Luxury sales report 2013

Sales Report

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Sales Report Luxury Market Sales

Five to ten million Dollar Sales There has been an incredible amount of energy in the field of the luxury real estate market. We tracked sales starting back from 2007; the results express that statement in its entirety. First exploring sales within the 5-10 million dollar range: In 2007 there was an impressive 262 properties sold, this was followed by the recession of 2008 with a total of 158 properties sold. In 2009 the sales reports decreased once again to 144 properties sold.

As we entered into 2010, more confidence began in the real estate market was gained with a total of 191 properties sold. The strength continued into 2011 and 2012 with 201 properties in 2011, and 361 sold properties in 2012. In 2013 there were 369 luxury home sales.

Ten plus million Dollar Sales The 10 million dollar plus market sales were tracked as well. In 2007, there were a total of 71 closed sales. There was a significant drop in sales in 2008 with a total of 47 sales, followed by another decline in sales for 2009, 39 sales. There were 68 reported sales of 2010, and 56 sales of 2011. The year 2012 had a total of 91 homes sold. In 2013 there were a total of 95 luxury home sales.

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January-April 2013 JANUARY Area

Property Address

Sales Price

House Size

Lot Size

$9,550,000 $24,500,000 $14,700,000

$17,000,000 $74,500,000 $10,025,000 $23,000,000 $12,250,000

1.66 7.13 0.86 2.05 0.39

01/02/13 01/04/13 01/18/13 01/24/13 01/23/13

$47,500,000 $22,500,000 $14,995,000 $11,700,000 $11,995,000 $19,950,000

$42,500,000 $17,000,000 $14,750,000 $11,700,000 $11,400,000 $17,500,000

11,810 5,919 11,213 6,500 6,410 10,528

4.36 0.23 1.20 0.33 0.64 1.84

02/01/13 02/14/13 02/20/13 02/21/13 02/22/13 02/25/13

MARCH B.Hills 1169 Hillcrest Rd. Malibu 33428 PCH Malibu 23510 Malibu Col #82 B.Hills 301 Trousdale Pl. Bel Air 500 St Cloud Malibu 25036 Malibu Rd. Bel Air 256 Copa De Ora

$13,950,000 $10,950,000 $13,250,000 $46,000,000 $17,900,000 $19,950,000

$12,500,000 $10,500,000 $10,825,000 $13,250,000 $31,500,000 $14,995,000 $18,000,000

9,243 3,830 2,550 5,433 23,639 2,386 8,908

1.01 1.21 0.16 0.56 1.75 0.45 0.89

03/06/13 03/16/13 03/19/13 03/21/13 03/22/13 03/25/13 03/27/13

APRIL BHPO H. H. Malibu S. M. H. H.

$10,750,000 $18,500,000 $11,750,000 $11,495,000 $13,995,000

$10,000,00 $15,950,000 $10,237,500 $11,225,000 $13,250,000

11,107 9,632 4,916 8,451 10,538

0.83 1.49 0.27 0.36 1.20

04/05/13 04/05/13 04/10/13 04/26/13 04/26/13

Bel Air 10911 Chalon Rd. Malibu 33064/88 PCH B.Hills 805 N. Crescent B.Hills 1000 N. Crescent Malibu 31038 Broad Bch.

FEBRUARY Malibu 27740 PCH Malibu 119 Malibu Col. B. W. 985 Oakmont St. S. S. 1823 N. Doheny Dr. Bel Air 10475 Bellagio Rd. H. H. 250 Delfern Drive

14143 Beresford 10224 Charing Cross 24572 Malibu Rd. 212 La Mesa 201 Delfern Dr.

List Price

$19,995,000

20,248 15,355 9,119 19,590 7,442

Close Date

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April-June 2013 APRIL Area

Property Address

List Price

Sales Price

House Size Lot Size

10,000 13,056 7,500 2,866

0.64 0.82 0.65 0.17

$13,875,000 $10,900,000 $11,750,000 $13,200,000

$13,875,000 $11,202,000 $11,000,000 $10,700,000 $16,000,000

6,000 11,032 11,206 4,680 11,408

1.57 1.41 3.97 N/A 1.14

B.Hills 513 Doheny Rd. $13,500,000 Bel Air 655 Sarbonne Rd. $16,250,000 S. S. 9312 Nightingale $13,750,000 Malibu 23418 Malibu Col #99$13,950,000 MAY S. S. 9366 Flicker Way B.Hills 9521 Sunset Blvd.

