Wilshire Corridor Condo Market Report | 1st Third of 2012

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Real Estate Agent with Power Brokers Int'l BRE# 01439865

Let’s see how the Wilshire Corridor Condo Market for the 1st Third of 2012 compares with the same period last year.

Building Sold Over 2011 Low Price High Price Median Price % of 2011 Active Pending Market
Beverly West* 1       $5,000,000        
Blair House  1 =     $3,700,000 N/A 4 1  
Crown Towers 1  -1     $375,000 N/A  4 1  
La Tour 0  -1     N/A  N/A 5  0  
Marie Antoinette 2 = $400,000 $480,000  $440,000 15.18 3 0  
Park Wilshire  3 -1 $610,000 $620,000 $612,000 -11.94 8 1  
Ten Five Sixty  3 +1 $900,000 $1,171,000 $1,025,000 21.16 4  2  
The Californian  0 -1 N/A N/A N/A N/A 6  0  
The Carlyle**  2  +2 $2,300,000 $3,750,000 $3,025,000  N/A 6 0  
The Churchill  0 -1 N/A N/A N/A  N/A 1  0 ?
The Diplomat  2 +2 $725,000 $1,395,000  $1,060,000  N/A  0  0  
The Dorchester  2  +2 $500,000 $850,000 $675,000 N/A 5 0  
The Grand 1 -2 N/A N/A $575,000 N/A  1  0  
The Longford  2 +2 $430,000 $525,000 $477,500 N/A 1  0  
The Mirabella 1 = N/A N/A $980,000 N/A 1 0  
The Regency Wilshire 0 = N/ A N/ A N/ A N/ A 0 1  
The Remington 2 -1 N/ A N/ A  $1,617,500 N/ A 1 1  
The Venezia 0 -1 N/ A  N/ A N/ A N/ A 0 0  
The Westford 0  = N/ A  N/ A N/ A N/ A  1 0  ?
The Westholme  2  +1 $355,000 $382,500  $368,750  N/A 4 0  
The Wilshire 2 +2  $920,000 $1,557,750 $1,238,875  N/ A  0 0  
Wilshire Comstock 4 -1 $62,000+ $650,000 $502,500 -36.31  4  4  
Wilshire Holmby 2  -4 $315,000  $415,000 $365,000 -10.43%  2 2  
Wilshire House 0 -1 N/ A  N/ A  N/ A N/ A 6 0  
Wilshire Manning  1 -1  N/ A  N/ A $424,000  N/ A 2  2  
Wilshire Marquis  2  =  $527,000  $550,000 $538,500  28.21 0 3  
Wilshire Regent 2 +1 $370,000 $700,000 $535,000 12.63 3 4  
Wilshire Selby E. 1 -1 N/ A N/ A $395,000  N/ A  2 2  
Wilshire Selby W. 0  -3  N/ A N/ A N/ A N/ A 1 0  
Wilshire Terrace 4  +4 $425,000 $1,850,000 $755,000 N/ A  5  0  
Wilshire Thayer  1  +1  N/ A  N/ A  $1,150,000  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  

 

 


* 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 are not totally accurate.

+This was a maid’s unit.

The market statistics are a rough indication of whether the building is trending towards a sellers’ or a buyers’ market.  A question mark (?) denotes that there is not enough information available to show the trend.

Overall, inventory is low on The Wilshire Corridor.  Buyers are out there looking, so now might be a good time for sellers to consider putting their homes on the market.

Wilshire Corridor Condos for Sale

 

 

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Topic:
Real Estate Market Trends
Location:
California Los Angeles County Los Angeles Wilshire Corridor
Groups:
Market Reports
Tags:
condos for sale on the wilshire corridor
wilshire corridor
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Comments 14 New Comment

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Rainmaker
863,694
Jane Peters
Connecting you to the L.A. real estate scene
Power Brokers Int'l

Juli,  as always, thank you very much for your kind words.

May 19, 2012 03:39 PM
Rainmaker
596,526
Teri Eckholm
Acreage & Lakeshore REALTOR Minneapolis St Paul
REMAX Specialists

Jane--This is one of the best market reports I have ever seen. Easy to read and comprehensive...perfect tool for any condo buyer in the LA area!

May 19, 2012 07:18 PM
Rainmaker
863,694
Jane Peters
Connecting you to the L.A. real estate scene
Power Brokers Int'l

Teri,  thank you very much.

May 19, 2012 07:57 PM
Rainmaker
694,753
Larry Brewer
Nashville Real Estate
Benchmark Realty LLc

Wow Jane - that looks like a lot of work, but I'm sure it will pay off with many buyers in the near future,

May 20, 2012 10:07 AM
Rainmaker
863,694
Jane Peters
Connecting you to the L.A. real estate scene
Power Brokers Int'l

Larry,  thank you.  Hopefully we will get more inventory in some of these buildings.

May 20, 2012 11:43 AM
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Jane Peters

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A Los Angeles Realtor® specializing in absentee owners, out-of-town buyers and those needing extra assistance with one of the most important transactions of their lives. Just sit back and relax! You are in capable hands.

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