Tag: home worth

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Downtown Los Angeles Real Estate Report November 2022

REAL ESTATE NEWS (Los Angeles, CA) — November was a repeat of October. The real estate market has dropped significantly compared to the same month of the previous year, according to several data points. Fewer home owners are trying to sell. Even fewer prospects are trying to buy. Homes are taking more than twice as long to sell. Homes are selling for significantly less, and there are far fewer home sales being transacted.

2021: 34 listings; 18 Days on Market; $733,500 Median Price; $817,205 Average Price; $27,785,000 Total Volume

2022: 17 listings; 49 Days on Market; $650,000 Median Price; $756,040 Average Price; $12,853,000 Total Volume

These numbers are based on statistics from TheMLS for Downtown L.A. and surrounding loft neighborhoods of DTLA, Lincoln Heights, China Town etc.

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 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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Home Evals: How Much is Your Home Worth?

Find out how much your home is worth! — Free, Online

FREE SERVICE FOR HOME OWNERS (NEW VIDEO): Receive a FREE list of recent home sales and current listings in any area, emailed to you at no cost or obligation. No need to talk to anyone. Just fill out the online form, or call / text our 24 hour hotline below with the streets or neighborhoods you’d like to have information on. Then, receive by email a computerized printout or email on each active property for sale, and recently sold, including the address and photo of the home, a description of key features, along with the list price, the sale price. This information will give you a good idea of what your home might sell for if you were to put it up for sale in today’s market. #homeworth #entar

To receive a computerized area home sales report, fill out the online form, or you may call or text 213-880-9910, a free service of www.HomeEvals.com.

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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.