MARKET REPORT
257 NORTH CAÑON DRIVE
B E V E R LY H I L L S , C A 9 0 2 1 0
H I LT O N H Y L A N D . C O M
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“With our collective diversity and expertise, we will remain steadfast and persevere through the turbulent times ahead.” - R I C K H I LTO N , C H A I R M A N - JEFF HYLAND, PRESIDENT
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CONTENTS 2 0 2 0 M I DY E A R M A R K E T R E P O R T
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16
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INTRODUCTION + TIMELINE
TOP SALES + MARKET SHARE
F E AT U R E D PROPERTIES
Q1+Q2 M A R K E T D ATA
PHILANTHROPY + COMMUNIT Y
A letter from our founders, Rick Hilton and Jeff Hyland, as well as a recap of our incredible achievements halfway through 2020.
A selection of our most significant sales of Q1+Q2, our midyear market share, and a look into our team’s current marketing process.
A gallery of our latest luxury listings, including Priscilla Presley’s lush Beverly Hills estate and a designer-done Venice beach house.
A look across the L.A. marketplace from Malibu to Los Feliz, as well as insights into the ultra-lux $5-20+ Million markets.
A selection of our favorite local charities, causes, and black-owned businesses, all of which could use our collective support.
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2020 M I DY E AR R EP O RT
Founders' Letter. During such unprecedented times, we look upon our firm, and our community, with an immense sense of pride. With our collective diversity and expertise, we will remain steadfast and persevere through the turbulent times ahead. We cannot know what lies in store for us in the long term, but in the short term we must adapt and be grateful for our past successes. Hilton & Hyland has, thankfully, remained fully intact. In fact we have grown, as we welcomed top associates Marc Noah, Kyle Dordick, Lisa Optican, Michael LaMontagna, and Alexandra Allen to our firm this past spring. With Angelenos abiding by social distancing standards and staying safer at home, the demand for quality properties has understandably risen. Our single office alone closed 31 sales priced $10 Million and above within the first half of the year. All of this has been made possible by not only maintaining an elite roster of the highest caliber agents in the world, but by continuing to set the standard for luxury real estate marketing and branding. As we continue to remain disciplined and determined in our fight against this novel threat to our city, we hope you will join us as we take a look back at the first half of this eventful year.
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Rick Hilton
Jeff Hyland
CHAIRMAN
PRESIDENT
2020: TIMELINE 2 0 2 0 M I DY E A R M A R K E T R E P O R T
ACTIVE ANDO MALIBU $75,000,000 Branden Williams, Rayni Williams DRE 01774287, DRE 01496786
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Q1+Q2 TIMELINE
HILTON & HYLAND REPRESENTS 5 OF 6 TOP SALES IN JANUARY We kicked off the year in a big way! The Los Angeles Times reported that we represented five of January’s top six residential sales. JAN UARY 2020
THE WEEKND BUYS PENTHOUSE AT BEVERLY WEST The Los Angeles Times reported that the R&B star found his new home for $21 Million at the Emaar Dubai developed high-rise. JAN UARY 2020
VIN DIESEL SHOOTS AT OWLWOOD FOR ICON EL PAÍS The Fast & Furious star joined us at the legendary Owlwood Estate in Holmby Hills for his Icon El País cover shoot. JAN UARY 2020
JASON STATHAM’S “BLACK HOUSE” SELLS IN MALIBU The action star found a buyer for his $19.95 Million reinvented minimalist Malibu Colony beach home dubbed “The Black House.” JAN UARY 2020
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2020 M I DY E AR R EP O RT
VARIETY’S 2020 SHOWBIZ REAL ESTATE ELITE Our agents Drew Fenton, Linda May, Brett Lawyer, Jonah Wilson, and Mick Partridge, as well as the teams of Williams & Williams and Resnick & Nash, were among the chosen few. FEB R UARY 2020
HAUTE RESIDENCE INTERVIEWS KRIS ZACUTO New development in Playa Vista is booming with major companies such as Google, Honest Company, YouTube and Nike taking root. FEB R UARY 2020
