Los Angeles Luxury Housing Market November 2021

The high end housing market on the Westside continues to churn with sales over $5M up 90% from this time in 2020. The highest priced sale on record just closed recently in Malibu where Marc Andreessen bought a seven acre estate in Paradise Cover for $177M.

There’s been 939 sales this year vs 569 last year. 87 of these sales are over $20M which is up 89% from last year. 28 of these sales are over $30M which is up 115% from last year. 16 of these sales are over $40M which is up 166% over last.

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