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Century City Condos. How is the Market Doing so Far This Year?

By
Real Estate Broker/Owner with Home Jane Realty BRE# 01439865

In many areas of Los Angeles the year got off to a slow start in terms of real estate sales and certainly new homes coming on the market.  One of the more desirable neighborhoods is Century City, and last year showed that the market was geared towards sellers. 

Let’s see how the first two months treated the Century City condo market.

Building Sold +/- 2012 Median +/- 2012 Avg. Price per S/F Active New Median Pending
The Century* 4 +2  $2,925,000 +10.38%  $964.17 10 N/A $4,025,000 0
Century Hill 2  +2  $1,005,000 N/A $388.41 7 1 $1,550,000 4
Le Parc 3 +2  $1,325,000 N/A $511.82 5 4 $1,595,000 4
Century Woods 0 -1  N/A N/A N/A 2 1 $1,847,500 1
Century Towers 3 +3 $1,000,000 N/A $606.38 7 4 $939,000 3
Park Place 1 = $750,000 +11.54% $555.56 3 3 $769,000 2
Century Park East 4 +1 $450,000 -20.30%  $429.87 7 7 $645,000 4

 

Sellers’ Market Stable Market Buyers’ Market
Less than 5months inventory 5 to 7 months inventory More than 7 months inventory

Information provided by the MLS/CLAW deemed reliable but no guaranteed

*The Century does not report all its sales on the MLS, so this is an estimate.

Based on sales over the past six months, the Century City condo market is stable with the exception of The Century which favors buyers and Park Place which favors sellers.  Where reported, the median sales price is up except for Century Park East.

Quite a few listings came on the market in January and February, maybe a sign that Century City condo sellers are testing the waters?

Century City condos for sale

Showing properties 1 - 15 of 39. See more Century City Condos for Sale
(all data current as of 3/5/2013)

  1. Photo of 10102 EMPYREAN WAY, Unit 201, Los Angeles, CA 90067 (MLS # 13655171)
    3 beds, 5.0 baths
    Home size: 3,242 sq ft
    Lot size: 10.66 ac
    Year built: 1979
    Days on market: 4
     
  2. Photo of 10120 EMPYREAN Way #101, Los Angeles, CA 90067 (MLS # OC13025666)
    2 beds, 3 full baths
    Home size: 2,269 sq ft
    Lot size: 10.66 ac
    Year built: 1979
    Parking spots: 4
    Days on market: 15
     
  3. Photo of 2179 CENTURY WOODS WAY, Los Angeles, CA 90067 (MLS # 13652065)
    2 beds, 1 full, 2 part baths
    Home size: 2,487 sq ft
    Lot size: 5.92 ac
    Year built: 1983
    Days on market: 18
     
  4. Photo of 2170 CENTURY PARK EAST, Unit 506, Los Angeles, CA 90067 (MLS # 13651379)
    2 beds, 2 full baths
    Home size: 1,416 sq ft
    Lot size: 5.12 ac
    Year built: 1966
    Parking spots: 2
    Days on market: 21
     
  5. Photo of 10116 EMPYREAN WAY, Unit 103, Los Angeles, CA 90067 (MLS # 13650483)
    2 beds, 2 full, 1 part baths
    Home size: 2,270 sq ft
    Lot size: 10.66 ac
    Year built: 1979
    Days on market: 25
     
  6. Photo of 2222 AVENUE OF THE STARS, Unit 305E, Los Angeles, CA 90067 (MLS # 13650467)
    2 beds, 2.0 baths
    Home size: 1,339 sq ft
    Lot size: 4.08 ac
    Year built: 1964
    Days on market: 26
     
  7. Photo of 10102 EMPYREAN WAY, Unit 103, Los Angeles, CA 90067 (MLS # 13649043)
    2 beds, 3.5 baths
    Home size: 2,732 sq ft
    Lot size: 10.66 ac
    Year built: 1979
    Parking spots: 2
    Days on market: 32
     
  8. Photo of 2279 CENTURY HL, Los Angeles, CA 90067 (MLS # 13647533)
    2 beds, 2 full, 1 part baths
    Home size: 1,961 sq ft
    Lot size: 18.08 ac
    Year built: 1980
    Parking spots: 3
    Days on market: 40
     
  9. Photo of 2299 CENTURY HILL, Los Angeles, CA 90067 (MLS # 13647269)
    3 beds, 6.0 baths
    Home size: 3,524 sq ft
    Lot size: 18.08 ac
    Year built: 1980
    Days on market: 40
     
  10. Photo of 2170 CENTURY PARK EAST, Unit 708, Los Angeles, CA 90067 (MLS # 13646861)
    2 beds, 2.0 baths
    Home size: 1,080 sq ft
    Lot size: 5.12 ac
    Year built: 1966
    Days on market: 42
     
  11. Photo of 2170 CENTURY PARK EAST, Unit 1204, Los Angeles, CA 90067 (MLS # 13645083)
    1 bed, 1.0 baths
    Home size: 853 sq ft
    Lot size: 461 sqft
    Year built: 1966
    Days on market: 50
     
  12. Photo of 2132 CENTURY PARK LN, Unit 316, Los Angeles, CA 90067 (MLS # 13645059)
    2 beds, 2.5 baths
    Home size: 2,488 sq ft
    Lot size: 13.53 ac
    Year built: 1989
    Days on market: 51
     
  13. Photo of 2220 AVENUE OF THE STARS, Unit 702, Los Angeles, CA 90067 (MLS # 13644781)
    2 beds, 2.0 baths
    Home size: 1,600 sq ft
    Lot size: 4.08 ac
    Year built: 1964
    Days on market: 52
     
  14. Photo of 10112 EMPYREAN WAY, Unit 104, Los Angeles, CA 90067 (MLS # 13644265)
    2 beds, 3.0 baths
    Home size: 2,300 sq ft
    Year built: 1979
    Parking spots: 2
    Days on market: 54
     
  15. Photo of 2220 AVENUE OF THE STARS, Unit 1501, Los Angeles, CA 90067 (MLS # 13643791)
    2 beds, 2.0 baths
    Home size: 1,601 sq ft
    Year built: 1964
    Parking spots: 2
    Days on market: 57
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.


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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.

 



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Comments(11)

Sabrina Solesbee
Solesbee Group - Laguna Beach, CA
Sabrina Solesbee

I really like the format you used. Great way to present the information!

Mar 05, 2013 02:39 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Sabrina,  thank you.

Mar 05, 2013 02:39 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate
Jane, great and easy to read market report for condos in LA.
Mar 05, 2013 03:50 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Rebecca,  thank you.

Mar 05, 2013 04:01 AM
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

This is a beautiful post Jane, I have a difficult time getting my mind around $964 per square feet. All I can say is wow.

Mar 05, 2013 07:03 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Larry,  that is the place that Candy Spelling bought into for $45M or so.

Mar 05, 2013 11:31 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Jane - I love your real estate market updates.  Always easy to read, and you show buyers and sellers what is available for sale. You are the go-to agent for Century City Condos!

Mar 05, 2013 01:44 PM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Jane - Great market update for Century City Condos, there are some beautiful condos currently for sale.

Mar 06, 2013 12:53 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Laura,  thank you kindly

Michelle,  there are indeed.  Thank you.

Mar 06, 2013 04:16 AM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Jane-There are some great looking properties in your report. The beautiful people have some great selections from which to choose. Jane Peters knows LA Real Estate.

Mar 07, 2013 03:18 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Wayne,  thank you kindly.

Mar 08, 2013 02:34 AM