LA real estate
fromtherealdeal.com
2 days agoHoliday slowdown hits L.A. resi's high end
Los Angeles luxury residential market slowed for the holidays, with mega deals quieting and asking volume down 14.2% year‑over‑year.
Market watchers may be hoping Los Angeles got the last of its summer hangover out of its system as families return from overseas vacations and kids trek back to the classroom. The total value of homes that went into contract last week in L.A. County's high end slid 48.2 percent from a year earlier, with asking volume coming out to $126.2 million, according to a report compiled by Marcy Roth of Douglas Elliman's Eklund Gomes team.