ZAHA HADID ARCHITECTS’ ONE THOUSAND MUSUEM COMPLETES IN MIAMI Wallpaper Magazine profiled the iconic new tower in downtown Miami. Branden and Rayni Williams of Hilton & Hyland are proud to be the project’s exclusive west coast reps. FEB R UARY 2020
RICK + K ATHY HILTON ATTEND SUSTAINABLE STYLE AWARDS Hilton & Hyland Chairman and Co-founder, Rick Hilton, stepped out with wife Kathy and daughter Nicky at the 2020 Maison de Mode’s Sustainable Style Awards. FEB R UARY 2020
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TOP STORY Q1+Q2 TIMELINE
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2020 M I DY E AR R EP O RT
HILTON & HYLAND REPRESENTS 3 OF 5 TOP SALES IN MARCH The Los Angeles Times reported that of the five highest residential sales recorded in March, three were represented by Hilton & Hyland associates. Including 10778 Chalon in Bel-Air pictured to the left. MARCH 2020
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Q1+Q2 TIMELINE
JEFF HYLAND SPEAKS AT LUXURY SUMMIT Hilton & Hyland President and Co-Founder Jeff Hyland presented at the invitation only 2020 Luxury Summit at the Wynn Hotel Las Vegas. MARCH 2020
MARC NOAH + K YLE DORDICK JOIN HILTON & HYLAND “I’m excited to join the leading luxury real estate firm in L.A. With their pedigree, I am humbled to be a part of the most recognized name in selling the most iconic homes in the world.” - Marc Noah MARCH 2020
MARK RONSON SELLS STYLISH LOS FELIZ HOME Profiled in Architectural Digest, Mark Ronson’s chic Los Feliz pad sold in March. Ronson was represented by Branden and Rayni Williams of Hilton & Hyland. MARCH 2020
MINDY K AHLING BUYS THE SINATRA BEACH HOUSE The Los Angeles Times reported that Mindy Kahling of The Office purchased Frank Sinatra’s Malibu beach house for $9.55 Million. Represented by Leonard Rabinowitz and Jack Friedkin. MARCH 2020
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2020 M I DY E AR R EP O RT
LISA OPTICAN JOINS HILTON & HYLAND “Luxury buyers are, rightly so, as discerning as ever. Hilton & Hyland’s personalized, curated approach and unparalleled network will allow me to continue achieving incredible results for my clients.” - Lisa Optican APRIL 2020
HILTON & HYLAND REPRESENTS BOTH SIDES OF LEE IACOCCA ESTATE Chairman Rick Hilton and Vice President David Kramer represented the seller while Kramer and team member Kevin Anderson represented the buyer. APRIL 2020
THE SOCIETY GROUP INTERVIEWS WILLIAMS & WILLIAMS VIA IGTV “When you have passion in times like these, it will make you think about the positive. It’s about keeping your clients inspired.” - Branden Williams APRIL 2020
R E I M AG I N E D PAUL WILLIAMS S PA N I S H SELL S FOR $43. 3 MILLION The mansion was redone over a three-year period by JRC Group in collaboration with Don Ziebell of Oz Architects. President Jeff Hyland, Drew Fenton and Linda May represented the seller. APRIL 2020
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TOP STORY Q1+Q2 TIMELINE
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2020 M I DY E AR R EP O RT
THE $100 MILLION UNICA BEL-AIR HITS THE MARKET Newly constructed, this gated mega-mansion sits on over an acre with a 20+ car auto-gallery, 36-person theatre, 1,200-bottle wine cellar, indoor basketball court, recording studio, and indoor and outdoor swimming pools. Represented by David Kramer. M AY 2 0 2 0
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Q1+Q2 TIMELINE
MICHAEL LAMONTAGNA JOINS HILTON & HYLAND “Hilton & Hyland is my home, and today especially, it feels good to be home.” - Michael LaMontagna M AY 2 0 2 0
PICASSO MALIBU SELLS AT AUCTION The listing was held by Hilton & Hyland Chairman Rick Hilton along with associates Rodrigo Iglesias and Helena Deeds. M AY 2 0 2 0
HOLLYWOOD HILLS MIDCENTURY BY VERNON F. DUCKETT FINDS BUYER Built in 1964 the home features original wood-beamed ceilings and an expansive facade of floor-to-ceiling windows. Represented by Alphonso & Bjorn. M AY 2 0 2 0
LIAM PAYNE RELISTS SPANISH-STYLE CALABASAS COMPOUND The gated, scenic spread includes a 9,659-sqft main house, two guesthouses, a teahouse and a mosaic-tiled swimming pool. Jonah Wilson holds the listing. JUNE 2020
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2020 M I DY E AR R EP O RT
