Century City Condos, The Year in Review

Century City condos offer you a variety of options.  You have the options of high rise living a little away from the hustle and bustle, and also low-rise buildings with lots of open grounds.

Below is an example of one of the spectacular views you get from the Century Towers buildings at 2220 and 2222 Avenue of the Stars:

Century City Condos the year in review

We should check in and see how the market performed in 2012 as compared with the previous year.

Building Sold +/- 2011 Median +/- 2011 Avg. Price per S/F Active Median Pending
The Century* 10 +1  $3,175,000 -6.62%  $1,028.56 9 $4,500,000 1
Century Hill 14  +7  $1,061,250 +17.92% $431.45  11 $1,295,000 1
Le Parc 8 +3  $1,025,000 -31.67% $504.99 4 $1,472,000 2
Century Woods 4 +1  $879,950 -23.48% $438.98 1 N/A 0
Century Towers 16 +6 $888,600 +25.60% $570.18 10 $979,500 1
Park Place 20 +9 $703,500 +8.23% $467.70 3 $759,500 2
Century Park East 25 +1 $475,000 +16.56%  $442.58 4 $507,250 3

 

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.

Overall Century City condo sales were up in 2012 over the previous year.  Median prices were up in all buildings except Century Woods, Le Parc, and The Century, but only slightly down at The Century.  And apart from The Century, and Century Hill the market is balanced or geared towards sellers.

Related Posts

Century City Condos for Sale | Half Yearly Market Report 2012
Century City Condos | Market Report 1st Qtr. 2012
Century City Condo Market Report 2011

Condos for sale in Century City


 

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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.

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Comments

  1. I know you know Century City Condos but, I love the Wilshire Corridor view from these condos! Simply SPECTACULAR views from this one! It will sell quickly–the view itself is worth a million dollars!

  2. That’s exactly what everyone says. A million dollar view.

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