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 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
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