Native Angelino Research · Wilshire Corridor
The final second quarter revisions to the Wilshire Corridor Condo Price Index are in. For the year ended June 30, 2026, condo prices on the 1.2 mile Wilshire Corridor in Los Angeles, ZIP 90024, rose 7.06 percent, outpacing every broad Los Angeles benchmark over the same period.
The number that matters: up 7.06 percent year over year
The Wilshire Corridor Condo Price Index, or WCCPI, closed the year ended June 30, 2026 up 7.06 percent. That annual figure is the one to read, and this quarter it tells a clear story. While the broader Los Angeles market was flat to falling, the corridor advanced.
Over the same year, the S&P Cotality Case-Shiller LA Condo Index fell 2.17 percent, the Case-Shiller LA All Homes Index rose only 0.48 percent, and the Zillow LA City Condo index fell 4.26 percent. Against that backdrop, a 7.06 percent gain on the Wilshire Corridor stands out.
| Index | One year total return |
|---|---|
| Wilshire Corridor Condo Price Index (WCCPI) | +7.06% |
| Case-Shiller LA All Homes (LXXRSA) | +0.48% |
| Case-Shiller LA Condo (LXXRCSA) | −2.17% |
| Zillow LA City Condo (ZHVI) | −4.26% |
Year ended June 30, 2026. Source: Native Angelino Research. Benchmarks: S&P Cotality Case-Shiller and Zillow.
Why we do not lead with the quarter
Read alone, the quarter looks dramatic. The index moved from 224.31 at the end of the first quarter to 252.54 at the end of the second, a rise of 12.58 percent in three months. That is not a boom. It is noise.
The Wilshire Corridor is a single 1.2 mile stretch with a limited number of high rise buildings, so each quarter rests on a small set of repeat sale pairs. A handful of transactions can push a single quarter sharply up or down, and the following quarter can give much of it back. The annual figure smooths that volatility, which is why it is the number we trust and the number we report first.
Beneath the surface, a mixed quarter
The headline gain was not evenly shared. The corridor's full service Tier 1 buildings, the higher quality, higher HOA end of the market, actually eased 3.01 percent for the quarter and gained 2.77 percent year over year. The rest of the corridor carried the overall advance.
That split is worth watching. When the most service rich buildings soften while the broader index climbs, it often reflects buyers weighing higher carrying costs against price, rather than any weakness in the corridor itself. One quarter is not a trend. It is a signal to watch into the next reading.
The long view
Since the index base in the first quarter of 2000, Wilshire Corridor condos have appreciated 152.54 percent, an annualized rate of 3.59 percent per year. Over five years the index is up 9.78 percent, and over ten years 28.77 percent. Historically the corridor has appreciated more slowly than the broader Los Angeles market, so a year in which it leads the metro benchmarks is a notable change of pace rather than the long run norm.
What comes next: the October read
The clearer signal arrives in October, once the busy summer selling season closes and those sales are recorded and paired. Summer is typically the corridor's most active stretch, so the next update will show whether the second quarter strength was durable or simply the noise that a small quarterly sample can produce. We will publish the third quarter reading then.
How the index is built
The WCCPI is a repeat sales index built on the same framework as the S&P Cotality Case-Shiller home price indices, drawing on more than 3,050 MLS transactions and more than 1,425 same unit repeat sale pairs over 26 years, with a base of 2000 Q1 equals 100. The full history is estimated again each quarter as new sale pairs enter the dataset, which is why each update carries revisions to prior periods. The complete quarterly series and the benchmark comparisons live on the Wilshire Corridor Condo Price Index page.
Frequently asked questions
How much did Wilshire Corridor condo prices change in the year ended June 30, 2026?
The Wilshire Corridor Condo Price Index rose 7.06 percent over the year ended June 30, 2026, outpacing the Case-Shiller LA All Homes Index at 0.48 percent, the Case-Shiller LA Condo Index at negative 2.17 percent, and the Zillow LA City Condo index at negative 4.26 percent.
What was the quarterly change for the second quarter of 2026?
The index rose 12.58 percent for the quarter ended June 30, 2026, moving from 224.31 to 252.54. Because the corridor is a small market measured by repeat sales, single quarter moves are volatile, so the annual figure is the more reliable read.
Did every part of the corridor rise?
No. The corridor's full service Tier 1 buildings eased 3.01 percent for the quarter and gained 2.77 percent year over year, while the rest of the corridor drove the overall gain.
How often is the index updated?
Quarterly. The full history is re estimated each quarter as new same unit repeat sale pairs enter the dataset, and the benchmark series are refreshed at the same time. The next reading, for the third quarter of 2026, publishes in October.
Considering a move on the Wilshire Corridor?
The index is the starting point, not the whole story. For a read on a specific building or unit, you can reach Tom Levine directly. Explore the full data on the WCCPI index page, the building directory, and HOA dues by building.