In 2017, we saw the Los Angeles luxury market continues to climb with a 16% increase in properties sold year over year, while the median sales price increased 4% to $7.78 million respectively. Escrows tracked closer to sales than in 2016, reflecting a serious buyer that was willing to pay for the right property in 2017. As the leading Los Angeles luxury real estate brokerage, Hilton & Hyland outpaced the local luxury market with an average median sales price of $9.97 million, 28% higher than the overall luxury market average. The firm also enjoyed a record-breaking sales volume of $3.3 billion and a massive 42% share of the ultra-lux market in 2017.
Hilton & Hyland invites you to take a look back at some of our most notable moments of what was truly a banner year.