May 2024
Los Angeles’s Luxury Home Prices Surged to Start the Year

Despite a quarterly increase, the $13.85 million median price for a single-family home was down 10.5% compared to a year ago

The report of the Quarter .1 reveals that luxury home prices in Los Angeles experienced a scorching quarter, yet they're still lagging behind last year's figures. In the first quarter of this year, the median price of a luxury single-family home in L.A., representing the top 10% of the market, surged to $13.85 million, marking a substantial 17.4% uptick from the previous quarter.

However, despite this impressive surge, the median price remains 10.5% lower compared to the same period in 2023. This nuanced trend underscores the dynamic nature of the luxury housing market in Los Angeles, where prices continue to fluctuate amidst changing economic conditions and buyer preferences.


Uncover the latest trends, showcase remarkable properties, and share valuable perspectives on the luxury housing market of Los Angeles. Whether you're an investor, buyer, or simply captivated by the allure of luxury real estate, our newsletter is your ultimate resource for navigating this prestigious market with confidence and insight..

Happy to share any properties that are offered actively on the market or off market properties with you.

Just give me a call, text or email.
Give me a call 📲 310.801.6033
Tanya S.
S N A P S H O T - M A R K E T T R E N D
B E V E R L Y H I L L S
The Newest Properties
Houses For Sale

722 N Camden Drive, Beverly Hills

7
Bedrooms 		10
Bathrooms 		11,446
Sq Ft.

$23,950,000

Request A Private Showing

534 Chalette Drive, Beverly Hills

6
Bedrooms 		7
Bathrooms 		6,231
Sq Ft.

$18,995,000

Request A Private Showing

2620 Wallingford Drive, Beverly Hills

8
Bedrooms 		12
Bathrooms 		9,749
Sq Ft.

$20,995,000

Request A Private Showing

9419 Sunset Boulevard, Beverly Hills

5
Bedrooms 		4
Bathrooms 		8,040
Sq Ft.

$12,995,000

Request A Private Showing
Condos For Sale

9200 Wilshire Boulevard, 302W, Beverly Hills

3
Bedrooms 		4
Bathrooms 		3,033
Sq Ft.

$7,840,000

Request A Private Showing

300 N SWALL Drive, Unit 105, Beverly Hills

2
Bedrooms 		3
Bathrooms 		2,850
Sq Ft.

$3,295,000

Request A Private Showing

325 N Oakhurst Drive, PH3, Beverly Hills

2
Bedrooms 		3
Bathrooms 		3,233
Sq Ft.

$3,400,000

Request A Private Showing

433 N Doheny Drive, Unit 302, Beverly Hills

3
Bedrooms 		3
Bathrooms 		2,120
Sq Ft.

$1,980,000

Request A Private Showing
S N A P S H O T - L A T E S T S I G N I F I C A N T S A L E S
S P O T L I G H T
Prime Los Angeles Neighborhoods
📍 Trousdale Estate - Beverly Hills, Los Angeles

Trousdale Estates is a neighborhood of Beverly Hills, California, located in the foothills of the Santa Monica mountains. It was developed in the 1950s and 1960s and is named after Paul Trousdale, a real estate developer.

As of September 2019, the average sale price of a home in Trousdale Estates was over $11 million, it is one of the 12 most expensive neighborhoods in the USA.

Celebrity residents have included Elvis Presley, Frank Sinatra, Dean Martin, Tony Curtis, Ray Charles, Howard Hughes, and Groucho Marx.


The median list price for homes in the community is $2,650,000 and the average square footage of available properties is just over 4,000 square feet. The community also has an active foreclosure market with 12% of all listings as foreclosures or short sales.

A majority of the homes in this neighborhood were built between 1950 and 1979, with a range of architectural styles that include the Mediterranean, mid-century modern, ranch, and traditional.
Searching for an exciting plan in May in Beverly Hills?
Searching for an exciting plan in May in Los Angeles?
This California Vineyard Estate Owned by a Former Super Bowl Champ Can Be Yours for $7 Million
Terry Hoage and his wife Jennifer purchased the 26-acre property within the Paso Robles wine region back in 2002, and then spent 20 years producing Rhône varietals and Pinot Noir.
In L.A., thousands of newer apartments have rent caps. Tenants don't always know.
Newly built apartments generally aren't rent controlled, but in the city of Los Angeles, thousands are. Find out if you live in one.
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Sotheby's International Realty
9665 Wilshire Blvd Ste 400 Beverly Hills CA 90212
© 2024 Sotheby’s International Realty. All Rights Reserved. Sotheby’s International Realty® is a registered trademark and used with permission. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. All offerings are subject to errors, omissions, changes including price or withdrawal without notice. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Equal Housing Opportunity.

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