How did the Second Quarter of 2013 fare for Wilshire Corridor condo sales. The first quarter was quite weak.
Since the luxury market is supposed to be creeping back, let’s take a look.
The +/- stats are compared to the First Quarter of 2013. Also, since one sale does not a median price make, many of those comparisons are missing.
Building | Sold | +/ | Price/ Median Price |
+/- |
Avg. Price |
Total |
Price/ |
Pending |
Beverly West* | 0 | N/A | N/A | N/A | N/A | 5 | $5,552,000 | 0 |
Blair House | 3 | +3 | $970,000 | N/A | $501.96 | 4 | $1,722,500 | 0 |
Crown Towers | 3 | +1 | $472,500 | +30.39% | $411.54 | 1 | $690,000 | 0 |
La Tour |
2 | +2 | $1,925,000 | N/A | $607.93 | 3 | $3,195,000 | 1 |
Marie Antoinette |
1 | = | $340,000 | N/A | $233.04 | 5 | $499,000 | 0 |
Park Wilshire | 3 | +2 | $905,000 | +17.53% | $484.35 | 7 | $899,000 | 2 |
Ten Five Sixty | 3 | +2 | $820,000 | N/A | $465.21 | 0 | N/A | 0 |
The Californian |
1 | +1 | N/A | N/A | $945.08 | 2 | $3.095,000 | 0 |
The Carlyle* |
2 | +2 | $3,800,000 | N/A | $1,074.96 | 2 | $4,995,000 | 1 |
The Churchill | 3 | -1 | $410,000 | N/A | $410.66 | 2 | $574,000 | 0 |
The Diplomat | 0 | = | N/A | N/A | $477.80 | 0 | N/A | 0 |
The Dorchester ** | 2 | +1 | $736,000 | N/A | $522.36 | 0 | N/A | 2 |
The Grand |
2 | +2 | $920,000 | N/A | $514.54 | 2 | $914,500 | 0 |
The Longford | 2 | +2 | $842,000 | N/A | $419.43 | 2 | $1,274,700 | 0 |
The Mirabella | 4 | +3 | $1,142,500 | N/A | $529.10 | 0 | N/A | 0 |
The Regency Wilshire | 0 | = | N/A | N/A | $471.96 | 0 | N/A | 0 |
The Remington |
3 | +2 | $905,000 | N/A | $484.35 | 7 | $899,000 | 2 |
The Venezia | 0 | = | N/A | N/A | N/A | 0 | N/A | 0 |
The Westford | 1 | -1 | $1,400,000 | N/A | $424.12 | 1 | $1,199,000 | 1 |
The Westholme | 3 | +2 | $925,000 | N/A | $397.63 | 5 | $770,000 | 1 |
The Wilshire | 0 | = | N/A | N/A | $637.05 | 6 | $2,522,000 | 0 |
Wilshire Comstock |
1 | -3 | $501.888 | N/A | $358.24 | 2 | $797,500 | 1 |
Wilshire Holmby | 1 | = | $400,000 | N/A | $262.12 | 0 | N/A | 2 |
Wilshire House*** | 0 | -1 | N/A | N/A | $966.53 | 1 | $2.150,000 | 2 |
The Wilshire Manning | 3 | +3 | $1,150,000 | N/A | $472.83 | 0 | N/A | 2 |
Wilshire Marquis | 1 | = | $552,000 | N/A | $507.35 | 1 | $539,900 | 2 |
Wilshire Regent | 4 | +1 | $457,500 | +14.37% | $566.50 | 1 | $585,000 | 3 |
Wilshire Selby East | 1 | +1 | $515,000 | N/A | $594.84 | 0 | N/A | 0 |
Wilshire Selby West | 2 | +2 | $411,250 | N/A | $431.08 | 0 | N/A | 5 |
Wilshire Terrace | 3 | +2 | $742,000 | N/A | $344.50 | 4 | $964,500 | 1 |
Wilshire Thayer | 0 | -1 | N/A | N/A | $295.62 | 3 | $599,500 | 1 |
Information taken from the MLS/CLAW deemed reliable but not guaranteed
* The Beverly West does not list all its units on the MLS.
*The Carlyle sells in house also, so the figures may not be totally accurate.
**A penthouse sold at The Dorchester for $3,975,000 which was not included above.
***Wilshire House as a penthouse for sale at $12,800,000, not included above.
++ This is the last recorded price per sq. ft. where none is presently available.
Wilshire Corridor condos sales for the 2nd Qtr of 2013 were up over or equal to the 1st Qtr. The exceptions to this were The Churchill, The Westford, Wilshire House and Wilshire Thayer, which were each down by one unit.
Where the median price change makes any sense, it is up significantly in each instance.
If you are thinking of buying a condo on the Wilshire Corridor, you might pay attention to Marie Antoinette, Park Wilshire, The Remington, The Westholme, and The Wilshire, all of which have a healthy amount of inventory.
Now would be a great time for Wilshire Corridor condo sellers to put their homes on the market.
Wilshire Corridor rentals are also in short supply.
