Los Angeles agents continue to thrive in the luxury market despite the implementation of Measure ULA, indicating resilience in high-end residential transactions post-tax.
The ULA tax has not deterred the sale of luxury homes; properties outside its boundaries, like those in Beverly Hills, are still attracting significant interest and deals.
The property at 1013 North Roxbury Drive in Beverly Hills exemplifies the luxury market's strength, commanding a top contract price of $22.9 million.
With significant sales still occurring in Los Angeles County, the luxury market appears robust, particularly in areas exempt from the ULA tax like Beverly Hills.
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