Luxury Sales Are UP in the Real Estate Market – November 2022

Luxury Sales Are UP in the Real Estate Market - November 2022 | Christophe Choo at Coldwell Banker Global Luxury is Your Local Real Estate Expert

Real Estate Market Update Beverly Hills & Los Angeles Westside, Luxury Real Estate Market Update Thru the end of November 2022

$40,000,000 + 23 in 2022 vs 16 in 2021 UP 44%

$30,000,000 + 40 in 2022 vs 28 in 2021 UP 43%

$20,000,000 + 86 in 2022 vs 90 in 2021 down 4%

$10,000,000 + 308 in 2022 vs 316 in 2021 down 2%

$5,000,000 + 893 in 2022 vs 1,072 in 2021 down 17%

All of LA sales prices down 3.1% compared to 2021

Sales volume down 34.14 % overall

46 Pending sales of $5 plus million in 2022 vs 128 in 2021

22 - $10 million+ pending in 2022 vs 43 in 2021

7 - $20 million+ pending 2022 vs 6 in 2021

6 - $30 million+ vs 1 in 2021

5 - $40 million+ vs none in 2021

86 Sales over $20 million

18 in Beverly Hills

17 in Malibu

15 in Bel Air

12 in BHPO

11 in Pacific Palisades

4 in Brentwood

4 in Holmby Hills

3 in Sunset Strip

2 in Hancock Park