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Century City Condos 2013 Market Report

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

Century City condos have a mix of full service high rise buildings and gated garden complexes with full amenities. Away from the bustle and bustle with easy access to shopping and dining, Century City is a great alternative to the Wilshire Corridor.

Century City condos for sale

We should check in and see how the market performed in 2012 as compared with the previous year.

Building Sold +/- 2011 Median +/- 2011 HOD Avg. Price per S/F Active Median Pending
The Century* 18 +8 $3,787,500 +19.29% $2,046 to $3,600 $1,203.71 3 $4,750,000 3
Century Hill 17 +3 $1,025,000 -3.42% $2,225.95 to $2,281.16 $469.19 8 $1,472,500 1
Le Parc 11 +3 $1,580,000 +54.15% $1,551 to $2,524 $625.14 5 $1,895,000 2
Century Woods** 2 -2 $1,825,000 +107.40% $2,518 to $2,776 $408.60 1 $1,350,000 0
Century Towers 25 +9 $962,000 +8.26% $1,009 to $2,004 $606.34 6 $1,162,000 0
Park Place 11 -9 $800,000 +13.72% $783 to $1,144 $514.27 8 $750,000 2
Century Park East 25 = $535,000 +12.63% $577 to $1,033.15 $490.34 5 $599,900 3

 

Sellers’ Market Stable Market Buyers’ Market
Less than 5 months 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.

**Century Hill is a unique complex combining single family villas and condos. This skews the median price.

Overall Century City condo sales were up in with Le Parc the exception. Century Hill has a low turnover. Median prices were up in all buildings except at Century Hill. Sales at The Century took off last year and it is expected to be sold out by mid 2014.

Other Century City condo market reports

Condos for sale in Century City

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 call me at 310-473-6919

 

Comments(6)

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 - Love your real estate market updates on the luxury condo market in Century City, Los Angeles!  You really show your buyers and sellers why they should be working with you!

Jan 29, 2014 09:13 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Jane

For sure you are the expert on Century City condo buildings and the market activity. Each is like their own neighborhood in terms of activity and prices. Anyone looking to buy or sell in Century City should be on the phone with you right away.

Jeff

Jan 29, 2014 09:37 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Hi Jane,

You always provide the most valuable information on the Century City condo buildings and market activity! Your posts leave no doubt you are the agent well versed in your market area!!!

Jan 29, 2014 11:06 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Laura, thank you as always.

Jeff, thank you also.

Dorie, thank you too :)

Jan 30, 2014 03:17 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Jane - I'm a little surprised to see that Park Place is a buyer's market, anyone looking to purchase in Park Place needs to contact you before it changes.

Jan 30, 2014 06:18 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Michelle, there are some pockets that remain slow for sellers.

Jan 31, 2014 05:11 AM