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 |
Total |
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 Antoinette | 0 | -1 | N/A | $253.60 | 1 | 0 | 0 |
| Park Wilshire | 1 | +1 | $765,088 | $361.01 | 6 | 1 | 0 |
| Ten Five Sixty | 1 | = | $645,000 | $423.31 | 1 | 0 | 3 |
| The Californian | 0 | = | N/A | $895.74 | 3 | 1 | 2 |
| The Carlyle* | 0 | = | N/A | $744.78 | 1 | N/A | 3 |
| The Churchill | 0 | = | N/A | $323.41 | 3 | 0 | 0 |
| The Diplomat | 0 | = | N/A | $477.80 | 0 | 0 | 0 |
| The Dorchester | 0 | = | N/A | $403.27 | 3 | 0 | 1 |
| The Grand | 0 | = | N/A | $365.61 | 0 | 0 | 1 |
| The Longford | 0 | = | N/A | $358.71 | 2 | 0 | 0 |
| The Mirabella | 0 | -1 | N/A | $497.34 | 1 | 0 | 0 |
| Regency Wilshire | 0 | = | N/A | $471.96 | 1 | 0 | 0 |
| The Remington | 1 | +1 | $6,550,000+ | $512.53 | 5 | 2 | 2 |
| The Venezia | 0 | N/A | N/A | N/A | 0 | 0 | 0 |
| The Westford | 1 | +1 | N/A | $473.98 | 0 | 0 | 2 |
| The Westholme | 1 | +1 | $440,000 | $327.80 | 3 | 2 | 0 |
| The Wilshire | 0 | = | N/A | $550.52 | 1 | 0 | 1 |
| Wilshire Comstock | 2 | = | $320,000 to $599,000 | $364.74 | 1 | 0 | 6 |
| Wilshire Holmby | 0 | = | N/A | $351.64 | 0 | 0 | 1 |
| Wilshire House | 0 | -2 | N/A | $646.65 | 2 | 0 | 1 |
| Wilshire Manning | 0 | = | N/A | $439.53 | 7 | 2 | 0 |
| Wilshire Marquis | 0 | -1 | N/A | $435.79 | 2 | 0 | 0 |
| Wilshire Regent | 1 | = | $330,000 | $489.57 | 5 | 1 | 1 |
| Wilshire Selby E. | 0 | -1 | N/A | $420.34 | 0 | 0 | 0 |
| Wilshire Selby W. | 0 | = | N/A | $399.73 | 1 | 0 | 0 |
| Wilshire Terrace | 0 | = | N/A | $382.25 | 2 | 0 | 2 |
| Wilshire Thayer | 0 | = | N/A | $463.72 | 2 | 0 | 1 |
| 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
Wilshire Corridor 3rd Quarter Market Report 2012
Wilshire Corridor Half Year Market Report 2012
Wilshire Corridor Condos for Sale
(Sample listings)
Showing properties
1 - 15 of 81.
See more Wilshire Corridor Condos for Sale.
(all data current as of
5/22/2013)
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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
-
$3,495,000 : 10727 WILSHIRE BLVD, Unit 1705, Los Angeles3 beds, 3.5 baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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