As your local real estate experts, our goal is to provide you insider information about the state of the market and current trends. We hope our market data will help you with your real estate decisions. In this newsletter, you will find market data for each building in Downtown LA. If you would like further information on the local market or more detailed analysis on a Downtown building, please do not hesitate to contact us anytime at 213-995-5055 or info@prebrokerage.com.
The Average Sold Price per Square foot for Downtown LA condos and lofts had a year to year increase of 5.87% from $600.25 in 2015 to $632.90 in 2016.
Ritz Carlton Residence Los Angeles has the highest Avg Sold Price/SF at $1,140. and Flower St. Loft has the lowest Avg Sold Price/SF at $483.
Molino Lofts has the highest year to year price/sf gain of 35.56%, and Luma South has the largest Year To Year Price/SF dip of 5.89%.
The Average Lease price per Square Foot for Downtown LA condos and lofts increase 3.89% from $2.65 to $2.79.
Ritz Residences has the highest average lease price/SF of $4.34. Promenade West Condos has the lowest average lease price/SF of $1.91
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