TROUSDALE ESTATES GEM BY ARCHITECT MARK RIOS FAIA , FASLA The architect paid homage to Trousdale design legend Hal Levitt by blurring interior and exterior boundaries while recreating his penchant for large-scale entrances. JUNE 2020
JEFF HYLAND TALKS HISTORIC HOMES WITH MANSION GLOBAL “If it’s historic, it definitely has added value. People appreciate it now more than they ever did before.” - Jeff Hyland, President JUNE 2020
NEW DEVELOPMENT LAUNCH OF THE HUNTLEY IN WEST HOLLYWOOD The Huntley is a collection of five distinctly modern luxury residences situated in West Hollywood’s coveted Melrose District. Represented by Christina Collins. JUNE 2020
CHAD ROGERS TALKS MALIBU MARKET WITH THE HOLLYWOOD REPORTER “Everything is leased. Everything. The who’s who of the world are calling me. Malibu is a destination.” - Chad Rogers JUNE 2020
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Q1+Q2 HIGHEST SALES 2 0 2 0 M I DY E A R M A R K E T R E P O R T
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2020 M I DY E AR R EP O RT
SOLD 1500 GILCREST DR, BHPO $37,000,000 Drew Fenton DRE 01317962 17
“Everybody knows now that their most valuable asset is their home.” - R AY N I W I L L I A M S T O T H E S O C I E T Y G R O U P
SOLD 9272 ROBIN DR, SUNSET STRIP $42,508,888 Branden Williams, Rayni Williams 18
DRE 01774287, DRE 01496786
2020 M I DY E AR R EP O RT
OFF-MARKET BEL-AIR ESTATE $60,000,000 Represented the Buyer
10410 BELLAGIO RD, BEL-AIR $43,300,000 Represented the Seller
9272 ROBIN DR, SUNSET STRIP $42,508,888 Represented the Seller
1500 GILCREST, BEVERLY HILLS P.O. $37,000,000 Represented the Seller
9268 ROBIN DR, SUNSET STRIP $33,000,000 Represented the Seller
10778 CHALON RD, BEL-AIR $28,000,000 Represented the Seller
909 N BEDFORD DR, BEVERLY HILLS $23,500,000 Represented the Seller
24910 PACIFIC COAST HWY, MALIBU $21,500,000 Represented the Buyer
167 S ROCKINGHAM, BRENTWOOD $20,833,500 Represented the Buyer
10614 CHALON RD, BEL-AIR $19,500,000 Represented the Buyer and Seller
OFF-MARKET HANCOCK PARK ESTATE $19,000,000 Represented the Seller
23330 MALIBU COLONY RD, MALIBU $18,500,000 Represented the Buyer and Seller
70 MALIBU COLONY RD, MALIBU $18,275,000 Represented the Seller
OFF-MARKET BEL-AIR ESTATE $18,000,000 Represented the Buyer
9719 HEATHER, BEVERLY HILLS P.O. $17,000,000 Represented the Seller
1011 N ROXBURY DR, BEVERLY HILLS $17,000,000 Represented the Seller
©2020 Hilton & Hyland Real Estate Inc. Information based on sales reported in TheMLS.com, public records and other sources, consisting of residential sales from January 1st to June 30th, 2020. *Indicates list price is represented due to confidentiality requirements. All information should be independently reviewed and verified for accuracy.
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“There are definitely some more big sales coming...” - DAV I D K R A M E R TO T H E L O S A N G E L E S T I M E S
SOLD 1870 MANGO WAY, BRENTWOOD $10,715,000 David Kramer, Andrew Buss 20
DRE 00996960, DRE 01999869
2020 M I DY E AR R EP O RT
1335 CARLA LN, BEVERLY HILLS $16,800,000 Represented the Buyer
13151 RIVERS RD, BRENTWOOD $15,895,000 Represented the Seller
701 N ELM DR, BEVERLY HILLS $14,500,000 Represented the Buyer
BEVERLY WEST #1600 $12,151,000* Represented the Buyer and Seller
OFF-MARKET BRENTWOOD ESTATE $12,150,000 Represented the Seller
30966 BROAD BEACH RD, MALIBU $11,498,000* Represented the Seller
31360 BROAD BEACH RD, MALIBU $11,425,000 Represented the Buyer
807 N CAMDEN DR, BEVERLY HILLS $11,200,000 Represented the Seller
1041 N HILLCREST, BEVERLY HILLS $11,200,000 Represented the Seller
22834 BECKLEDGE TERR, MALIBU $11,050,000 Represented the Buyer
1870 MANGO WAY, BRENTWOOD $10,715,000 Represented the Buyer and Seller
1241 LOMA VISTA DR, BEVERLY HILLS $10,000,000 Represented the Buyer
OFF-MARKET BRENTWOOD ESTATE $10,000,000 Represented the Buyer
OFF-MARKET BRENTWOOD ESTATE $10,000,000 Represented the Buyer
21500 CALLE DEL BARCO, MALIBU $10,000,000 Represented the Buyer and Seller
©2020 Hilton & Hyland Real Estate Inc. Information based on sales reported in TheMLS.com, public records and other sources, consisting of residential sales from January 1st to June 30th, 2020. *Indicates list price is represented due to confidentiality requirements. All information should be independently reviewed and verified for accuracy.
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MARKET SHARE 2 0 2 0 M I DY E A R M A R K E T R E P O R T
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SOLD 9719 HEATHER RD, BHPO $17,000,000 Gary Gold DRE 00813554
2020 M I DY E AR R EP O RT
$20M+
RESIDENTIAL MARKET SHARE B E V E R LY H I L L S | B H P O | B E L- A I R | H O L M B Y H I L L S | S U N S E T S T R I P H O L LY W O O D H I L L S | C E N T U R Y C I T Y | B R E N T W O O D PAC I F I C PA L I S A D E S | M A L I B U
Newmark Residential 5%
Nicholas Group 3%
Valia 1%
Keller Williams 5%
Hilton & Hyland 34%
Coldwell Banker 5%
Sotheby’s International Real Estate 6%
Douglas Elliman 6%
The Agency 9%
Compass 9%
Westside Estate Agency 17%
Š2020 Hilton & Hyland Real Estate Inc. Market statistics based on sales reported in TheMLS.com, public records and other sources, consisting of single family residences from January 1st to June 30th, 2020. All information should be independently reviewed and verified for accuracy.
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MARKET SHARE
$10M+
RESIDENTIAL MARKET SHARE B E V E R LY H I L L S | B H P O | B E L- A I R | H O L M B Y H I L L S | S U N S E T S T R I P H O L LY W O O D H I L L S | C E N T U R Y C I T Y | B R E N T W O O D PAC I F I C PA L I S A D E S | M A L I B U | H A N C O C K PA R K
Rodeo Realty 3%
Pinnacle Nourmand Properties & Associates 2% 2%
Keller Williams 4%
Hilton & Hyland 28%
Douglas Elliman 5%
Sotheby’s International Real Estate 6%
Westside Estate Agency 8%
The Agency 11%
Compass 20%
Coldwell Banker 11%
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Š2020 Hilton & Hyland Real Estate Inc. Market statistics based on sales reported in TheMLS.com, public records and other sources, consisting of single family residences and condominiums from January 1st to June 30th, 2020. All information should be independently reviewed and verified for accuracy.
2020 M I DY E AR R EP O RT
$5M+
RESIDENTIAL MARKET SHARE B E V E R LY H I L L S | B H P O | B E L- A I R | H O L M B Y H I L L S | S U N S E T S T R I P | H O L LY W O O D H I L L S W E S T W O O D | C E N T U R Y C I T Y | B E V E R LY W O O D | B R E N T W O O D | S A N TA M O N I C A W E S T H O L LY W O O D | H A N C O C K P A R K | L O S F E L I Z
Keller Williams 4%
Nourmand & Associates 3%
Berkshire Hathaway 1%
Rodeo Realty 4%
Hilton & Hyland 23%
Westside Estate Agency 5%
Sotheby’s International Real Estate 6%
Douglas Elliman 8%
Compass 20%
The Agency 11%
Coldwell Banker 15%
Š2020 Hilton & Hyland Real Estate Inc. Market statistics based on sales reported in TheMLS.com, public records and other sources, consisting of single family residences and condominiums from January 1st to June 30th, 2020. All information should be independently reviewed and verified for accuracy.
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A Digital World: Marketing Real Estate in 2020 Despite the numerous challenges Los Angeles currently faces amid the COVID-19 pandemic, a weak housing market is not one of them. S TO R Y BY A N D R E W L E DW E D G E
While the luxury market did see a brief slow down at the beginning of Q2 due to the citywide lockdown, stock market crash and uncertainty regarding federal economic policy, June saw it roaring back to life as many locals and transplants looked to relocate. Hilton & Hyland alone represented 31 sales priced $10 Million and above by the quarter’s end. “If buyers in the high-end market are looking at a good price for a property — combined with a good loan — that’s a deal. There are definitely some more big sales coming.” said agent David Kramer in a recent interview with the Los Angeles Times.
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“We’ve seen a major increase in our online traffic whether that’s social media, direct search or e-mail marketing.” In the past five months since the March lockdowns, Hilton & Hyland has seen an over 100% increase in impressions and views on video content compared to the previous period. Upscale video productions and interactive 3D floor plans offer buyers the best alternative to an in-person showing. Leyson says “Our main objective is to always stay flexible and continue to adapt to audience behaviors to best serve our clients.”
With new market conditions came new marketing strategies. With temporary halts on printed materials and publications due to lockdowns, contact tracing and staggered reopening schedules, agents and brokerages were forced to adopt new ways to reach potential clients and interact with existing ones.
On social media alone, Hilton & Hyland saw a whopping combined 346% increase in engagement on Facebook and Instagram, which helped contribute to a robust 65% increase in web traffic. According to CNBC, as of May 29th, Zillow had already seen a 40% increase in searches on its own platform.
“I’m very proud and grateful that our team at Hilton & Hyland has remained intact as we continue to work remotely,” said marketing director Ed Leyson.
This major increase in digital response indicates that while potential buyers may be going out less, they are still house hunting with keen interest.
