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
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