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In this strong sellers' market, let's see how Wilshire Corridor condo sales did in the first quarter of 2013. How did sales compare with the last Quarter of 2012? Building Sold +/ Median Price +/- Avg. Price Per Sq. Ft.** Total Active Median Price Pending Beverly West* U N L I S T E D Blair House 0 -4 N/A N/A $684.06 7 $975,000 0 Crown Towers 2 = $472,500 -17.40% $384.93 1 $499,900 2 La … [Read more...]
It is the new year and time to see what happened with the Wilshire Corridor condo market in January. There is a desperate shortage of inventory, sales prices are rising, and the luxury market which has been stagnant for a while is finally starting to move. So, let's take a look: Wilshire Corridor condo sales Sold +/- Price Range Median Price +/- Active Median New Jan. Pending Sold v List Price 6 -5 $400,000 to … [Read more...]
Another year has flown by and it is time to check in on the Wilshire Corridor condo market to see how sales progressed over 2012 compared with 2011. Was there any improvement? Let's take a look. The figures are based on 2 bedrooms units and up and do not include penthouse units. Building Sold +/2011 Median Price +/- 2011 Avg. Price Per Sq. Ft.** Total Active Median Price Pending Beverly … [Read more...]
The Wilshire Corridor condo market has been pretty quiet over the past few months. Let's see how October compares to September. Building Sold +/- Sept. Price Range Avg. Price Per Sq. Ft.** Total Active New Oct. Pending Beverly West* $1,202.50 Blair House 0 = N/ A $536.79 3 0 1 Crown Towers 0 -1 N/A $407.62 6 0 1 La Tour 1 +1 $1,920,000 $655.42 3 0 0 Marie … [Read more...]
Let's see how the Wilshire Corridor condo market is doing so far this year. Information taken from the MLS/CLAW deemed reliable but not guaranteed. Building Sold Over 2011 Median Price % Over 2011 Avg. Price per Sq. Ft. Active Pending Market Beverly West* 1 N/A $5,000,000 N/A $1,202.50 ? 0 Blair House 3 +1 $1,538,000 22.65 $765.74 4 0 Crown Towers 4 +3 $425,000 4.93 $395.20 6 0 La … [Read more...]
Time to check in on the Wilshire Corridor condo market and see how it did over the first half of 2012. Building Sold Over 2011 2nd Over 1st Qtr Median Price Over 2011 Avg. Price per Sq. Ft. Active Pending Market Beverly West* 1 N/A N/A $5,000,000 N/A $1,202.50 ? 0 Blair House 2 +1 +2 $2,277,500 N/A $879.17 5 0 Crown Towers 3 +1 +1 $375,000 -19.35% $354.38 5 0 La Tour 0 -3 = N/A N/A N/A 5 0 Marie … [Read more...]
Let's take a look at the Wilshire Corridor Condo activity for May 2012. Building Sold YTD Sold in May Avg. Price Per S.F.+ Median Price Active Pending Market Beverly West* 1 0 $1,202.50 $5,000,000 Blair House 2 +1 $879.17 $3,777,500 5 0 Crown Towers 1 0 $341.22 $375,000 4 2 La Tour 0 0 N/A 5 0 Marie Antoinette 2 0 $301.58 $440,000 0 1 Park Wilshire 4 1 $360.57 $616,000 8 0 Ten Five … [Read more...]
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. Beverly West – 1200 Club View Drive: Sold: 1, $5,000,000. Active: 34 Blair House - 10490 Wilshire Blvd: Sold: 1, $3,700,000. Active: 3 Crown Towers - 10701 Wilshire Blvd: Sold: 1, $375,000. Active: 3 La Tour – 10380 Wilshire Blvd: Sold: 0. Active: 6 Marie Antoinette - … [Read more...]
The Wilshire Corridor Condo Market report for 2011 is based on units of 2 bedrooms and up, not including penthouses. This will provide a more realistic picture. For sales by numbers of bedrooms check out each individual Wilshire Corridor building page. What is Market Absorption? Market absorption trends show the rate that properties are selling compared with inventory which enables us to see if it is a sellers’ or buyers’ market. 6 months worth of inventory is a balanced market. … [Read more...]
