Downtown Los Angeles Lofts and Condos – Homes Sold This Week

Asking prices for homes in Los Angeles can be very high, just right or even very low as compared to the SP final sale price.  That’s why it’s necessary to look at the sold price of homes that closed escrow recently in the neighborhood. By seeing what really sold, buyers and sellers can quickly get caught up with what’s happening in the local real estate market, and the real home price and value can be determined. Below is a list of lofts and condominiums that sold this week around Downtown L.A.  #sold #homes #dtla

Sold -- Downtown Los Angeles Home Prices
Sold — Downtown Los Angeles Home Prices

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Home Prices  —  sold-dtla-170727 (pdf)

Sold Hones Prices Downtown LA

13 homes sold in the last two weeks with an average time of 56 days on the market and a median sold price of $612,000.

Get a free list of homes that sold recently in the area. 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

Downtown Home Sellers

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.

Recently SOLD in Downtown Los Angeles – Lofts and Condominium Comps

SOLD HOMES – Knowing The Real Price of Properties  #sold #dtla

How to sell a Downtown Loft or Condo - New Homes on the L.A. River $499,000
River House Sold Out – How Much Did They Really Sell For?

One of the most common mistakes that consumers make in real estate and other resale transactions is paying too much attention to asking prices and not enough attention to recently sold comparable prices (comps). The listed price for real estate can be all over the place: too high, too low or just right. The only way to know for sure is by taking a look at listings of similar properties nearby that that recently sold and closed escrow. It’s helpful to know what sellers are asking for, but by knowing what buyers really paid of their hard-earned money, we can determine what a comparable property is really worth today, and how much we will really need to fork over of our precious funds.  |  RECENTLY SOLD

Downtown Los Angeles Homes Sold Prices

For new build homes, the comps are often not quite as accurate because new homes are generally more expensive than the average surrounding home. The new home is nice, beautiful and new, does not usually need much maintenance for years, and generally comes with a one year warranty. When River House recently sold out, some buyers paid the asking price (usually a mistake), while others offered a bit less and saved thousands of dollars. For example, a River House 2 bedroom 2 bathroom unit sold last week for about asking price but the buyer was able to negotiate more than $10,000 of flooring and other incentives.

Downtown Homesellers

Get a free list of recently sold Downtown Los Angeles Area homes. 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

Eckardt Building Santee Village Downtown Los Angeles
Cornell Lofts Unit #310 Sold Above Asking Price at $510,000

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.