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Let’s Check in on The Wilshire Corridor Condo Market 2018

[vc_row][vc_column][vc_column_text]Another year has flown by and it’s time to check in on the Wilshire Corridor condo market to see how sales went during 2018 by individual building.

Wilshire Corridor condo market report 2018

The numbers in red reflect the change over 2017.

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]1200 Club View Drive – Beverly West
(Not all sales are reported through the MLS)
Number sold: 2
Average price: $9,375,000
Average price per sq. ft: $2,363.50
Average price change: +93%

865-875 Comstock Ave. – The Comstock
Number Sold: 11
Average price: $938,864
Average price per sq. ft: $687.28
Average price change: -12.7%

10350 Wilshire Blvd. – The Diplomat
Number sold: 2
Average price: $1,149,750
Average price per sq. ft: $594
Average price change: -27.7%

10375 Wilshire Blvd. – Wilshire Terrace
Number sold: 2
Average price: $1,035,000
Average price per sq. ft: $461
Average price change: -5.2%

10380 Wilshire Blvd. – La Tour
Number sold: 1
Price: $2,200,000
Price per sq. ft: $700
Average price change: -29.7%

10430 Wilshire Blvd. – The Mirabella
Number sold: 5
Average price: $1,808,333
Average price per sq. ft: $749
Average price change: +8.9%

10433 Wilshire Blvd. – Wilshire Holmby
(Excluding penthouse and double unit)
Number sold: 5
Average price: $1,087,800
Average price per sq. ft: $626
Average price change: +51%

10445 Wilshire Blvd. – The Grand
Number sold: 4
Average price: $1,180,000
Average price per sq. ft: $557
Average price change: -6%

10450 Wilshire Blvd. – The Churchill
Number sold: 3
Average price: $1,033,333
Average price per sq. ft: $619
Average price change: +18%

10490 Wilshire Blvd. – Blair House
Number sold: 7
Average price: $2,216,142
Average price per sq. ft: $816
Average price change: -4%

10501 Wilshire Blvd. – Wilshire Regent
Number sold: 17
Average price: $596,905
Average price per sq. ft: $736.17
Average price change: +5%

10520 Wilshire Blvd. – The Dorchester
Number sold: 3
Average price: $940,000
Average price per sq. ft: $516
Average price change: -9%

10535 Wilshire Blvd. – Wilshire Marquis
Number sold: 4
Average price: $798,750
Average price per sq. ft: $656
Average price change: +19%

10550 Wilshire Blvd. – Wilshire Thayer
Number sold: 1
Price: $1,280,000
Price per sq. ft: $590
Average price change: +62%

10551 Wilshire Blvd. – Regency Wilshire
Number sold: 1 (double unit)
Price: $4,895,000a
Price per sq. ft: $633

10560 Wilshire Blvd. – Ten Five Sixty
Number sold: 3
Average price: $1,956,666
Average price per sq. ft: $774
Average price change: +14%[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]10580 Wilshire Blvd. – The Wilshire
Number sold: 5
Average price: $2,976,600
Average price per sq. ft: $1,078
Average price change: +32%

10590 Wilshire Blvd. – The Westholme
Number sold: 2
Price: $675,500
Price per sq. ft: $513
Average price change: +0.26%

10601 Wilshire Blvd. – Wilshire House
(Excluding penthouse)
Number sold: 5
Price: $2,175,200
Price per sq. ft: $907
(Only one sale in 2017

10660 Wilshire Blvd. – Wilshire Manning
Number sold: 5
Average price: $1,479,600
Average price per sq. ft: $661
Average price change: +9%

10701 Wilshire Blvd. –  Crown Towers
Number sold: 5
Average price: $935,375
Average price per sq. ft: $687
Average price change: +33%

10724 Wilshire Blvd. – The Park Wilshire
(Excluding penthouse and 1 rare one-bedroom)
Number sold: 3
Average price: $1,825,000
Average price per sq. ft: $647
Average price change: +30%

10727 Wilshire Blvd. – The Remington
Number sold: 6
Average Price: $1,726,000
Average price per sq. ft: $797
Average price change: -18%

10747 Wilshire Blvd. – Wilshire Selby East
Number sold: 0

10750 Wilshire Blvd. – The Westford
Number sold: 5
Average price: $1,377,400
Average price per sq. ft: $619
Average price change: +16%

10751 Wilshire Blvd. –  Wilshire Selby W
Number sold: 7
Average price: $683,428
Price per sq. ft: $$816
Average price change: +23%

10776 Wilshire Blvd. – The Carlyle
Number Sold: 6
Average price: $3,481,268
Average price per sq. ft: $1,194
Average price change: -7%

10777 Wilshire Blvd. – The Liddell
(Newer building)
Number Sold: 13
Average price: $1,504, 692
Average price per sq. ft: $1,090

10787 Wilshire Blvd.  – Marie Antoinette
Number sold: 3
Average price: $972
Average price per sq. ft.: $666
Average price change: +27%

10790 Wilshire Blvd. – The Longford
Number sold: 1
Price: $2,150,000
Price per sq. ft.: $785
Average price change: +39%

10795 Wilshire Blvd. – The Venezia
Number sold: 3
Average price: $1,225,000
Average price per sq. ft.: $702
Average price change: -6%

10800 Wilshire Blvd. – The Californian
Number sold: 3
Average price: $3,373,000
Average price per sq. ft.: $1,170
Average price change: -25%[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

The information provided by the MLS/CLAW deemed reliable but not guaranteed – % changes rounded up or down

The number of units sold in 2018 was basically the same as for 2017, approximately 160.

The median price of 2017 sales was ~ $1.1M and one third of the sales sold for almost full price. The lowest sold vs list price percent was 95%.

The median price of 2018 sales was $1.267M. 73 sold for just over 100% and the lowest sold vs list price was also 95%.

Some of the higher-priced buildings: La Tour, The Remington, and The Californian saw the largest drop in average price. And the highest price jumps were seen at the Wilshire Holmby, The Wilshire, the Crown Towers, Park Wilshire, and The Longford.

More Wilshire Corridor Market Reports

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If you would like more information about a particular building please do not hesitate to contact us at 310-351-9208 or fill out the form below.

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