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Is the Real Estate 🏡 Market Crashing? | Christophe Choo at Coldwell Banker Global Luxury is Your Local Real Estate Expert

Is the Real Estate 🏡 Market Crashing? | Christophe Choo at Coldwell Banker Global Luxury is Your Local Real Estate Expert

By Christophe Choo Posted Jul 21, 2022 Beverly Hills, Latest Updates, Market Activity, Real Estate Articles, Real Estate News

Is the Real Estate 🏡 Market Crashing? | Christophe Choo at Coldwell Banker Global Luxury is Your Local Real Estate Expert

Are we in a bubble?

NOT according to the FACTS in our Beverly Hills and LA Westside luxury home sales.

Los Angeles Westside and Beverly Hills, Market Update for June 2022

573 sales closed over $5 million this year compared to 571 in 2021

194 sales over $10 million compared to 181 in 2021 +7%

$40,000,000 + 15 in 2022 vs 9 in 2021 Up 67%

$30,000,000 + 24 in 2022 vs 12 in 2021 Up 100%

5 pending sales over $30 million

$20,000,000 + 54 in 2022 vs 45 in 2021 Up 20%

7 pending sales over $20 million

$10,000,000 + 194 in 2022 vs 181 in 2021 Up 7%

25 pending sales 0ver $10 million

$5,000,000 + 573 in 2022 vs 571 in 2021 Up 5%

73 pending sales over $5 million

 

54 Sales over $20 million 

8 Beverly Hills

11 BHPO

11 Bel Air

10 Malibu

8 Pacific Palisades

2 Hancock Park

2 Brentwood

1 Sunset Strip

1 Holmby Hills

#realestate #housingcrash #realestatemarket #realtor #marketupdate #housing

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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