How is the Luxury Real Estate Market in Beverly Hills and LA Westside August 2022

How is the Luxury Real Estate Market in Beverly Hills and LA Westside August 2022 - Christophe Choo with Coldwell Banker Global Luxury Real Estate in Beverly Hills & Los Angeles?

Los Angeles Westside, Market Update for August 2022

650 sales closed over $5 million this year compared to 675 in 2021 -3.7%

$100,000,000 two closed sales in 2022 2 in all of 2021

$40,000,000+ 17 in 2022 vs 10 in 2021 Up 70%

$30,000,000+ 27 in 2022 vs 17 in 2021 Up 58% 5 pending sales over $30 million

$20,000,000+ 59 in 2022 vs 57 in 2021 9 pending sales over $20 million - last year 12 at this time.

$10,000,000+ 221 in 2022 vs 221 in 2021 29 pending sales over $10 million - last year 49 at this time

$5,000,000 + 650 in 2022 vs 675 in 2021 Down 3.7%

80 pending sales over $5 million - last year 127 at this time.

59 Sales over $20 million

9 Beverly Hills
10 BHPO
12 Bel Air
11 Malibu
8 Pacific Palisades
2 Hancock Park
3 Brentwood
2 Sunset Strip
2 Holmby hills