In many areas of Los Angeles the year got off to a slow start in terms of real estate sales and certainly new homes coming on the market. One of the more desirable neighborhoods is Century City, and last year showed that the market was geared towards sellers.
Let’s see how the first two months treated the Century City condo market.
| Building | Sold | +/- 2012 | Median | +/- 2012 | Avg. Price per S/F | Active | New | Median | Pending |
| The Century* | 4 | +2 | $2,925,000 | +10.38% | $964.17 | 10 | N/A | $4,025,000 | 0 |
| Century Hill | 2 | +2 | $1,005,000 | N/A | $388.41 | 7 | 1 | $1,550,000 | 4 |
| Le Parc | 3 | +2 | $1,325,000 | N/A | $511.82 | 5 | 4 | $1,595,000 | 4 |
| Century Woods | 0 | -1 | N/A | N/A | N/A | 2 | 1 | $1,847,500 | 1 |
| Century Towers | 3 | +3 | $1,000,000 | N/A | $606.38 | 7 | 4 | $939,000 | 3 |
| Park Place | 1 | = | $750,000 | +11.54% | $555.56 | 3 | 3 | $769,000 | 2 |
| Century Park East | 4 | +1 | $450,000 | -20.30% | $429.87 | 7 | 7 | $645,000 | 4 |
| Sellers’ Market | Stable Market | Buyers’ Market |
| Less than 5months 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.
Based on sales over the past six months, the Century City condo market is stable with the exception of The Century which favors buyers and Park Place which favors sellers. Where reported, the median sales price is up except for Century Park East.
Quite a few listings came on the market in January and February, maybe a sign that Century City condo sellers are testing the waters?
Century City condos for sale
- 594 S Mapleton Dr
- Los Angeles CA
- $137,500,000
- 14 Beds | 27 Baths | 56,500 SqFt
- 4 Acres
- 1210 Benedict Canyon Dr
- Beverly Hills CA
- $75,000,000
- 11 Beds | 20 Baths | 27,000 SqFt
- 2 Acres
- 9214 Nightingale Dr
- West Hollywood CA
- $63,000,000
- 5 Beds | 7 Baths | 13,870 SqFt
- 0 Acres
- 766 Paseo Miramar
- Pacific Palisades CA
- $54,000,000
- 7 Beds | 12 Baths | 18,372 SqFt
- 1 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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