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Wilshire Corridor Condos: A Market Overview Through April 2012

Let's see how the Wilshire Corridor condo market is doing so far this year.

It’s already May. This year is almost half over. So without further ado, let’s see what’s been happening in Wilshire Corridor condo market over the first third of 2012.

The above data are taken from the MLS/CLAW.  Deemed reliable but not guaranteed
Bold = buyers’ market.  Italic = sellers’ market.  Standard = stable market

 If you look at the Wilshire Corridor Condo market report for 2011 you will see the following changes in terms of absorption rate (the number of months it will take to sell existing inventory, in this case based on the past 4 months sales).  6 months is a stable market, above that is a buyer’s market and below a sellers’ market:

From a buyers’ to a sellers’ market:

The Regency Wilshire
Ten Five Sixty
Wilshire Holmby

From a sellers’ market to a buyers’ market

Blair House
Crown Towers
Wilshire Regent
Wilshire Selby East
Wilshire Selby West


Read more: http://www.homejane.com/checking-in-on-the-wilshire-corridor-condo-market.html#ixzz1touXfkg9

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Orin Kennedy May 09, 2012 at 06:38 AM
Please add Beverly Glen Towers at 1333 S. Beverly Glen Blvd. Los Angeles, CA 90024 Although 2 1/2 blocks south of Wislhire it is a boutique condominium building (49 units) with excellent full service.
Orin Kennedy May 09, 2012 at 06:40 AM
Prior post should read GLEN TOWERS (not Beverly Glen Towers). Thank you.
Jane Peters May 09, 2012 at 03:45 PM
Orin, yes, I know the building, but it technically isn't on the Wilshire Corridor. I would be happy to write a separate report on it if you would like.
JustinSara June 21, 2012 at 12:19 PM
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