BHPO 8 Beverly Ridge Ter. B.Hills 225 Canon Dr. #7G Bel Air 777 Sarbonne Rd. JUNE H. H. 144 Baroda Dr. Bel Air 11001 Bellagio Pl. Bel Air 1001 Bel Air Rd. P. P. 500 Chautaqua Malibu 11802 Ellice St. P. P. 14209 Evans Rd. B. Hills 904 N. Crescent Dr. Malibu 21606 PCH Bel Air 10807 Bellagio Rd. Malibu 6706 Zumirez BHPO 24 Beverly Park Cir P. P. 1471 San Remo Dr. H. H. 261 Baroda Dr. BHPO 2576 Bowmont Dr.

$11,500,000 $14,730,000 $12,450,000 $13,400,000

$14,995,000 $13,500,000 $12,879,000 $13,000,000 $14,900,000 $11,000,000 $16,999,000 $15,350,000 $17,000,000 $16,000,000 $13,900,000 $12,900,000 $58,000,000 $32,750,000 $10,225,000 $19,950,000 $15,625,000 $17,000,000 $26,500,000 $24,000,000 $21,500,000 $17,500,000 $14,995,000 $13,700,000 $11,495,000 $10,500,000

9,000 5,641 8,878 11,500 6,800 10,000 48,000 3,763 13,989 5,664 15,193 13,585 10,567 10,000

Close Date

04/29/1 04/29/13 04/30/13 04/30/13 05/01/13 05/03/13 05/13/13 05/13/13 05/29/13

2.87 Acres 2.65 Acres 1.06 Acres 0.72 Acres 1.00 Acre 2.48 Acres 0.98 Acres 0.25 Acres 0.84 Acres 1.35 Acres 2.24 Acres 0.70 Acres 0.81 Acres 1.38 Acres

06/03/13 06/07/13 06/07/13 06/08/13 06/12/13 06/12/13 06/13/13 06/13/13 06/14/13 06/14/13 06/14/13 06/18/13 06/24/13 06/27/13

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July-September 2013 JULY Area

Property Address

List Price

B. W. 311 N. Rockingham $13,995,000 B. Hills 518 Doheny Rd. Bel Air 454 Cuesta Way $14,900,000 B. Hills 400 Trousdale Pl. $37,000,000 S. M. 1725 San Vicente $11,500,000 B. Hills 225 Canon Dr. #8G $13,700,000 B. W. 12719 San Vicente $13,500000 B. Hills 625 Mountain Dr. $13,995,000 BHPO 13964 Aubrey Rd. $13,400,000 Malibu 25160 Malibu Rd. Bel Air 924 Bel Air Rd. AUGUST B. Hills 841 Greenway Dr. S. S. 9280 Nightingale B. W. 1928 Manderville S. S. 1380 Mockingbird H. H. 107 N. Delfern Dr. Malibu 28034 Sea Lane Dr. Bel Air 1050 Morago Av. B. Hills 920 Foothill Rd. B. Hills 707 N. Canon Dr.

$14,995,000

Sales Price

House Size

$13,888,255 9,747 $16,000,000 10,189 $15,000,000 9,368 Confidential 11,536 $11,500,000 7,066 $11,250,000 4,680 $11,500,000 10,037 $11,800,000 7,735 $12,750,000 15,980 $11,562,500 1,050 $11,000,000 6,898

$14,048,000 $20,500,000 $16,900,000 $12,900,000 $27,500,000 $19,999,000 $24,950,000 $24,000,000 $14,995,000 $14,450,000 $29,500,000 $28,800,000 $11,995,000 $10,850,000 $17,000,000 $15,400,000

