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Century City Condos 1st Quarter 2013 Sales

Posted by janepeters on April 12, 2013
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The First Quarter of 2013 is already over and we should take a look at how Century City condos did in that Quarter compared with the last Quarter of 2012.

Together with the Wilshire CorridorCentury City has one of the few concentrated collections of full-service high-rise communities and, unlike the Corridor, gated ones, with grounds on which to walk.

Century City Condos Market Report

So, how did Century City do?

Building Sold +/- Median +/- Avg. Price per S/F Active Median Pending
The Century* 4 +2  $2,925,000 -18.18%  $1,1,67.57 13 $4,500,000 0
Century Hill 3  +3  $1,000,000 N/A $407.79  9 $1,495,000 3
Le Parc 3 +2  $1,325,000 N/A $511.82 5 $2,200,000 2
Century Woods 1 =  $1,850,000 N/A $459.63 2 $1,595,000 1
Century Towers 5 +2 $1,000,000 +17.65% $587.54 9 $995,000 3
Park Place 1 -8 $750,000 N/A $555.56 3 $1,050,000 3
Century Park East 6 +3 $450,000 -3.43%  $443.18 10 $612,000 8

 

Sellers’ Market Stable Market Buyers’ Market
Less than 5months 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.

With the exception of Park Place, sales were up.  Century Wood’ sales remained at 1.

Overall, Century City is still a buyers’ market or balanced between buyers and sellers.

If you are interested in renting a condo in Century City, there are currently 32 properties available at a median price of $3,888 a month, the low being $2,350 for a one-bedroom in Century Park East, and $13,500 at The Century (private rental as the property does not offer units for lease).

Related Posts

Century City Condos.  The Year in Review
Century City Condos for Sale | Half Yearly Market Report 2012

Century City Condos | Market Report 1st Qtr. 2012
Century City Condo Market Report 2011

Condos for sale in Century City

 

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