Checking in on The Wilshire Corridor Condo Market

It’s already May 1st.  This year is almost half over.  So without further ado, let’s see what’s been happening in Wilshire Corridor condo market over the first third of 2012.

Westwood Community, The Wilshire Corridor

The above data are taken from the MLS/CLAW.  Deemed reliable but not guaranteed
Red = buyers’ market.  Blue = sellers’ market.  Black = stable market

 If you look at the Wilshire Corridor Condo market report for 2011,  you will see the following changes in terms of absorption rate (the number of months it will take to sell existing inventory, in this case based on the past 4 months sales).  6 months is a stable market, above that is a buyer’s market and below a sellers’ market:

From a buyers’ to a sellers’ market:

The Regency Wilshire
Ten Five Sixty
Wilshire Holmby

From a sellers’ market to a buyers’ market

Blair House
Crown Towers
Wilshire Regent
Wilshire Selby East
Wilshire Selby West

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

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If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

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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.

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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