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 4/19/2014)

  1. 2 beds, 2 full, 1 part baths
    Home size: 1,191 sq ft
    Lot size: 42,193 sqft
    Year built: 1963
    Parking spots: 2
    Days on market: 3
  2. 2 beds, 2 full baths
    Home size: 1,409 sq ft
    Lot size: 31,569 sqft
    Year built: 1989
    Days on market: 4
  3. 2 beds, 2 full, 1 part baths
    Home size: 2,352 sq ft
    Lot size: 21,636 sqft
    Year built: 1982
    Parking spots: 2
    Days on market: 6
  4. 3 beds, 2 full, 2 part baths
    Home size: 2,426 sq ft
    Lot size: 36,894 sqft
    Year built: 1980
    Days on market: 9
  5. 2 beds, 3 full baths
    Home size: 1,699 sq ft
    Lot size: 1.95 ac
    Year built: 1961
    Days on market: 11
  6. 1 bed, 1 full bath
    Home size: 1,343 sq ft
    Lot size: 1.95 ac
    Year built: 1961
    Days on market: 11
  7. 2 beds, 1 full, 2 part baths
    Home size: 1,750 sq ft
    Lot size: 37,847 sqft
    Year built: 2001
    Days on market: 12
  8. 2 beds, 2 full, 1 part baths
    Home size: 2,018 sq ft
    Lot size: 1.16 ac
    Year built: 1989
    Days on market: 13
  9. 2 beds, 3 full baths
    Home size: 1,843 sq ft
    Lot size: 20,947 sqft
    Year built: 1976
    Days on market: 13
  10. 2 beds, 3 full baths
    Home size: 1,756 sq ft
    Lot size: 28,070 sqft
    Year built: 1979
    Days on market: 16
  11. 1 bed, 1 full, 1 part baths
    Home size: 853 sq ft
    Lot size: 17,812 sqft
    Year built: 1972
    Parking spots: 1
    Days on market: 17
  12. 1 bed, 1 full, 1 part baths
    Home size: 954 sq ft
    Lot size: 17,812 sqft
    Year built: 1972
    Parking spots: 2
    Days on market: 18
  13. 2 beds, 2 full, 1 part baths
    Home size: 2,532 sq ft
    Lot size: 26,401 sqft
    Year built: 1982
    Days on market: 20
  14. 3 beds, 3 full baths
    Home size: 1,868 sq ft
    Lot size: 17,624 sqft
    Year built: 1962
    Parking spots: 2
    Days on market: 20
  15. 3 beds, 4 full baths
    Home size: 3,190 sq ft
    Lot size: 33,028 sqft
    Year built: 1990
    Days on market: 23

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 give me a call at 310-473-6919.

Jane Peters

Jane Peters is a Los Angeles Realtor®, specializing in absentee owners, out-of-town-buyers and those needing that extra personal touch to make the buying and selling of Los Angeles real estate a smooth and, believe it or not, fun process.

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Date last updated: 4/19/14 5:29 PM PDT

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