State of the Real Estate Market Los Angeles - December 5, 2020
The Deal with Danny Brown · Danny Brown
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The luxury market of homes over $5M have out paced the amount of closed sales over $5M in 2019 by 23%. On a year over year basis there are more sales in 2020 over $5M, $10M, $20M and $30M. The majority of these sales took place in the second half of 2020 as the luxury markets froze for a few months when Covid and shelter in place took hold. There were 50 sales over $20M so far this year and 40 of the buyers were Americans. Out of the 10 international sales 2 buyers we're from Taiwan and 1 from China.