Los Angeles Condominium Market

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MARKET OVERVIEW CURRENTLY SELLING SOLD OUT ABOUT POLARIS PACIFIC PAGE 63 PAST RESALE DEVELOPMENTS KOREATOWN PROJECT NAME ADDRESS DEVELOPER UNITS THE MERCURY 3810 WILSHIRE BLVD KENNEDY WILSON 238 SOLAIR WILSHIRE 3785 WILSHIRE BLVD ST RESIDENTIAL 186 THE SUMMIT ON SIXTH 3223 W. 6TH ST BIG ROCK PARTNERS 96 BARCELONA TOWERS 625 S. BERENDO ST BERENDO TOWERS, LLC 77 MUSEO LOFTS 600 S. RIDGELEY DR CANFIELD DEVELOPMENT 52 KENMORE TOWER 540 S. KENMORE AVE WILSHIRE VILLAS KENMORE, LP 42 SERRANO PALACE 702 S. SERRANO AVE NBGI HOMES 33 TOTAL 724 LOS ANGELES MARKET REPORT, MAY 2016
MARKET OVERVIEW CURRENTLY SELLING SOLD OUT ABOUT POLARIS PACIFIC PAGE 64 KOREATOWN THE MERCURY 3810 WILSHIRE BLVD PROJECT INFORMATION Developer: Kennedy Wilson Submarket: Koreatown Number of Homes: 238 HOA Fees: $560-$815 Sales Start Date: Feb ‘06 Sales End Date: Feb ‘10 Avg. Absorption: 4.9 Units/Mo. MLS MARKET ACTIVITY (PAST 12 MONTHS) STATUS TYPE #LISTINGS SIZE SF LIST PRICE LIST PSF SOLD PRICE SOLD PSF DOM 1-BED AVGS 2 730 $439,000 $601 - - 29 ACTIVE 2-BED AVGS 3 1,113 $657,667 $590 - - 72 - - - - - - - - 1-BED AVGS 1 830 $389,000 $469 - - - PENDING - - - - - - - - - - - - - - - - 1-BED AVGS 10 778 $430,300 $554 $418,100 $539 85 SOLD 2-BED AVGS 7 1,023 $576,429 $565 $566,357 $555 106 - - - - - - - - KOREATOWN SOLAIR WILSHIRE 3785 WILSHIRE BLVD PROJECT INFORMATION Developer: ST Residential Submarket: Koreatown Number of Homes: 186 HOA Fees: $730-$925 Sales Start Date: Mar ’08 Sales End Date: Oct ’13 Avg. Absorption: 2.7 Units/Mo. MLS MARKET ACTIVITY (PAST 12 MONTHS) STATUS TYPE #LISTINGS SIZE SF LIST PRICE LIST PSF SOLD PRICE SOLD PSF DOM 2-BED AVGS 9 1,494 $1,077,644 $715 - - 57 ACTIVE 3-BED AVGS 1 1,700 $1,405,000 $826 - - 159 - - - - - - - - - - - - - - - - PENDING - - - - - - - - - - - - - - - - 2-BED AVGS 7 1,531 $1,055,286 $684 $1,002,857 $651 40 SOLD 3-BED AVGS 2 1,715 $1,139,500 $664 $1,107,500 $646 24 - - - - - - - - LOS ANGELES MARKET REPORT, MAY 2016
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THE POLARIS PACIFIC REPORT Los Ange
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TABLE OF CONTENTS 1 MARKET OVERVIEW
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Los Angeles Condominium Market

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