Another year has flown by and it is time to check in on the Wilshire Corridor condo market to see how sales progressed over 2012 compared with 2011. Was there any improvement? Let’s take a look.
The figures are based on 2 bedrooms units and up and do not include penthouse units.
| Building | Sold | +/2011 | Median Price | +/- 2011 |
Avg. Price |
Total |
Median Price |
Pending |
| Beverly West* | 1 | +1 | $5,000,000 | N/A | $1,202.50 | N/A | N/A | N/A |
| Blair House | 4 | +2 | $1,393,500 | +11.08% | $684.06 | 3 | $2,625,000 | 0 |
| Crown Towers | 1 | -5 | $475,000 | N/A | $415.36 | 3 | $785,000 | 2 |
| La Tour | 2 | -3 | $2,060,000 | +17.71% | $655.42 | 2 | $2,312,000 | 1 |
| Marie Antoinette | 5 | -1 | $400,000 | -10.10% | $287.20 | 0 | N/A | 2 |
| Park Wilshire | 6 | -2 | $692,544 | -4.80% | $368.78 | 1 | $1,299,000 | 1 |
| Ten Five Sixty | 8 | +4 | $962,500 | -0.62% | $472.32 | 4 | $964,500 | 2 |
| The Californian | 5 | +1 | $2,100,000 | +16.67 | $789.71 | 5 | $2,795,000 | 0 |
| The Carlyle** | 4 | +3 | $2,525,000 | N/A | $851.47 | 7 | $3,795,000 | 2 |
| The Churchill | 2 | -2 | $562,500 | +25.84% | $330.79 | 2 | $607,000 | 0 |
| The Diplomat | 2 | = | $1,060,000 | +21.14% | $477.80 | 0 | N/A | 0 |
| The Dorchester | 6 | +4 | $712,500 | +18.26% | $403.27 | 3 | $750,000 | 2 |
| The Grand | 4 | = | $615,000 | -10.87% | $348.05 | 0 | N/A | 1 |
| The Longford | 3 | +2 | $525,000 | N/A | $389.50 | 3 | $948,880 | 0 |
| The Mirabella | 3 | -2 | $980,000 | -10.91% | $473.43 | 1 | $1,330,000 | 1 |
| Regency Wilshire | 1 | = | $1,700,000 | N/A | $471.96 | 1 | $1,495,000 | 0 |
| The Remington | 6 | +1 | $1,542,000 | +14.22% | $675.45 | 4 | $2,845,000 | 0 |
| The Venezia | 0 | -1 | N/A | N/A | N/A | 0 | N/A | 0 |
| The Westford | 2 | -1 | $1,007,200 | +3.30% | $473.98 | 1 | $1,299,000 | 3 |
| The Westholme | 7 | +3 | $483,000 | +34.17% | $320.93 | 4 | $847,000 | 0 |
| The Wilshire | 4 | = | $1728,875 | +32.48% | $637.05 | 0 | N/A | 0 |
| Wilshire Comstock | 8 | = | $615,000 | -20.02% | $390.76 | 1 | $750,000 | 3 |
| Wilshire Holmby | 4 | -2 | $460,000 | -0.86% | $336.79 | 0 | N/A | 0 |
| Wilshire House | 5 | +2 | $1,900,000 | +43.29% | $726.84 | 2 | $2.085,000 | 0 |
| Wilshire Manning | 1 | = | $1,160,000 | N/A | $476.78 | 6 | $1,061,500 | 0 |
| Wilshire Marquis | 5 | -2 | $495,000 | +17.86 | $435.79 | 1 | $590,000 | 1 |
| Wilshire Regent+ | 12 | +4 | $406,250 | -29.35% | $526.52 | 2 | $475,000 | 2 |
| Wilshire Selby E.+ | 5 | +2 | $450,000 | +4.65% | $421.00 | 0 | N/A | 0 |
| Wilshire Selby W.+ | 1 | -5 | $355,000 | N/A | $416.18 | 0 | N/A | 1 |
| Wilshire Terrace | 5 | +4 | $572,500 | N/A | $317.08 | 1 | $795.000 | 1 |
| Wilshire Thayer | 1 | -3 | $1,150,000 | N/A | $535.88 | 2 | $540,000 | 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 listing information is presently available on the MLS.
**The Carlyle sells in house also, so the figures may not be totally accurate.
+These figures include one bedroom units
The majority of Wilshire Corridor condo buildings are favoring sellers, the exceptions being, Beverly West, Blair House, La Tour, The Longford, Regency Wilshire, Wilshire Manning, and The Thayer. The Californian, The Remington, The Churchill, and The Westford are all balanced between buyers and sellers.
It is difficult to see a trend with some of the median prices up and others down, the same with number of sales. But overall, buyers are looking for condos on the Wilshire Corridor, and som fresh, new inventory would be welcome.
Recent market reports
Wilshire Corridor Condo Market Report November 2012
Wilshire Corridor Condos Market Report October 2012
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 76.
See more Wilshire Corridor Condos for Sale.
(all data current as of
6/18/2013)
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$539,900 : 10535 WILSHIRE, Unit 404, Los Angeles2 beds, 2 full baths
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$420,000 : 10450 WILSHIRE BLVD, Unit 3F, Los Angeles1 bed, 1.0 baths
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$749,000 : 10450 WILSHIRE BLVD, Unit 12G, Los Angeles2 beds, 2 full baths
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$1,911,000 : 10380 Wilshire Boulevard #302, Los Angeles3 beds, 3 full, 1 part baths
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$919,000 : 10445 WILSHIRE BLVD, Unit 905, Los Angeles2 beds, 2.0 baths
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$1,450,000 : 10724 WILSHIRE, Unit 1205, Los Angeles2 beds, 3.0 baths
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$3,295,000 : 10800 WILSHIRE BLVD, Unit 304, Los Angeles3 beds, 3 full, 1 part baths
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$690,000 : 10701 WILSHIRE BLVD, Unit 604, Los Angeles2 beds, 1.75 baths
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$1,070,000 : 10490 WILSHIRE BLVD, Unit 705, Los Angeles2 beds, 2.5 baths
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$1,049,000 : 10375 Wilshire Boulevard #4f, Los Angeles2 beds, 2 full, 1 part baths
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$2,895,000 : 10800 WILSHIRE, Unit 204, Los Angeles3 beds, 3.5 baths
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$575,000 : 10660 WILSHIRE, Unit 403, Los Angeles1 bed, 1 full, 1 part baths
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$1,100,000 : 10590 WILSHIRE, Unit 1603, Los Angeles2 beds, 2 full, 1 part baths
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$3,450,000 : 10727 WILSHIRE, Unit 1505, Los Angeles3 beds, 4.0 baths
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$1,799,999 : 10580 WILSHIRE, Unit 4SE, Los Angeles2 beds, 3.0 baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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Jane, what a comprehensive report about the Wilshire Corridor! I can’t imagine why anyone would go to anyone but you if they were looking to BUY or SELL on the Wilshire Corridor!
Thank you very much, Thom. That is praise indeed coming from the Midtown Atlanta condo expert.