Century City Condos. How is the Market Doing?

In many areas of Los Angeles the year got off to a slow start in terms of real estate sales and certainly new homes coming on the market.  One of the more desirable neighborhoods is Century City, and last year showed that the market was geared towards sellers.

How is the market doing for Century City condos?

Let’s see how the first two months treated the Century City condo market.

Building Sold +/- 2012 Median +/- 2012 Avg. Price per S/F Active New Median Pending
The Century* 4 +2  $2,925,000 +10.38%  $964.17 10 N/A $4,025,000 0
Century Hill 2  +2  $1,005,000 N/A $388.41 7 1 $1,550,000 4
Le Parc 3 +2  $1,325,000 N/A $511.82 5 4 $1,595,000 4
Century Woods 0 -1  N/A N/A N/A 2 1 $1,847,500 1
Century Towers 3 +3 $1,000,000 N/A $606.38 7 4 $939,000 3
Park Place 1 = $750,000 +11.54% $555.56 3 3 $769,000 2
Century Park East 4 +1 $450,000 -20.30%  $429.87 7 7 $645,000 4

 

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

Information provided by the MLS/CLAW deemed reliable but no guaranteed

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

Based on sales over the past six months, the Century City condo market is stable with the exception of The Century which favors buyers and Park Place which favors sellers.  Where reported, the median sales price is up except for Century Park East.

Quite a few listings came on the market in January and February, maybe a sign that Century City condo sellers are testing the waters?

Century City condos for sale

See all Century City Condos for Sale.
(all data current as of 4/26/2015)

  1. 1 bed, 1 full bath
    Home size: 853 sq ft
    Lot size: 5.12 ac
    Year built: 1966
    Parking spots: 3
    Days on market: 12
  2. 2 beds, 2 full baths
    Home size: 1,340 sq ft
    Lot size: 13.53 ac
    Year built: 1985
    Days on market: 12
  3. 2 beds, 2 full, 1 part baths
    Lot size: 4.08 ac
    Year built: 1964
    Parking spots: 8
    Days on market: 15
  4. 3 beds, 4 full, 1 part baths
    Home size: 6,195 sq ft
    Lot size: 3.71 ac
    Year built: 2010
    Days on market: 19
  5. 2 beds, 1 full, 2 part baths
    Home size: 1,955 sq ft
    Lot size: 10.66 ac
    Year built: 1979
    Days on market: 19
  6. 3 beds, 4 full, 1 part baths
    Home size: 6,195 sq ft
    Year built: 2010
    Days on market: 20
  7. 4 beds, 4 full, 1 part baths
    Home size: 5,452 sq ft
    Year built: 2010
    Days on market: 20
  8. 1 bed, 1 full bath
    Home size: 864 sq ft
    Lot size: 5.12 ac
    Year built: 1966
    Days on market: 24
  9. 2 beds, 1 full, 2 part baths
    Home size: 2,011 sq ft
    Lot size: 10.66 ac
    Year built: 1979
    Days on market: 25
  10. 2 beds, 2 full baths
    Home size: 1,600 sq ft
    Lot size: 4.08 ac
    Year built: 1964
    Days on market: 26
  11. 3 beds, 2 full, 1 part baths
    Home size: 1,773 sq ft
    Year built: 1989
    Days on market: 26
  12. 2 beds, 2 part baths
    Home size: 1,416 sq ft
    Lot size: 5.12 ac
    Year built: 1966
    Days on market: 26
  13. 2 beds, 2 full, 1 part baths
    Home size: 1,659 sq ft
    Lot size: 13.53 ac
    Year built: 1988
    Days on market: 26
  14. 4 beds, 4 full, 1 part baths
    Home size: 5,724 sq ft
    Year built: 2010
    Days on market: 27
  15. 1 bed, 1 full bath
    Home size: 832 sq ft
    Lot size: 5.12 ac
    Year built: 1966
    Days on market: 28

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

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

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