$7,944 Closing Credit*
$669,000
832 SqFt
1 Bed
•1 Full Bath
Mitra Sisatar, Listing Office: Coldwell Banker Realty
Is Century City, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Century City was a Neutral Market.
Key Takeaway
Century City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Century City, CA
How much do homes in Century City, CA cost?
Median Sold Price
$1,427,000
$782/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,000(+3.4%)
Key Takeaway
Homes in Century City have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Century City was $1,427,000 in October 2024, up 3.4% from last year, and the median price per square foot was $782.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $632K | $635K | 0.5% |
| 2 Bedrooms | $1.2M | $1.2M | -1.3% |
| 3 Bedrooms | $2.3M | $1.8M | -20.8% |
| 4 Bedrooms | $2.7M | $12.7M | +365.8% |
| 5+ Bedrooms | $3.6M | $5.8M | +60.4% |
Summary: Century City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes increased by 365.8%, and 5+ bedroom homes increased by 60.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Century Hill | $1.4M | $1.6M | +9.4% |
| Century City | $1.3M | $1.4M | +3.4% |
| Park Place | $1.1M | $1.1M | +3.3% |
Housing Supply in Century City, CA
How many homes are available in Century City, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 70 | 71 | +1.4% |
Summary: The Century City real estate market had 71 homes for sale in October 2024, a 1.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 42 | 44 | +4.8% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Century City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Century City, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Century City in October 2024, down by 46.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Century City, CA
How long does it take to sell a home in Century City, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 50 Days | +45.8% |
Summary: Homes in Century City had an average of 50 days on market in Oct 2024, up by 45.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Century City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Century City; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.