This post was contributed by a community member. The views expressed here are the author's own.

Wilshire Corridor Condos | A Market Overview, February 2012

Read a market report on Wilshire Corridor, the height of luxury living in Westwood. Great for people who want to downsize or newcomers to town looking to rent before finding a place to buy.

Posted Tue, Feb 7, 2012 at 12:56 am PT|Updated Tue, Feb 7, 2012 at 3:35 pm PT

Jane Peters blogs about real estate trends on the Wilshire Corridor.

There are presently 96 listed condos for sale on the Wilshire Corridor.

Three units have been on the market for over two years: two at La Tour, and one at the Marie Antoinette.

Four units have been on the market for over one year: one at The Californian, one at La Tour, one at The Remington, and one at 10560 Wilshire.

Twelve units have been on the market for over six months.

Seven units are listed as Short Pay (I am relying on the MLS here): two at the Marie Antoinette, one at 10560 Wilshire, one at The Mirabella, one at Wilshire Selby East, one at Wilshire Selby West, and one coming up at The Grand.

There is one foreclosure noted in the MLS, at The Wilshire Holmby.

One bedroom condos

Sixteen are available from $310,000 to $799,000, with homeowners' dues from $500,000 at the Wilshire Selby West, to $2,233 at The Wilshire Terrace.

Two bedroom condos

Forty eight units are available from $355,000 at The Churchill, to $3,100,000 at Blair House. Homeowners dues from $549 at the Wilshire Marquis to $2,987 at The Californian.

Three bedroom condos

There are 20 units available from $399,000 at the Marie Antoinette to $13,795,000 at The Carlyle. Homeowners dues from $1,283 at the Marie Antoinette to $3,370 at The Remington penthouse.

Four bedroom condos

There are four units from $735,000 at The Westholme to $11,995,000 at The Californian. Homeowners dues from $1,610 to $3,409.16 respectively.

The new Beverly West is not included in the above overview.