Christophe Choo Coldwell Banker Global Luxury Real Estate Luxury Market update Beverly Hills & L.A.

Christophe Choo Coldwell Banker Global Luxury Real Estate - Luxury Market update for Beverly Hills & Los Angeles 3rd quarter 2018.
2018 : $10,000,000 + so far 129 vs 147 down 16%
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+ 469 in 2018 versus 504 in 2017 Down 7%
$10m+ 129 in 2018 versus 147 in 2017 - Down 16%
$20m+ 36 in 2018 versus 43 in 2017 - Down 16%
$30m+ 16 in 2018 versus 19 in 2017 - Down 16%
$40m+ 7 in 2018 vs 8 in 2017 (Down 13%)
Of the 36 $20 M+ Sales where are they?
9 in Malibu
10 in Beverly Hills
4 in Bel Air
4 in the Sunset Strip
2 in Beverly Hills Post Office
2 in Holmby Hills
2 in Pacific Palisades
3 in Brentwood
17 SOLD off market 47%
$20m+ sales 27 total sales so far in 2018 - who is buying?
78% American
29 American 81%, 1 Canada, 1 Japan, 1 Mexico, 1 Monaco 1 U.K. 1 eastern Europe, 1 Saudi Arabia, 1 China, 1 Australia
Of 21 sales - 8 were not in MLS - 38% SOLD off market.
Biggest sale: Beckham House for $33,100,000 13,149 sq. ft. 1.28 acres.
Christophe Choo is in the top 1% of Realtors internationally with 30 years experience as the President & Broker for the Christophe Choo Real Estate Group at Coldwell Banker Global Luxury in Beverly Hills. The #1 Coldwell Banker Real Estate 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: [e-mail]
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Coldwell Banker Residential Brokerage
Coldwell Banker Global Luxury Real Estate
Areas:
Hancock Park
Sunset Strip
Los Feliz
Beverly Hills
BHPO
Westwood
Hollywood Hills
Bel Air
Brentwood
Santa Monica
Pacific Palisades
Malibu