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Beverly Hills & Los Angeles Westside, Luxury Real Estate Market Update Thru the end of October 2022

Beverly Hills & Los Angeles Westside, Luxury Real Estate Market Update Thru the end of October 2022

By Christophe Choo Posted Nov 03, 2022 Beverly Hills, Latest Updates, Market Activity, Real Estate News, What I'm Reading

Beverly Hills & Los Angeles Westside, Luxury Real Estate Market Update Thru the end of October 2022 | Christophe Choo at Coldwell Banker Global Luxury is Your Local Real Estate Expert

$40,000,000 + 21 in 2022 vs 15 in 2021 UP 40%
$30,000,000 + 38 in 2022 vs 26 in 2021 UP 46%
$20,000,000 + 80 in 2022 vs 86 in 2021 down 7%
$10,000,000 + 282 in 2022 vs 290 in 2021 down 3%
$5,000,000 + 829 in 2022 vs 975 in 2021 down 15%

64 Pending sales of $5 plus million in 2022 vs 128 in 2021
25 - $10 million+ pending in 2022 vs in 2021 43
7 - $20 million+ pending 2022
6 - $30 million+

80 Sales over $20 million
17 in Malibu
15 in Beverly Hills
14 in Bel Air
12 in BHPO
11 in Pacific Palisades
4 in Brentwood
3 in Holmby Hills
2 in Hancock Park
2 in Sunset Strip

Homes sold over $10 million the last 13 years.
2021: $10,000,000 + 395 up 605% increase in 10 years.
2020: $10,000,000 + 219
2019: $10,000,000 + 162
2018: $10,000,000 + 160
2017: $10,000,000 + 185
2016: $10,000,000 + 160
2015: $10,000,000 + 140
2014: $10,000,000 + 131
2013: $10,000,000 + 95
2012: $10,000,000 + 92
2011: $10,000,000 + 56
2010: $10,000,000 + 68
2009: $10,000,000 + 39
2008: $10,000,000 + 47

Call Christophe Choo at (310) 777-6342 to tour your future home "HERE" or click "HERE" to estimate your home value

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