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Wilshire Corridor Real Estate Market Report 2011

The Wilshire Corridor Condo Market report for 2011 is based on units of 2 bedrooms and up, not including penthouses.  This will provide a more realistic picture.  For sales by numbers of bedrooms check out each individual Wilshire Corridor building page over the next few weeks.

Condo Building
Sold Median Sold Price
Avg. Price Per SF
Avg. DOM+
Active Median Price Avg. Price Per SF
Beverly West* 6 $5,226,000
The Carlyle** 1 $3,200,000  $905.23  148 6 $2,574,500 $956.03
Blair House, 2 $1,254,500 $564.33 35 2 $1,997,500 $896.14
The Californian 4 $1,800,000 $754.39 185 4 $2,845,000 $1,024.13
The Remington 5 $1,350,000 $715.78 73 3 $1,385,000 $679.06
La Tour 5 $1,750,000 $656.33  51 4 $2,547,000 $807.60
The Longford 1  $425,000  $297.83  113 0  
Regency Wilshire 1  $950,000  $396.99  99 2 $1,631,500 $531.95
The Wilshire 4 $1,305,000 $547.09 129 3 $1,650,000 $609.55
Wilshire House 3 $1,326,000 $464.75 88 5 $2,100,000 $832.49
Park Wilshire 7 $740,000 $389.28 60 5 $995,000 $389.28
The Grand 4 $690,000 $405.51 103 1 $895,000 $542.75
The Mirabella 5 $1,100,000 $465.37 82 1 $959,000 $465.37
The Venezia 1 $1,200,000 $628.93 41  0
Ten Five Sixty 4 $970,00 $551.93 96 5 $1,129,000 $607.59
Wilshire Manning 1 $1,050,000 $402.61 98 5 $1,250,000 $559.32
The Churchill 3 $444,000 $273.72 100 0
Wilshire Comstock 3 $789,000 $399.36 79 1 $575,000 $385.39
Wilshire Terrace 3  $2,150,000  $644.73  57 3 $1,100,000 $500.06
Crown Towers 6 $427,500 $316.30 82 3 $675,000 $490.06
Marie Antoinette 6 $444,950 $290.99 88 2 $424,000 $290.61
The Diplomat 2 $875,000 $414.10 313 1 $799,000  $390.71  
The Dorchester 2  $602,500  $427.91  32 3 $599,000 $427.91
The Westford 3 $975,000 $443.01 48 0
The Westholme 3  $360,000 $284.97  187 3 $735,000 $411.16
Wilshire Holmby 6 $464,000 $315.58 39 0 Sellers’ $807.60
Wilshire Regent 6 $600,000 $479.52  108  
Wilshire Selby E. 2 $425,000 $420.17 265 0  
Wilshire Selby W. 0 0
Wilshire Thayer 3  $560,000 $359.44  69 3 $679,000 $462.82
Wilshire Marquis 7 $420,000 $385.76 90 1 $549,900 $392.79

All information from the CLAW MLS is deemed accurate but is not guaranteed.

Absorption Rate:  6 months = balanced market; Over 6 months = buyers’ market; Under 6 months = sellers’ market

* The Beverly West has just opened its sales office so statistics are not yet applicable for this building.   There is one unit in escrow at a list price of $5,717,250.

** The Carlyle sells in-house also so numbers are not accurately reflected.

Average days on the market are also skewed by the fact that a listing could come on the market, sell quickly and not reflect that some units in the same building have been on the market for two years or more.

However, interpreting the above statistics as best we can the preponderance of Wilshire Corridor condos favor a sellers’ market.

 

Search Wilshire Corridor Condos for Sale

Showing properties 1 - 25 of 91. See more Wilshire Corridor Condos for Sale
(all data current as of 1/6/2012)

  1.  Wilshire Corridor Condo Market Report 2011
    3 beds, 5.0 baths
    Home size: 3,216 sq ft
    Year built: 1958
    Parking spots: 2
    Days on market: 2
  2. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.0 baths
    Home size: 1,356 sq ft
    Year built: 1964
    Days on market: 3
  3. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.5 baths
    Home size: 2,772 sq ft
    Year built: 2009
    Parking spots: 2
    Days on market: 3
  4. 0 medium Wilshire Corridor Condo Market Report 2011
    3 beds, 4.5 baths
    Home size: 3,535 sq ft
    Year built: 2009
    Parking spots: 2
    Days on market: 3
  5. 0 medium Wilshire Corridor Condo Market Report 2011
    4 beds, 4.5 baths
    Home size: 5,383 sq ft
    Year built: 1980
    Parking spots: 3
    Days on market: 3
  6. 0 medium Wilshire Corridor Condo Market Report 2011
    1 bed, 1.75 baths
    Home size: 1,076 sq ft
    Year built: 1972
    Parking spots: 1
    Days on market: 3
  7. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 3.0 baths
    Home size: 2,146 sq ft
    Year built: 1981
    Parking spots: 2
    Days on market: 4
  8. 0 medium Wilshire Corridor Condo Market Report 2011
    1 bed, 2.0 baths
    Home size: 893 sq ft
    Year built: 1963
    Parking spots: 1
    Days on market: 6
  9. 0 medium Wilshire Corridor Condo Market Report 2011
    1 bed, 1.0 baths
    Home size: 753 sq ft
    Year built: 1963
    Days on market: 22
  10. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 3.0 baths
    Home size: 2,045 sq ft
    Year built: 1982
    Parking spots: 2
    Days on market: 23
  11. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2 full baths
    Home size: 1,549 sq ft
    Year built: 1961
    Parking spots: 4
    Days on market: 31
  12. 0 medium Wilshire Corridor Condo Market Report 2011
    1 bed, 1 full bath
    Home size: 1,401 sq ft
    Lot size: 1.95 ac
    Year built: 1961
    Parking spots: 1
    Days on market: 33
  13. 0 medium Wilshire Corridor Condo Market Report 2011
    1 bed, 2 full baths
    Home size: 1,076 sq ft
    Lot size: 17,860 sq ft
    Year built: 1972
    Parking spots: 1
    Days on market: 38
  14. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 4.0 baths
    Home size: 2,464 sq ft
    Year built: 1958
    Parking spots: 2
    Days on market: 38
  15. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.5 baths
    Home size: 2,008 sq ft
    Year built: 1989
    Parking spots: 2
    Days on market: 40
  16. 0 medium Wilshire Corridor Condo Market Report 2011
    0 beds, 1.0 baths
    Home size: 160 sq ft
    Year built: 1961
    Days on market: 41
  17. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.0 baths
    Home size: 1,492 sq ft
    Year built: 1961
    Days on market: 41
  18. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.0 baths
    Home size: 1,400 sq ft
    Year built: 1978
    Days on market: 44
  19. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2 full, 1 part baths
    Home size: 2,220 sq ft
    Year built: 2001
    Parking spots: 4
    Days on market: 46
  20. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.5 baths
    Home size: 3,000 sq ft
    Year built: 1982
    Days on market: 48
  21. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2 full, 1 part baths
    Home size: 2,640 sq ft
    Year built: 2005
    Parking spots: 2
    Days on market: 53
  22. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.5 baths
    Home size: 2,229 sq ft
    Year built: 1982
    Parking spots: 2
    Days on market: 53
  23. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2 full baths
    Home size: 1,711 sq ft
    Year built: 1981
    Parking spots: 2
    Days on market: 53
  24. 0 medium Wilshire Corridor Condo Market Report 2011
    1 bed, 1.0 baths
    Home size: 1,498 sq ft
    Year built: 1961
    Days on market: 53
  25. 0 medium Wilshire Corridor Condo Market Report 2011
    0 beds, 1.0 baths
    Home size: 188 sq ft
    Year built: 1961
    Days on market: 53

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

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