Wilshire Corridor Condos. How are They Doing so Far This Year?

The Los Angeles real estate market is heavily favoring sellers.  Prices are rising, days on the market slowly dropping, and inventory extremely low.  So let’s see how the Wilshire Corridor condo market is doing so far this year.  The luxury market has started to pick up, but is still slower than the more moderately priced market.

Is the Wilshire Corridor Condo market favoring sellers?

Sold:  16 – low price $350,000, high price $2,830,000.  This is 4 down from the same period in 2012.

Median price:  $522,400 – down 6.71% over the same period in 2012.

Average days on the market:  147 – up 44 days over 2012.

Sold price vs list price:  95.83% – up 4.7% over 2012.

Under contract:  33

Active:  65

Median price:  $1,499,000

There really is no pattern here.  The median sold price is down as are the number of solds compared with the same period last year, and the average days on the market is up slightly.  However, the sold price over the list price is up slightly.

There are 65 condos on the market right now, 30 of which came on the market since January.  With 68 sold over the past 6 months and 33 presently under contract, now is a good time for prospective sellers,  to consider putting their homes on the market.  Joining most of the rest of Los Angeles, the Wilshire Corridor condo market is definitely a sellers’ market.

Wilshire Corridor condos for sale

See all Wilshire Corridor Condos for Sale.
(all data current as of 4/18/2015)

  1. 1 bed, 1 full bath
    Home size: 873 sq ft
    Lot size: 31,459 sqft
    Year built: 1963
    Parking spots: 2
    Days on market: 0
  2. 2 beds, 2 full, 1 part baths
    Home size: 2,330 sq ft
    Lot size: 39,462 sqft
    Year built: 1982
    Days on market: 1
  3. 2 beds, 2 full, 1 part baths
    Home size: 2,162 sq ft
    Lot size: 20,947 sqft
    Year built: 1976
    Days on market: 2
  4. 2 beds, 2 full baths
    Home size: 1,088 sq ft
    Lot size: 1.21 ac
    Year built: 1978
    Days on market: 4
  5. 3 beds, 3 full, 1 part baths
    Home size: 3,295 sq ft
    Lot size: 37,847 sqft
    Year built: 2001
    Days on market: 5
  6. 1 bed, 2 full baths
    Home size: 1,076 sq ft
    Lot size: 17,854 sqft
    Year built: 1972
    Parking spots: 2
    Days on market: 5
  7. 2 beds, 3 part baths
    Home size: 1,363 sq ft
    Lot size: 42,193 sqft
    Year built: 1963
    Days on market: 8
  8. 1 bed, 1 full bath
    Home size: 959 sq ft
    Lot size: 42,193 sqft
    Year built: 1963
    Days on market: 9
  9. 2 beds, 3 full baths
    Home size: 1,759 sq ft
    Lot size: 18,524 sqft
    Year built: 1981
    Days on market: 10
  10. 2 beds, 2 full baths
    Home size: 1,370 sq ft
    Lot size: 31,459 sqft
    Year built: 1963
    Days on market: 10
  11. 2 beds, 2 full baths
    Home size: 1,191 sq ft
    Lot size: 42,193 sqft
    Year built: 1963
    Days on market: 10
  12. 3 beds, 4 full baths
    Home size: 3,190 sq ft
    Lot size: 33,028 sqft
    Year built: 1990
    Parking spots: 4
    Days on market: 11
  13. 3 beds, 2 full, 2 part baths
    Home size: 3,295 sq ft
    Lot size: 2.14 ac
    Year built: 1958
    Days on market: 11
  14. 2 beds, 2 full, 1 part baths
    Home size: 1,935 sq ft
    Lot size: 41,094 sqft
    Year built: 1982
    Days on market: 12
  15. 1 bed, 1 full bath
    Home size: 1,056 sq ft
    Lot size: 1.95 ac
    Year built: 1961
    Days on market: 12

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

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