Another year has flown by and it is time to check in on the Wilshire Corridor condo market to see how sales progressed over 2012 compared with 2011. Was there any improvement? Let’s take a look.
The figures are based on 2 bedrooms units and up and do not include penthouse units.
Building | Sold | +/2011 | Median Price | +/- 2011 |
Avg. Price |
Total |
Median Price |
Pending |
Beverly West * | 1 | +1 | $5,000,000 | N/A | $1,202.50 | N/A | N/A | N/A |
Blair House |
4 | +2 | $1,393,500 | +11.08% | $684.06 | 3 | $2,625,000 | 0 |
Crown Towers | 1 | -5 | $475,000 | N/A | $415.36 | 3 | $785,000 | 2 |
La Tour |
2 | -3 | $2,060,000 | +17.71% | $655.42 | 2 | $2,312,000 | 1 |
Marie Antoinette |
5 | -1 | $400,000 | -10.10% | $287.20 | 0 | N/A | 2 |
Park Wilshire | 6 | -2 | $692,544 | -4.80% | $368.78 | 1 | $1,299,000 | 1 |
Ten Five Sixty | 8 | +4 | $962,500 | -0.62% | $472.32 | 4 | $964,500 | 2 |
The Californian |
5 | +1 | $2,100,000 | +16.67 | $789.71 | 5 | $2,795,000 | 0 |
The Carlyle ** | 4 | +3 | $2,525,000 | N/A | $851.47 | 7 | $3,795,000 | 2 |
The Churchill | 2 | -2 | $562,500 | +25.84% | $330.79 | 2 | $607,000 | 0 |
The Diplomat | 2 | = | $1,060,000 | +21.14% | $477.80 | 0 | N/A | 0 |
The Dorchester | 6 | +4 | $712,500 | +18.26% | $403.27 | 3 | $750,000 | 2 |
The Grand |
4 | = | $615,000 | -10.87% | $348.05 | 0 | N/A | 1 |
The Longford | 3 | +2 | $525,000 | N/A | $389.50 | 3 | $948,880 | 0 |
The Mirabella | 3 | -2 | $980,000 | -10.91% | $473.43 | 1 | $1,330,000 | 1 |
The Regency Wilshire | 1 | = | $1,700,000 | N/A | $471.96 | 1 | $1,495,000 | 0 |
The Remington |
6 | +1 | $1,542,000 | +14.22% | $675.45 | 4 | $2,845,000 | 0 |
The Venezia | 0 | -1 | N/A | N/A | N/A | 0 | N/A | 0 |
The Westford | 2 | -1 | $1,007,200 | +3.30% | $473.98 | 1 | $1,299,000 | 3 |
The Westholme | 7 | +3 | $483,000 | +34.17% | $320.93 | 4 | $847,000 | 0 |
The Wilshire | 4 | = | $1728,875 | +32.48% | $637.05 | 0 | N/A | 0 |
Wilshire Comstock |
8 | = | $615,000 | -20.02% | $390.76 | 1 | $750,000 | 3 |
Wilshire Holmby | 4 | -2 | $460,000 | -0.86% | $336.79 | 0 | N/A | 0 |
Wilshire House | 5 | +2 | $1,900,000 | +43.29% | $726.84 | 2 | $2.085,000 | 0 |
The Wilshire Manning | 1 | = | $1,160,000 | N/A | $476.78 | 6 | $1,061,500 | 0 |
Wilshire Marquis | 5 | -2 | $495,000 | +17.86 | $435.79 | 1 | $590,000 | 1 |
Wilshire Regent | 12 | +4 | $406,250 | -29.35% | $526.52 | 2 | $475,000 | 2 |
Wilshire Selby East+ | 5 | +2 | $450,000 | +4.65% | $421.00 | 0 | N/A | 0 |
Wilshire Selby West + | 1 | -5 | $355,000 | N/A | $416.18 | 0 | N/A | 1 |
Wilshire Terrace | 5 | +4 | $572,500 | N/A | $317.08 | 1 | $795.000 | 1 |
Wilshire Thayer | 1 | -3 | $1,150,000 | N/A | $535.88 | 2 | $540,000 | 1 |
Seller’s Market | Stable Market | Buyers’ Market |
Less than 5 months inventory | 5 to 7 months inventory | More than 7 months inventory |
Information taken from the MLS/CLAW deemed reliable but not guaranteed
* The Beverly West is not presently listing its active condos on the MLS. The first unit did sell quickly. No listing information is presently available on the MLS.
**The Carlyle sells in house also, so the figures may not be totally accurate.
+These figures include one bedroom units
The majority of Wilshire Corridor condo buildings are favoring sellers, the exceptions being, Beverly West, Blair House, La Tour, The Longford, Regency Wilshire, Wilshire Manning, and The Thayer. The Californian, The Remington, The Churchill, and The Westford are all balanced between buyers and sellers.
It is difficult to see a trend with some of the median prices up and others down, the same with number of sales. But overall, buyers are looking for condos on the Wilshire Corridor, and som fresh, new inventory would be welcome.
