” the first thing we want to know is how much it sold for.  #dtla #homeprices #sold

Sold Properties Downtown Los Angeles
Sold Properties Downtown Los Angeles

The L.A. Loft Blog now has SOLD prices!

When determining the value of a home and trying to figure out what it might sell for, buyers and sellers commonly make the mistake of focusing on listed asking price.  That listing price is only a starting point, while the recently sold prices of comparable nearby properties are the correct prices to look at to determine market value and the likely selling price.  Sold prices are the actual amount of money paid by buyers to sellers when the homes closed escrow.

DOWNTOWN LOFT SOLD HOME PRICES:
Affordable  |  Popular  |  Luxury

How much is my home worth?

Find out what the home down the street sold for

Sold prices are what appraisers, banks, lenders, agents and other real estate professionals look at to determine the real value.  Sold prices are the key to determining how much a seller should ask for a property.  In addition to actually asking the seller what price and terms they need, checking the recently sold prices are the only real way to know how much a buyer should offer for a property.  The asking price is an indicator of a possible price ceiling, and the asking price provides a clue as to what the seller expects to get for their home. Asking price can be pie in the sky wishful thinking, while sold price shows how much home buyers actually forked over of their hard-earned money.  The sold prices, also called comparable prices or comps, must be of comparable nearby properties that sold within the last six months. Sold price is the real price for real estate.

FIND OUT WHAT THE HOME DOWN THE STREET SOLD FOR

Get a free list of sold homes with photos, property details and prices in Downtown Los Angeles or any Southern California neighborhood. 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  |  Sold
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Homes Sold in Downtown
Homes Sold in Downtown

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.

Downtown Los Angeles Home Price Premium – 7 Reasons Why Buyers, Renters and Investors Value

Downtown L.A. Home Prices:  Why do homes in Downtown Los Angeles cost over $600,000 on average, while homes in Chicago cost less than $300,000?

Downtown Los Angeles Couple
Downtown Los Angeles Couple

Supply and demand are the primary drivers of prices. There are many reasons why so many people want to live in Southern California neighborhoods:

Rental Income Properties Under $50,000
Rental Income Properties Under $50,000

#1 Nice weather;  #2 Jobs / Economy;  #3 Many things to do; #4 Better Schools; #5 Better Neighbors; #6 Overall growth / Improvement in the neighborhoods. The #7 reason is that SoCal home prices go up faster and steeper than other parts of the USA, making for a much better long-term return on investment.  #dtla #investment

Get a free list of Top 10 Investment Properties in Downtown Los Angeles. Receive FREE Downtown Best Smart Money Property Listings in your email. Fill out the online form:

 

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Lofts For Sale Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE UNDER $500,000 | $900,000 | Top Luxury
Browse by Building | Neighborhood | Size | Bedrooms | Pets | Parking

Find out what the home down the street sold for

Beacon Lofts For Lease Arts District Downtown LA
Beacon Lofts For Lease Arts District Downtown LA

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.