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® #: 23-331473
- 10644 Bellagio Rd
- Los Angeles CA
- $195,000,000
- 7 Bed | 20 Bath | 0 SqFt
- 8.4 Acres
- MLS® #: 24-386575
- 729 Bel Air Rd
- Los Angeles CA
- $150,000,000
- 9 Bed | 20 Bath | 18,784 SqFt
- 3.32 Acres
- MLS® #: 23-231909
- 594 S Mapleton Dr
- Los Angeles CA
- $137,500,000
- 14 Bed | 27 Bath | 56,500 SqFt
- 4.6 Acres
- MLS® #: 23-321859
- 9505 Gloaming
- Beverly Hills CA
- $126,000,000
- 8 Bed | 20 Bath | 30,610 SqFt
- 2.19 Acres
- MLS® #: 23-282597
- 24168 Case Ct
- Malibu CA
- $95,000,000
- 7 Bed | 8 Bath | 10,272 SqFt
- 3.35 Acres
- MLS® #: 24-388903
- 73 Beverly Park Ln
- Beverly Hills CA
- $89,900,000
- 9 Bed | 22 Bath | 28,500 SqFt
- 2.68 Acres
- MLS® #: 24-387189
- 9904 Kip Dr
- Beverly Hills CA
- $88,000,000
- 10 Bed | 22 Bath | 24,757 SqFt
- 19.82 Acres
- MLS® #: 23-313098
- 1028 Ridgedale Dr
- Beverly Hills CA
- $85,000,000
- 12 Bed | 18 Bath | 24,325 SqFt
- 0.95 Acres
- MLS® #: 24-369077
- 1499 Blueridge Dr
- Beverly Hills CA
- $85,000,000
- 13 Bed | 16 Bath | 28,000 SqFt
- 2.2 Acres
- MLS® #: 24-384393
- 27832 Pacific Coast Hwy
- Malibu CA
- $85,000,000
- 6 Bed | 8 Bath | 8,775 SqFt
- 2.27 Acres
- MLS® #: 23-245068
- 25142 Pacific Coast Hwy
- Malibu CA
- $75,000,000
- 7 Bed | 9 Bath | 13,126 SqFt
- 1.73 Acres
- MLS® #: 24-386085
- 107 Delfern Dr
- Los Angeles CA
- $75,000,000
- 10 Bed | 19 Bath | 21,000 SqFt
- 1.88 Acres
- MLS® #: 24-376821
- 9330 Flicker Way
- Los Angeles CA
- $72,500,000
- 9 Bed | 14 Bath | 24,000 SqFt
- 0.91 Acres
- MLS® #: 24-350817
- 11740 Crescenda St
- Los Angeles CA
- $69,500,000
- 8 Bed | 13 Bath | 20,000 SqFt
- 3.54 Acres
- MLS® #: 23-278179
- 24185 Case Ct
- Malibu CA
- $69,500,000
- 5 Bed | 7 Bath | 11,097 SqFt
- 3.88 Acres
- MLS® #: 23-310237
- 9650 Cedarbrook Dr
- Beverly Hills CA
- $68,000,000
- 19 Bed | 33 Bath | 78,000 SqFt
- 27.59 Acres
- MLS® #: 24-370907
- 942 N Alpine Dr
- Beverly Hills CA
- $68,000,000
- 5 Bed | 7 Bath | 12,294 SqFt
- 0.85 Acres
- MLS® #: 24-357985
- 684 Firth Ave
- Los Angeles CA
- $68,000,000
- 6 Bed | 10 Bath | 14,779 SqFt
- 1.93 Acres
- MLS® #: 24-343930
- 28026 Sea Lane Dr
- Malibu CA
- $67,500,000
- 4 Bed | 5 Bath | 3,795 SqFt
- 0.43 Acres
- MLS® #: 22-167741
- 1005 N Alpine DR
- BEVERLY HILLS CA
- $65,000,000
- 4 Bed | 6 Bath | 4,351 SqFt
- 2.66 Acres
- MLS® #: 23-260091
- 9609 Oak Pass Rd
- Beverly Hills CA
- $65,000,000
- 17 Bed | 19 Bath | 0 SqFt
- 3 Acres
- MLS® #: 24-348129
- 1210 Benedict Canyon Dr
- Beverly Hills CA
- $65,000,000
- 11 Bed | 16 Bath | 27,150 SqFt
- 2.69 Acres
- MLS® #: 23-306545
- 912 Benedict Canyon Dr
- Beverly Hills CA
- $64,000,000
- 7 Bed | 15 Bath | 17,005 SqFt
- 1.15 Acres
- MLS® #: 24-375075
- 271 S Mapleton Dr
- Los Angeles CA
- $62,500,000
- 8 Bed | 12 Bath | 31,450 SqFt
- 1.4 Acres
- MLS® #: 22-183864
- 24188 Case Ct
- Malibu CA
- $60,000,000
- 4 Bed | 7 Bath | 10,555 SqFt
- 3.45 Acres
- MLS® #: 24-387739
- 1525 San Vicente Blvd
- Santa Monica CA
- $59,950,000
- 7 Bed | 13 Bath | 22,640 SqFt
- 1.61 Acres
- MLS® #: 24-363261
- 31272 Broad Beach Rd
- Malibu CA
- $59,500,000
- 6 Bed | 9 Bath | 12,301 SqFt
- 1.09 Acres
- MLS® #: 24-369323
- 1859 Bel Air Rd
- Los Angeles CA
- $58,000,000
- 9 Bed | 13 Bath | 20,000 SqFt
- 1.39 Acres
- MLS® #: 24-351991
- 27910 Pacific Coast Highway
- Malibu CA
- $54,950,000
- 4 Bed | 7 Bath | 5,154 SqFt
- 2.28 Acres
- MLS® #: 23-247789
- 1 W Century Dr PH39
- Los Angeles CA
- $50,000,000
- 3 Bed | 7 Bath | 9,420 SqFt
- 3.7 Acres
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