It's time to take a look at how the Wilshire Corridor condo market performed in 2013 and compare it to 2012 activity. The figures are primarily based on 2 bedrooms units and up and do not include penthouse units.
Building | Sold | +/2012 | Median Price | +/- 2012 |
Avg. Price Per Sq. Ft.** |
Total Active |
Median Price |
Pending |
Beverly West* | 1 | = | $5,506,000 | N/A | $1,444.01 | N/A | N/A | N/A |
Blair House | 9 | +5 | $971,000 | -30.32% | $566.46 | 4 | $1,672,500 | 0 |
Crown Towers | 5 | +4 | $616,091 | N/A | $426.58 | 1 | $779,000 | 1 |
La Tour | 3 | +1 | $2,000,000 | -2.91% | $664.18 | 4 | $2,835,000 | 2 |
Marie Antoinette | 5 | = | $412,700 | +3.17% | $285.09 | 3 | $585,000 | 0 |
Park Wilshire | 12 | +6 | $902,000 | +30.24% | $488.97 | 2 | $1,360,000 | 0 |
Ten Five Sixty | 6 | -2 | $810,000 | -15.84% | $514.49 | 2 | $1,395,000 | 0 |
The Californian | 4 | -1 | $2,450,000 | +16.67 | $876.48 | 0 | N/A | 0 |
The Carlyle** | 6 | +2 | $2,803,125 | +11.41% | $922.46 | 7 | $3,995,000 | 2 |
The Churchill | 5 | +3 | $524,800 | -6.70% | $373.18 | 2 | $1,800,000+ | 0 |
The Diplomat | 0 | -2 | N/A | N/A | N/A | 1 | $1,295,000 | 0 |
The Dorchester | 4 | -2 | $690,000 | -3.16% | $437.47 | 3 | $895,000 | 1 |
The Grand | 7 | +3 | $899,000 | +46.18% | $522.27 | 1 | $989,000 | 1 |
The Longford | 2 | -1 | $842,000 | +60.38% | $419.43 | 0 | N/A | 0 |
The Mirabella | 8 | +5 | $1,096,250 | +11.86% | $500.63 | 2 | $1,032,500 | 0 |
Regency Wilshire | 1 | = | $1,000,000 | N/A | $476.87 | 0 | N/A | 0 |
The Remington | 11 | -4 | $2,277,500 | +47.70% | $799.68 | 8 | $1,397,000 | 1 |
The Venezia | 0 | = | N/A | N/A | N/A | 0 | N/A | 0 |
The Westford | 6 | +4 | $1,190,000 | +18.15% | $543.53 | 0 | N/A | 0 |
The Westholme | 6 | -1 | $712,500 | +47.52% | $408.01 | 6 | $805,000 | 1 |
The Wilshire | 4 | +2 | $2,775,000 | +60.51% | $942.76 | 5 | $2,295,000 | 0 |
Wilshire Comstock | 3 | -5 | $645,000 | +4.88% | $362.32 | 3 | $975,000 | 0 |
Wilshire Holmby | 4 | = | $520,500 | +13.15% | $375.28 | 0 | N/A | 0 |
Wilshire House | 4 | -1 | $2,590,000 | -6.67% | $883.79 | 2 | $2.675,000 | 0 |
Wilshire Manning | 7 | +6 | $992,000 | -14.48% | $438.00 | 3 | $1,295,000 | 0 |
Wilshire Marquis | 6 | -1 | $551,000 | +11.31% | $454.63 | 1 | $749,000 | 1 |
Wilshire Regent+ | 11 | -1 | $450,000 | +10.77% | $550.24 | 3 | $585,000 | 2 |
Wilshire Selby E.+ | 2 | -3 | $491,000 | +9.11% | $557.95 | 0 | N/A | 0 |
Wilshire Selby W.+ | 8 | +7 | $400,000 | +12.68% | $460.37 | 1 | $459,000 | 2 |
Wilshire Terrace | 7 | +2 | $750,000 | +31.00% | $489.15 | 1 | $2,500,000 | 0 |
Wilshire Thayer | 3 | +2 | $520,000 | -54.78% | $312.68 | 2 | $1,064,000 | 1 |
Seller’s Market | Stable Market | Buyers’ Market |
Less than 5 months inventory | 5 to 7 months inventory | More than 7 months inventory |
Information taken from the MLS/CLAW deemed reliable but not guaranteed
* The Beverly West sells in-house and does not list or report all its activity. **The Carlyle sells in house also, so the figures may not be totally accurate. +These figures include one bedroom units There isn't an overall trend showing from 2014 sales on the Wilshire Corridor. Inventory has basically not improved with the majority of buildings favoring sellers or balanced between a buyers or sellers market. Median prices up overall as are sales. Pending sales are down so it will be interesting to see what the 1st Quarter brings. Previous annual market reports Wilshire Corridor Condo Market the Year in Review Wilshire Corridor Condo Market Report 2011
Wilshire Corridor Condos for Sale
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