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    October 2009 LA Luxury Real Estate Market Report...

    November 18, 2009

    Bel Air has 2 record sales at over $10 Million each for the month of October 2009...

    View ALL Home Sales for October 2009 in Beverly Hills, Bel Air, Malibu and Hancock Park....click "Continued Reading" below to view complete detailed list...Beverly Hills Single Family Home Sales
    October 2009
    Total Sold Dollar Volume: $ 48,628,000
    Average Selling Price: $ 3,473,428
    Average List Price: $ 3,825,714
    Avg Sales Price/Avg. List Price: 90.8%
    Median Price: $ 3,150,000
    Average Days on Market: 92
    Number of Listings Sold: 14
     Sold Listings:
    1. 141 S LA PEER DR $ 1,182,000
    2. 446 S CAMDEN DR $ 1,630,000
    3. 488 HILLGREEN DR $ 1,680,000
    4. 261 S SWALL DR $ 1,800,000
    5. 515 N ALPINE DR $ 2,800,000
    6. 515 N ALTA DR $ 2,870,000
    7. 625 N ELM DR $ 3,150,000
    8. 625 N ELM DR $ 3,150,000
    9. 504 N HILLCREST RD $ 3,190,000
    10. 602 N BEDFORD DR $ 3,226,000
    11. 705 N REXFORD DR $ 4,100,000
    12. 631 N CRESCENT DR $ 6,500,000
    13. 631 N CRESCENT DR $ 6,500,000
    14. 620 WALDEN DR $ 6,850,000
    Beverly Hills Post Office Single Family Home Sales
    October 2009
    Total Sold Dollar Volume: $ 12,794,412
    Average Selling Price: $ 1,599,301
    Average List Price: $ 1,780,225
    Avg Sales Price/Avg. List Price: 89.8%
    Median Price: $ 1,393,381
    Average Days on Market: 86
    Number of Listings Sold: 8
     Sold Listings:
    1. 2250 BOWMONT DR $ 900,000
    2. 1821 BENEDICT CANYON DR $ 911,650
    3. 9545 DALEGROVE DR $ 1,240,000
    4. 9545 DALEGROVE DR $ 1,240,000
    5. 2054 COLDWATER CANYON DR $ 1,546,762
    6. 9140 HAZEN DR $ 2,278,000
    7. 9140 HAZEN DR $ 2,278,000
    8. 1642 LINDACREST DR $ 2,400,000
    Bel Air - Holmby Hills Single Family Home Sales
    October 2009
    Total Sold Dollar Volume: $ 71,254,500
    Average Selling Price: $ 3,393,071
    Average List Price: $ 3,978,119
    Avg Sales Price/Avg. List Price: 85.3%
    Median Price: $ 1,200,000
    Average Days on Market: 121
    Number of Listings Sold: 21
     Sold Listings:
    1. 10511 SELKIRK LN $ 710,000
    2. 919 N BEVERLY GLEN $ 710,000
    3. 1505 ROSCOMARE RD $ 830,000
    4. 818 N BEVERLY GLEN BLVD $ 875,000
    5. 10315 OLETHA LN $ 920,000
    6. 1305 CASIANO RD $ 931,000
    7. 2851 ANGELO DR $ 987,500
    8. 10429 SUMMER HOLLY CIR $ 1,010,000
    9. 1065 ACANTO PL $ 1,050,000
    10. 1010 MONTEGO DR $ 1,181,000
    11. 2224 LINDA FLORA DR $ 1,200,000
    12. 2349 BROOKSHIRE LN $ 1,450,000
    13. 2360 ROSCOMARE RD $ 1,900,000
    14. 850 STONE CANYON RD $ 2,100,000
    15. 1047 MORAGA DR $ 2,400,000
    16. 1125 LINDA FLORA DR $ 3,500,000
    17. 10501 Charing Cross RD $ 4,700,000
    18. 271 S MAPLETON DR $ 7,500,000
    19. 960 BEL AIR RD $ 10,900,000
    20. 219 S MAPLETON DR $ 13,200,000
    21. 219 S MAPLETON DR $ 13,200,000
    Malibu Beach Single Family Home Sales
    October 2009
    Total Sold Dollar Volume: $ 17,135,000
    Average Selling Price: $ 5,711,666
    Average List Price: $ 6,563,333
    Avg Sales Price/Avg. List Price: 87.0%
    Median Price: $ 4,700,000
    Average Days on Market: 152
    Number of Listings Sold: 3
     Sold Listings:
    1. 19260 PACIFIC COAST HWY $ 2,135,000
    2. 7271 BIRDVIEW AVE $ 4,700,000
