Wilshire Corridor Condo Market Report | 1st Third of 2012

Real Estate Broker/Owner with Home Jane Realty 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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Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers Designated Broker Leolinda Realty
Leolinda Realty - Surprise, AZ
Sun City Grand in Surprise Arizona

Interesting to see how many condo's are experiencing a seller's market.  I find your market report concise, easy to read and apprehend.

May 16, 2012 10:02 AM #1
Jane Peters
Home Jane Realty - Los Angeles, CA
Connecting you to the L.A. real estate market

Leolinda, thank you.  I try and make them as simple as possible.

May 16, 2012 10:06 AM #2
Emily Medvec Qualifying Broker
Hello Realty Partners - Santa Fe, NM
Realtor | Serving Santa Fe & Northern NM

Jane, it looks like demand and supply is back in your condo market. I know how much time it takes to do stats. Yours demonstrate your deep knowledge of your market and the reason I follow your blog given you are one of our feeder markets. Good news for your market is good news for our market!

May 16, 2012 11:56 AM #3
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad


The Wilshire Corridor is certainly an interesting area in terms of the buildings and what they offer buyers, and is clearly becoming more competitive. Anyone looking to buy in that area needs to be in touch with you given the wealth of knowledge and understanding that you can bring to their home search or sale.


May 16, 2012 01:38 PM #4
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Jane - you are the expert to go to for the Wilshire Corridor. Thanks for providing such a concise and detailed report.

May 17, 2012 01:28 AM #5
Jane Peters
Home Jane Realty - Los Angeles, CA
Connecting you to the L.A. real estate market

Emily, thank you.  I will need to keep ours on an upward momentum so that you can benefit :)

Jeff,  thank you kindly.  Praise indeed coming from you.

Sarah,  thank you for dropping by :)

May 17, 2012 02:51 AM #6
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Wow!  What an amazing market report you've put together here, Jane!  This took some hard work!  Looks like you've got some positive stats to crow about too.  Thought of you just this morning when I read a report relating the good news that your Los Angeles/South California locations are enjoying.  Sure hope it continues ... for yourself and Emily's sake too!


May 18, 2012 08:00 AM #7
Jane Peters
Home Jane Realty - Los Angeles, CA
Connecting you to the L.A. real estate market

Gene, thank you very much.  Let's hope it continues.

May 18, 2012 08:38 AM #8
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Jane, that's a lot of work you put into presenting your Wilshire corridor condo market report.  I like the use of the red and blue - makes it very easy to understand.  This is exactly why people looking to buy a condo in the Wilshire corridor should call Jane Peters.  She really understands her Los Angeles real estate market.  

May 19, 2012 06:15 AM #9
Jane Peters
Home Jane Realty - Los Angeles, CA
Connecting you to the L.A. real estate market

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

May 19, 2012 08:39 AM #10
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

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 12:18 PM #11
Jane Peters
Home Jane Realty - Los Angeles, CA
Connecting you to the L.A. real estate market

Teri,  thank you very much.

May 19, 2012 12:57 PM #12
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

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 03:07 AM #13
Jane Peters
Home Jane Realty - Los Angeles, CA
Connecting you to the L.A. real estate market

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

May 20, 2012 04:43 AM #14
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