July 2021 National Luxury Market Data: Southern California

Southern California Market

-Southern California's Mansion Market is Having a Record Year: The first 6 months of 2021 saw luxury homes being purchased at a brisk pace. 9 estates closed for 30M+ (LA Times)

Barron Hilton’s Bel-Air estate — $61.5 million

Eli Broad’s Malibu beach house — $51.65 million

Villa Firenze — $51 million

 Shane Smith’s Pacific Palisades retreat — $48.67 million

Ellen DeGeneres’ Beverly Hills home — $47 million

Brentwood spec mansion — $44 million

Jack Rimokh’s Holmby Hills compound — $42.85 million

Nile Niami’s Bel-Air spec house — $36 million

 Jimmy Stewart’s former Beverly Hills villa — $35.2 million


Trends, Notable Listings and Sales

-Michelle Pfeiffer and David E. Kelley Just Listed their Pacific Palisades Mansion for $25M. (Architectural Digest

-Matthew Perry's $21.6M Condo Sale is Southern CA's Largest Condo Sale Since 2015 (LA Times

Newport Beach:
-16 Coral Ridge is a $40M masterpiece and an auto enthusiast's dream: the Mediterranean-style home with a sleek, contemporary interior can house over 30 autos. (Robb Report
-5850 Camino De La Costa Sold for $13,595,000

-Breathtaking Waterfront Homes with Private Dock (Luxury Division)