Go west for condo heat: Sales up 22%, trades average $1.4M from Palisades to DTLA
The Los Angeles residential market saw mixed signals this week, with fewer luxury contracts and lower asking volume for single-family homes, but signs of a comeback in the condominium sphere. Condo sales in Los Angeles have rebounded, according to research from the Compass Development Marketing Group, which shows increased sales volume quarter over quarter and year over year. Pulling data from more than 20 L.A. neighborhoods from Pacific Palisades all the way to downtown, the Compass team recorded a 22 percent jump in condo sales in the second quarter compared to the first, as well as an 8 percent increase […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Obsession: I Found This Backpack in Osaka—Now I Can’t Travel Without It
LA County dishes out $220M for affordable housing projects
The RealReal Founder’s Chic Manhattan Condo Lists for $7.9 Million
TA Realty buys Anaheim apartments for $148M as local multifamily vacancy rises
Jessica Lange’s Former New Orleans Cottage Lists for $1.9 Million—Plus 5 More Luxury Homes for Sale
$325M Irvine office sale nears all-time record for Orange County
The Hidden Details Behind Tiffany & Co.’s U.S. Open Championship Trophies
Is the Warehouse the New Gallery?
The History of the Beloved Original ‘Practical Magic’ House
Arcadia officials sign off on more resi, retail near Metro
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA