Wilshire Corridor Condos 2nd Qtr 2014 in Review

Wilshire Corridor Condos News and Market Reports / By /

Below is the market activity for Wilshire Corridor condos for the 2nd Quarter of 2014. Let’s see how sales are going.

 

The +/- stats are compared to the 1st Quarter of 2014.

Building Sold +/ Price/
Median Price

Avg. Price
Per Sq. Ft.++

Total
Active

Price/
Median Price

 Pending
Beverly West * 0 N/A N/A $1,444.01 1 $7,150,000 1
Blair House 
 0 = N/A $566.46 2 $2,347,000 0
Crown Towers 0 -1 N/A $416.40 3 $659,000 1
La Tour
 2 -1 $2,890,978 $912.99 3 $2,199,900 1
Marie Antoinette 
 2 +2 $632,000 $433.17 1 $689,000 1
Park Wilshire  2 +2 $947,500 $511.61 2 $1,074,000 1
Ten Five Sixty  1 = $1,850,000 $636.61 1 $1,510,000 1
The Californian
 0 = N/A $876.48 2 $5,122,500 0
The Carlyle * 2 = $2,481,250 $890.61 12 $4,095,000 4
The Churchill  1 +1 $830,000 $376.59 6 $802,500 0
The Diplomat  2 +1 $1,244,475 $561.85 1 $1,395,000 1
The Dorchester 
 0 = N/A $437.47 6 $891,500 2
The Grand 
 1 = $695,000 $590.53 2 $1,107,50 0
The Longford  1 +1 $931,000 $530.18 3 $769,000 0
The Mirabella  0 -1 N/A $422.50 2 $3,399,500 1
The Regency Wilshire  1 +1 $1,215,000 $471.96 1 $1,525,000 0
The Remington
 1 -1 $1,310,000 $596.81 8 $1,374,944 0
The Venezia  1 +1 $1,200,000 $675.68 0 N/A 0
The Westford 0 = N/A $675.68 2 $862,000 1
The Westholme 1 -1 $832,500 $385.06 7 $950,000 0
The Wilshire 3 +3 $1,877,000 $765.38 5 $2,995,000 0
Wilshire Comstock
 4 +2 $776,875 $478.40 4 $1,099,000 2
Wilshire Holmby 1 -1 $749,000 $528.21 3 $699,000 0
Wilshire House 0 = N/A $883.79 2 $2.322,500 2
The Wilshire Manning  0 -3 N/A $500.64 2 $712,000 1
Wilshire Marquis 1 -1 $575,000 $522.73 3 $585,000 2
Wilshire Regent 4 = $505,000 $555.11 3 $740,000 4
Wilshire Selby E.
 1 +1 $543,000 $557.49 2 $469,000 0
Wilshire Selby W.
 4 +2 $422,000 $477.19 1 $437,000 2
Wilshire Terrace 0 -1 N/A $447.06 2 $799,000 0
Wilshire Thayer 0 -1 N/A $397.95 2 $1,022,500 0

 

Sellers Market Balanced Market Buyers’ Market
Less than 5 months 5 to 7 months More than 7 months

Information taken from the MLS/CLAW deemed reliable but not guaranteed

* The Beverly West and The Carlyle sell in-house also so we do not have access to the complete stats.

++ This is the last recorded price per sq. ft. where none is presently available.

Overall Wilshire Corridor condo sales are sluggish, and it is a good time for buyers to be taking advantage of an average sold price vs list price of 93.16% and average days on the market of 84, which is way above the local average.

Previous Wilshire Corridor condo market reports

Wilshire Corridor Condos for Sale

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(all data current as of 8/16/2022)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 
 

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