A lot of buyers have been waiting on the sidelines to buy once the market tanks in DTLA. Some units are about 5% below 2019 values, and some are even above. I know, 5% isn't low enough, but don't hold your breath. Things are already bouncing back, especially nice units in good buildings. And by nice, I mean upgraded, remodeled, staged, etc. Low inventory is helping prices stay afloat, and with the walkable amenities in DTLA, more buyers who are over the whole car thing are choosing DTLA as their area of choice.
