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Wilshire Corridor Condos - Market Activity for July 2010

Wilshire Corridor Condos

The Wilshire Corridor, also known as The Golden Mile, stretches from Westwood Blvd. to Club View Dr. and is home to some of the most luxurious condominium buildings in Los Angeles.

In the over $1 million category, only one condo sold in July at the Californian, 10800 Wilshire, for $2,050,000 a realization of 85.77% of the list price. It went under contract in one day.

There are 62 units on the market at an average price of $2,947,015 and the average days on the market are 165.

There are 3 units under contract.

In the under $1 million category on the Wilshire Corridor there were 5 condos sold for an average of $545,600.  Average days on the market were 68.

There are 50 units on the market $647,898, and average days on the market are 108.

There are 12 units under contract.

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Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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Comments

Good morning Jane,

Now I'm going to see if you don't get a great call on this post! You are due and I feel one coming your way!

Posted by Dorie Dillard Realtor® Canyon Creek NW Austin TX homes for sale (Coldwell Banker United Realtors) almost 2 years ago

I hope that you were either the buyr's or seller's agent on that one condo that sold this month!

That dollar volume would exceed the annual production by nearly 80% of all the Realtors in the country!

Posted by Craig Rutman Raleigh/ Cary/ Apex area Realtor (Helping people in transition) almost 2 years ago

Dorie, there are a lot for sale.  I hope to contribute to selling them.  Thank you.

Craig,  amazing isn't it.  And no.  :)

Posted by Jane Peters - Los Angeles Real Estate DRE# 01439865 (Power Brokers Int'l) almost 2 years ago

Always like to hear of those 1-day under contracts.  They happen here as well and unexpectedly.

Posted by Colorado Springs Realtor ® - Cherise Selley (Selley Group Real Estate, LLC) almost 2 years ago

Cherise,  no rhyme nor reason for those.  Some is at the right place at the right time.

Posted by Jane Peters - Los Angeles Real Estate DRE# 01439865 (Power Brokers Int'l) almost 2 years ago

 

Wow-with those prices one can see why it is called The Golden Mile!

Jane, this is a test to see if you have your new folder at your side.

What is the name of the major street that runs behind The Willshire Corridor condos?

Posted by Bruce Walter (Keller Williams Realty Lafayette/West Lafayette, Indiana) almost 2 years ago

Bruce,  I know that.  It's West Navajo St.

Posted by Jane Peters - Los Angeles Real Estate DRE# 01439865 (Power Brokers Int'l) almost 2 years ago

Of course you did!!!  Good show!!!!

 

Posted by Bruce Walter (Keller Williams Realty Lafayette/West Lafayette, Indiana) almost 2 years ago

Bruce,  you do realize where that street is, right?

Posted by Jane Peters - Los Angeles Real Estate DRE# 01439865 (Power Brokers Int'l) almost 2 years ago

Jane, I don't.  I will have to defer to my LA Connection!  ^_~ 

Please elaborate.

Posted by Bruce Walter (Keller Williams Realty Lafayette/West Lafayette, Indiana) almost 2 years ago

Bruce,  do you know where YOUR City Hall is? I don't think West Navajo St. would be a street in Los Angeles :)

Posted by Jane Peters - Los Angeles Real Estate DRE# 01439865 (Power Brokers Int'l) almost 2 years ago

Oh, Jane that is great!!!!  You got me.  Although, on a technicality  we moved out into the country about two miles outside the CITY limits two years ago,  so it is no longer our city hall.

That dry sense of humor of yours is now in the wicked sense of humor category!  Well done, Jane!   ^_~

 

Posted by Bruce Walter (Keller Williams Realty Lafayette/West Lafayette, Indiana) almost 2 years ago

:)

Posted by Jane Peters - Los Angeles Real Estate DRE# 01439865 (Power Brokers Int'l) almost 2 years ago

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