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Jane Peters' Blog

By Jane Peters | Agent in Los Angeles, CA

Century City Condos, The Year in Review

Century City condos offer you a variety of options.  You have the options of high rise living a little away from the hustle and bustle, and also low-rise buildings with lots of open grounds.

Below is an example of one of the spectacular views you get from the Century Towers buildings at 2220 and 2222 Avenue of the Stars:

We should check in and see how the market performed in 2012 as compared with the previous year.

BuildingSold+/- 2011Median+/- 2011Avg. Price per S/FActiveMedianPending
The Century*10+1 $3,175,000-6.62% $1,028.569$4,500,0001
Century Hill14 +7 $1,061,250+17.92%$431.45 11$1,295,0001
Le Parc8+3 $1,025,000-31.67%$504.994$1,472,0002
Century Woods4+1 $879,950-23.48%$438.981N/A0
Century Towers16+6$888,600+25.60%$570.1810$979,5001
Park Place20+9$703,500+8.23%$467.703$759,5002
Century Park East25+1$475,000+16.56% $442.584$507,2503

 

Sellers’ MarketStable MarketBuyers’ Market
Less than 5months inventory5 to 7 months inventoryMore 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.

Overall Century City condo sales were up in 2012 over the previous year.  Median prices were up in all buildings except Century Woods, Le Parc, and The Century, but only slightly down at The Century.  And apart from The Century, and Century Hill the market is balanced or geared towards sellers.

Related Posts

Century City Condos for Sale | Half Yearly Market Report 2012
Century City Condos | Market Report 1st Qtr. 2012
Century City Condo Market Report 2011

Condos for sale in Century City

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Read more: http://www.homejane.com/century-city-condos-the-year-in-review.html#ixzz2HVfB438i

Comments

By Sharon Paxson,  Sun Jan 13 2013, 16:19
Good information about Century City condos.
By Jane Peters,  Sun Jan 13 2013, 16:41
Thank you very much.

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