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. Under 6 months is a sellers’ market, and anything over 6 months is a buyers’ market.
| Condo Building |
Sold | Median Sold Price |
Avg. Price Per SF |
Avg. DOM+ |
Active | Median Price | Avg. Price Per SF | Absorption Rate based on 6 months sales |
| Beverly West* | 6 | $5,226,000 | ||||||
| The Carlyle** | 1 | $3,200,000 | $905.23 | 148 | 6 | $2,574,500 | $956.03 | ** |
| Blair House, | 2 | $1,254,500 | $564.33 | 35 | 2 | $1,997,500 | $896.14 | 5.88 |
| The Californian | 4 | $1,800,000 | $754.39 | 185 | 4 | $2,845,000 | $1,024.13 | 10 |
| The Remington | 5 | $1,350,000 | $715.78 | 73 | 3 | $1,385,000 | $679.06 | 4.82 |
| La Tour | 5 | $1,750,000 | $656.33 | 51 | 4 | $2,547,000 | $807.60 | 8 |
| The Longford | 1 | $425,000 | $297.83 | 113 | 0 | Sellers’ | ||
| Regency Wilshire | 1 | $950,000 | $396.99 | 99 | 2 | $1,631,500 | $531.95 | 11.76 |
| The Wilshire | 4 | $1,305,000 | $547.09 | 129 | 3 | $1,650,000 | $609.55 | 4.48 |
| Wilshire House | 3 | $1,326,000 | $464.75 | 88 | 5 | $2,100,000 | $832.49 | 15.15 |
| Park Wilshire | 7 | $740,000 | $389.28 | 60 | 5 | $995,000 | $389.28 | 15.15 |
| The Grand | 4 | $690,000 | $405.51 | 103 | 1 | $895,000 | $542.75 | 6 |
| The Mirabella | 5 | $1,100,000 | $465.37 | 82 | 1 | $959,000 | $465.37 | 2 |
| The Venezia | 1 | $1,200,000 | $628.93 | 41 | 0 | Sellers’ | ||
| Ten Five Sixty | 4 | $970,00 | $551.93 | 96 | 5 | $1,129,000 | $607.59 | 15.15 |
| Wilshire Manning | 1 | $1,050,000 | $402.61 | 98 | 5 | $1,250,000 | $559.32 | 30+ |
| The Churchill | 3 | $444,000 | $273.72 | 100 | 0 | Sellers’ | ||
| Wilshire Comstock | 3 | $789,000 | $399.36 | 79 | 1 | $575,000 | $385.39 | 3.03 |
| Wilshire Terrace | 3 | $2,150,000 | $644.73 | 57 | 3 | $1,100,000 | $500.06 | 6 |
| Crown Towers | 6 | $427,500 | $316.30 | 82 | 3 | $675,000 | $490.06 | 4.48 |
| Marie Antoinette | 6 | $444,950 | $290.99 | 88 | 2 | $424,000 | $290.61 | 2.99 |
| The Diplomat | 2 | $875,000 | $414.10 | 313 | 1 | $799,000 | $390.71 | N/A |
| The Dorchester | 2 | $602,500 | $427.91 | 32 | 3 | $599,000 | $427.91 | 9.09 |
| The Westford | 3 | $975,000 | $443.01 | 48 | 0 | Sellers’ | ||
| The Westholme | 3 | $360,000 | $284.97 | 187 | 3 | $735,000 | $411.16 | 18.75 |
| Wilshire Holmby | 6 | $464,000 | $315.58 | 39 | 0 | Sellers’ | $807.60 | 8 |
| Wilshire Regent | 6 | $600,000 | $479.52 | 108 | Sellers’ | |||
| Wilshire Selby E. | 2 | $425,000 | $420.17 | 265 | 0 | Sellers’ | ||
| Wilshire Selby W. | 0 | 0 | Sellers’ | |||||
| Wilshire Thayer | 3 | $560,000 | $359.44 | 69 | 3 | $679,000 | $462.82 | 18.75 |
| Wilshire Marquis | 7 | $420,000 | $385.76 | 90 | 1 | $549,900 | $392.79 | .08 |
All information from the CLAW MLS is deemed accurate but is not guaranteed.
