Century City Condos | Half Yearly Market Report June 2012

Century City is a commercial and residential areas just west of Beverly Hills, and southeast of Westwood.  Built on what used to be the backlot of Twentieth Century Fox which still has its home to the south, it combines shopping, offices and upscale living.  Century City competes with Downtown L.A. for the largest concentration of law firms in the city.  (One of the office buildings stood in for Nakatomi Plaza in the first “Die Hard” movie.)

Century City is a mere 176 acres (.275 square miles) the residential portion of which is made up entirely of condominium developments, except for Century Woods, which has 34 private villas in the complex.  The high rises are the new The Century, Century Towers, and 2160 and 2170 Century Park East, and the low rises, Century Hill, Century Woods, Le Parc and Park Place.

Let’s see how Century City Condos sales fared over the first half of 2012.

 

Building Sold Low Price High Price Median Price Avg. Price/sq. ft. Active Pending Market
The Century* 7  $2,200,000  $4,500,000 $3,100,000  $1,030.48  14 1
Le Parc  4  $780,000  $1,075,000 $935,000 $430.49 1 2
Century Woods 3 $680,000 $3,330,000 $759,900 $463.59 1 0
Century Hill 5  $700,000  $1,150,000 $925,000  $383.84 20  3
Century Towers 4 $375,000 $1,160,000  $852,500  $534.92 14 2
Park Place 6 $565,000 $1,125,000 $812,500  $462.07 3 4
Century Park East  15 $250,000 $717,500 $513,000  $435.00 9  5

All information provided by MLS/CLAW is deemed accurate but is not guaranteed.

Seller’s Market Buyers’ Market Stable Market
Less than 6 months inventory More than 6 months inventory

*The Century sells in-house also, so the figures may not be completely accurate.

One of the most sought-after buildings, Le Parc, continues to have low inventory.  Sellers at Le Parc, there are buyers out there looking to purchase in your community.  Century Park East, Park Place, and Century Woods,  are selling steadily, with Century Towers and Century Hill, looking to move some of their inventory.

Previous Market Reports

Century City Condos Market Report | First Quarter 2012

Century City Condo Market Report 2011

Condos for sale in Century City

Showing properties 1 - 15 of 59. See more Century City Condos for Sale.
(all data current as of 5/22/2013)

  1. 3 beds, 3.5 baths
    Home size: 3,237 sq ft
    Year built: 2010
    Days on market: 3
  2. 2 beds, 2.5 baths
    Home size: 2,450 sq ft
    Lot size: 10.66 ac
    Year built: 1979
    Days on market: 5
  3. 2 beds, 2 full baths
    Home size: 1,600 sq ft
    Lot size: 4.08 ac
    Year built: 1964
    Days on market: 6
  4. 3 beds, 2 full, 1 part baths
    Home size: 2,800 sq ft
    Year built: 1966
    Parking spots: 2
    Days on market: 7
  5. 1 bed, 2 full baths
    Home size: 1,070 sq ft
    Lot size: 5.12 ac
    Year built: 1966
    Parking spots: 2
    Days on market: 7
  6. 3 beds, 2 full, 1 part baths
    Home size: 1,624 sq ft
    Lot size: 4.08 ac
    Year built: 1964
    Parking spots: 4
    Days on market: 9
  7. 2 beds, 2.5 baths
    Home size: 2,270 sq ft
    Lot size: 10.66 ac
    Year built: 1979
    Parking spots: 2
    Days on market: 16
  8. 4 beds, 5.5 baths
    Home size: 9,343 sq ft
    Parking spots: 2
    Days on market: 16
  9. 2 beds, 2.0 baths
    Home size: 1,639 sq ft
    Lot size: 4.08 ac
    Year built: 1964
    Days on market: 16
  10. 2 beds, 3.5 baths
    Home size: 3,597 sq ft
    Year built: 2010
    Parking spots: 2
    Days on market: 19
  11. 2 beds, 3.5 baths
    Home size: 3,597 sq ft
    Year built: 2010
    Parking spots: 2
    Days on market: 19
  12. 4 beds, 4.5 baths
    Home size: 4,642 sq ft
    Year built: 2010
    Parking spots: 2
    Days on market: 19
  13. 2 beds, 2.0 baths
    Home size: 1,580 sq ft
    Lot size: 13.53 ac
    Year built: 1986
    Parking spots: 2
    Days on market: 29
  14. 1 bed, 1.0 baths
    Home size: 805 sq ft
    Year built: 1966
    Days on market: 34
  15. 2 beds, 2 full, 1 part baths
    Home size: 2,494 sq ft
    Lot size: 10.66 ac
    Year built: 1979
    Days on market: 34

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

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Date last updated: 5/20/13 11:59 AM PDT

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