Category: home values

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Growth and Stability – Downtown Los Angeles Real Estate Market News

Downtown L.A. Homes Sell For More Money, Faster Than One Year Ago

Downtown Los Angeles Real Estate Proves Superior Investment
Downtown Los Angeles Real Estate Proves Superior Investment

REAL ESTATE NEWS  —  Downtown Los Angeles continues to beat most real estate markets in both growth and stability. Compare recent prices, along with days on market, and we can see that prices continue to rise at a desirable pace, while homes sell at a brisk pace. Check out the market report:

In the most recent market (the last 6 months), Downtown L.A. homes sold at a median price of $619,500 with 42 days on market.  #dtla #realestatenews

For the same 6 month period a year ago, the median price for Downtown LA (MLS areas 23,42) was $589,250.  with 55 days on market.

This shows a value growth of $30,250 in 12 months with properties selling 13 days faster.

DTLA has also proven to be superior in down markets, slower to decline in price and faster to recover in price.  While Downtown Los Angeles definitely has its ups and downs, it has proven to be safer than most neighborhoods as a financial investment.

Get a free list of Downtown Top 10 Best Investment Property Listings. 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

Downtown Los Angeles Real Estate News - Market Stable and Growing
Downtown Los Angeles Real Estate News – Market Stable and Growing
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.

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Buy, Sell and Lease Downtown Los Angeles – 2016 Year in Review #homeprices #losangeles

Congratulations to JB on getting an amazing loft in Downtown Los Angeles!

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find-out-soldFor helping buyers, sellers, renters and landlords in Downtown Los Angeles, 2016 was a remarkable year. It brought the best December ever in my DTLA real estate career, and foretells of a very bright 2017 for Downtown Los Angeles. It has been so very fortunate to work with such powerfully bright and earnestly thoughtful people. Thank you to my amazing clients of 2016: Adam, Jeff, Joan, Derick, Jamica, Jim, Julie, Marie-Elizabeth, Nicole, Sandy, Jennifer, John, Alex, Ed, Lee, Lauren, Chris, Elizabeth, Jim, Julie, Noush, Terry and Monica. See some of their lofts and condos https://www.wevideo.com/hub#view/805546194 and see what sold most recently in Downtown L.A.

Downtown buyer review:  Corey was very helpful in understanding the DTLA loft inventory and comps. As a local, he knows a lot about this area. Communication was fast and clear, no issues with reply time. He was on time for meetings and there were no issues or delays in person.  —  JB

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2016 DTLA Real Estate Market Report: In Downtown Los Angeles, fewer homes sold, and they took longer to sell in 2016, but prices increased. The 2nd half of 2016 saw 38 fewer homes sold in Downtown LA compared to the same period of 2015. Average days on the market increased from 59 in 2015 to 69 in 2016. Downtown L.A. home prices increased from $621,852 to $657,214.

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New Lofts Interest List – Get a free list of new lofts and condos in Downtown Los Angeles. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

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Copyright © 2016 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.