Los Angeles real estate market predictions 2021/2022

[Fransisca R.]

Looking for opinions on what people think is going to happen to real estate prices next year in Los Angeles. It seems like Single family homes are flying right now and condos not so much. Everyone wants more space and all the conveniences of what condos offer are no use if nothing is open and everyone is working from home.

So I'm wondering what people think is going to happen once the pandemic is over. Will condos be desirable again and catch up to single family home prices or is there a chance single family residences will drop? Or will the gap in prices between condos and SFH's be permanent?