It’s time to take a look at how the Century City condo market is doing.
Together with the Wilshire Corridor, Century City has one of the few concentrated collections of full-service high-rise communities and, unlike the Corridor, gated ones, with grounds in which to walk.
Let’s see how the 3rd Qtr fared.
The comparison is between the 2nd Qtr 2014.
| Building | Sold | +/- | Median | % +/- | Avg. Price per S/F | Active | Median | Pending |
| The Century* | 9 | -3 | $5,000,000 | +50.04 | $1,364.17 | 13 | $8,950,000 | 3 |
| Century Hill** | 2 | +1 | N/A | N/A | $466.81 | 12 | $1,349,500 | 5 |
| Le Parc | 4 | = | $1,647,500 | -10.95 | $708.62 | 5 | $1,499,000 | 1 |
| Century Woods | 0 | -1 | N/A | N/A | $542.82 | 0 | N/A | 0 |
| Century Towers | 6 | +2 | $1,032,500 | +22.19** | $714.98 | 7 | $1,294,000 | 2 |
| Park Place | 4 | +1 | $900,000 | +33.33 | $549.97 | 8 | $794,000 | 0 |
| Century Park East | 9 | +3 | $549,500 | -16.04 | $573.65 | 10 | $654,500 | 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 not guaranteed
*The Century does not report all its sales on the MLS, so this is an estimate.
** This rise in the median price is because of a one-bedroom which sold last Quarter which dropped the median price.
The Century has now moved into a fairly balanced market and prices in the building are increasing and a couple of the sales are resales.
Century Hill continues with slow sales.
Le Parc and Century Park East have moved into a sellers’ market.
There has been no action at all in Century Woods.
Century Towers continues in a sellers’ market.
Park Place has moved into a more balanced market.
Other Century City market reports
Condos for sale in Century City
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