Downtown Los Angeles Real Estate Market Report January 2022

REAL ESTATE NEWS — Urban L.A. real estate prices shot up dramatically at the end of 2021. Is the upward trend continuing in the beginning of 2022?

Statistics show that January 2022 continues the upward trend that was revealed over the last few months. Last month saw a dramatic increase in homes sold, along with a $50,000 gain in price. Homes sold much faster as well.

January 2021: 188 homes sold; Median Days on Market 55; Median Price $544,500
January 2022: 264 homes sold; Median Days on Market 32; Median Price $599,500

Numbers are based on TheMLS statistics for loft neighborhoods around Downtown Los Angeles 23, 42 and 1375 as compared to the same period of the previous year.

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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.

Downtown LA Condo Free Information 24-hour Hotline

Real Estate Telephone Info Line

Learn how to get the most money when selling a Downtown loft or condo, and find out how to save thousands when buying.  Get free recorded information by phone 24-hours a day and access more than 25 different reports to help avoid expensive mistakes.  Call 1-800-791-4541 and then enter the ID Code for the hotline report that you are interested in:

ID      Report Name
1000  Costly Homeseller Mistakes
1001  Stop Renting
1002  Over-The-Phone Home Evaluation
1003  Inspection

LaLoftBlog Info Line

1007  Trade Up Mistakes
1010  Brand New Homes
1014  Save Thousands
1016  Get the Highest Price When You Sell
1017  Sell Your Own Home
1018  Buyer Traps
1022  Real Estate Catch-22
1023  27 Valuable Tips to Get Your Home SOLD Fast and For Top Dollar
1025  Zero Down Program
1040  Best Buys
1041  Find Out How Much the Home Down the Street Sold For
1042  Distress Sale
1043  Zero Down (Property Listing)
1048  Fixer Upper
1049  Upscale Homes For Sale
1050  Lofts, Condos and Houses under $400,000
1051  First Time Buyer
2130  10 Questions to Ask a Real Estate Agent
8085  Utilities in Downtown Los Angeles
8086  Lenders

Free Mobile Real Estate SMS Text Tools for Your Cell Phone

FREE reports on your mobile phone SMS text – Use your mobile phone to send any of the following codes to 555000:

3320  –  Lofts For Sale Downtown Los Angeles
TIPS1194  –  27 Tips You Should Know To Get Your Home Sold Fast and For Top Dollar
ASK1194  –  10 Things You Need to Know Before You Hire an Agent
NEED1194  –  6 Buyer Mistakes and 6 Things You Must Know Before You Buy
TRAP1194  –  9 Buyer Traps and How to Avoid Them
BEST1194  –  Best Financing: A 3-Point Plan
STUCK1294  –  We Will Buy Your Home for CASH at a Price Acceptable to YOU!
HIGH1194  –  HOMESELLERS: How to Get the Price You Want (and Need)

Send any of the above codes to 555000 and you will immediately receive your FREE report.

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Copyright © 2015 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 necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 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.