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
$530,000 : 10747 Wilshire, Unit 505, Los Angeles1 bed, 2 full baths
$250,000 : 10450 Wilshire, Unit M3, Los Angeles0 beds, 1 full bath
3 beds, 3 full baths
$1,799,000 : 10580 Wilshire, Unit 4NE, Los Angeles2 beds, 2 full, 1 half baths
2 beds, 2 full, 1 half baths
1 bed, 1 full, 1 half baths
$1,195,000 : 10350 Wilshire, Unit 1102, Los Angeles2 beds, 2 full, 1 half baths
$1,099,000 : 10490 Wilshire Boulevard, Unit 502, Los Angeles2 beds, 2 full, 1 three-quarter baths
1 bed, 1 full, 1 quarter baths
2 beds, 1 full, 1 three-quarter baths
$1,545,000 : 10724 Wilshire Boulevard, Unit 707, Los Angeles3 beds, 3 full, 1 half baths
1 bed, 2 full baths
$1,295,000 : 10724 Wilshire Boulevard, Unit 608, Los Angeles2 beds, 2 full, 1 half baths
$1,250,000 : 10660 Wilshire, Unit 1008, Los Angeles2 beds, 2 full, 1 half baths
$1,995,000 : 10490 Wilshire Boulevard, Unit 404, Los Angeles2 beds, 2 full, 1 half baths
See all Wilshire Corridor Condos for Sale.
(all data current as of 5/30/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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