The median sales price for homes in Downtown for Aug 13 to Nov 13 was $440,000. This represents a decline of 10.7%, or $52,500, compared to the prior quarter and an increase of 18.9% compared to the prior year. Sales prices have appreciated 8.6% over the last 5 years in Downtown, Los Angeles. The median sales price of $440,000 for Downtown is 15.22% lower than the median sales price for Los Angeles CA. Average listing price for homes on Trulia in Downtown was $718,499 for the week ending Nov 27, which represents a decline of 1.4%, or $10,018 compared to the prior week and an increase of 2.9%, or $20,085, compared to the week ending Nov 06. Average price per square foot for homes in Downtown was $491 in the most recent quarter, which is 13.13% higher than the average price per square foot for homes in Los Angeles.