Los Angeles Real Estate and Homes for Sale
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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. 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 … [Read more...]
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: 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 … [Read more...]
If you are looking for a Century City Condo for sale, let's check out the market so far this year. The figures in the 2011 and 1st Qtr columns are the differences over the previous period. Building Sold 2011 1st Qtr Median Avg. Price per S/F Active Escrow Market The Century* 7 +1 +1 $3,100,000 $1,030.48 11 1 Century Hill 6 +2 +5 $1,030,000 $414.03 17 4 Le Parc 5 +3 +2 $870,000 $426.65 2 1 Century … [Read more...]
How is the Century City condo market faring? Let's see how the 1st Qtr of 2012 compares with the same period in 2011. Number sold: 22, a 29.41% increase over the same period last year. Median Price: $738,700, a 26.27% increase over the same period last year. There are 76 active listings and with an average sale of 7.33 per month over the past 3 months the absorption rate is 10.37. This means it will take that long to sell the existing inventory based on the previous average. A … [Read more...]
Let's see how the Century City real estate market performed in 2011 by building. Century Hill Sold: 7 / = to same period previous year Median Price: $900,000 / +2.86 over same period last year Average Price Per Sq. Ft: 521.79 Active Listings: 22 Absorption Rate*: 16 months Century Towers - 2220 & 2222 Avenue of the Stars Sold: 10 / -3 over previous year Median Price: $707,500 / -9.18 over same period previous year Average Price Per Sq. Ft: $619.33 Active … [Read more...]
If you are considering buying or selling a Century City condo, then it is time to check out the market so far this year. Let's see what has been going on. Condo Building Sold Low Average High Avg DOM % Sold vs List Price Active Avg DOM The Century*, 1 Century Drive 10 $2,300,000 $3,685,000 $5,300,000 28 86.3 15 261 Century Hill 6 $750,000 $1,091,667 $1,600,000 156 91.35 20 241 Le Parc, Empyrean … [Read more...]
Let's see how Century City Condo sales have fared over the first half of 2011. Condo Building Sold Low Average High Avg DOM % Sold vs List Price Active Avg DOM The Century*, 1 Century Drive 6 $2,300,000 $3,412,500 $5,150,000 45 87.31 8 358 Century Hill 4 $900,000 $1,225,000 $1,600,000 210 90.40 17 329 Le Parc, Empyrean Way 2 $1,225,000 $1,387,500 $1,550,000 35 91.77 4 136 Century … [Read more...]
If you are buying a condo in Century City let's see what is available for purchase. Century City condos for sale right now, run from $272,000 for a 1 bed, 1 bath, 500 sq. ft. unit at Century Park East to $8 million for a 4 bed 5.5 bath, 4,497 sq. ft. unit at The Century. (Century Park East has not been featured in this blog at this point because of the pending assessment still required to be paid off on each unit.) Here is a breakdown of Century City condos for sale by price: Under … [Read more...]
If you are considering buying a Century City condo check out the market below. Be sure to click on each image for more detailed results: Overview of Century City condo sales over past year to February 2011 The statistics to take note of are, in this case February 2010 vs February 2011 as these take seasonality out of the equation: February 2010 had one sale - February 2011 had 3. June 2010 had the highest number of sales - 12 Average days on the market of Century City condos sold … [Read more...]
You are thinking of buying a Century City condo and are wondering how the market is doing. Is it a buyers' or sellers' market? The comparison to December Century City Condo sales is as follows: An increase of 11 new listings An increase in sales of 1 An increase in under contract units of 8. How is the Century City condo market doing? The $18,900,000 high price at The Century skews the figures, and the median price does not tell us much. Ignoring the 1 month figures, the average days … [Read more...]
Century City is a commercial and residential community on the westside of Los Angeles. The borders are Santa Monica to Pico and Century Park East to Century Park West. Century City condos are among the most desirable in the city, and some of the complexes sit on some of the most prime real estate in Los Angeles. Below are the Century City condo sales statistics for 2010. These figures will be updated on a monthly basis. Condo Building Sales Low Median High Avg DOM % Sold vs … [Read more...]
I was recently given a private tour of The Century at Century City. All I can say is, I was greatly impressed. From the moment you enter the gates of The Century you are treated like royalty. And I was just a guest. I can only imagine how the residents are treated. Related, are the developers of this project, and they also built the new Time Warner Center in New York. The Century lies on 4 acres, rises 41 stories, and holds 140 units. This art deco building boasts as one of its … [Read more...]
Built in 1991, Century Woods in Century City is an exclusive community of condo residences designed by architect, Cliff May. These condos sit in park-like surroundings and and amenities include, indoor and outdoor pools, tennis court, clubhouse, and spa. Century Woods Market Report 2011 Sold: 3 / +3 over previous year Median Price: $1,150,ooo Average Price Per Sq. Ft: $575.198 Active Listings: 0 Century Woods Condos for Sale Century Woods Condos for … [Read more...]
Built in 1979, Le Parc is a prestigious property, beautifully landscaped, French-style complex in the heart of the Century City condo buildings. Amenities include guard-controlled, gated entrance, tennis courts, fitness center, 2 beautiful pools and spas. Le Parc Market Report 2011 Sold: 5 / = to previous year Median Price: $1,500,000 / +9.09% over previous year Average Price Per Sq. Ft: $1,364,000 Active Listings: 2 Absorption Rate: 11.76 months Le Parc Condos for … [Read more...]
Built in 1989 Park Place on Century Park Lane is a prestigious gated community of Century City Condos. Amenities include controlled access, clubhouse, pool, sauna, sundeck, tennis courts and exercise room. Park Place Market Report 2011 Sold: 11/ -5 over previous year Median Price: $650,000/-12.04 over previous year Average Price Per Sq. Ft: $450.36 Active Listings: 4 Absorption Rate: 4 months Park Place Condos for Sale Park Place Condos for Lease View Park … [Read more...]
Built in 1980, Century Hill in Century City is a 20 acre park-like complex with a mix of 280 town-houses and single story units. There are many different floor plans and the feel is of single family living. Amenities include 5 swimming pools, two tennis courts, racquet ball court, golf, gym, sauna, and valet. Century Hill Condo Market Report - 2011 Sold: 7 / = to previous year Median Price: $900,000 / +2.86 over previous year Average Price per Sq. Ft: $521.79 Active Listings: … [Read more...]
The Century Plaza, residence of presidents and movie stars when in town will also have 63 of its rooms converted into condos. The $1.5 billion project will be one of the largest developments in decades, and will certainly add to the cachet of Century City and upscale Avenue of the Stars. The skyscrapers will contain 290 condos and 100,000 sq. ft. of office space, and 90,000 sq. ft. of restaurants and stores. Building is scheduled for completion in 2014. Buying or Selling Los Angeles … [Read more...]
Built in 1964 as an apartment complex Century Towers were converted to condominiums in 1972 and have become a landmark for Los Angeles luxury condo complexes. Spread over 6 acres it is the largest condo complex in L.A. I.M. Pei was the original designer and Century Towers, in the heart of the Century City condo district, has been the home to many celebrities over the years. This is a full service complex with amenities including 24-hour guarded gate, doorman, valet, and concierge. There … [Read more...]
Built in 1968 on 6 acres, Century Park East, 2160 and 2170 Century Park East, is the oldest complex in Century City. Century Park East is a full-service complex consisting of 480 units in two buildings. The views from many of the units are spectacular and the amenities include: 24 hour valet and security, state-of-the art gym overlooking an Olympic-sized swimming pool, sauna, tennis court and more. The HVAC system has been upgraded after a special assessment of $21 million. Before … [Read more...]
