Century City Condos 1st Qtr 2014 Market Report

If you are buying a condo in Century City, you will want to see how the market is doing lately.

Together with the Wilshire Corridor, Century City has one of the few concentrated collections of full-service high-rise communities and, unlike the Corridor, gated ones, with grounds in which to walk.

 Century City condos for sale market report

Let’s see how the first quarter of 2014 compares to the same period in 2013?

Building Sold +/- Median % +/- Avg. Price per S/F Active Median Pending
The Century* 9 +5 $3.600,000 +23.08 $1,338.50 27 $5,455,000 5
Century Hill 0 -3 N/A N/A $469.19** 11 $1,450,000 1
Le Parc 2 -1 $1,510,075 +13.97 $639.73 8 $1,795,000 1
Century Woods 0 -1 N/A N/A $408.60** 0 N/A 1
Century Towers 4 -1 $1,305,000 +30.50 $797.87 5 $1,339,000 2
Park Place 8 +7 $705,000 N/A $476.41 4 $1,007,000 1
Century Park East 3 -3 $624,800 +38.84 $569.45 5 $619,000 5

 

Sellers’ Market Stable Market Buyers’ Market
Less than 5 months inventory 5 to 7 months inventory More than 7 months inventory

Information provided by the MLS/CLAW deemed reliable but not guaranteed

*The Century does not report all its sales on the MLS, so this is an estimate.

**This is the average price per sq. ft. as recorded for 2013.

After a slow start The Century is doing well and should sell out in 2014.

Century City condos are balanced between a sellers’ and a buyers’ market with sluggish movement showing at Century Hill.

Other Century City market reports

Condos for sale in Century City

Get help with your home search. Fill out the CONTACT FORM or call me at 310-473-6919

Jane Peters

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.

More Posts - Website - Twitter - Facebook - LinkedIn - Pinterest - Google Plus - YouTube

Add Comment Register



Speak Your Mind

*