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Beverly Hills & Los Angeles Westside Luxury Real Estate Market Update

Beverly Hills & Los Angeles Westside Luxury Real Estate Market Update

By Christophe Choo Posted May 02, 2017

http://youtu.be/wNXy8wtRzQU

Beverly Hills & Los Angeles Westside Luxury Real Estate Market Update

Comparison home sales year end of 2017 vs 2016
$5 m+ 148 in 2017 versus 149 in 2016 - down 3%
67 pending
$10m+ 52 in 2017 versus 44 in 2016 - up 18%
13 pending over $10m
$20m+ 19 in 2017 versus 5 in 2016 - up 380%
2 pending over $20m
$30m+ 9 in 2017 versus 0 in 2016 - up 900%
$40m+ 4 in 2017 vs 6 in 2016 down 34%

12 closed over $10 million in the last 30 days
21 pending over $10 m 1 over $20 million

$20m+ sales 19 sales– who is buying?
11 American, 4 Chinese, 1 indonesian, 1 UK 1 Scotland 1 unknown.
10 of 19 sold off market (interesting)
5-10M Gap

5 in BH - 3 BHPO 3 in BA - 1 in HH - 1 in SS - 3 in 5 in MB - 1 PP

Areas:
Hancock Park
Sunset Strip
Los Feliz
Beverly Hills
BHPO
Westwood
Hollywood Hills
Bel Air
Brentwood
Santa Monica
Pacific Palisades
12. Malibu

Christophe Choo Luxury Real Estate Series - Beverly Hills & Los Angeles http://www.ChristopheChoo.com

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