Loftway is a boutique real‑estate brokerage specializing in Downtown Los Angeles lofts and condos. Since 2004, the company has helped hundreds of clients buy, sell and lease properties in LA’s urban core. Loftway’s comprehensive market reports and deep neighborhood expertise make it a trusted resource for buyers, sellers and investors.
Recently, the Loftway announced the release of its Loftway Report 2026, an annual analysis of the prior year’s condo and loft market. The report shows that 2025 marked a year of recalibration rather than collapse; despite higher interest rates and greater price sensitivity, the market remained active thanks to limited inventory and sustained demand for centrally located units.
Key Findings
The Downtown Los Angeles residential market continues to evolve, as evidenced by 214 closed sales in the condo and loft sector.
The average price per square foot currently sits at $612, which represents a 5.76% decrease compared to the previous year. This cooling trend is further reflected in the average time a property spends on the market, which has stretched to 79 days.
This shift indicates a more deliberate buyer pool and a significant increase in negotiation activity as participants navigate the changing economic landscape.
While sales prices have seen a slight correction, the rental market remains remarkably steady. A total of 436 leases were finalized at an average rent of $3.10 per square foot, a figure that is essentially flat when compared to 2024 data.
This stability suggests a consistent demand for downtown living even as the purchasing market recalibrates.
Luxury and high-amenity buildings continue to set the benchmark for value in the district. Perla, Gallery Lofts, Metropolis, Ritz Residences, and Ten50 Grand emerged as the top five buildings based on price per square foot.
However, other towers across DTLA saw more significant price corrections. The diversity of the market is best highlighted by the range of recent transactions, which saw a high of $1.82 million for a Biscuit Company loft and a low of $305,000 for a unit in the Rowan.
“Market conditions in 2025 were challenging, but Downtown LA remained resilient,” said Loftway founder Kostantin Xenakis. “Our data shows buyers taking more time to make decisions and sellers having to price accurately, yet the underlying demand for loft living in the heart of the city hasn’t gone away. This year’s report provides a building‑by‑building breakdown to help clients make informed decisions in 2026.”
Emerging Trends
The Loftway report highlights a shift toward a balanced market, where strategy, pricing accuracy and building selection matter more than ever. With higher interest rates keeping some would‑be buyers on the sidelines, the rental market remains strong. Investors and home‑buyers are advised to look beyond aggregate numbers and study individual building performance.
Download the Report
The Loftway Report 2026 is available for download at loftway.com/report.
