REAL ESTATE NEWS (Downtown L.A.) — More DTLA condos sold in February than the same month last year. They sold about twice as fast, and most of the properties sold for almost $40,000 more than last year. Compare:
2022 Feb: 44 Properties Sold; 56 / 29 Avg / Med Days on Market; Med Price $539,000; Avg Price $725,409
2021 Feb: 36 Properties Sold; 92 / 69 Avg / Med Days on Market; Med Price $577,500; Avg Price $646,574
Numbers are from TheMLS statistic for Downtown and nearby area numbers 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. 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.