Century City Condo Market Report 2011

Let’s see how the Century City real estate market performed in 2011 by building.

Century City Condos for Sale, Buying a Condo in Century City

Century Hill

Sold:  7 / = to same period previous year
Median Price:  $900,000 / +2.86 over same period last year
Average Price Per Sq. Ft:  521.79
Active Listings:  22
Absorption Rate*:  16 months

Century Towers – 2220 & 2222 Avenue of the Stars

Sold:  10 / -3 over previous year
Median Price:  $707,500 / -9.18 over same period previous year
Average Price Per Sq. Ft:  $619.33
Active Listings:  16
Absorption Rate*:  23.88 months

Century Woods

Sold:  3 / +3 over previous year
Median Price:  $1,150,000
Average Price Per Sq. Ft:  $575.198
Active Listings:   0

Le Parc

Sold:  5 / = to previous year
Median Price:  $1,500,000 / +9.09% over previous year
Average Price Per Sq. Ft:  $576.74
Active Listings:  2
Absorption Rate*:  11.76 months

Park Place

Sold:  11/ -5 over previous year
Median Price:  $650,000 / -12.04 over previous year
Average Price Per Sq. Ft:  $450.36
Active Listings:  4
Absorption Rate*:  4 months

The Century (The Century does not record all sales on the MLS, so this is an overview)

Sold:  11 / +5 over previous year
Median Price:  $3,400,000 / +19.30% over previous year
Average Price Per Sq. Ft:  $1,157.09
Active Listings: 19
Absorption Rate*:  22.89 months

Century Park East

Sold:  24 / + 13 over previous year
Median Price:  $407,500 / +19.85% over previous year
Average Price Per Sq. Ft:  $410.51
Active Listings:  10
Absorption Rate*:  5 months

Data provided by MLS/CLAW.  Deemed reliable but not guaranteed

*Absorption rate is the number of months it will take to sell the current inventory (in this case based on the past 6 months’ sales).  6 months is a balanced market, below 6 months is a sellers’ market and above 6 months a buyers’ market.
All but Park Place, are heavily into a buyers’ market and even this building has seen a drop in the number of sales and median price.
Century Towers, is seeing the least movement, together with The Century.  Century Woods  has very little turnover.
If you are thinking of buying a Century City condo, now would be a great time.

Search Century City Condos for Sale

See all Century City Condos for Sale.
(all data current as of 4/19/2014)

  1. 1 bed, 1 full bath
    Home size: 805 sq ft
    Lot size: 5.12 ac
    Year built: 1966
    Parking spots: 1
    Days on market: 4
  2. 2 beds, 2 full baths
    Home size: 1,066 sq ft
    Lot size: 5.12 ac
    Year built: 1966
    Days on market: 5
  3. 2 beds, 2 part baths
    Home size: 1,070 sq ft
    Lot size: 5.12 ac
    Year built: 1966
    Days on market: 10
  4. 2 beds, 2 full, 1 part baths
    Home size: 1,580 sq ft
    Lot size: 13.53 ac
    Year built: 1988
    Parking spots: 2
    Days on market: 16
  5. 3 beds, 3 full baths
    Home size: 1,773 sq ft
    Lot size: 13.53 ac
    Year built: 1989
    Days on market: 16
  6. 2 beds, 2 full baths
    Home size: 1,600 sq ft
    Lot size: 4.08 ac
    Year built: 1964
    Parking spots: 2
    Days on market: 16
  7. 2 beds, 3 full baths
    Home size: 2,422 sq ft
    Lot size: 13.53 ac
    Year built: 1989
    Parking spots: 3
    Days on market: 17
  8. 2 beds, 3 full baths
    Home size: 2,300 sq ft
    Year built: 1979
    Parking spots: 2
    Days on market: 31
  9. 2 beds, 2 full baths
    Home size: 1,080 sq ft
    Lot size: 5.12 ac
    Year built: 1966
    Days on market: 32
  10. 1 bed, 1 full bath
    Home size: 822 sq ft
    Lot size: 4.08 ac
    Year built: 1964
    Days on market: 34
  11. 2 beds, 2 full baths
    Home size: 1,301 sq ft
    Lot size: 4.08 ac
    Year built: 1964
    Days on market: 34
  12. 3 beds, 2 full, 1 part baths
    Home size: 2,000 sq ft
    Lot size: 4.08 ac
    Year built: 1964
    Parking spots: 2
    Days on market: 38
  13. 3 beds, 2 full, 2 part baths
    Home size: 2,200 sq ft
    Lot size: 4.08 ac
    Year built: 1964
    Parking spots: 4
    Days on market: 38
  14. 2 beds, 2 full, 1 part baths
    Home size: 2,270 sq ft
    Lot size: 10.66 ac
    Year built: 1979
    Days on market: 39
  15. 2 beds, 2 full, 1 part baths
    Home size: 1,961 sq ft
    Lot size: 18.08 ac
    Year built: 1980
    Parking spots: 3
    Days on market: 39

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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Jane Peters is a Los Angeles Realtor®, specializing in absentee owners, out-of-town-buyers and those needing that extra personal touch to make the buying and selling of Los Angeles real estate a smooth and, believe it or not, fun process.

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The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

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The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).

Date last updated: 4/19/14 11:19 AM PDT

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