2020 M I DY E AR R EP O RT
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FEATURED PROPERTIES 2 0 2 0 M I DY E A R M A R K E T R E P O R T
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2020 M I DY E AR R EP O RT
ACTIVE VILLA FIRENZE, BEVERLY PARK Le Belvédère $160,000,000 Bel-Air Rick Hilton, Jeff Hyland | $85,000,000 DRE 00904327, DRE 00389584 Sold
by Hilton & Hyland
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F E AT U R E D P R O P E R T I E S
312 N FARING RD HOLMBY HILLS | $62,000,000 Rick Hilton, Linda May DRE 00904327, DRE 00475038
330 S MAPLETON DR HOLMBY HILLS | $69,950,000 Drew Fenton DRE 01317962
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1301 COLLINGWOOD PL SUNSET STRIP | $62,000,000 Branden Williams, Rayni Williams
1380 MOCKINGBIRD PL BIRD STREETS | $48,000,000 Drew Fenton
DRE 01774287, DRE 01496786
DRE 01317962
2020 M I DY E AR R EP O RT
545 S MAPLETON DR HOLMBY HILLS | $58,750,000 Linda May DRE 00475038
1251 TOWER GROVE DR BHPO | $58,000,000 Branden Williams, Rayni Williams
11846 ELLICE ST MALIBU | $29,500,000 Rick Hilton, Rodrigo Iglesias
DRE 01774287, DRE 01496786
DRE 00904327, DRE 00994039
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F E AT U R E D P R O P E R T I E S
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15216 ANTELO PL BEL-AIR | $14,900,000 Drew Fenton DRE 01317962
2020 M I DY E AR R EP O RT
1167 SUMMIT DR BEVERLY HILLS | $15,995,000 Jonah Wilson DRE 01078809
5944 FILAREE HEIGHTS RD MALIBU | $12,000,000 Stephen Resnick, Jonathan Nash DRE 01241282, DRE 01943888
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F E AT U R E D P R O P E R T I E S
241 WINWARD AVE VENICE | $2,595,000 David Kramer, Andrew Buss DRE 00996960, DRE 01999869
2405 GLENDOWER AVE LOS FELIZ | $8,450,000 Brett Lawyer, Jonah Wilson DRE 00897489, DRE 01078809
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15234 RAYNETA DR SHERMAN OAKS | $6,200,000 Anna Marie Simpliciano
23441 MALIBU COLONY RD #93A MALIBU | $7,750,000 Chad Rogers
DRE 01830871
DRE 01204144
2020 M I DY E AR R EP O RT
7007 LOS TILOS RD HOLLYWOOD HILLS | $9,988,000 Richard Maslan DRE 01304570
1653 WATERLOO ST SILVER LAKE | $3,375,000 Heather Boyd
665 BROADWAY ST VENICE | $4,485,000 Mick Partridge
DRE 01836830
DRE 02015130
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F E AT U R E D P R O P E R T I E S
Stunning Beachfront Vacation Homes of Mexico S TO R Y BY N OA H W E I N B E R G
Featuring bright and vivid architecture of all styles,
Careyes is considered one of the world’s most coveted
the exotic locales of Careyes, La Zona Hotelera and
destinations by high-net worth travelers in the know.
Puerto Escondido attract elite travelers from around
Combining natural beauty, vibrant architecture and a
the world.
sybaritic lifestyle, “there is a uniqueness that transcends one to the magical world of Careyes,” said co-listing
Hidden in Costalegre, off the southern coast of Jalisco,
agent Denise Moreno of Hilton & Hyland.
is Careyes. Founded by Gian Franco Brignone in
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1968, the family owned and operated private resort is
The crown jewel of Careyes is Sol De Oriente. As one
comprised of unique architectural castles, villas, casitas
of the original structures in the resort, the compound is
and bungalows. Discovered while searching the globe
perched on a cliff with panoramic views overlooking the
for an unspoiled coastline, Brignone discovered the
Pacific Ocean. With a castle, tower and two bungalows,
jagged cliffs and jungle covered hills of Costa Careyes
“the splendor and magnificence can only be described by
and knew he had found his paradise.
experiencing this extraordinary property,” said Moreno.
