Another year has flown by and it is time to check in on the Wilshire Corridor condo market to see how sales progressed over 2012 compared with 2011. Was there any improvement? Let’s take a look.
The figures are based on 2 bedrooms units and up and do not include penthouse units.
Building | Sold | +/2011 | Median Price | +/- 2011 |
Avg. Price |
Total |
Median Price |
Pending |
Beverly West * | 1 | +1 | $5,000,000 | N/A | $1,202.50 | N/A | N/A | N/A |
Blair House |
4 | +2 | $1,393,500 | +11.08% | $684.06 | 3 | $2,625,000 | 0 |
Crown Towers | 1 | -5 | $475,000 | N/A | $415.36 | 3 | $785,000 | 2 |
La Tour |
2 | -3 | $2,060,000 | +17.71% | $655.42 | 2 | $2,312,000 | 1 |
Marie Antoinette |
5 | -1 | $400,000 | -10.10% | $287.20 | 0 | N/A | 2 |
Park Wilshire | 6 | -2 | $692,544 | -4.80% | $368.78 | 1 | $1,299,000 | 1 |
Ten Five Sixty | 8 | +4 | $962,500 | -0.62% | $472.32 | 4 | $964,500 | 2 |
The Californian |
5 | +1 | $2,100,000 | +16.67 | $789.71 | 5 | $2,795,000 | 0 |
The Carlyle ** | 4 | +3 | $2,525,000 | N/A | $851.47 | 7 | $3,795,000 | 2 |
The Churchill | 2 | -2 | $562,500 | +25.84% | $330.79 | 2 | $607,000 | 0 |
The Diplomat | 2 | = | $1,060,000 | +21.14% | $477.80 | 0 | N/A | 0 |
The Dorchester | 6 | +4 | $712,500 | +18.26% | $403.27 | 3 | $750,000 | 2 |
The Grand |
4 | = | $615,000 | -10.87% | $348.05 | 0 | N/A | 1 |
The Longford | 3 | +2 | $525,000 | N/A | $389.50 | 3 | $948,880 | 0 |
The Mirabella | 3 | -2 | $980,000 | -10.91% | $473.43 | 1 | $1,330,000 | 1 |
The Regency Wilshire | 1 | = | $1,700,000 | N/A | $471.96 | 1 | $1,495,000 | 0 |
The Remington |
6 | +1 | $1,542,000 | +14.22% | $675.45 | 4 | $2,845,000 | 0 |
The Venezia | 0 | -1 | N/A | N/A | N/A | 0 | N/A | 0 |
The Westford | 2 | -1 | $1,007,200 | +3.30% | $473.98 | 1 | $1,299,000 | 3 |
The Westholme | 7 | +3 | $483,000 | +34.17% | $320.93 | 4 | $847,000 | 0 |
The Wilshire | 4 | = | $1728,875 | +32.48% | $637.05 | 0 | N/A | 0 |
Wilshire Comstock |
8 | = | $615,000 | -20.02% | $390.76 | 1 | $750,000 | 3 |
Wilshire Holmby | 4 | -2 | $460,000 | -0.86% | $336.79 | 0 | N/A | 0 |
Wilshire House | 5 | +2 | $1,900,000 | +43.29% | $726.84 | 2 | $2.085,000 | 0 |
The Wilshire Manning | 1 | = | $1,160,000 | N/A | $476.78 | 6 | $1,061,500 | 0 |
Wilshire Marquis | 5 | -2 | $495,000 | +17.86 | $435.79 | 1 | $590,000 | 1 |
Wilshire Regent | 12 | +4 | $406,250 | -29.35% | $526.52 | 2 | $475,000 | 2 |
Wilshire Selby East+ | 5 | +2 | $450,000 | +4.65% | $421.00 | 0 | N/A | 0 |
Wilshire Selby West + | 1 | -5 | $355,000 | N/A | $416.18 | 0 | N/A | 1 |
Wilshire Terrace | 5 | +4 | $572,500 | N/A | $317.08 | 1 | $795.000 | 1 |
Wilshire Thayer | 1 | -3 | $1,150,000 | N/A | $535.88 | 2 | $540,000 | 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 is not presently listing its active condos on the MLS. The first unit did sell quickly. No listing information is presently available on the MLS.
**The Carlyle sells in house also, so the figures may not be totally accurate.
+These figures include one bedroom units
The majority of Wilshire Corridor condo buildings are favoring sellers, the exceptions being, Beverly West, Blair House, La Tour, The Longford, Regency Wilshire, Wilshire Manning, and The Thayer. The Californian, The Remington, The Churchill, and The Westford are all balanced between buyers and sellers.
It is difficult to see a trend with some of the median prices up and others down, the same with number of sales. But overall, buyers are looking for condos on the Wilshire Corridor, and som fresh, new inventory would be welcome.
