Downtown L.A. Homes Sell For More Money, Faster Than One Year Ago
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:
How much did these new Downtowners pay for their lofts, condos and apartments? And how do they like them? #sold #homes #dtla
NCT LOFTS
It’s so exciting to move into a new loft because they offer so much space for so many possibilities. Lofts are a big box like a 3-dimensional canvas that allows for great creativity and more flexible lifestyle for live/work, entertaining or just relaxing at a very special private space after a long day of work. This NCT 2-level penthouse was snapped up by an L.A. Loft Blog reader. The extra large corner unit loft
Enjoying NTC Lofts Downtown Los Angeles
with lots of big windows and a real bedroom, all in a genuine historic loft building with a fantastic rooftop deck. Rental #prices range around $2,000 to $6,000 per month for lease.
Alana recently moved into her historic 2-story loft abode, and fell in love with the atmosphere and views.
L.A. Loft blog readers are picky, and they demand an excellent location and exceptional character in a home. Historic and industrial lofts of Downtown provide that chic, hip style with super practical open floor plans, in great walking areas near shops, restaurants, bars, pubs, entertainment and transportation. | LOFTS FOR LEASE
RIVER HOUSE
Doug Nasr just moved into his 3-bedroom, 2-story condominium unit at River House. He’s enjoying his sparkling new construction townhome with a private balcony and park views next to the revitalizing Los Angeles River and Marsh Park. Best of all, he got wood flooring, and saved thousands of dollars off the price and upgrades by taking advantage of a free home buyer protection program. River House condos sold for $499,000 to $899,000. | NEW HOMES
HOME SELLERS: Find Out What the Loft Down the Street Sold For
Find out what homes recently sold around Downtown Los Angeles, and how much the buyers paid for them. Get a free list of area home sales with prices and photos, along with a list of currently available homes for sale. Fill out the online form:
