The Media Says the Real Estate Market is CRASHING – Christophe Choo Will Tell You the TRUTH!

The Media Says the Real Estate Market is CRASHING - Christophe Choo Will Tell You the TRUTH! | Christophe Choo at Coldwell Banker Global Luxury is Your Local Real Estate Expert

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

$40,000,000 + 21 in 2022 vs 15 in 2021 UP 40%

$30,000,000 + 38 in 2022 vs 26 in 2021 UP 46%

$20,000,000 + 80 in 2022 vs 86 in 2021 down 7%

$10,000,000 + 282 in 2022 vs 290 in 2021 down 3%

$5,000,000 + 829 in 2022 vs 975 in 2021 down 15%

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

25 - $10 million+ pending in 2022 vs in 2021 43

7 - $20 million+ pending 2022

6 - $30 million+

80 Sales over $20 million

17 in Malibu

15 in Beverly Hills

14 in Bel Air

12 in BHPO

11 in Pacific Palisades

4 in Brentwood

3 in Holmby Hills

2 in Hancock Park

2 in Sunset Strip

Homes sold over $10 million the last 13 years.

2021: $10,000,000 + 395 up 605% increase in 10 years.

2020: $10,000,000 + 219

2019: $10,000,000 + 162

2018: $10,000,000 + 160

2017: $10,000,000 + 185

2016: $10,000,000 + 160

2015: $10,000,000 + 140

2014: $10,000,000 + 131

2013: $10,000,000 + 95

2012: $10,000,000 + 92

2011: $10,000,000 + 56

2010: $10,000,000 + 68

2009: $10,000,000 + 39

2008: $10,000,000 + 47

Call Christophe Choo at (310) 777-6342 to tour your future home "HERE" or click "HERE" to estimate your home value