Beverly Hills & Los Angeles Luxury Real Estate Market Update – Real Estate News

Beverly Hills & Los Angeles Luxury Real Estate Market Update – Real Estate News

Beverly Hills & Los Angeles Luxury Real Estate Market Update – Real Estate News – Christophe Choo

Los Angeles Westside, Market Update for July 2020

Mid year review 2020 versus 2019

$40,000,000 + 5 in 2020 vs 3 in 2018 Up 67%

$30,000,000 + 9 in 2020 vs 8 in 2019 Up 12%

$20,000,000 + 19 in 2020 vs 16 in 2019 Up 19% (3 pending)

$10,000,000 + 70 in 2020 vs 67 in 2019 Up 4% (19 pending)

$5,000,000 + 219 in 2020 vs 246 in 2019 Down 11% (76 pending)

19 Sales over $20 million 6 of 19 were not listed on the market.

31% 14 Americans 84% 3 Foreign buyers:

2 Taiwanese 1 Chinese

Sales over $20 MILLION 5 Bel Air 4 Beverly Hills 1 Malibu 2 Sunset Strip 1 Holmby hills 2 BHPO 2 Brentwood 2 Pacific Palisades

SIGNIFICANT SALES:

911 Foothill sold for $68 million Waserman Estate

145 North Mapleton Drive $36.5 million Kyle Jenner

1801 Angelo sold for $165 million to Jeff Bezos from David Geffen

10401 Bellagio Road Bel Air sold for $43.3 million.

Los Angeles Westside, Market Update for July 2020 Christophe Choo is in the top 1% of brokers internationally with 32 years experience as the President of the Christophe Choo Real Estate Group at Coldwell Banker Global Luxury in Beverly Hills. The #1 producing office in the United States for 24 years and the most comprehensive source for luxury real estate listings, from estate homes to luxury condominiums, incredible tear down opportunities and investment properties. Christophe was voted as the #1 Real Estate Video Influencer for North America in 2018. Based in Beverly Hills, California, The Christophe Choo Real Estate Group provides exclusive luxury homes for sale on a local, global and international stage. Hence the tagline: “Locally Known – Globally Connected”. Search for luxury properties in your area, whether in the “Platinum Triangle” areas of the Westside of Los Angeles of Beverly Hills, Holmby Hills and Bel Air or in The Sunset Strip, Hollywood Hills, Brentwood, Westwood, the Wilshire Corridor, Century City, Pacific Palisades, Santa Monica, Malibu, Venice, Marina Del Rey, Cheviot Hills, Hancock Park, Los Feliz and the key Westside areas of Los Angeles, the Christophe Choo is the luxury Realtor that can help you achieve your selling or buying goals in Los Angeles. Call or email me today! Christophe Choo 310-777-6342 The Christophe Choo Real Estate Group Coldwell Banker Global Luxury Beverly Hills Realtor | Luxury Real Estate Agent Email: [email protected]

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