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||
|Blair House||0||=||N/ A||$536.79||3||0||1|
|Ten Five Sixty||1||=||$645,000||$423.31||1||0||3|
|Wilshire Comstock||2||=||$320,000 to $599,000||$364.74||1||0||6|
|Wilshire Selby E.||0||-1||N/A||$420.34||0||0||0|
|Wilshire Selby W.||0||=||N/A||$399.73||1||0||0|
|Seller’s Market||Stable Market||Buyers’ Market|
|Less than 5 months inventory||5 to 7 months inventory||More than 7 months inventory|
Information taken from the MLS/CLAW deemed reliable but not guaranteed.
* The Beverly West is not presently listing its active condos on the MLS. The first unit did sell quickly. No new figures are presently available.
**The Carlyle sells in house also, so the figures may not be totally accurate.
**This reflects the average over the past 6 months, or where there were no sales (bolded), the past 12 months.
+The Remington unit sold was a 5,290 sq. ft. penthouse suite. The average sq. ft reflects sales over the past 6 months excluding this unit.
The trend on the varies by building.
There are a total of 67 units for sale presently on the Wilshire Corridor(excluding the Beverly West), and 9 sold in the month of October.
With a total of 66 sold over the past 6 months, this averages 11 sold a month which means that it would take 6.09 months to sell the existing inventory and the number for the past three months changes very little.
This indicates that the Wilshire Corridor is a fairly balanced market overall, although the above chart indicates where each building falls.
Recent market reports
$1,050,000 : 10501 WILSHIRE , Unit 1903, Los Angeles2 beds, 2 full baths
$2,375,000 : 10560 WILSHIRE , Unit 1805, Los Angeles2 beds, 2 full, 1 half baths
1 bed, 1 full bath
$2,195,000 : 10724 WILSHIRE Boulevard , Unit 1001, Los Angeles2 beds, 3 full baths
$949,000 : 10787 WILSHIRE , Unit 1504, Los Angeles3 beds, 1 full, 1 three-quarter, 1 half baths
$749,000 : 10701 WILSHIRE , Unit 503, Los Angeles2 beds, 2 full baths
$1,980,000 : 10430 WILSHIRE Boulevard , Unit 2005, Los Angeles2 beds, 2 full, 1 half baths
$985,000 : 865 COMSTOCK Avenue , Unit 2A, Los Angeles3 beds, 3 full baths
$949,000 : 865 COMSTOCK Avenue , Unit 16C, Los Angeles1 bed, 2 full baths
$1,575,000 : 10727 WILSHIRE , Unit 305, Los Angeles1 bed, 2 full baths
$4,295,000 : 10580 WILSHIRE , Unit 91, Los Angeles2 beds, 3 full, 1 half baths
$1,095,000 : 10551 WILSHIRE , Unit 303, Los Angeles2 beds, 3 full baths
$4,995,000 : 10776 WILSHIRE , Unit 1504, Los Angeles3 beds, 4 full, 1 half baths
$1,395,000 : 10430 WILSHIRE , Unit 601, Los Angeles2 beds, 1 full, 1 three-quarter, 1 half baths
$1,400,000 : 10727 WILSHIRE , Unit 1205, Los Angeles2 beds, 2 full baths
See all Wilshire Corridor Condos for Sale.
(all data current as of 10/26/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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