The Los Angeles luxury real estate markets, including Beverly Hills, Bel Air, and Holmby Hills have had a sharp rise in recent sales in the mega luxury category.

  Properties above $10 million did better in the final quarter of 2010 and beginning of 2011 than at any time in the last two years, reported Greg Moesser of Rodeo Realty, Beverly Hills. In 2010 we had over 30 sales in the mega luxury category. The trend has continued, in ...