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: 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...]

Century City Condos Market Report October 2012

Century City continues to be a popular neighborhood for those seeking full service buildings, with amenities and plenty of outdoor space.  As with many other neighborhoods, inventory is low, but let's see what happened in October as far as sales and new listings:   Building Sold +/- Sept. Price Range Avg. Price per S/F* Total Active New Oct. Under Contract The Century** 0 =   N/A  $1,086.55 11  N/A 0 Century Hill 2 +1 $987,500 to … [Read more...]

Century City Condos | Third Quarter Market Report 2012

It's time to check in on how the Century City condo market is doing so far this year.   Building Sold Over 2011 Median % Over 2011 Avg. Price per S/F Active Escrow Market The Century*  8 -1  $3,125,000 -7.41  $1,026.87 10  0 Century Hill 11  +5  $975,000 -7.14 $431.73  11  1 Le Parc 7 +2  $1,000,000 -33.33 $485.58  3  0 Century Woods 3 =  $759,900  -33.92 $463.59 1 0 Century … [Read more...]

Century City Condos Half Yearly Market Report June 2012

How are Century City condo sales doing? Century Hill Sold:  6 = +5  in 2nd Quarter Median Price:  $1,030,000 Average Price Per Sq. Ft:  414.93 Active Listings:  20 Units Under Contract:  2 Century Towers – 2220 & 2222 Avenue of the Stars Sold:  4 - +3 in 2nd Quarter Median Price:  $825,500 Average Price Per Sq. Ft:  $534.92 Active Listings:  12 Units Under Contract:  4 Century Woods Sold:  3 - +2 in 2nd Quarter Median Price:  $759,900 Average … [Read more...]

Century City Condos | Half Yearly Market Report June 2012

Century City is a commercial and residential areas just west of Beverly Hills, and southeast of Westwood.  Built on what used to be the backlot of Twentieth Century Fox which still has its home to the south, it combines shopping, offices and upscale living.  Century City competes with Downtown L.A. for the largest concentration of law firms in the city.  (One of the office buildings stood in for Nakatomi Plaza in the first "Die Hard" movie.) Century City is a mere 176 acres (.275 square … [Read more...]

Century City Condos | Market Report 1st Quarter 2012

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...]

Century City Condo Sales

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...]

Century City Condos – Market Report February 2011

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...]

Looking for a Century City Condo? How is the Market Doing?

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 Condos – Century City Real Estate Report

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...]

Century City Market Report – Condos For Sale

Condo Building For Sale Low Median High Avg DOM Avg Sq. Ft. The Century*, 1 Century Drive 11 $2,700,000 $5,050000 $14,300,000 124 3,590 Le Parc, Empyrean Way 3 $1,495,000 $1,689,500 $2,100,00 207 2,432 Century Woods, 2 $1,650,000 $2,950,000 $4,250,000 47 3,858 Century Towers, Avenue of the Stars 16 $560,000 $1,385,000 $3,995,000 128 1,904 Park Place, Century Park Lane 8 $699,000 $837,450 $1,449,000 66 1,879 Century … [Read more...]

Century City Homes Sold

Condo Building Sales Difference Low Median High Avg DOM % Sold vs List Price The Century*, 1 Century Drive 11 0 $2,850,000 $7,300,000 $27,000,000 32 Le Parc, Empyrean Way 6 0 $1,000,000 $1,387,500 $1,900,00 106 96.63 Century Woods, 1 0 $1,240,000 101 91.85 Century Towers, Avenue of the Stars 17 +1 $490,000 $900,000 $1,680,000 88 92.71 Park Place, Century Park Lane 16 +1 $590,000 $739,000 $1,340,000 70 93.06 Century … [Read more...]

Century City Homes for Sale

Condo Building For Sale Low Median High Avg DOM Avg Sq. Ft. The Century*, 1 Century Drive 10 $2,700,000 $5,175,000 $14,300,000 100 3,672 Le Parc, Empyrean Way 4 $1,450,000 $1,650,000 $2,100,00 145 2,564 Century Woods, 1 $4,250,000 53 4,843 Century Towers, Avenue of the Stars 14 $560,000 $1,385,000 $3,995,000 119 1,747 Park Place, Century Park Lane 10 $699,000 $875,000 $1,550,000 87 1,860 Century … [Read more...]

Century City Homes Sold Over the Past Year

Condo Building Sales Low Median High Avg DOM % Sold vs List Price The Century*, 1 Century Drive 11 $2,850,000 $7,300,000 $27,000,000 32 Le Parc,  Empyrean Way 6 $1,000,000 $1,387,500 $1,900,00 106 96.63 Century Woods, 1 $1,240,000 101 91.85 Century Towers, Avenue of the Stars 16 $490,000 $935,500 $1,680,000 76 93.19 Park Place, Century Park Lane 15 $590,000 $740,000 $1,340,000 72 92.81 Century … [Read more...]