Wilshire Corridor Market Report Half Year Market Report 2016

We haven’t looked at the Wilshire Corridor market in a while, so let’s see how sales have gone this year.  The figures are for the first half of the year until June 30th.

If you want to keep track on a regular basis by building you may click here. These are live statistics updated daily.

 The Information provided by the MLS/CLAW deemed reliable but not guaranteed

What does the above chart tell us?

Active Listings:  There are currently 64 condos on the market, 44 of which which came on the market this year through June 30.

Sold Listings:  70 condos – 38 less than the same period last year.

Median Price:  $987,812 – a 9.82% increase over the same period last year.

Average Days on the Market:  71 – a 17 day drop over the same period last year.

Sold vs List Price:  You will see by number of days on the market how this varies. But overall it is slightly up over last year.

If you wish to see how sales went for each building you may visit the Wilshire Corridor page.

 

Need more info on the Wilshire Corridor? Fill out the CONTACT FORM or call Jane at 310-351-9208

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