Century City Condos | Third Quarter Market Report 2012

It’s time to check in on how the Century City condo market is doing so far this year.

 

Building Sold Over 2011 Median % Over 2011 Avg. Price per S/F Active Escrow Market
The Century*  8 -1  $3,125,000 -7.41  $1,026.87 10  0
Century Hill 11  +5  $975,000 -7.14 $431.73  11  1
Le Parc 7 +2  $1,000,000 -33.33 $485.58  3  0
Century Woods 3 =  $759,900  -33.92 $463.59 1 0
Century Towers 13 +6 $897,200 15.02 $585.83 7 3
Park Place 12 +6 $682,500 5.40 $457.12 2 1
Century Park East 20 +4 $506,500 23.09  $439.44 7 5

 

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 higher end Century City condo market shows an increase in sales over the same period last year, except for The Century.  The median price of these is down.  The Century Towers shows a healthy increase in sales and median price over the same period last year.  The more moderately-priced Park Place, and Century Park East are also up in sales and median prices.

Except for The Century and Century Hill Century City Condos is favoring sellers at this time.  And they are much needed.

Century City Condos for Sale

 

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