Recent market reports
Wilshire Corridor Condo Market Report November 2012
Wilshire Corridor Condos Market Report October 2012
Wilshire Corridor 3rd Quarter Market Report 2012
Wilshire Corridor Half Year Market Report 2012
Wilshire Corridor Condos for Sale
(Sample listings)
- MLS® #: SB24031051MR
- 3216 The Strand
- MANHATTAN BEACH CA
- $25,000,000
- 5 Bed | 8 Bath | 7,454 SqFt
- 0 Acres
- MLS® #: 24-377993
- 9606 Heather Rd
- Beverly Hills CA
- $25,000,000
- 7 Bed | 11 Bath | 7,656 SqFt
- 2.1 Acres
- MLS® #: 24-365237
- 9694 Oak Pass Rd
- Beverly Hills CA
- $25,000,000
- 7 Bed | 12 Bath | 13,962 SqFt
- 1.7 Acres
- MLS® #: 24-382915
- 2002 LOMA VISTA DR
- BEVERLY HILLS CA
- $24,995,000
- 5 Bed | 9 Bath | 10,047 SqFt
- 0.86 Acres
- MLS® #: 24-354275
- 21622 Pacific Coast Hwy
- Malibu CA
- $24,995,000
- 3 Bed | 4 Bath | 0 SqFt
- 0.16 Acres
- MLS® #: 23-341149
- 1001 1st St
- Manhattan Beach CA
- $24,995,000
- 6 Bed | 9 Bath | 9,479 SqFt
- 0.22 Acres
- MLS® #: 24-388599
- 1240 Shadow Hill Way
- Beverly Hills CA
- $24,950,000
- 6 Bed | 7 Bath | 0 SqFt
- 0.67 Acres
- MLS® #: 24-372473
- 32554 Pacific Coast Hwy
- Malibu CA
- $24,950,000
- 4 Bed | 5 Bath | 5,232 SqFt
- 1.89 Acres
- MLS® #: 24-361531
- 24380 Malibu Rd
- Malibu CA
- $24,950,000
- 4 Bed | 5 Bath | 4,600 SqFt
- 0.15 Acres
- MLS® #: 23-312045
- 32357 Pacific Coast Hwy
- Malibu CA
- $24,950,000
- 5 Bed | 9 Bath | 9,975 SqFt
- 2.79 Acres
- MLS® #: 23-289448
- 1001 Bel Air Rd
- Los Angeles CA
- $24,950,000
- Bed | 0 Bath | 0 SqFt
- 1.06 Acres
- MLS® #: 23-233044
- 602 Mountain Dr
- Beverly Hills CA
- $24,950,000
- Bed | 0 Bath | 0 SqFt
- 1.29 Acres
- MLS® #: 24-385573
- 23450 Malibu Colony Rd
- Malibu CA
- $24,500,000
- 4 Bed | 6 Bath | 4,959 SqFt
- 0.16 Acres
- MLS® #: 23-330289
- 9040 W Sunset Blvd PHA
- West Hollywood CA
- $24,500,000
- 4 Bed | 5 Bath | 6,415 SqFt
- 0.45 Acres
- MLS® #: 23-300944
- 1044 1044 S Robertson Blvd
- Los Angeles CA
- $24,500,000
- Bed | 0 Bath | 0 SqFt
- 0.17 Acres
- MLS® #: 23-269199
- 10806 Yerba Buena Rd
- Malibu CA
- $24,500,000
- Bed | 0 Bath | 0 SqFt
- 312.3 Acres
- MLS® #: CV24049620MR
- 2150 TERREBONNE
- SAN DIMAS CA
- $24,000,000
- Bed | 0 Bath | 0 SqFt
- 68 Acres
- MLS® #: 24-350299
- 611 N Hillcrest Rd
- Beverly Hills CA
- $23,995,000
- 7 Bed | 7 Bath | 10,865 SqFt
- 0.28 Acres
- MLS® #: 24-385419
- 722 N Camden Dr
- Beverly Hills CA
- $23,950,000
- 7 Bed | 10 Bath | 11,446 SqFt
- 0.36 Acres
- MLS® #: SR24005843MR
- 5303 ROUND MEADOW RD
- HIDDEN HILLS CA
- $23,895,000
- 7 Bed | 9 Bath | 11,906 SqFt
- 2 Acres
- MLS® #: 23-338755
- 1200 Club View Dr 20
- Los Angeles CA
- $23,350,000
- 4 Bed | 6 Bath | 8,215 SqFt
- 0.57 Acres
- MLS® #: 24-377613
- 25250 Malibu Rd
- Malibu CA
- $23,000,000
- 5 Bed | 6 Bath | 3,878 SqFt
- 0.16 Acres
- MLS® #: 24-379511
- 31030 Broad Beach Rd
- Malibu CA
- $22,900,000
- 4 Bed | 5 Bath | 5,150 SqFt
- 0.3 Acres
- MLS® #: 23-341269
- 1013 N Roxbury Dr
- Beverly Hills CA
- $22,900,000
- 6 Bed | 8 Bath | 10,039 SqFt
- 0.66 Acres
- MLS® #: 24-368135
- 9555 Heather Rd
- Beverly Hills CA
- $22,895,000
- 9 Bed | 15 Bath | 14,693 SqFt
- 1.38 Acres
- MLS® #: 24-363573
- 151 S Cliffwood Ave
- Los Angeles CA
- $22,500,000
- 6 Bed | 9 Bath | 8,387 SqFt
- 0.48 Acres
- MLS® #: 24-357905
- 814 Foothill Rd
- Beverly Hills CA
- $22,500,000
- 7 Bed | 10 Bath | 6,321 SqFt
- 0.96 Acres
- MLS® #: SR21132920CN
- 0 Tierra Subida
- PALMDALE CA
- $22,475,000
- Bed | 0 Bath | 0 SqFt
- 155 Acres
- MLS® #: 24-365740
- 510 Doheny Rd
- Beverly Hills CA
- $22,000,000
- 4 Bed | 6 Bath | 7,392 SqFt
- 0.86 Acres
- MLS® #: 24-363863
- 18904 Pacific Coast Hwy
- Malibu CA
- $22,000,000
- 7 Bed | 7 Bath | 5,380 SqFt
- 0.25 Acres
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
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