Century City Condos for Sale | Half-Yearly Market Report 2012

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

If you are looking for a Century City Condo for sale, let’s check out the market so far this year.  The figures in the 2011 and 1st Qtr columns are the differences over the previous period.


Building Sold 2011 1st Qtr Median Avg. Price per S/F Active Escrow Market
The Century*  7 +1   +1  $3,100,000  $1,030.48 11  1  
Century Hill 6  +2 +5  $1,030,000 $414.03  17  4  
Le Parc 5 +3 +2  $870,000 $426.65  2  1  
Century Woods 3 +1 +2   $759,900 $463.59 1 0  
Century Towers 4 +1 +3  $852,500 $534.92 8 4 ??
Park Place 7 +4 -2 $955,000 $464.42 5 5 ??
Century Park East 15 +6 +3 $513,000  $435.00 9 4  

 

 

 

Sellers’ Market Buyers’ Market Stable Market
Less than 6 months inventory More than 6 months inventory  

All information from the CLAW/MLS is deemed reliable but not guaranteed

The Century City condos market is definitely improving.  Sales are up over the same period last year and the first quarter of 2012.   The median price is mostly steady or up slightly and except for The Century and Century Hill, the buildings are in a sellers’ market.  The ?? status means there is not enough information to establish which way those buildings are leaning.

Overall, will low inventory in the area, if you are thinking of selling a Century City condo, now would not be a bad time.

Related Posts

Century City Condos | Market Report 1st Qtr. 2012

Century City Condo Market Report 2011

Century City Condos for Sale

 

 

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.a
a
If you are an absentee owner, you’ll neaed someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

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.



Read more: http://www.homejane.com/century-city-condos-for-sale-half-yearly-market-report-2012.html#ixzz2429WtoMI

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the key to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Real Estate General Information
Location:
California Los Angeles County Los Angeles Century City
Groups:
Market Reports
Tags:
century city condos for sale
century city market report
century city condos

Comments 10 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the man to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
863,369
Jane Peters
Connecting you to the L.A. real estate scene
Power Brokers Int'l

Al & Peggy, thank you.

August 20, 2012 09:46 AM
Rainmaker
556,060
Cherise Selley
Colorado Springs Realtor
Selley Group Real Estate, LLC

Jane,

Great use of the color-coded scheme.  The same type of parameters for market absorption apply to our market as well... g

August 20, 2012 10:26 AM
Rainmaker
863,369
Jane Peters
Connecting you to the L.A. real estate scene
Power Brokers Int'l

Gordon,  and the low inventory, I am sure.

August 20, 2012 10:47 AM
Rainmaker
694,339
Larry Brewer
Nashville Real Estate
Benchmark Realty LLc

Hi Jane - it looks like Century City condos are moving into a sellers market, and I'm sure that buyers are not happy. For me, it's a lot easier to work in a sellers market because the buyers have to decide if they want to buy or not, the property in question won't be available very long.

August 21, 2012 08:01 AM
Rainmaker
863,369
Jane Peters
Connecting you to the L.A. real estate scene
Power Brokers Int'l

Larry,  not long at all.

August 21, 2012 09:04 AM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the computer to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
863,369

Jane Peters

Connecting you to the L.A. real estate scene
Need help with your Los Angeles real estate needs?
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the lock to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

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.

TopOfBlogs
Locations of visitors to this page
Free Web Counter