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Luxury Homes Sales in Beverly Hills & LA DOUBLE in 2021 vs 2020 – Christophe Choo Coldwell Banker

Luxury Homes Sales in Beverly Hills & LA DOUBLE in 2021 vs 2020 – Christophe Choo Coldwell Banker

By AgentImage Posted Sep 17, 2021 Latest Updates

Luxury Homes Sales in Beverly Hills & LA DOUBLE in 2021 vs 2020 – Christophe Choo Coldwell Banker Global Luxury Real Estate in Beverly Hills.

Los Angeles Westside, Market Update for September 2021

2021 review versus 2020
747 sales over $5 million compared to 725 in all of 2020
248 sales over $10 million compared to 219 in all of 2020

$40,000,000 + 11 in 2021 vs 6 in 2020 Up 83%
$30,000,000 + 20 in 2021 vs 12 in 2020 Up 67% 7 pending
$20,000,000 + 65 in 2021 vs 37 in 2020 Up 76%
$10,000,000 + 248 in 2021 vs 130 in 2020 Up 91% 43 pending
$5,000,000 + 747 in 2021 vs 412 in 2020 Up 81% 108 pending

65 Sales over $20 million
23 of 65 were not listed on the market. 35% of luxury homes are selling off-market.

Profile of where the luxury buyers in Beverly Hills & LA are coming from:

51 Americans 78%
14 Foreign buyers:
2 Danish
1 Saudi
1 Canadian
1 Chinese
1 Indonesian
8 unknown

Where are the sales for luxury over $20 MILLION?
17 Bel Air
12 Beverly Hills
5 Bel Air
17 Malibu
6 Sunset Strip
6 Holmby hills
5 BHPO – Beverly Hills Post Office
4 Brentwood
6 Pacific Palisades
1 Santa Monica
1 Westwood

Christophe Choo is in the top 1% of brokers internationally with 32 years of experience as the President of the Christophe Choo Real Estate Group at Coldwell Banker Global Luxury in Beverly Hills. The #1 producing office in the United States for 24 years and the most comprehensive source for luxury real estate listings, from estate homes to luxury condominiums, incredible tear-down opportunities, and investment properties. Christophe was voted as the #1 Real Estate Video Influencer for North America in 2018.

Based in Beverly Hills, California, The Christophe Choo Real Estate Group provides exclusive luxury homes for sale on a local, global and international stage. Hence the tagline: “Locally Known – Globally Connected”.

Search for luxury properties in your area, whether in the “Platinum Triangle” areas of the Westside of Los Angeles of Beverly Hills, Holmby Hills, and Bel-Air or in The Sunset Strip, Hollywood Hills, Brentwood, Westwood, the Wilshire Corridor, Century City, Pacific Palisades, Santa Monica, Malibu, Venice, Marina Del Rey, Cheviot Hills, Hancock Park, Los Feliz and the key Westside areas of Los Angeles, the Christophe Choo is the luxury Realtor that can help you achieve your selling or buying goals in Los Angeles.

Call or email me today! Christophe Choo 310.777.6342
The Christophe Choo Real Estate Group
Coldwell Banker Global Luxury
Beverly Hills Realtor | Luxury Real Estate Agent
Email: Christophe(at)ChristopheChoo(dotted)com



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