🌟 October 2023 Westside Los Angeles Luxury Market Update 🏡: Dive into the latest trends in LA's luxury real estate! Covering areas like Beverly Hills, Bel Air, Malibu, and more, we're seeing some interesting shifts. 📉
🔹 Luxury Sales Down: In the $5M+ category, sales dropped by 33%, and in the $10M+ range, by 38%. 📊
🔹 Beverly Hills Leads: With 8 sales in the $40M+ range, though down by 62% compared to last year. 💰
🔹 Malibu on Fire: The hottest market, with a record $200M sale to Jay-Z and Beyonce! 🔥
🔹 Price Trends: After a mid-2022 dip, prices are climbing again, with modest gains across the board. 📈
🔹 Hot Under $5M Market: Despite high rates, this segment remains active in LA. 🏘️
Stay informed with Christophe Choo's insights into the Beverly Hills and LA Westside luxury markets.
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