As always, for those of you thinking of buying a Wilshire Corridor condo I endeavor to keep you informed on a monthly basis about condos sold and available units. The statistics below are for Wilshire Corridor condo sales for the month of March. Wilshire Corridor Sales Report March 2011 Condo Building Sold Avg. Sold Price Avg. Price Per SF Avg. DOM Active Avg. Price Avg. Price Per SF Absorption Rate Beverly West* 0 1 $7,767,100 $1,867.99 3 The … [Read more...]
If you are looking for a lease on the Wilshire Corridor find out what is available in different price brackets. Information from MLS/CLAW deemed reliable, but not guaranteed. There are 15 Wilshire Corridor condos under $3,000 per month available. With 30 having been leased over the past year, that leaves about 6 months of inventory. Somewhat of a balanced market. From $3,000 to $5,000 there are 16 units available. 38 were leased over the past year. Again this is 6 months of inventory … [Read more...]
If you are thinking of buying a condo on the Wilshire Corridor then you might want to check out what is available right now, the differences in the buildings, and the average price in each of the Wilshire Corridor buildings over the past year. The chart below shows the number of listings in each building, the low, high, and average price of those units, and the number of days they have been sitting on the market. The last column shows the number of Wilshire Corridor condos sold over the past … [Read more...]
If you are wondering how the Wilshire Corridor real estate market is doing below is the report of sales and leases for January, 2011. The comparison to December 2010 Wilshire Corridor condo sales is as follows: An increase of 15 new listings A decrease in sales of 14 An increase in under contract units of 11, which bodes well for February. Below is a market absorption chart for the Wilshire Corridor condo market. So how is the the market doing? With 11 months of inventory, Los Angeles … [Read more...]
The Wilshire Corridor, the heart of Westwood Los Angeles real estate, is also known as The Golden Mile. The Wilshire Corridor is approximately 2-mile stretch of luxury condominium buildings which runs from just east of Westwood Village to the west side of the Los Angeles Country Club. If you are looking for the ultimate in luxury then consider a condominium on The Wilshire Corridor and prepare to be pampered beyond your wildest dreams. Many of the Wilshire Corridor buildings have full … [Read more...]
Condo Building Condos Available Low Median High Avg Sq Ft Avg Days on Market Beverly West,* 1200 Club View 7 $1,600,000 $4,967,000 $7.100,000 3,691 225 Blair House, 10490 Wilshire 4 $875,000 $1,049,500 $2,.395,000 1,953 129 Crown Towers, 10701 Wilshire 5 $475,000 $679,00 $699,900 1,243 94 La Tour, 10380 Wilshire 8 $1,650,000 $2,237,000 $2,995,000 3,141 301 Marie Antoinette. 10787 … [Read more...]
Compare previous month Condo Building Sales Change over Last Month Low Median High Avg DOM % Sold vs List Price Beverly West,* 1200 Club View 0 0 The Carlyle,** 10776 Wilshire 1 $7,265,500 0 63.20 Blair House, 10490 Wilshire 3 0 $1,190,000 $2,700,000 $4,000,000 132 93.59 The Californian, 10800 Wilshire 7 0 $1,250,000 $1,900,000 $4,825,000 246 90.81 The Remington, 10727 … [Read more...]
Condo Building Condos Available Low Median High Avg Sq Ft Beverly West,* 1200 Club View 7 $1,600,000 $4,967,000 $7.100,000 3,691 Blair House, 10490 Wilshire 3 $875,000 $1,300,000 $2,.395,000 2,043 Crown Towers, 10701 Wilshire 5 $475,000 $679,00 $699,900 1,243 La Tour, 10380 Wilshire 8 $1,795,000 $2,295,000 $2,995,000 3.141 Marie Antoinette. 10787 Wilshire 3 $390,000 $420,000 $575,000 1,459 Park Wilshire, 10724 … [Read more...]
Condo Building Sales Low Median High Avg DOM % Sold vs List Price Beverly West,* 1200 Club View 0 The Carlyle,** 10776 Wilshire 2 $4,700,000 $5,983,750 $7,267,500 46 75.17 Blair House, 10490 Wilshire 3 $1,190,000 $2,700,000 $4,000,000 132 93.59 The Californian, 10800 Wilshire 7 $1,250,000 $1,900,000 $4,825,000 246 90.81 The Remington, 10727 Wilshire 4 $1,150,000 $1,876,250 $3,350,000 181 93.42 La Tour, … [Read more...]