Absorption Rate: 6 months = balanced market; Over 6 months = buyers’ market; Under 6 months = sellers’ market
* The Beverly West has just opened its sales office so statistics are not yet applicable for this building. There is one unit in escrow at a list price of $5,717,250.
** The Carlyle sells in-house also so numbers are not accurately reflected.
Average days on the market are also skewed by the fact that a listing could come on the market, sell quickly and not reflect that some units in the same building have been on the market for two years or more.
However, interpreting the above statistics as best we can the preponderance of Wilshire Corridor condos favor a sellers’ market.
Search Wilshire Corridor Condos for Sale
Showing properties
1 - 25 of 82.
See more Wilshire Corridor Condos for Sale.
(all data current as of
5/19/2013)
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$415,000 : 10751 WILSHIRE, Unit 805, Los Angeles1 bed, 2.0 baths
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$599,500 : 10550 WILSHIRE, Unit 604, Los Angeles2 beds, 2.0 baths
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$3,000,000 : 10375 WILSHIRE, Unit 14A, Los Angeles2 beds, 4.0 baths
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$1,200,000 : 10590 WILSHIRE BLVD, Unit 1403, Los Angeles2 beds, 3.0 baths
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$429,900 : 10751 Wilshire Boulevard #605, Los Angeles1 bed, 2 full baths
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$549,000 : 10535 WILSHIRE BLVD, Unit 604, Los Angeles2 beds, 1 full, 1 part baths
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$2,975,000 : 10375 WILSHIRE, Unit 1B, Los Angeles2 beds, 3.0 baths
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$12,800,000 : 10601 WILSHIRE BLVD, Unit PHW, Los Angeles3 beds, 5.0 baths
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$990,000 : 10660 WILSHIRE BLVD, Unit 1004, Los Angeles2 beds, 2.5 baths
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$2,349,000 : 10580 WILSHIRE, Unit 7NW, Los Angeles2 beds, 3.0 baths
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$1,099,000 : 10375 WILSHIRE BLVD, Unit 12B, Los Angeles2 beds, 2.5 baths
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$3,495,000 : 10727 WILSHIRE BLVD, Unit 1905, Los Angeles3 beds, 3.5 baths
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$984,000 : 10724 WILSHIRE, Unit 305, Los Angeles2 beds, 3.0 baths
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$925,000 : 10724 WILSHIRE, Unit 311, Los Angeles2 beds, 2 full, 1 part baths
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$3,495,000 : 10727 WILSHIRE BLVD, Unit 1705, Los Angeles3 beds, 3.5 baths
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$699,000 : 10790 Wilshire Blvd, Unit 502, Los Angeles2 beds, 2.5 baths
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$399,000 : 10450 WILSHIRE BLVD, Unit 9D-1, Los Angeles1 bed, 1.5 baths
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$2,375,000 : 10490 WILSHIRE BLVD, Unit 1501, Los Angeles3 beds, 2 full, 1 part baths
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$2,985,000 : 10580 WILSHIRE BLVD, Unit 13 SW, Los Angeles2 beds, 3 full, 1 part baths
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$749,000 : 10750 WILSHIRE BLVD, Unit 703, Los Angeles2 beds, 2 full, 1 part baths
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$495,000 : 875 Comstock Avenue #4C, Los Angeles1 bed, 2 part baths
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$3,550,000 : 10727 WILSHIRE BLVD, Unit 1604, Los Angeles2 beds, 3.5 baths
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$1,450,000 : 10727 WILSHIRE, Unit 505, Los Angeles2 beds, 2 full baths
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$499,000 : 10787 WILSHIRE BLVD, Unit 1101, Los Angeles3 beds, 2 full, 1 part baths
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$2,395,000 : 10727 WILSHIRE, Unit 1701, Los Angeles2 beds, 3.0 baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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