Cont inued on Ne x t Page>>
2020 M I DY E AR R EP O RT
A BOV E: CAREYES, MX
L E F T: S O L D E O R I E N T E C O S TA C A R E Y E S , M X $ 7, 5 0 0 , 0 0 0 D EN I S E M O R EN O, G O R D O N M ACG E AC H Y DRE 01928051, DRE 01312979
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F E AT U R E D P R O P E R T I E S
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La Zona Hotelera, an archipelago in Cancún, is home to all-inclusive resorts, international restaurants, tranquil beaches, and a very select few single-family-residences. Amongst the world-class beach homes, Casa EnMar stands as the most architecturally unique property in the exclusive area. Designed by visionary Mexican architect, Sergio Orduña, Casa EnMar offers a new angle on Caribbean living. Known for his modern and innovative designs, Orduña creates genuine works of art with each of his properties. Built with only a few right angles, he designed Casa EnMar to “change the concept of moving dynamism in space for living, all to capture the most extraordinary views,” said listing agent Thomas Glabman of Hilton & Hyland. Orduña, born in Cancún in 1968, made Casa EnMar with a tropical wood walkway that continues through the house to the edge of the shore where “you see an everchanging movie of moods as time changes the color of the sky and moving clouds create the storyline,” said Glabman. The property is a true standout in not only La Zona Hotelera, but amongst architecture as a whole.
“Puerto Escondido might become the next Tulum.” - Linne Radmin A B OV E + BE L OW: C A SA D E LOS S U E Ñ OS PU ERTO ESCONDIDO, MX $1 ,750,0 0 0
Lastly, we look at Puerto Escondido, a coastal town in
T R I S TA R U L L A N
DRE 010678 4 4,
the state of Oaxaca. Known for its breathtaking beaches, popular surf spots and world class restaurants, the charming town is known as the “hidden port.” Eight miles from the town’s center is one of the few gated communities in the state, Costa Cumaná, a tropical paradise developed two decades ago by Juan Sodi and a number of investors from Mexico City. “Puerto Escondido has been a sleepy surf mecca for decades”, said Linne Radmin, owner of Casa de los Sueños in the private Costa Cumaná community, adding, “Puerto might become the next Tulum.” Having designed and built the property 10 years ago, people won’t be able to find any talavera in the home, “which sets it apart from typical Mexican architecture,” Radmin said. With white sand, incredibly private beaches and a separate casita for staff, Casa de los Sueños is an Eden of its own.
L E F T: C A S A E N M A R CANCÚN, MX $6,900,000 T H O M A S G L A B M A N , T R I S TA R U L L A N DRE 01905066, DRE 010678 4 4
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Q1+Q2 MARKET DATA 2 0 2 0 M I DY E A R M A R K E T R E P O R T
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ACTIVE 950 KENFIELD AVE, BRENTWOOD $11,899,999 Christina Collins DRE 01998280
Beverly Hills Q 1 - Q 2 M A R K E T D ATA
62
83
TOTAL LISTINGS SOLD
89.1%
AVERAGE DAYS ON MARKET
$1,930
AVG. SALES PRICE / AVG. LIST PRICE
AVERAGE SALES PRICE PER SQUARE FOOT
DAYS ON MARKET DISTRIBUTION
AVERAGE SALES PRICE / SQ.FT.
2,000
60%
1,665
50%
1,332
40%
999
30%
666
20%
333
10%
0
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
0-30
31-60 61-90 91-120
121+
41 *Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
Beverly Hills Post Office Q 1 - Q 2 M A R K E T D ATA
60
74
TOTAL LISTINGS SOLD
87.6%
AVERAGE DAYS ON MARKET
$1,069
AVG. SALES PRICE / AVG. LIST PRICE
AVERAGE SALES PRICE PER SQUARE FOOT
AVERAGE SALES PRICE / SQ.FT.
DAYS ON MARKET DISTRIBUTION
1,200
60%
1,000
50%
800
40%
600
30%
400
20%
200
10%
0
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
0-30
31-60 61-90 91-120
121+
42 *Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
Sunset Strip // Hollywood Hills Q 1 - Q 2 M A R K E T D ATA
148
64
TOTAL LISTINGS SOLD
91.5%
AVERAGE DAYS ON MARKET
$1,014
AVG. SALES PRICE / AVG. LIST PRICE
AVERAGE SALES PRICE PER SQUARE FOOT
AVERAGE SALES PRICE / SQ.FT.
DAYS ON MARKET DISTRIBUTION
1,200
60%
1,000
50%
800
40%
600
30%
400
20%
200
10%
0
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
0-30
31-60 61-90 91-120
121+
43 *Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
Bel-Air // Holmby Hills Q 1 - Q 2 M A R K E T D ATA
47
65
TOTAL LISTINGS SOLD
83.6%
AVERAGE DAYS ON MARKET
$1,367
AVG. SALES PRICE / AVG. LIST PRICE
AVERAGE SALES PRICE PER SQUARE FOOT
AVERAGE SALES PRICE / SQ.FT.
