As real estate professional, we strive to keep in touch with our clients and provide you insider information about the state of the market and current trends. We hope our market data will help you understanding the real estate market today and help you with your real estate decisions. In this newsletter, you will also find market data for each buildings in Downtown LA. If you would like further information on the state of the market or more detailed analysis on a Downtown building, please do not hesitate to contact us anytime at 213-995-5057 or info@prebrokerage.com.
The Average Sales Price per Square feet for Downtown LA condos and lofts increase 11.42% annually from $541.62 to $601.39 in 2015.
Ritz Residences of South Park has the highest average price per square feet at $1,078.27. Alta Lofts has the lowest average price per square feet at $385.
Molino lofts has the highest avg price/sf gain at 35.18%. Flower Street lofts avg price/Sf dip 26.26% in 2015. However, Flower Street lofts has one of the highest year to date gain of 10.70% second to Eldorado loft at 11.10%. Contact me for more details on the price change of your building of interest.
The Average Lease price per Square Feet for Downtown LA condos and lofts increase moderately at 8.75% annually from $2.45 to $2.65 in 2015.
Ritz Residences has the highest average lease price/SF at $4.32. Toy Warehouse has the lowest average lease price/SF at $1.68.
Leave a Reply