LA Market Update | January 2016
MARKET UPDATE
Los Angeles | January 2016
 
Market Highlights
 
In the 3-month period ending January 2016,  prices for single-family homes in these noted luxury communities were on the rise compared to the same period the last year:
  • Average sale price in Malibu Beach: $10,963,500 - a 56% gain (or approx. $4,606,500)
  • Average sale price in Malibu: $3,871,238 - a 47% gain (or approx. $1,207,190)
  • Average sale price in Bel Air - Holmby Hills: $6,184,713 - a 33% gain (or approx. $1,877,062)
 
 
 
 Compliments of Ryan Grossman  
 
 
 
 
Property Spotlight
 
Enjoy a selection of properties now available in Greater Los Angeles.
 
 
Beverly Hills: Elegant Home in Benedict Canyon
 
This Villa style 5-bedroom, 7.5-bath home has it all. Wonderful curb appeal with traditional details in every room. Custom built-ins, crown molding, 5 fireplaces, and designer lighting.
 
 
Malibu: Ocean Views Minutes from PCH
 
Spectacular single-story contemporary Malibu home for the discerning buyer. The current owner did an extensive remodeled to the home with the highest quality finishes and custom work throughout.
 
Los Feliz: Royal Spanish Hacienda
 
First time on the market in more than 50 years with amazing courtyard and 320-degree views from Downtown to Century City to the sparkling Pacific Ocean.
 
 
 
 
 
Local Experts. Worldwide
 
Benefit from our research when considering the sale or purchase of residential real estate in other key markets.
 
Ryan Grossman
Global Real Estate Advisors
DRE #01955835
+1 310.401.4644
ryan.grossman@sothebyshomes.com.deactivated
Sotheby's Sunset Strip
9255 Sunset Boulevard
Mezzanine
West Hollywood, CA 90403
+1 310.739.7679
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