How is the Downtown Los Angeles condo market doing this year? Let’s see, and compare it to the same period of 2011.
Sold: 140 – 3 less than the same period last year.
Median price: $305,500 – a 1.83% increase over the same period last year.
Low price: $107,500
High price: $3,700,000 at 900 W. Olympic, The Ritz Carlton
Under Contract: 162
Like almost everywhere in Los Angeles, the Downtown L.A. condo market is a sellers’ market. We need new inventory.