Recent market reports
Wilshire Corridor Condos. First Quarter 2013 in Review
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)
- MLS® #: 23-271023
- 1220 Sunset Plaza Dr
- Los Angeles CA
- $50,000,000
- 6 Bed | 7 Bath | 11,412 SqFt
- 2.3 Acres
- MLS® #: 24-343205
- 677 N Nimes Rd
- Los Angeles CA
- $49,990,000
- 6 Bed | 11 Bath | 20,000 SqFt
- 0.74 Acres
- MLS® #: 24-350901
- 1601 Casale Rd
- Pacific Palisades CA
- $49,950,000
- 7 Bed | 11 Bath | 13,653 SqFt
- 0.64 Acres
- MLS® #: 24-363047
- 10066 Cielo Dr
- Beverly Hills CA
- $49,500,000
- 9 Bed | 18 Bath | 21,000 SqFt
- 3.6 Acres
- MLS® #: 23-339325
- 51 Beverly Park Way
- Beverly Hills CA
- $48,500,000
- 9 Bed | 13 Bath | 16,225 SqFt
- 1.98 Acres
- MLS® #: 24-376571
- 28808 Cliffside Dr
- Malibu CA
- $48,500,000
- 6 Bed | 9 Bath | 11,154 SqFt
- 1.05 Acres
- MLS® #: 24-371639
- 15210 Antelo Pl
- Los Angeles CA
- $48,000,000
- 7 Bed | 15 Bath | 15,042 SqFt
- 3.22 Acres
- MLS® #: 24-343009
- 38 Beverly Park Cir
- Beverly Hills CA
- $47,500,000
- 5 Bed | 11 Bath | 17,365 SqFt
- 2.83 Acres
- MLS® #: 23-292985
- 780 Tortuoso Way
- Bel Air CA
- $47,000,000
- Bed | 0 Bath | 0 SqFt
- 4.56 Acres
- MLS® #: 23-305277
- 470 Layton Way
- Los Angeles CA
- $47,000,000
- 8 Bed | 10 Bath | 25,000 SqFt
- 4.56 Acres
- MLS® #: 24-344501
- 320 St Pierre Rd
- Los Angeles CA
- $46,000,000
- 8 Bed | 11 Bath | 0 SqFt
- 0.95 Acres
- MLS® #: 23-237593
- 1006 N Crescent Dr
- Beverly Hills CA
- $45,000,000
- 10 Bed | 9 Bath | 8,484 SqFt
- 1.26 Acres
- MLS® #: 24-370407
- 0 Copa De Oro Rd
- Los Angeles CA
- $44,970,000
- 6 Bed | 10 Bath | 11,664 SqFt
- 1.81 Acres
- MLS® #: 23-337281
- 1500 Gilcrest Dr
- Beverly Hills CA
- $44,950,000
- 5 Bed | 9 Bath | 11,000 SqFt
- 0.78 Acres
- MLS® #: 24-392981
- 1625 Summitridge Dr
- Beverly Hills CA
- $44,950,000
- 7 Bed | 11 Bath | 19,000 SqFt
- 0.79 Acres
- MLS® #: 22-185169
- 277 ST PIERRE RD
- LOS ANGELES CA
- $44,950,000
- 8 Bed | 20 Bath | 36,000 SqFt
- 1.1 Acres
- MLS® #: 24-385149
- 28926 Cliffside Dr
- Malibu CA
- $44,750,000
- 4 Bed | 5 Bath | 0 SqFt
- 1.05 Acres
- MLS® #: 24-376095
- 811 N Foothill Rd
- Beverly Hills CA
- $44,500,000
- 7 Bed | 14 Bath | 0 SqFt
- 0.63 Acres
- MLS® #: 24-351101
- 1680 N Doheny Dr
- Los Angeles CA
- $43,000,000
- 5 Bed | 8 Bath | 13,500 SqFt
- 1.17 Acres
- MLS® #: 23-274217
- 33602 Pacific Coast Hwy
- Malibu CA
- $42,500,000
- 6 Bed | 8 Bath | 6,451 SqFt
- 0.7 Acres
- MLS® #: 23-245455
- 41800 Pacific Coast Hwy
- Malibu CA
- $42,000,000
- 5 Bed | 7 Bath | 8,206 SqFt
- 0.83 Acres
- MLS® #: 23-321839
- 9501 Gloaming Dr
- Beverly Hills CA
- $40,000,000
- 6 Bed | 6 Bath | 6,377 SqFt
- 7.71 Acres
- MLS® #: 24-382217
- 212 Vance St
- Pacific Palisades CA
- $39,995,000
- 8 Bed | 14 Bath | 0 SqFt
- 1.18 Acres
- MLS® #: 24-367921
- 23812 Malibu Rd
- Malibu CA
- $39,995,000
- 6 Bed | 8 Bath | 4,551 SqFt
- 0.25 Acres
- MLS® #: 24-374909
- 24824 Pacific Coast Hwy
- Malibu CA
- $39,975,000
- 8 Bed | 11 Bath | 6,742 SqFt
- 1.55 Acres
- MLS® #: 23-239105
- 1380 Mockingbird
- Los Angeles CA
- $39,950,000
- 6 Bed | 11 Bath | 14,000 SqFt
- 1.54 Acres
- MLS® #: 23-330497
- 530 S Mapleton Dr
- Los Angeles CA
- $39,750,000
- 11 Bed | 27 Bath | 33,652 SqFt
- 1.29 Acres
- MLS® #: 23-325215
- 24834 Pacific Coast Hwy
- Malibu CA
- $39,500,000
- 5 Bed | 8 Bath | 10,000 SqFt
- 1.22 Acres
- MLS® #: 22-136367
- 1 Senderos Canyon
- BEL AIR CA
- $39,000,000
- Bed | 0 Bath | 0 SqFt
- 263 Acres
- MLS® #: 23-340673
- 24844 Malibu Rd
- Malibu CA
- $39,000,000
- 4 Bed | 5 Bath | 4,021 SqFt
- 0.13 Acres
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The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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