2015 was a record breaking year in luxury real estate sales across the globe and in Los Angeles.
The highest sales by neighborhood:
• Malibu 27834/27852 Pacific Coast Highway $60,000,000
• Beverly Hills 1210 Benedict Canyon $47,851,500
• Holmby Hills 384 Delfern Drive $59,355,550
• Bel Air 616 Nimes Road $46,250,000
• Beverly Hills PO 9904 Kip Drive $32,670,000
• Sunset Strip 9161 Oriole Way $32,000,000
• Santa Monica 609 East Channel Road $23,000,000
• Westwood 1 Century Drive PH #39 $22,500,000
• Palisades 1 Corona Del Mar $22,000,000
• Brentwood 491 Tigertail $21,500,000
• Hancock Park 611 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!