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
$1,275,000 : 10590 WILSHIRE Boulevard , Unit 1501, Los Angeles3 beds, 3 full baths
$4,185,000 : 10776 WILSHIRE , Unit 1901, Los Angeles2 beds, 2 full, 1 half baths
$2,500,000 : 10800 WILSHIRE , Unit 602, Los Angeles2 beds, 3 full baths
$575,000 : 10450 WILSHIRE , Unit 11C, Los Angeles1 bed, 1 full bath
$1,995,000 : 10601 WILSHIRE , Unit 303, Los Angeles2 beds, 1 full, 1 three-quarter, 1 half baths
$5,250,000 : 10490 WILSHIRE , Unit 2004, Los Angeles3 beds, 4 full, 1 half baths
$1,795,000 : 10551 WILSHIRE , Unit 1005, Los Angeles2 beds, 2 full, 1 half baths
$899,000 : 10590 WILSHIRE , Unit 308, Los Angeles3 beds, 2 full, 1 half baths
$795,000 : 875 COMSTOCK Avenue , Unit 12E, Los Angeles1 bed, 1 full bath
$1,050,000 : 10450 WILSHIRE , Unit 9J, Los Angeles2 beds, 2 full, 1 half baths
$1,149,000 : 10520 WILSHIRE , Unit 1007, Los Angeles3 beds, 2 full, 1 three-quarter baths
$3,250,000 : 10776 WILSHIRE , Unit 2003, Los Angeles2 beds, 2 full, 1 half baths
$1,495,000 : 10601 WILSHIRE , Unit 301, Los Angeles2 beds, 2 full, 1 half baths
$6,995,000 : 1200 Club View Drive , Unit 12N, Los Angeles2 beds, 2 full, 1 half baths
$1,898,000 : 10790 Wilshire Boulevard , Unit PH2, Los Angeles2 beds, 3 full baths
See all Wilshire Corridor Condos for Sale.
(all data current as of 9/27/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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