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STATE OF THE LUXURY HOUSING MARKET Los Angeles 2020 VS. 2019 L - JANUARY 6, 2021

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Manage episode 281909165 series 2761629
Content provided by Danny Brown. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Danny Brown or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The housing market over $5M in Los Angeles is thriving and active! There’s been 26% more single family sales units in 2020 compared to 2019. With interest rates hovering at records low around 3% and prime inventory remaining well below historical averages we expect 2021 to be another strong year in the Los Angeles luxury housing market.

Here’s a quick snap shot of the luxury sales over $5M in 2020 vs 2019:

-Sales over $5M are up 26% -Sales over $10M are up27% -Sales over $20M are up 37% -Sales over $30M are down -20% (17 in 2020 / 21 in 2019) -Sales over $40M are down -30% (7 in 2020/ 10 in 2019)

Danny Brown LA The Deal Pod

Danny Brown LA IG The Deal Pod IG

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125 episodes

Artwork
iconShare
 
Manage episode 281909165 series 2761629
Content provided by Danny Brown. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Danny Brown or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The housing market over $5M in Los Angeles is thriving and active! There’s been 26% more single family sales units in 2020 compared to 2019. With interest rates hovering at records low around 3% and prime inventory remaining well below historical averages we expect 2021 to be another strong year in the Los Angeles luxury housing market.

Here’s a quick snap shot of the luxury sales over $5M in 2020 vs 2019:

-Sales over $5M are up 26% -Sales over $10M are up27% -Sales over $20M are up 37% -Sales over $30M are down -20% (17 in 2020 / 21 in 2019) -Sales over $40M are down -30% (7 in 2020/ 10 in 2019)

Danny Brown LA The Deal Pod

Danny Brown LA IG The Deal Pod IG

  continue reading

125 episodes

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