Beverly Hills Single Family Home Sales February 2010 ...

Greg Moesser of Beverly Hills, LAClassicEstates.com, attended the MIPIM conference in Cannes, France, held March 16-19, 2010. Below is a conference quick review.

DEALS ANNOUNCED

There were encouraging signs of activity with a number of mergers and acquisitions among the MIPIM real

estate community as well as property transactions announced.

While

BNP Paribas Real Estate revealed its further international expansion in Poland, Switzerland, it was confirmed that international property consultant CBRE had agreed terms to take overM3.

Colliers

...

 

Beverly Hills Single Family Home Sales March 2010 Total Sold Dollar Volume: $ 20,330,000 Average Selling Price: $ 2,541,250 Average List Price: $ 2,676,750 Avg Sales Price/Avg. List Price: 94.9% Median Price: $ 1,987,500 Average Days on Market: 158 Number of Listings Sold: 8

 Sold Listings:

1. 453 S WETHERLY DR $ 1,060,000 2. 127 S WILLAMAN DR $ 1,130,000 3. 471 S RODEO DR $ 1,800,000 4. 1296 MONTE CIELO DR $ 1,875,000 5. 1802 ANGELO DR $ 2,100,000 6. 325 S CAMDEN DR $ 2,415,000 7. 418 S ELM DR $ 2,600,000 8. 1170 LOMA LINDA DR $ 7,350,000 Beverly Hills Post Office Single Family Home Sales March 2010 Total Sold Dollar Volume: $ 59,325,250 Average Selling Price: $ 6,591,694 Average List ...

STATE OF THE MARKET

By Greg Moesser, ACA Vice President, Private Estates Division.  Rodeo Realty, Beverly Hills   The luxury (over $2 Million) Westside—Triangle communities of Beverly Hills, Beverly Hills Post Office, Bel Air and Hancock Park showed dramatic signs of activity during the first quarter of 2010. A significant factor is that sellers have become much more realistic about value in the last year. The increased demand, in turn, has demonstrated a greater perceived value resulting in stronger buyer confidence.   The ...