Author: laloftblog

Corey Chambers, Broker Entar® Real Estate and Investment Technologies 4 Big Reasons to Call the Chambers Team to Sell Your Home: #1 We'll Get You More Money - Chambers Team gets you 2.2% more of the asking price #2 We'll Sell Your Home Faster - Chambers Team sells homes 44% faster #3 More Likely to Sell - Chambers Team homes are 16% more likely to sell #4 We've got more than 4,700 buyers in our Data Base looking for a home To find out how much you can sell your home for and how long it will take, call Corey at (213) 880-9910 *seller and Corey must agree on price and time of possession. Licensed in California DRE#01889449
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Downtown Los Angeles Real Estate Market Report May 2021

The rich get richer while the poor get poorer in Downtown Los Angeles

REAL ESTATE NEWS | Blog Video

Downtown Los Angeles loft condo prices dropped in May, compared to the same month last year. Many more sellers attempted to unload their properties last month, but homes are taking an average of 12 days longer to sell. L.A. urban home buyers can enjoy better deals as most condos dropped in price by $35,000 or more. While most home prices fell, some of the most attractive properties actually went up in price as the well-to-do paid extra for large units that have lots of natural light, views and private outdoor space. This bifurcation between Median Price and Average Price occurs as the rich get richer and the poor get poorer. These numbers provided by real estate professionals MLS Multiple Listing Service for Downtown Los Angeles and nearby loft neighborhoods 23, 42 and 1375.

Number of Listings May 2020: 195 | May 2021: 244

Average Days on Market May 2020: 63 | May 2021: 75

Median Price May 2020: $585,000 | May 2021: $550,000

Average Price May 2020: $676,850 | May 2021: $716,132

Find out how much your loft is worth. Get a free list of recently sold condos in Los Angeles, along with a list of currently active homes for sale in the area. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking
Median loft condo prices still falling in Downtown Los Angeles

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 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.

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SOLD

Congratulations to Tucker for closing escrow on the Bartlett Building loft. The condo unit was on the market for only seven days, and sold for 100% of asking price. Congrats also to the entire Corey Chambers Team, as well as to the buyer’s agents Greg and Arrington for putting together a smooth, fast, successful Downtown Los Angeles real estate transaction process by providing more help, extra communication, more information and abundant resources to help the buyers and sellers feel comfortable and well-informed about their DTLA property sale. | Blog Video

COMING SOON TO THE LA LOFT BLOG — Here are some of the reader questions and hot topics that you will find in coming issues of the L.A. Loft Blog:

  • how much does it take to create your own btc coin
  • rent to own
  • foreman and clark dtla
  • how to create your own bitcoin

Find out how much your loft is worth. Get a free list of recently sold lofts in the area. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 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.