Wilshire Corridor Condos. First Quarter 2013 Review

In this strong sellers’ market, let’s see how Wilshire Corridor condo sales did in the first quarter of 2013.  How did sales compare with the last Quarter of 2012?

 

Building Sold +/ Median Price +/-

Avg. Price
Per Sq. Ft.**

Total
Active

Median Price

Pending
Beverly West * U N L I S T E D
Blair House 
0  -4 N/A N/A $684.06 7 $975,000 0
Crown Towers 2 = $472,500 -17.40%  $384.93 1 $499,900 2
La Tour
0 -1 N/A  N/A $655.42 3 $2,549,000 1
Marie Antoinette 
1 -1 $350,000 N/A  $239.89 0 N/A 1
Park Wilshire  1 -1 $770,000 N/A $456.70 6 $699,950 2
Ten Five Sixty  1 -1 $2,100,000 N/A $747.33 0 N/A 1
The Californian
0 -2 N/A N/A $789.71 0 N/A 0
The Carlyle *
0 = N/A N/A $851.47 8 $3,522,500 1
The Churchill  4 +3 $521,900  N/A $352.13 2 $488,500 2
The Diplomat  0 = N/A N/A $477.80 0 N/A 0
The Dorchester  1 = $518,000 -27.86%  $286.98 3 $849,000 2
The Grand 
0  = N/A N/A  $348.05 1 $1,150,000 1
The Longford  0 = N/A N/A  $389.50 1 $1,999,900 2
The Mirabella  1 +1 $1,000,000 N/A $451.88 2 $1,092,000 1
The Regency Wilshire  0  = N/A N/A  $471.96 0 N/A 0
The Remington
1 -3 $1,755,000 N/A $730.34 6 $2,197,500 0
The Venezia  0 =  N/A N/A  N/A 0 N/A 0
The Westford 1 -1 $1,400,000 N/A $604.75 2 $1,375,000 0
The Westholme 1 -3 $500,000 N/A $381.10 3 $770,000 0
The Wilshire 0 -2 N/A N/A $637.05 2 $2,135,000 0
Wilshire Comstock
4 -2 $612,500 +2.85% $357.79 1 $1,100,000 2
Wilshire Holmby 1 = $321,036 -31.69%% $367.73 2 $849,000 1
Wilshire House 1 -1 $2,830,000 N/A $966.53 2 $2.007,500 0
The Wilshire Manning  2 +2 $625,000 N/A $379.71 2 $1,222,000 1
Wilshire Marquis 1 +1 $530,000 N/A $378.57 1 $575,000 0
Wilshire Regent 3 = $400,000 -13.98% $509.63 4 $480,000 2
Wilshire Selby E.
0 = N/A N/A  $421.00 1 $525,000 1
Wilshire Selby W.
0 = N/A  N/A $416.18 1 $479,999 2
Wilshire Terrace 1 -2 $1,385,000  N/A $483.08 1 $750.000 1
Wilshire Thayer 1 +1 $520,000 N/A $295.62 1 $510,000 0

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.

Wilshire Corridor condos sales for the 1st Qtr of 2013 were mostly down over the 4th Qtr of 2012.  The exceptions to this were The Churchill, The Mirabella, The Wilshire Manning,  The Wilshire Marquis, and The Wilshire Thayer.  As with most of Los Angeles inventory is extremely low overall on The Corridor, and outside of the penthouse at The Remington, there are only 9 three-bedroom units available.

Wilshire Corridor rentals are also in short supply.

Recent market reports

Wilshire Corridor Condo Market:   The Year in Review
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)

 

Need Help? Have questions? Fill out the CONTACT FORM or call Jane at 310-351-9208

Leave a Comment

Scroll to Top