Wilshire Corridor Condo Sales 2014

Let’s see how theWilshire Corridor condo market performed in 2014 and compare it to 2013 activity.

Penthouse units are excluded from the statistics. 

Building Sold +/2013 Median Price % +/- 2013

Avg. Price
Per Sq. Ft.**

Total
Active

Median Price

Pending
Beverly West * 2 +1 $6,209,000 N/A $1,628.38 3 $7,495,000 0
Blair House  1 -8 $2,146,500 N/A $773.23 0 N/A 2
Crown Towers 2 -3 $535,000 -13.16 $405.92 0 N/A 1
La Tour  8 +5 $2,768,478 +38.42 $830.02 2 $2,749,450 0
Marie Antoinette  3 -2 $640,000 +55.08 $397.83 0 N/A 0
Park Wilshire  5 -7 $1,055,000 +16.96 $596.62 2 $1,647,000 0
Ten Five Sixty  6 = $1,162,500 +43.52 $636.12 6 $1,220,000 1
The Californian 0 -4 N/A N/A $876.48 1 $10,000,000 0
The Carlyle ** 13 +7 $2,725,000 -2.79 $985.83 9 $3,595,000 3
The Churchill  2 -3 $635,000 +21.00 $389.93 1 $1,495,000 0
The Diplomat  4 +4 $1,160,000 N/A $544.82 1 $1,299,000 0
The Dorchester  8 +4 $755,000 +9.42 $509.77 2 $824,000 1
The Grand  5 -2 $980,000 +9.01 $515.20 3 $875,000 0
The Longford   3 +1 $810,000 -3.80 $539.21 1 $695,000 0
The Mirabella  3 -5 $935,000 -14.71 $503.30 1 $1,499,000 0
The Regency Wilshire 1 = $1,215,000 +21.5 $579.40 3 $895,000 1
The Remington  8 +5 $2,277,500 -42.70 $666.82 2 $1,501,500 0
The Venezia  1 +1 $1,200,000 N/A $675.68 1 $1,575,000 0
The Westford 1 -5 $1,110,000 -6.72% $513.41 3 $885,000 1
The Westholme 8 +2 $696,250 -2.28 $388.68 4 $824,500 0
The Wilshire 5 +1 $2,000,000 -27.93 $776.02 4 $2,845,000 0
Wilshire Comstock 12 +9 $806,500 +25.04 $493.15 5 $859,000 2
Wilshire Holmby 4 = $866,563 +66.49 $387.06 2 $564,000 1
Wilshire House 2 -2 $2,267,500 -12.45 $804.93 2 $2.045,000 0
The Wilshire Manning  6 -1 $1,105,000 +11.39 $497.71 3 $1,197,000 2
Wilshire Marquis 8 +2 $585,000 +6.17 $505.92 1 $599,000 1
Wilshire Regent 19 +8 $485,000 +7.78 $595.05 3 $580,000 1
Wilshire Selby E. 4 +2 $467,500 -4.79 $544.20 1 $615,000 1
Wilshire Selby W. 8 = $427,000 +6.75 $473.16 0 N/A o
Wilshire Terrace  3 -4 $950,000 +26.67 $402.07 1 $2,500,000 1
Wilshire Thayer  1 -2 $700,000 +34.62 $397.95 2 $824.500 0
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 sells in-house and does not list or report all its activity.

**The Carlyle sells in house also, so the figures may not be totally accurate.

Overall there is a lack of new inventory. It is still a good time for sellers to consider putting their homes on the market.

Looking to buy a condo? There is still plenty of opportunity in the higher-end buildings.

Other Wilshire Corridor condo market reports

Wilshire Corridor Condos for Sale

(Sample listings)