Why Luxury Homes Moved Off-Market in Beverly Hills This Year

665 views · Published 19 December 2015 · 6:53 · Indexed 30 October 2026

Channel: Christophe Choo - Beverly Hills & LA Real Estate · 2015 · People & Blogs

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Los Angeles, Beverly Hills & Westside LA Real Estate Market Update - December 2015
The luxury real estate market in Los Angeles & Beverly Hills is stronger than ever.
Comparison home sales January 2015 through December 15, 2015 compared to  2014.
Sales comparison:
$5 m+ 457 in 2015 vs 442 in all of 2014 – 58 currently in escrow
$10m+ 133 in 2015 vs 125 in 2014 – 24 currently in escrow
$20m+ 37 in 2015 vs 30 in all of 2014 -24 currently in escrow
$30m+ 15 this year versus 12 all of last year.

$20M + breakdown
16 homes that sold were not in MLS - 45%
1 in Holmby Hills 
6 in Malibu
10 in the city of Beverly Hills 
6 in Bel Air 
6 in BHPO 
2 Sunset Strip 
2 in Brentwood 
1 Westwood 
1 Pacific Palisades 
1 Santa Monica

$20m+ sales – who’s buying? 
Out of 37 sales:
27 Americans - 4 Chinese nationals -1 Dutch
1 Canadian - 1 French -1 Russian -1 EU – 1UK

Notable sales:
Malibu: Highest sale: 27834/27852 PCH  $60M
Hancock Park: 611 S. Muirfield Rd. $15,947,000.
Sunset Strip: 9161 Oriole $32M
City of Beverly Hills 90210: 1210 Benedict Cyn. $47,851,500.
BHPO: 9904 Kip Dr. for $32,670,000.
Holmby Hills: 384 Delfern  $59,355,550.
Bel Air: 616 Nimes Road $46,250,000.
Westwood:  1 Century Dr. PH #39 for $22,500,000.
Brentwood: 491 Tigertail  $21.5 M
Santa Monica: 609 E. Channel Rd.  $23M
Pacific Palisades: 1 Corona Del Mar for $22M

Christophe Choo Luxury Real Estate Series - Beverly Hills & Los Angeles http://www.ChristopheChoo.com

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