WESTSIDE ESTATE AGENCY

STATISTICS

• Largest markets are: Los Angeles, Orange County, and San Francisco

• Los Angeles luxury homes sell for at least $3.65 million

• Orange County luxury homes sell for at least $3.45 million

• Days on the market 87

STATISTICS

• Average price $1.59 million• Luxury home sales up 6% (2016)• 2014– 291 luxury homes sold, more than 2x that sold in

2007 (142), last luxury home boom– All other homes and condos fell to 1,498 from

1,593 in 2007

STATISTICS

– Florida lead the nation in foreign buyers, 23% of $92.2 billion nationwide sales

– 90% of sales in Miami were to foreign buyers– Condo sales fell 3.8% to 1,443 from the previous

year• Buyers came from Latin America, Europe, and

Canada

SOURCES

• Luxury Home Sales Information• Luxury Sales Heat Up Across the Country• S.F. luxury-home sales soar• Foreign buyers fuel concerns amid Miami luxu

ry condo boom