Wilshire Corridor Condos | Half Yearly Market Report 2012

Time to check in on the Wilshire Corridor condo market and see how it did over the first half of 2012.

Wilshire Corridor Condos 1st half of 2012 market report


Building Sold Over 2011 2nd Over 1st Qtr Median Price Over 2011 Avg. Price per Sq. Ft. Active Pending Market
Beverly West* 1  N/A  N/A $5,000,000  N/A $1,202.50 ? 0
Blair House 2 +1  +2 $2,277,500 N/A $879.17 5 0
Crown Towers 3  +1 +1 $375,000 -19.35%  $354.38 5 0
La Tour 0  -3  = N/A  N/A N/A 5 0
Marie Antoinette 2 -1 =  $440,000 +10%  $301.58 3 1
Park Wilshire 4 -2 = $616,000 -11.37% $360.57 7 0
Ten Five Sixty 5 +3 +2 $900,000 +6.38% $446.42 4 3
The Californian 0 -1 N/A N/A N/A  N/A 6 0
The Carlyle** 3  +3 -2 $2,300,000  N/A $879.91 8 0
The Churchill 0 -1 N/A N/A  N/A N/A 0 0
The Diplomat 2 = =  $1,060,000  N/A $477.80 0 0
The Dorchester 3  +3 -2 $567,000 N/A  $362.31 1 2
The Grand 1 -2 -1 N/A N/A  $299.17 1 1
The Longford 2 +2 +2 $477,500 N/A $292.77 0 0
The Mirabella 1 -1 -1 N/A N/A $426.46 2 0
The Regency Wilshire 1 +1 +1 N/ A N/ A  $471.96 0 0
The Remington 3 = -1  $1,125,000 -16.67% $581.10 3 0
The Venezia 0 -1 = N/ A N/ A  N/A 0 0
The Westford 0 -3 = N/ A N/ A N/A 0 3
The Westholme 3  +1 -2  $382,500  N/A $264.09 4 0
The Wilshire 2 +1 -2 $1,238,875  N/ A $492.01 0 0
Wilshire Comstock++ 5 -1 -4 $545,000 -7.55% $355.04 2 5
Wilshire Holmby 4  -3 +3 $344,500 -18.94% $338.45 3 0
Wilshire House 0 -1 N/ A  N/ A N/ A N/A 3 1
Wilshire Manning 2 = +2 $785,000  +6.37% $439.53 5 0
Wilshire Marquis 3  =  -2 $527,000  +25.48% $396.60 1 1
Wilshire Regent 8 +6 +7 $535,000 N/A $466.44 5 3
Wilshire Selby E. 3 +1 +2 $430,000  N/ A  $403.74 0 2
Wilshire Selby W. 0  -4  N/ A N/ A N/ A N/A 2 0
Wilshire Terrace 5  +4 $425,000 $572,500 N/ A $372.85 5 0
Wilshire Thayer 1 -2 -1  N/A  N/A N/A  1 1

All information provided by MLS/CLAW is deemed accurate but is not guaranteed.

Seller’s Market Buyers’ Market Stable Market
Less than 6 months inventory More than 6 months inventory  Or Not Enough Info


* The Beverly West does not list all its active condos on the MLS.  The first unit did sell quickly. However, there are approximately 35 more units for sale.

**The Carlyle sells in house also, so the figures may not be totally accurate.

++The Comstock sold a maid’s unit and a unit that was completely wrecked, both of which are not reflected in the figures.

Wilshire Corridor condo sales continue to be sluggish with little movement either in sales or new inventory.  Ten Five Sixtythe Wilshire Regent, the Wilshire Comstockand The Dorchester would seem to be having the most activity.

This is a great time for  both Wilshire Corridor condo buyers and sellers to be making something happen.

Wilshire Corridor Condos for Sale

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