Wilshire Corridor Condos 2nd Qtr 2014 in Review

Originally posted on July 01, 2014


Below is the market activity for Wilshire Corridor condos for the 2nd Quarter of 2014. Let’s see how sales are going.

 

Wilshire Corridor condo market reportThe +/- stats are compared to the 1st Quarter of 2014.

Building Sold +/ Price/
Median Price

Avg. Price
Per Sq. Ft.++

Total
Active

Price/
Median Price

Pending
Beverly West* 0 N/A N/A $1,444.01 1 $7,150,000 1
Blair House 0 = N/A $566.46 2 $2,347,000 0
Crown Towers 0 -1 N/A $416.40 3 $659,000 1
La Tour 2 -1 $2,890,978 $912.99 3 $2,199,900 1
Marie Antoinette 2 +2 $632,000 $433.17 1 $689,000 1
Park Wilshire 2 +2 $947,500 $511.61 2 $1,074,000 1
Ten Five Sixty 1 = $1,850,000 $636.61 1 $1,510,000 1
The Californian 0 = N/A $876.48 2 $5,122,500 0
The Carlyle*
2 = $2,481,250 $890.61 12 $4,095,000 4
The Churchill 1 +1 $830,000 $376.59 6 $802,500 0
The Diplomat 2 +1 $1,244,475 $561.85 1 $1,395,000 1
The Dorchester 0 = N/A $437.47 6 $891,500 2
The Grand 1 = $695,000 $590.53 2 $1,107,50 0
The Longford 1 +1 $931,000 $530.18 3 $769,000 0
The Mirabella 0 -1 N/A $422.50 2 $3,399,500 1
Regency Wilshire 1 +1 $1,215,000 $471.96 1 $1,525,000 0
The Remington 1 -1 $1,310,000 $596.81 8 $1,374,944 0
The Venezia 1 +1 $1,200,000 $675.68 0 N/A 0
The Westford 0 = N/A $675.68 2 $862,000 1
The Westholme 1 -1 $832,500 $385.06 7 $950,000 0
The Wilshire 3 +3 $1,877,000 $765.38 5 $2,995,000 0
Wilshire Comstock 4 +2 $776,875 $478.40 4 $1,099,000 2
Wilshire Holmby 1 -1 $749,000 $528.21 3 $699,000 0
Wilshire House 0 = N/A $883.79 2 $2.322,500 2
Wilshire Manning 0 -3 N/A $500.64 2 $712,000 1
Wilshire Marquis 1 -1 $575,000 $522.73 3 $585,000 2
Wilshire Regent 4 = $505,000 $555.11 3 $740,000 4
Wilshire Selby E.
1 +1 $543,000 $557.49 2 $469,000 0
Wilshire Selby W.
4 +2 $422,000 $477.19 1 $437,000 2
Wilshire Terrace 0 -1 N/A $447.06 2 $799,000 0
Wilshire Thayer 0 -1 N/A $397.95 2 $1,022,500 0

 

Sellers Market Balanced Market Buyers’ Market
Less than 5 months 5 to 7 months More than 7 months

Information taken from the MLS/CLAW deemed reliable but not guaranteed

* The Beverly West and The Carlyle sell in-house also so we do not have access to the complete stats.

++ This is the last recorded price per sq. ft. where none is presently available.

Overall Wilshire Corridor condo sales are sluggish, and it is a good time for buyers to be taking advantage of an average sold price vs list price of 93.16% and average days on the market of 84, which is way above the local average.

Previous Wilshire Corridor condo market reports

Wilshire Corridor Condos for Sale

(Sample listings)

  1. 2 beds, 3 full baths
    Home size: 2,220 sq ft
    Lot size: 37,847 sqft
    Year built: 2001
    Days on market: 0
  2. 2 beds, 2 full, 1 part baths
    Home size: 1,682 sq ft
    Lot size: 1.94 ac
    Year built: 1989
    Days on market: 1
  3. 3 beds, 3 full baths
    Home size: 1,459 sq ft
    Lot size: 17,624 sqft
    Year built: 1962
    Days on market: 3
  4. 2 beds, 2 full, 1 part baths
    Home size: 1,935 sq ft
    Year built: 1982
    Days on market: 5
  5. 2 beds, 3 full, 1 part baths
    Home size: 2,329 sq ft
    Lot size: 37,847 sqft
    Year built: 2001
    Days on market: 6
  6. 4 beds, 1 full, 5 part baths
    Home size: 5,000 sq ft
    Lot size: 2.14 ac
    Year built: 1958
    Days on market: 7
  7. 2 beds, 2 full baths
    Home size: 2,754 sq ft
    Lot size: 39,462 sqft
    Year built: 1982
    Days on market: 7
  8. 1 bed, 2 full baths
    Home size: 900 sq ft
    Lot size: 17,854 sqft
    Year built: 1972
    Parking spots: 2
    Days on market: 7
  9. 2 beds, 2 full, 1 part baths
    Home size: 1,787 sq ft
    Lot size: 41,094 sqft
    Year built: 1982
    Parking spots: 4
    Days on market: 8
  10. 1 bed, 2 full baths
    Home size: 1,139 sq ft
    Lot size: 36,902 sqft
    Year built: 1980
    Days on market: 10
  11. 2 beds, 2 full, 1 part baths
    Home size: 2,814 sq ft
    Lot size: 1.16 ac
    Year built: 1989
    Days on market: 10
  12. 3 beds, 3 full baths
    Home size: 1,459 sq ft
    Year built: 1962
    Parking spots: 4
    Days on market: 10
  13. 1 bed, 2 full baths
    Home size: 1,090 sq ft
    Lot size: 2.14 ac
    Year built: 1958
    Days on market: 13
  14. 4 beds, 2 full, 2 part baths
    Home size: 2,765 sq ft
    Lot size: 1.06 ac
    Year built: 1991
    Days on market: 18
  15. 1 bed, 1 full bath
    Lot size: 42,193 sqft
    Year built: 1963
    Days on market: 21

See all Wilshire Corridor Condos for Sale.
(all data current as of 8/4/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the CONTACT FORM or call me at 310-473-6919

 

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