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
$585,000 : 10751 Wilshire, Unit PH9, Los Angeles1 bed, 1 full, 1 part baths
$2,495,000 : 10380 Wilshire, Unit 304, Los Angeles3 beds, 3 full, 1 part baths
$2,550,000 : 10727 Wilshire, Unit 1004, Los Angeles2 beds, 3 full baths
$4,595,000 : 10776 Wilshire, Unit 2002, Los Angeles3 beds, 4 full, 1 part baths
$1,395,000 : 10450 Wilshire, Unit 10A, Los Angeles3 beds, 2 full, 1 part baths
2 beds, 1 full, 1 part baths
1 bed, 2 full baths
$419,000 : 10501 Wilshire, Unit 809, Los Angeles1 bed, 1 full bath
$1,549,000 : 10724 Wilshire Boulevard, Unit 705, Los Angeles2 beds, 2 full, 1 part baths
$2,895,000 : 10776 Wilshire, Unit 1603, Los Angeles2 beds, 2 full, 1 part baths
2 beds, 2 full baths
$2,390,000 : 10590 Wilshire, Unit 1001, Los Angeles4 beds, 4 full baths
$3,695,000 : 10776 Wilshire, Unit 804, Los Angeles3 beds, 4 full, 1 part baths
$2,395,000 : 10727 Wilshire, Unit 1801, Los Angeles2 beds, 4 full baths
$2,999,000 : 10776 Wilshire, Unit 1503, Los Angeles2 beds, 3 full baths
See all Wilshire Corridor Condos for Sale.
(all data current as of 8/27/2015)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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