DAYS ON MARKET DISTRIBUTION
1,410
60%
1,175
50%
940
40%
705
30%
470
20%
235
10%
0
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
0-30
31-60 61-90 91-120
121+
44 *Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
Westwood // Century City Q 1 - Q 2 M A R K E T D ATA
37
45
TOTAL LISTINGS SOLD
97.6%
AVERAGE DAYS ON MARKET
$937
AVG. SALES PRICE / AVG. LIST PRICE
AVERAGE SALES PRICE PER SQUARE FOOT
AVERAGE SALES PRICE / SQ.FT.
DAYS ON MARKET DISTRIBUTION
1,000
60%
830
50%
664
40%
498
30%
332
20%
166
10%
0
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
0-30
31-60 61-90 91-120
121+
45 *Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
Brentwood Q 1 - Q 2 M A R K E T D ATA
77
71
TOTAL LISTINGS SOLD
92.6%
AVERAGE DAYS ON MARKET
$1,041
AVG. SALES PRICE / AVG. LIST PRICE
AVERAGE SALES PRICE PER SQUARE FOOT
AVERAGE SALES PRICE / SQ.FT.
DAYS ON MARKET DISTRIBUTION
1,200
60%
1,000
50%
800
40%
600
30%
400
20%
200
10%
0
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
0-30
31-60 61-90 91-120
121+
46 *Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
Pacific Palisades Q 1 - Q 2 M A R K E T D ATA
82
52
TOTAL LISTINGS SOLD
97.1%
AVERAGE DAYS ON MARKET
$1,064
AVG. SALES PRICE / AVG. LIST PRICE
AVERAGE SALES PRICE PER SQUARE FOOT
AVERAGE SALES PRICE / SQ.FT.
DAYS ON MARKET DISTRIBUTION
1,200
60%
1,000
50%
800
40%
600
30%
400
20%
200
10%
0
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
0-30
31-60 61-90 91-120
121+
47 *Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
Santa Monica Q 1 - Q 2 M A R K E T D ATA
84
44
TOTAL LISTINGS SOLD
97.9%
AVERAGE DAYS ON MARKET
$1,166
AVG. SALES PRICE / AVG. LIST PRICE
AVERAGE SALES PRICE PER SQUARE FOOT
AVERAGE SALES PRICE / SQ.FT.
DAYS ON MARKET DISTRIBUTION
1,410
60%
1,175
50%
940
40%
705
30%
470
20%
235
10%
0
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
0-30
31-60 61-90 91-120
121+
48 *Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
Malibu Q 1 - Q 2 M A R K E T D ATA
70
99
TOTAL LISTINGS SOLD
90.0%
AVERAGE DAYS ON MARKET
$1,434
AVG. SALES PRICE / AVG. LIST PRICE
AVERAGE SALES PRICE PER SQUARE FOOT
DAYS ON MARKET DISTRIBUTION
AVERAGE SALES PRICE / SQ.FT.
2,000
60%
1,665
50%
1,332
40%
999
30%
666
20%
333
10%
0
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
0-30
31-60 61-90 91-120
121+
49 *Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
Hancock Park Q 1 - Q 2 M A R K E T D ATA
84
45
TOTAL LISTINGS SOLD
97.2%
AVERAGE DAYS ON MARKET
$797
AVG. SALES PRICE / AVG. LIST PRICE
AVERAGE SALES PRICE PER SQUARE FOOT
DAYS ON MARKET DISTRIBUTION
AVERAGE SALES PRICE / SQ.FT.
900
60%
750
50%
600
40%
450
30%
300
20%
150
10%
0
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
0-30
31-60 61-90 91-120
121+
50 *Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
West Hollywood Q 1 - Q 2 M A R K E T D ATA
40
37
TOTAL LISTINGS SOLD
97.1%
AVERAGE DAYS ON MARKET
$846
AVG. SALES PRICE / AVG. LIST PRICE
AVERAGE SALES PRICE PER SQUARE FOOT
AVERAGE SALES PRICE / SQ.FT.
DAYS ON MARKET DISTRIBUTION
1,200
72%
1,000
60%
800
48%
600
36%
400
24%
200
12%
0
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
0-30
31-60 61-90 91-120
121+
51 *Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
Los Feliz Q 1 - Q 2 M A R K E T D ATA
74
32
TOTAL LISTINGS SOLD
100.7%
AVERAGE DAYS ON MARKET
$839
AVG. SALES PRICE / AVG. LIST PRICE
AVERAGE SALES PRICE PER SQUARE FOOT
DAYS ON MARKET DISTRIBUTION
AVERAGE SALES PRICE / SQ.FT.
900
72%
750
60%
600
48%
450
36%
300
24%
150
12%
0
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
0-30
31-60 61-90 91-120
121+
52 *Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
Sherman Oaks Q 1 - Q 2 M A R K E T D ATA
216
41
TOTAL LISTINGS SOLD
98.4%
AVERAGE DAYS ON MARKET
$592
AVG. SALES PRICE / AVG. LIST PRICE
AVERAGE SALES PRICE PER SQUARE FOOT
DAYS ON MARKET DISTRIBUTION
AVERAGE SALES PRICE / SQ.FT.