    Malibu Single Family Home Sales
    October 2009
    Total Sold Dollar Volume: $ 19,411,190
    Average Selling Price: $ 1,764,653
    Average List Price: $ 1,987,181
    Avg Sales Price/Avg. List Price: 88.8%
    Median Price: $ 2,040,000
    Average Days on Market: 165
    Number of Listings Sold: 11
     Sold Listings:
    1. 29500 Heathercliff #258 $ 285,000
    2. 2847 SEARIDGE ST $ 605,000
    3. 3707 OCEANHILL WAY $ 1,212,500
    4. 29607 W Hidden Park DR $ 1,665,000
    5. 6722 FERNHILL DR $ 1,748,690
    6. 4789 LATIGO CANYON RD $ 2,040,000
    7. 32915 CALLE DE LA BURRITA $ 2,075,000
    8. 28802 TEAL TER $ 2,200,000
    9. 5353 HORIZON DR $ 2,430,000
    10. 21570 RAMBLA VISTA $ 2,500,000
    11. 29670 HARVESTER RD $ 2,650,000
    Sunset Strip - Hollywood Hills West Single Family Home Sales
    October 2009
    Total Sold Dollar Volume: $ 47,823,500
    Average Selling Price: $ 1,449,196
    Average List Price: $ 1,547,728
    Avg Sales Price/Avg. List Price: 93.6%
    Median Price: $ 1,150,000
    Average Days on Market: 89
    Number of Listings Sold: 33
     Sold Listings:
    1. 2361 STANLEY HILLS DR $ 380,000
    2. 8605 LOOKOUT MOUNTAIN AVE $ 410,000
    3. 2260 LAUREL CANYON BLVD $ 561,000
    4. 2425 LAUREL PASS AVE $ 565,000
    5. 1784 N ORANGE GROVE AVE $ 570,000
    6. 3160 CADET CT $ 690,000
    7. 8337 GRAND VIEW DR $ 725,000
    8. 1444 N GENESEE AVE $ 850,000
    9. 1826 LAUREL CANYON BLVD $ 870,000
    10. 1637 N GARDNER ST $ 915,000
    11. 8451 CARLTON WAY $ 950,000
    12. 2605 LAUREL PASS AVE $ 950,000
    13. 7765 SKYHILL DR $ 995,000
    14. 6672 WHITLEY TER $ 995,000
    15. 7615 JALMIA PL $ 1,112,500
    16. 2039 N CURSON AVE $ 1,140,000
    17. 2706 LA CUESTA DR $ 1,150,000
    18. 2767 LA CUESTA DR $ 1,200,000
    19. 1725 N ORANGE GROVE AVE $ 1,308,000
    20. 1997 GLENCOE WAY $ 1,325,000
    21. 2140 BEECH KNOLL RD $ 1,440,000
    22. 7987 WOODROW WILSON DR $ 1,525,000
    23. 2853 NICHOLS CANYON PL $ 1,600,000
    24. 2812 LAS ALTURAS ST $ 1,662,000
    25. 1757 N VISTA ST $ 1,690,000
    26. 2663 DESMOND ESTATES RD $ 1,760,000
    27. 1743 N STANLEY AVE $ 1,895,000
    28. 2235 HERCULES DR $ 1,950,000
    29. 1822 N MARCHEETA PL $ 2,425,000
    30. 2739 NICHOLS CANYON RD $ 2,750,000
    31. 8400 Grand View DR $ 3,370,000
    32. 1485 N DOHENY DR $ 3,595,000
    33. 1899 RISING GLEN RD $ 4,500,000
    Hancock Park-Wilshire Single Family Home Sales
    October 2009
    Total Sold Dollar Volume: $ 21,607,250
    Average Selling Price: $ 1,200,402
    Average List Price: $ 1,294,955
    Avg Sales Price/Avg. List Price: 92.7%
    Median Price: $ 1,025,250
    Average Days on Market: 88
    Number of Listings Sold: 18
     Sold Listings:
    1. 745 CRENSHAW $ 540,000
    2. 934 WESTCHESTER PL $ 618,000
    3. 895 CRENSHAW BLVD $ 720,000
    4. 910 WESTCHESTER PL $ 737,500
    5. 1101 S GRAMERCY DR $ 800,000
    6. 301 N ARDEN $ 810,000
    7. 327 N GOWER ST $ 873,000
    8. 609 S CITRUS AVE $ 925,000
    9. 633 S HIGHLAND AVE $ 1,000,500
    10. 525 N HIGHLAND AVE $ 1,050,000
    11. 435 N ARDEN $ 1,169,000
    12. 302 S IRVING $ 1,219,250
    13. 233 S NORTON AVE $ 1,560,000
    14. 135 N BEACHWOOD DR $ 1,560,000
    15. 101 N PLYMOUTH $ 1,750,000
    16. 257 S CITRUS AVE $ 1,800,000
    17. 717 N LAS PALMAS AVE $ 1,850,000
    18. 636 S HUDSON AVE $ 2,625,000

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