The median sales price for homes in Downtown, Los Angeles for Jun 15 to Sep 15 was $624,000 based on 71 sales. Compared to the same period one year ago, the median sales price increased 25.6%, or $127,000, and the number of sales increased 6%. Average price per square foot for Downtown was $590, an increase of 13.2% compared to the same period last year. There are currently 130 resale and new homes in Los Angeles on Trulia, including 4 open houses, as well as 67 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Downtown was $837,202 for the week ending Sep 16, which represents an increase of 2.5%, or $20,683, compared to the prior week.
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