Recent market reports
Wilshire Corridor Condo Market Report November 2012
Wilshire Corridor Condos Market Report October 2012
Wilshire Corridor 3rd Quarter Market Report 2012
Wilshire Corridor Half Year Market Report 2012
Wilshire Corridor Condos for Sale
(Sample listings)
- MLS® #: 23-326547
- 615 N Faring Rd
- Los Angeles CA
- $38,995,000
- 6 Bed | 12 Bath | 17,661 SqFt
- 0.69 Acres
- MLS® #: 24-381047
- 812 - 814 N Bedford Dr
- Beverly Hills CA
- $38,500,000
- 10 Bed | 14 Bath | 12,125 SqFt
- 0.93 Acres
- MLS® #: 24-370667
- 23736 Malibu Colony Rd
- Malibu CA
- $38,500,000
- 6 Bed | 5 Bath | 0 SqFt
- 0.41 Acres
- MLS® #: 23-340553
- 150 S Rockingham Ave
- Los Angeles CA
- $38,500,000
- 6 Bed | 7 Bath | 8,144 SqFt
- 1.41 Acres
- MLS® #: 24-355701
- 5046 Carbon Beach Ter
- Malibu CA
- $38,000,000
- 5 Bed | 9 Bath | 12,637 SqFt
- 17.16 Acres
- MLS® #: 24-358901
- 1550 Amalfi Dr
- Pacific Palisades CA
- $37,995,000
- 8 Bed | 15 Bath | 16,773 SqFt
- 1.8 Acres
- MLS® #: 24-364483
- 11870 Ellice St
- Malibu CA
- $37,900,000
- 6 Bed | 10 Bath | 20,000 SqFt
- 1 Acres
- MLS® #: 24-374265
- 2911 Antelo View Dr
- Los Angeles CA
- $36,900,000
- 9 Bed | 14 Bath | 15,360 SqFt
- 5.36 Acres
- MLS® #: SR24098045MR
- 25079 JIM BRIDGER RD
- HIDDEN HILLS CA
- $36,000,000
- 6 Bed | 10 Bath | 16,779 SqFt
- 2 Acres
- MLS® #: 24-377851
- 1305 Collingwood PL
- LOS ANGELES CA
- $35,000,000
- 6 Bed | 8 Bath | 11,800 SqFt
- 0.43 Acres
- MLS® #: 24-385023
- 28823 Cliffside Dr
- Malibu CA
- $35,000,000
- 6 Bed | 5 Bath | 7,269 SqFt
- 0 Acres
- MLS® #: 23-339061
- 10690 Somma Way
- Los Angeles CA
- $35,000,000
- 7 Bed | 13 Bath | 28,000 SqFt
- 3.98 Acres
- MLS® #: 24-364749
- 32752 Pacific Coast Hwy
- Malibu CA
- $35,000,000
- 8 Bed | 7 Bath | 0 SqFt
- 2.63 Acres
- MLS® #: SR23213915MR
- 24105 HIDDEN RIDGE RD
- HIDDEN HILLS CA
- $34,950,000
- 6 Bed | 10 Bath | 21,670 SqFt
- 2 Acres
- MLS® #: 23-289893
- 23800 Malibu Crest Dr
- Malibu CA
- $34,900,000
- 7 Bed | 10 Bath | 15,500 SqFt
- 2.51 Acres
- MLS® #: 24-343915
- 23826 Malibu Rd
- Malibu CA
- $34,900,000
- 5 Bed | 6 Bath | 4,500 SqFt
- 0.34 Acres
- MLS® #: 24-359319
- 4533 Cockerham Dr
- Los Angeles CA
- $34,800,000
- 9 Bed | 11 Bath | 20,000 SqFt
- 2.01 Acres
- MLS® #: 22-185237
- 23754 MALIBU RD
- MALIBU CA
- $34,500,000
- 4 Bed | 6 Bath | 3,857 SqFt
- 0.27 Acres
- MLS® #: 23-292039
- 9950 COTHARIN RD
- MALIBU CA
- $34,000,000
- 7 Bed | 8 Bath | 8,000 SqFt
- 20 Acres
- MLS® #: 24-386159
- 10801 Chalon Rd
- Los Angeles CA
- $33,900,000
- 5 Bed | 8 Bath | 3,795 SqFt
- 0.78 Acres
- MLS® #: 24-373997
- 1050 Stradella Rd
- Los Angeles CA
- $33,800,000
- 7 Bed | 16 Bath | 0 SqFt
- 0.9 Acres
- MLS® #: 24-379923
- 23917 Malibu Rd
- Malibu CA
- $32,900,000
- 5 Bed | 10 Bath | 8,200 SqFt
- 1.32 Acres
- MLS® #: 24-377631
- 9344 Nightingale Dr
- Los Angeles CA
- $31,999,000
- 6 Bed | 8 Bath | 0 SqFt
- 0.58 Acres
- MLS® #: 24-379209
- 10250 W Sunset Blvd
- Los Angeles CA
- $30,000,000
- 14 Bed | 25 Bath | 30,000 SqFt
- 2.81 Acres
- MLS® #: SB23213904MR
- 1000 The Strand
- MANHATTAN BEACH CA
- $30,000,000
- 10 Bed | 9 Bath | 5,967 SqFt
- 0 Acres
- MLS® #: 22-213107
- 1100 Bel Air Rd
- Los Angeles CA
- $29,995,000
- Bed | 0 Bath | 0 SqFt
- 4.58 Acres
- MLS® #: 24-352975
- 407 Robert Ln
- Beverly Hills CA
- $29,995,000
- 9 Bed | 12 Bath | 13,404 SqFt
- 1.09 Acres
- MLS® #: 24-364831
- 1675 Carla Rdg
- Beverly Hills CA
- $29,995,000
- 4 Bed | 5 Bath | 7,000 SqFt
- 0.58 Acres
- MLS® #: 24-370375
- 380 Trousdale Pl
- Beverly Hills CA
- $29,995,000
- 8 Bed | 13 Bath | 8,922 SqFt
- 0.99 Acres
- MLS® #: 24-392706
- 1118 Calle Vista Dr
- Beverly Hills CA
- $29,995,000
- 5 Bed | 8 Bath | 7,500 SqFt
- 0.98 Acres
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
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