REAL ESTATE NEWS
PROPERTY MARKET UPDATE: October 2021 brought more transactions and higher prices to DTLA as compared to the same period of the previous year. Properties sold about 28 days faster this year, on average. Median price is up by about $50,000.
OCT 2020: 27 condo units sold; 71/65 Average/Median Days on Market; Median Price $539,000 / Average Price $641,100
OCT 2021: 47 condo units sold; 43/31 Average/Median Days on Market; Median Price $589,000 / Average Price $677,104
These numbers are based on the real estate agent TheMLS Multiple Listing Service data for Downtown Los Angeles and nearby loft neighborhoods MLS areas 23, 42 and 1375.
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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; MPR Funding Inc NMLS 2000513. 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.