Wilshire Corridor Condo Sales July 2017 demonstrate demand is high. Sales include 17 condominiums sold. There are 3 one bedroom, 9 two bedroom, 4 three bedroom and 1 four bedroom that sold. They vary in price from$535,000.00 for a one bedroom to $8,900,000 for a 3 bedroom. Living on the Wilshire Corridor is convenient to so many neighborhoods within Los Angeles.
The lowest price one bedroom listed was $535,000,000 and sold for $580,750,000 in the Wilshire Selby. The lowest price 3 bedroom listed at $824,000,00 sold for $899,000.00 at the Churchill Condominiums. This condo had over 1800 sq ft. Wilshire Corridor Condo Sales July 2017 include the lowest price 2 bedroom sold at the Wilshire Regent for $825,500.00 . It had 1588 sq ft and was listed for $790,000.00 and sold over asking. You can see that many condos are currently selling over market prices. Why?
Firstly, demand for properties to purchase in Los Angeles has been very high. Inventories have been very low. The high demand and lack of inventory is causing prices to rise. Living close to UCLA, Beverly Hills, and central to all communities in Los Angeles is one of the reasons the area is so popular.
Secondly, the buildings usually offer amenities like security, valet , concierge, pool, gym, community room,tennis etc. Some of the buildings include various utilities. For active lifestyles having a condo on the Wilshire Corridor makes house maintenance simpler. When you are busy it is wonderful to have conveniences on hand.
Thirdly, Schools are very good in the area. If you are attending LAUSD public schools both Warner Ave Elementary and Fairburn Elementary as well as Emerson Middle School are all considered good schools. There are many private schools in the area. Prominent Private Schools Near The Wilshire Corridor.
In Conclusion, its a great time to sell because condos are in demand. It is a good time to buy because prices keep going up. You need expertise and assistance which I provide.
Contact Caron Schwartz at 310-282-0831 for all your real estate needs. https://www.caronschwartz.com