REAL ESTATE SLIDE – Downtown Los Angeles Median Home Prices Down

Financial District amusement slide a metaphor for a dropping real estate market
Financial slide – a dropping real estate market

REAL ESTATE MARKET UPDATE  #REALESTATE #NEWS

Downtown Los Angeles  —  Area 2nd quarter median recently sold home prices are down since the same period last year.  The L.A. Loft Blog looked at MLS areas 23,42 and 1375, which include the loft condo neighborhoods in and around Downtown LA.  The median price (April through June) last year was $630,000.  This year it’s down to $610,000 for a drop of 3.28%.  #dtla


2nd Quarter 2018 Median DTLA home price $630,000
2nd Quarter 2018 Median DTLA home price $630,000

2nd Quarter 2019 Median DTLA home price $610,000
2nd Quarter 2019 Median DTLA home price $610,000

The good news is that the average price is actually up from $704,595 last year to $761,853. The dollar volume shows a healthy local real estate economy, but most individuals are losers: The median price drop shows that most home sellers are getting less money in 2019 while only a lucky few are doing better. Most real estate agents are bearing the brunt of the cooling market as the number of transactions dropped from 132 to 99 as fewer Downtowners are buying or selling. Currently secure in their jobs, most downtowners are staying put.

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Downtown Los Angeles real estate market slides down

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.

Downtown Los Angeles Lofts and Condos Just Listed – Property Details, Pros and Cons, Lawsuits

Downtown Los Angeles Lofts Condos Just Listed Video   #DTLA #LOFTS

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New on the market!  #condos

900-w-olympic-1855-industrial-st-1234-wilshire-312-j -- Property Details and Open House Times
900-w-olympic-1855-industrial-st-1234-wilshire-312 — Property Details and Open House Times

Hottest, #JUSTLISTED lofts and condos for sale: Check out the summary VIDEO about the newest, their pros and cons.  Here are also exclusive individual property analysis videos for the newest listings: 510 S Hewitt St #309 VIDEO.  1111 S Grand Ave #616  VIDEO.  900 W Olympic Bl #36B Residences at the Ritz-Carlton LA LIVE – VIDEO.  800 W 1st ST #1601 Luxury high-rise tower with views! VIDEO.  880 W 1st ST #217 Large luxury condos with excellent amenities for a great price per square foot  VIDEO. 312 W 5TH ST #1124 genuine loft by Pershing Square and the Financial District walkable Historic Core VIDEO. 600 W 9TH ST #605 real bedroom and convenient layout, great underground parking spot in the Financial District. Does not have high ceilings 🙁  VIDEO.  600 W 9TH ST #1011 and #203 with balconies, real bedrooms and bathrooms by L.A. Live, Ralph’s, South Park and the Financial District with amenities, parking and great staff. 253 S BROADWAY #208 historic loft with Mills Act property tax savings! VIDEO.   New construction 939 S Broadway #1007 VIDEO and other units by the cool, hip Ace Hotel (Text and call to receive disclosures and instructions before visiting new construction lofts for sale 213-880-9910). 1050 Grand #703 newer but proven quality highrise with high-end amenities. 1155 S Grand AVE #1007 Evo is a high-end condo with excellent amenities and concierge service  VIDEO. 1100 S HOPE ST #908 has a full-size balcony with great view VIDEO.  1855 INDUSTRIAL ST #616 extra large luxury loft with 2 bedrooms and 2 bathrooms VIDEO. 420 S SAN PEDRO ST #214 industrial live/work loft with amenities and great parking under $400,000! VIDEO.  1234 WILSHIRE #312 ( VIDEO ) and #438 modern open space with bedroom doors and amenities.
VIDEO   |   DETAILS   |   LAWSUITS   |   MORE

1155-s-grand-ave-600-w-9th-800-w-1st-st -- Property Details and Open House Times
1155-s-grand-ave-600-w-9th-800-w-1st-st — Property Details and Open House Times

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LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

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

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downtown-la-broad-museum-disney-concert-hall-watch

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.  |  COMMENT