Lot Size

0.79 Acres 1.07 Acres 1.88 Acres 2.24 Acres 1.07 Acres N/A 0.72 Acres 1.23 Acres 0.91 Acres 0.15 Acres 1.07 Acres

Close Date

07/02/13 07/02/13 07/05/13 07/05/13 07/08/13 07/08/13 07/15/13 07/23/13 07/24/13 07/29/13 07/25/13

8,180 6,502 N/A 11,166 10,005 4,276 7,724 N/A 7,000

0.72 Acres 0.54 Acres 5.37 Acres 1.22 Acres 1.89 Acres 0.75 Acres 13.00 Acres 0.81 Acres 1.03 Acres

08/06/13 08/07/13 08/09/13 08/13/13 08/15/13 08/19/13 08/22/13 08/27/13 08/23/13

SEPTEMBER Malibu 32232 PCH $15,000,000 3,070 H. H. 707 N. Faring Rd. $16,495,000 $14,000,000 12,289

2.22 Acres 1.25 Acres

09/20/13 09/30/13

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October-December 2013 OCTOBER Area

Property Address

List Price

Sales Price House Size Lot Size

BHPO 9694 Oak Pass $12,995,000 $10,300,000 H. H. 333 S. Mapleton Dr. $11,000,000 $10,000,000 B. Hills 1200 Chanruss Pl. $14,995,000 $13,500,000 Malibu 32852 PCH $18,995,000 $14,700,000 Bel Air 730 Sarbonne Rd. $29,000,000 $23,500,000 B. Hills 9425 Sunset Blvd. $22,500,000 $19,500,000 S. S. 9258 Nightingale $15,375,000 S. S. 9262 Nigntingale $10,875,000 B. Hills 1146 Tower Rd. $35,000,000 $27,500,000 W. W. 10601 Wilshire PHW $12,800,000 $11,000,000

11,500 6,690 9,857 5,353 19,485 17,000 3,065 3,562 14,000 5,990

Close Date

1.73 Acres 1.30 Acres 0.96 Acres 0.81 Acres 0.70 Acres 1.25 Acres 0.41 Acres 0.58 Acres 1.78 Acres N/A

10/02/13 10/04/13 10/09/13 10/17/13 10/22/13 10/24/13 10/25/13 10/25/13 10/28/13 10/31/13

NOVEMBER Bel Air 487 St Pierre Rd. $10,450,000 S. S. 1474 Blue Jay Way W. W. 10800 Wilshire 2301 $10,800,000 B. Hills 918 N. Roxbury $32,000,000

$10,000,000 $13,550,000 $10,850,000 $29,600,000

7,357 7,007 6,480 15,000

0.79 Acres 0.31 Acres N/A 1.34 Acres

11/19/13 11/13/13 11/13/13 11/26/13

DECEMBER Malibu 31122 Broad Bch. $15,000,000 Malibu 23554 Malibu Col #68 Bel Air 2374 Earls Court P. P. 1164 Napoli Dr. $11,495,000 B. Hills 1031 Summit Dr. $13,750,000 B. Hills 908 N. Roxbury $12,950,000 B. W. 491 N. Tigertail Rd. $17,000,000 B. W. 237 Tigertail Rd. $12,995,000 Malibu 23736 Malibu Col. $18,000,000 S. S. 1 Electra Ct. + 2 Lots $25,000,000 S. S. 0 Granito $10,000,000

$12,500,000 5,329 $12,000,120 2,727 $11,500,000 11,045 $11,750,000 7,047 $13,000,000 7,187 $12,150.000 8,889 $16,000,000 15,600 $12,200,000 10,400 $17,350,000 2,633 $20,000,000 9,204 $10,000,000 Land

0.39 Acres 0.22 Acres 0.65 Acres 0.82 Acres 0.39 Acres 0.54 Acres 0.99 Acres 0.52 Acres 0.40 Acres 3.00 Acres 5.17 Acres

12/04/13 12/03/13 12/06/13 12/10/13 12/17/13 12/20/13 12/20/13 12/26/13 12/26/13 12/27/13 12/30/13

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