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...]
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...]
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...]
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...]
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 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. Once the back lot of Twentieth Century Fox, this is where Century City derived it's name. Century City is home to many luxurious high and low rise condominium buildings, the newly renovated Westfield Shopping Center, and office complexes that house many law firms and businesses with ties to the entertainment industry … [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...]
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...]
You are new to Los Angeles, thinking of buying a home in Los Angeles, but have no idea where to start. We could use West Los Angeles as an area, but this is such a loose term and there arguments as to what really constitutes West Los Angeles. In my mind West Los Angeles is an area that stretches from Westwood south to Rancho Park and Palms, west to Beverly Hills, and east to Brentwood and Santa Monica, and for the purposes of this post it will be included together with Century City, … [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...]
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...]
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...]
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...]
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...]
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...]
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...]
