Century City Condos 2nd Qtr 2015 Market Report

Century City Market Report / By /

We are already into the Third Quarter of 2015. How is the Century City condo market doing?

Let’s take a look and compare sales to the First Quarter.

 

Building Sold +/- Median % +/- Avg. Price per S/F Active Median Pending
The Century* 4 +2 $4,272,500 -2.90 $1,361.73 18 $9,225,000 0
Century Hill 3 +2 $1,050,000 N/A $474.27 15 $1,399,000 1
Le Parc 0 -3 $1,647,500 N/A $708.62 1 $1,350,000 1
Century Woods 0 = N/A N/A N/A 1 $2,695,000 0
Century Towers 3 = $1,100,000 -17.85 $674.68 12 $1,262,500 2
Park Place 4 +1 $724,500 -35.31 $454,84 8 $1,014,500 0
Century Park East 12 +7 $590,000 -1.50 $613.17 10 $664,000 0

 

Sellers’ Market Stable Market Buyers’ Market
Less than 5 months inventory 5 to 7 months inventory More than 7 months inventory

TheInformation provided by the MLS/CLAW deemed reliable but not guaranteed

The items in red show the last Quarter statistics where there are none this Quarter.

*The Century does not report all its sales on the MLS, so this is an estimate. Out of the 18 listed on the MLS 10 are already resales.

Overall the median price is down even though sales picked up slightly. However there is still a shortage of inventory in Le Parc and Century Woods both of which have low turnover.

Century Park East condos continue to sell steadily.

Other Century City market reports

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