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Century City Condos. 2014 Market Report

Posted by janepeters on January 26, 2015
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Century City condos have a mix of full service high rise buildings and gated garden complexes with full amenities.  Away from the bustle and bustle with easy access to shopping and dining, Century City is a great alternative to the Wilshire Corridor.

Condos for sale in Century City

Let’s see how 2014 activity compares to the previous year.

Building Sold +/- 2013 Median  %+/- 2013 HOD Avg. Price per S/F Active Median Pending
The Century* 31 +13 $4,525,000 +19.47 $2,046 to $4,920 $1,351.33 8 $5,700,000 0
Century Hill 9 -8 $1,032,600 +0.74 $1,626 to $2,700 $440.49 15 $1,300,000 1
Le Parc 12 +1 $1,762,500 +5.85 $1,579 to $1,943 $700.23 3 $1,395,000 2
Century Woods** 2 = $1,512,500 -17.12 $1,350 to $3,275 $566.27 1 $3,275,000 0
Century Towers 17 -8 $1,035,000 +7.59 $1,201 to $1,634 $724.10 11 $1,295,000 2
Park Place 19 +8 $699,000 -12.62 $805 to $1,157 $499.61 2 $1,187,000 1
Century Park East 27 +2 $624,800 +16.79 $589 to $1,618 $548.03 7 $639,000 2

 

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

Information provided by the MLS/CLAW deemed reliable but no guaranteed

*The Century does not report all its sales on the MLS, so this is an estimate. And figures do  not include penthouses.

**Century Woods is a unique complex combining single family villas and condos. This skews the median price.

Century Hill and Century Towers sales have been slow.

The Century is close to selling out and is already showing resales.

Le Parc, Park Place and Century Park Estate are in a sellers’ market.

Other Century City condo market reports

Condos for sale in Century City

 

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