Christophe Choo Beverly Hills & Los Angeles Westside Luxury Real Estate Market Update for 1st quarter 2018
2018 : $10,000,000 + so far 41 vs 51 down 23%
2017 : $10,000,000 + so far 185 up 15% 393% increase in 9 years
2016: ~ $10,000,000 + Sales ~ 160
2015: ~ $10,000,000 + Sales ~ 140
2014: ~ $10,000,000 + Sales ~ 131
2013: ~ $10,000,000 + Sales ~ 95
2012: ~ $10,000,000 + Sales ~ 92
2011: ~ $10,000,000 + Sales ~ 56
2010: ~ 10,000,000 + Sales ~ 68
2009: ~ $10,000,000 + Sales ~ 39
2008: ~ $10,000,000 + Sales ~ 47
Luxury home sales for all of 2018 vs 2017
$5 m+ 146 in 2018 versus 151 in 2017 - Down 4%
$10m+ 41 in 2018 versus 51 in 2017 - Down 20% 22 pending
$20m+ 15 in 2018 versus 19 in 2017 - Down 21% 10 pending
$30m+ 7 in 2018 versus 9 in 2017 - Down 22%
$40m+ 2 in 2018 vs 3 in 2017 - Down 34%
HH $77.5M Morton MB $110m
House in Malibu on PCH Sold for $85 million
Of the 15 $20 M+ Sales where are they?
2- MB 1 - BA 1 Brentwood
$20m+ sales 51 total sales– who is buying?
73% American
11 American, 1 Canada, 1 Japan, 1 Mexico, 1 Monaco
Areas:
Hancock Park
Sunset Strip
Los Feliz
Beverly Hills
BHPO
Westwood
Hollywood Hills
Bel Air
Brentwood
Santa Monica
Pacific Palisades
Malibu
Christophe Choo is a Realtor with 29 years experience as the President & Broker for the Christophe Choo Real Estate Group at Coldwell Banker Global Luxury in Beverly Hills. The Coldwell Banker office is #1 in the United States for 23 years and is the most comprehensive source for luxury real estate listings, from estate homes to luxury condominiums, incredible tear down opportunities and investment properties. Based in beautiful Beverly Hills, California 90210, 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: [email protected]
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