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.
We should check in and see how the market performed in 2012 as compared with the previous year.
|Building||Sold||+/- 2011||Median||+/- 2011||HOD||Avg. Price per S/F||Active||Median||Pending|
|The Century*||18||+8||$3,787,500||+19.29%||$2,046 to $3,600||$1,203.71||33||$4,900,000||3|
|Century Hill||17||+3||$1,025,000||-3.42%||$2,225.95 to $2,281.16||$469.19||8||$1,472,500||1|
|Le Parc||11||+3||$1,580,000||+54.15%||$1,551 to $2,524||$625.14||5||$1,895,000||2|
|Century Woods**||2||-2||$1,825,000||+107.40%||$2,518 to $2,776||$408.60||1||$1,350,000||0|
|Century Towers||25||+9||$962,000||+8.26%||$1,009 to $2,004||$606.34||6||$1,162,000||0|
|Park Place||11||-9||$800,000||+13.72%||$783 to $1,144||$514.27||8||$750,000||2|
|Century Park East||25||=||$535,000||+12.63%||$577 to $1,033.15||$490.34||5||$599,900||3|
|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 Hill is a unique complex combining single family villas and condos. This skews the median price.
Overall Century City condo sales were up in with Le Parc the exception. Century Hill has a low turnover. Median prices were up in all buildings except at Century Hill. Sales at The Century took off last year and it is expected to be sold out by mid 2014.
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