Eighteen single-family contracts were signed last week in L.A. County, which was off 33 percent from the previous week. Total contract volume for the same reporting period was $152 million, which is down from the prior week's $185.5 million.
A Bel-Air mansion at 657 Perugia Way, with an asking price of just under $28 million, was last week's top contract. The 1930s home was originally listed in January before re-appearing on the market for rent by Carolwood Estates' David Parnes.
South of Bel-Air, a home in Manhattan Beach had last week's next largest signed contract. The 7,454-square-foot home at 3216 The Strand has a list price of $22.5 million and is currently under active contract. The home originally hit the market in February with an asking price of $25 million.
Deals in the South Bay city have been on a tear, as home prices jumped 21 percent last month compared to a year ago with median prices at $3.4 million, according to Redfin. More Manhattan Beach homes sold last month than the year-ago comparison, although median days on the market ticked up 17 to 51.
[
Collection
]
[
|
...
]