"The report tallied 17 homes that went into contract last week, equating to $126.9 million in asking dollar volume, down from 19 deals the week prior."
"Last week's asking dollar volume reflected a 7 percent decline from the year-ago period's volume, although there were four more deals compared to a year earlier."
"1600 Casale Road in Pacific Palisades was listed as the top home to go into contract but fell out and returned to the market at $19 million."
"The six-bedroom, 10-bathroom home in the Riviera neighborhood features Smart Home technology, Tesla Powerwall batteries, an EV charging station, and solar panels."
Los Angeles' luxury residential market reflects mixed trends according to the Eklund Weekly Luxury Report. Last week, 17 homes went into contract, totaling $126.9 million in asking volume, a decrease from previous weeks and a 7 percent decline year-over-year. However, there were four more deals than the same period last year. The top property was 1600 Casale Road, which returned to market at a reduced price of just under $19 million after falling out of contract. The large home features modern energy-efficient technologies and was newly constructed last year.
Read at therealdeal.com
Unable to calculate read time
Collection
[
|
...
]