Wilshire Corridor Condos 3rd Quarter 2017 Market Report

It has been a while since we checked in on activity on the Wilshire Corridor, home of some of Los Angeles’ most luxurious condo buildings. So let’s see how sales so far this year compare to the same period in 2016.

Wilshire Corridor condos market report September 2017

Sold 2017: 120
Sold 2016: 115

Median Price 2017: $1,099,000
Median Price 2016: $1,025,000

Average Days on the Market 2017: 73
Average Days on the Market 2016: 90

Overall there has not been much change through September this year as compared with the same period last year.

Let’s look at activity per building:

The information provided by the MLS/CLAW deemed reliable but not guaranteed

 

There is currently just under four months of inventory available which indicates that the Wilshire Corridor condo market favors buyers.

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