The Wilshire Corridor is a unique market. The average price of a condo is $1.1 Million and the turnover at that price is not large, as you can imagine.

Let’s see how the market performed over the last Quarter:

Building	Sold	+/	Price/ Median Price	Avg. Price Per Sq. Ft.⁺⁺	Total Active	Price/ Median Price	Pending
Beverly West *	1	+1	$6,218,000	$1,630.74	2	$6,872,500	0
Blair House	1	+1	$2,146,500	$773.23	1	$2,399,000	0
Crown Towers	0	=	N/A	$416.40	1	$949,000	2
La Tour	1	-1	$1,950,000	$611.29	3	$2,099,900	1
Marie Antoinette	0	-2	N/A	$433.17	1	$584,900	1
Park Wilshire	1	-1	$562,000	$584.20	3	$998,000	0
Ten Five Sixty	3	+2	$1,200,000	$671.93	4	$1,742,500	0
The Californian	0	=	N/A	$876.48	1	$4,950,000	0
The Carlyle*	4	+2	$2,664,375	$971.63	7	$4,125,000	6
The Churchill	0	-1	N/A	$376.59	3	$899,000	0
The Diplomat	1	-1	$1,080,000	$459.18	0	N/A	0
The Dorchester	4	+4	$765,000	$498.54	1	$729,000	2
The Grand	1	=	$980,000	$592.50	4	$939,000	1
The Longford	1	=	$810,000	$478.72	1	$650,000	1
The Mirabella	2	+2	$1,172,500	$544.84	0	N/A	0
Regency Wilshire	0	-1	N/A	$471.96	2	$1,114,500	1
The Remington	4	+3	$1,250,000	$741.21	3	$1,249,000	0
The Venezia	0	-1	N/A	$675.68	2	$1,285,000	0
The Westford	1	+1	$1,110,000	$513.41	1	$1,299,950	0
The Westholme	3	+2	$900,000	$388.43	4	$849,500	0
The Wilshire	0	-3	N/A	$765.38	6	$2,995,000	0
Wilshire Comstock	3	+2	$798,000	$478.40	4	$1,099,000	2
Wilshire Holmby	1	=	$853,125	$352.53	2	$574,000	0
Wilshire House	2	+2	$2,267,500	$804.93	3	$2.249,000	0
The Wilshire Manning **	3	+3	$1,110,000	$494.96	1	$1,099,000	1
Wilshire Marquis	4	+3	$590,000	$504.64	2	$649,450	2
Wilshire Regent	4	=	$417,500	$685.47	3	$565,000	5
Wilshire Selby E.	2	+1	$467,500	$543.92	1	$465,000	0
Wilshire Selby W.	1	-3	$519,026	$509.35	0	N/A	2
Wilshire Terrace	0	=	N/A	$447.06	2	$1,575,000	2
Wilshire Thayer	0	=	N/A	$397.95	3	$775,000	0

Sellers Market	Balanced Market	Buyers’ Market
Less than 5 months	5 to 7 months	More than 7 months

Information taken from the MLS/CLAW deemed reliable but not guaranteed

* The Beverly West and The Carlyle sell in-house also so we do not have access to the complete stats. One of the listed condos at the Beverly West is a resale.
**There is one penthouse unit for sale at $4,995,000. It is unlikely to sell at this price – $899.51 per square foot.
⁺⁺ This is the last recorded price per sq. ft. where none is presently available.

Over the past three months there have been 45 units sold at an average price of $1,138,509. The average days on the market was 109 and the sold price vs listed price was 93.63%.

The majority of buildings favor buyers, mostly in the higher end market

Previous Wilshire Corridor condo market reports