Checking in on How Sales are Going on the Wilshire Corridor

It has been a while since we looked at what is for sale on the Wilshire Corridor. Let’s see how sales are going so far this year.

Wilshire Corridor Condos, For Sale on the Wilshire Corridor

Condo Building

Sold

Median Price

Active

Median Price

Absorption

Beverly West *

0

7

$5,304,450

N/A

Blair House 

2

$1,254,500

2

$2,025,000

10

Crown Towers

3

$405,000

3

$675,000

10

La Tour 

4

$2,010,000

5

$2,495,000

12.5

Marie Antoinette 

5

$429,900

4

$474,000

8

Park Wilshire 

7

$740,000

7

$998,000

10

Ten Five Sixty 

4

$970,500

6

$1,062,000

15

The Californian

3

$1,550,000

6

$2,895,000

20

The Carlyle **

1

$3,200,000

5

$2,550,000

50

The Churchill 

4

$422,000

2

$465,000

5

The Diplomat 

2

$875,000

0

-

The Dorchester 

1

$570,000

3

$685,000

30

The Grand 

4

$690,000

2

$757,000

5

The Longford 

1

$425,000

3

$899,000

30

The Mirabella 

5

$1,100,000

2

$1,167,000

4

The Regency Wilshire 

0

1

$1,165,000

133 days on market
The Remington 

5

$1,350,000

4

$2,862,500

8

The Venezia 

1

$1,200,000

0

-

The Westford

3

$975,000

1

$729,000

3.3

The Westholme

3

$360,000

3

$775,000

10

The Wilshire Manning 

2

$738,000

5

$970.000

25

The Wilshire

2

$1,305,000

5

$1,885,000

25

Wilshire Comstock

4

$385,000

2

$569,000

5

Wilshire Holmby

7

$425,000

1

$436,050

1.4

Wilshire House

3

$1,326,000

3

$1,900,000

10

Wilshire Marquis

5

$420,000

1

$550,000

2

Wilshire Regent

4

$542,500

5

$629,900

12.5

Wilshire Selby East 

3

$430,000

2

$429,450

6.7

Wilshire Selby West 

5

$315,000

1

$450,000

2

Wilshire Terrace 

4

$1,587,500

4

$887,500

10

Wilshire Thayer 

4

$660,000

2

$972,000

5

 

 

All information from the CLAW MLS is deemed accurate but is not guaranteed
 
*Beverly West has just opened its doors, so we will have to see how the sales go.  But right now, the units would seem to be extremely overpriced.

**The Carlyle sells a lot in-house, so the figures are not accurate.  Also, several units are being rented.

The median price reflects the mid-point of sales in the building.  Half sold over and half under that price.

The absorption rate is the number of months it will take to sell the remaining units in the building based on the previous months’ sales.

In general, the higher priced buildings are not moving and in some buildings units have been sitting on the market well over a year.  In La Tour for instance two condos have been sitting on the market for 2 years.

If you are interested in buying a condo on the Wilshire Corridor,  this would be a good time to look.

Previous Wilshire Corridor market reports

Wilshire Corridor Homes Report, What Happened in 2010?
What’s Happening on the Wilshire Corridor Right Now
Thinking of Buying on the Wilshire Corridor, First Quarter Sales Report
What’s for Sale on the Wilshire Corridor by Price?
Sales on the Wilshire Corridor, Mid-year Sales Report

Condos for sale on the Wilshire Corridor

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!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

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.

Westside Los Angeles Real Estate, including, but not limited to:

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.

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

Add Comment Register



Speak Your Mind

*