Market Update Fourth Quarter 2016
Market Update
Greater Los Angeles Market Update 4th Quarter 2016
Market Highlights
Below are a few highlights year-over-year for the Greater Los Angeles 3-month period ending December 2016.  
  • Impressively, the average sold price is up 47% in Bel-Air / Holmby Hills, Pacific Palisades is up 40%, and Venice is up 7%.
  • Total homes sold, priced over $3,000,000, in Beverly Hills have seen a 33% increase year-over-year.
  • The average selling price for condos in Brentwood is up 12%, and the average sold price per square foot is up 4%.
  • Average sales prices for condos in the Sunset / Hollywood Hills area has increased 25%, and the average sold price per square foot has increased 14%.
 Compliments of NRT Sotheby's Admin  
Property Spotlight
Enjoy a selection of properties now available in the Hamptons.
Malibu "Serra Retreat"
Welcome to one of Malibu's most prestigious neighborhoods, the famed Serra Retreat,
a comfortably guard-gated community. 
Gorgeous Remodeled Home
Beautifully renovated Deep Canyon Estate set on a picturesque lot on desirable Wendover Drive. This 5,000± sq. ft. home is perfect with 4 bedrooms and 6 baths.
Topanga Canyon Dream Come True
Enjoy sumptuous sunsets from one of the finest sweeping view decks in the canyon; 4 bedrooms, 5 bathrooms, romantic wood and glass house.
Local Experts. Worldwide
Benefit from our research when considering the sale or purchase of residential real estate in other key markets.
NRT Sotheby's Admin

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