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Jane Peters' Blog

By Jane Peters | Agent in Los Angeles, CA

Century City Condos 1st Qtr 2013 in Review

The First Quarter of 2013 is already over and we should take a look at how Century City condos did in that Quarter compared with the last Quarter of 2012.

Together with the Wilshire Corridor, Century City has one of the few concentrated collections of full-service high-rise communities and, unlike the Corridor, gated ones, with grounds on which to walk.

So, how did Century City do?

BuildingSold+/-Median+/-Avg. Price per S/FActiveMedianPending
The Century*4+2 $2,925,000-18.18% $1,1,67.5713$4,500,0000
Century Hill3 +3 $1,000,000N/A$407.79 9$1,495,0003
Le Parc3+2 $1,325,000N/A$511.825$2,200,0002
Century Woods1= $1,850,000N/A$459.632$1,595,0001
Century Towers5+2$1,000,000+17.65%$587.549$995,0003
Park Place1-8$750,000N/A$555.563$1,050,0003
Century Park East6+3$450,000-3.43% $443.1810$612,0008


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 not guaranteed

*The Century does not report all its sales on the MLS, so this is an estimate.

With the exception of Park Place, sales were up.  Century Wood‘ sales remained at 1.

Overall, Century City is still a buyers’ market or balanced between buyers and sellers.

If you are interested in renting a condo in Century City, there are currently 32 properties available at a median price of $3,888 a month, the low being $2,350 for a one-bedroom in Century Park East, and $13,500 at The Century (private rental as the property does not offer units for lease).

Related Posts

Century City Condos.  The Year in Review
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-1st-quarter-2013-sales.html#ixzz2QNSTEHYw

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