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downtown los angeles condos: Downtown Los Angeles Condo Market Report, 1st Qtr. 2012 - 05/14/12 10:45 AM
Let’s check in on the Downtown L.A. condo market to see how First Quarter figures look.

The numbers are taken from the MLS/CLAW and are deemed reliable but not guaranteed.
Number Sold:  110, a decrease of 3.77% over the same period last year.
Median Price:  $283,750, a 2.99% decrease over the same period last year.
There are 93 active listings on the market which means, with an average of 36.67 condos sold over the first three months, the market is trending towards a sellers’ market.
Overall, the Downtown L.A. condo market is fairly stable, but now that inventory is low, we will have to see the … (14 comments)

downtown los angeles condos: Downtown Los Angeles Condos | Market Report 2011 - 02/03/12 06:36 PM
Let’s take a look at how Downtown Los Angeles condos fared over the past year.
For the purposes of this report I have broken the price ranges down to under $500K, $500K to $1 Million, and the over $1 Million bracket. The largest movement is in the under $under 500K category.
Market absorption indicates the amount of time it will take to sell the existing inventory on the market.  Six months is a balanced market; under six months a sellers’ market; over six months a buyers’ market.

Downtown Los Angeles Condos under $500,000 are a hot commodity, and definitely a strong sellers’ market, indicated … (11 comments)

 
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Jane Peters - Los Angeles Real Estate DRE# 01439865

Los Angeles, CA

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Power Brokers Int'l

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A Los Angeles Realtor specializing in absentee owners, out-of-town buyers and those needing extra assistance with one of the most important transactions of their lives. Just sit back and relax! You are in capable hands.
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