Global Luxury Real Estate Market Update 2021 VS 2020 Christophe Choo Beverly Hills & Los Angeles

http://youtu.be/gByHMrK7Yu4

Los Angeles Westside, Market Update for December 2021
2021 review versus 2020 BEST YEAR EVER
1,319 sales closed over $5 million this year compared to 725 in 2020 +80%
395 sales over $10 million compared to 219 in 2020 +80%

$40,000,000 + 21 in 2021 vs 8 in 2020 Up 163%
$30,000,000 + 33 in 2021 vs 19 in 2020 Up 74%
$20,000,000 + 101 in 2021 vs 61 in 2020 Up 60% All large lots
$10,000,000 + 395 in 2021 vs 219 in 2020 Up 80%
$5,000,000 + 1,319 in 2021 vs 725 in 2020 Up 80%

101 Sales over $20 million
38 of 101 were not listed on the market. 38%
70 Americans 61%
14 Foreign buyers:
2 Danish
1 Saudi
1 Canadian
3 Chinese
2 Indonesian
1 Australia
1 Indi
1 Afghanistan
1 South Africa
25 unknown

101 Sales over $20 MILLION
10 Bel Air
26 Beverly Hills
5 Bel Air
23 Malibu
6 Sunset Strip
6 Holmby hills
6 BHPO
12 Brentwood
6 Pacific Palisades
1 Santa Monica
1 Century City

SIGNIFICANT SALES:

I thought you would find it interesting to hear about the highest sales of the year….

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