2015 was a record breaking year in luxury real estate sales across the globe and in Los Angeles.
The highest sales by neighborhood:
• Malibu27834/27852 Pacific Coast Highway$60,000,000
• Beverly Hills1210 Benedict Canyon$47,851,500
• Holmby Hills384 Delfern Drive$59,355,550
• Bel Air616 Nimes Road$46,250,000
• Beverly Hills PO 9904 Kip Drive$32,670,000
• Sunset Strip9161 Oriole Way$32,000,000
• Santa Monica609 East Channel Road$23,000,000
• Westwood1 Century Drive PH #39$22,500,000
• Palisades 1 Corona Del Mar $22,000,000
• Brentwood491 Tigertail$21,500,000
• Hancock Park611 S. Muirfield Road$15,947,000
2015 versus 2014
The majority of sales were in Beverly Hills, THE global brand name in luxury!
• 457 properties sold for $5MM + versus 442
• 133 properties sold for $10MM+ versus 125
• 37 properties sold for $20MM+ verses 30.
• 15 properties sold for $30MM+ versus 12
Buyers profile of $20MM+ properties in Los Angeles:
• 73% American
• 11% Chinese
• 16% spread throughout several countries
Amazing!