600
60%
500
50%
400
40%
300
30%
200
20%
100
10%
0
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
0-30
31-60 61-90 91-120
121+
53 *Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
ACTIVE 10500 ROCCA PL, BEL-AIR $10,950,000 Linda May, Leonard Rabinowitz, Jack Friedkin DRE 00475038, DRE 01496421, DRE 01975592
54
ULTRA-LUX |
2020 M I DY E AR R EP O RT
AVG . SA L E S $/S Q . F T.
AVG. SALES $/ SQ.FT.
1400 1200 1000
400
$5-10m
200
-6.4%
800 600
3 YEARS (QUARTERLY) Q2 2017-2020
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
2000 1800
AVG. SALES $/ SQ.FT.
1600 1400 1200 1000
400
$10-20m
200
-3.5%
800 600
3 YEARS (QUARTERLY) Q2 2017-2020
0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
2600
AVG. SALES $/ SQ.FT.
2275 1950 1625
$20m+
1300 975 650
3 YEARS (QUARTERLY) Q2 2017-2020
-4.6%
325 0
Q2
Q4
Q2
Q4
Q2
Q4
Q2
17
17
18
18
19
19
20
*Market statistics based on sales of single family residences reported on TheMLS.com from Jan 1st - June 30th 2020. All information should be independently verified for accuracy.
55
Philanthropy. Hilton & Hyland Helping Hands is a program in which we volunteer time, expertise and financial assistance to organizations that help empower people and causes in need. Together Hilton & Hyland’s staff and associates work hand-in-hand to benefit our local communities. We encourage you to check out some of our favorite organizations and causes below:
Since 1996, Food on Foot is a non-profit organization dedicated to providing the poor and homeless of Los Angeles with nutritious meals, clothing, job opportunities, and assistance in the transition to employment and life off the streets. Food on Foot is the last resort for many of the individuals who come to them. They work with men and women whose deep emotional problems have led to lives of homelessness, substance abuse, incarceration, and an utter lack of belief in themselves. Unimpeded by traditional funding models, Food on Foot invests the tremendous amount of time needed to build our workers’ confidence and help them overcome their fear of success – at the same time building partnerships with potential employers who will give our graduates the opportunities they need.
For 33 years the Los Angeles Ronald McDonald House has provided families with a safe and supportive place to stay while their child undergoes treatment for critical illness or injuries at local hospitals. To date, more than 30,000 families have stayed at the Los Angeles Ronald McDonald House during their time of need. The House strives to provide families of sick children with safe, welcoming lodging near their hospitalized child, insure that children have the support of their family members during their difficult medical treatment, and provide families with stress-reduction activities to help them avoid sibling and parental isolation, and loss of financial security.
Habitat for Humanity of Greater Los Angeles (Habitat LA) strives to eliminate substandard housing through advocacy, education and partnership with families and individuals in need to build decent, sustainable and affordable housing. Since 1990, Habitat LA has built and repaired more than 1,000 homes locally and worldwide, transforming the lives of hundreds of individuals. Habitat LA is a GuideStar® Valued Partner and has achieved the coveted Charity Navigator 4-Star rating awarded to nonprofits for sound fiscal management and commitment to accountability and transparency.
As one of the most effective grassroots nonprofit agencies in the nation, Project Angel Food cooks and delivers over 500,000 nutritious meals each year, free of charge, to the homes of men, women, and children affected by life-threatening illnesses. Our vital food and nutrition services, including medically tailored meals and nutritional counseling, help under-served people throughout LA County who are too sick to shop or cook for themselves. Created in response to the HIV/AIDS epidemic, we expanded our mission in 2004 to help our neighbors who are struggling with any life-threatening illness burdened by hunger and malnutrition. We deliver more than 10,000 meals every week to people in need…for Life, for Love, for as long as it takes. 56
2020 M I DY E AR R EP O RT
The Village Family Services is Southern California’s leading bilingual family wellness agency providing a comprehensive range of services to achieve permanency and safety for neglected and abused children and youth. Our approach centers on family wellness amid client-centered, strength-focused, trauma-informed, evidence-based and culturally competent care delivered by a compassionate, bilingual staff. The Village Family Services envisions a day where all children and youth are free of social, emotional, verbal and physical harm.
For over 60 years, the Los Angeles Boys & Girls Club has accomplished its goals of opening doors and transforming lives by providing a safe place where young people can be themselves, be proud, and experience opportunities never thought possible. Through programs that expand horizons, the Club challenges youth to experience the world outside their doorsteps and gives them the tools to succeed.
Celebrating 60 years, Young Musicians Foundation (YMF) exists to unify communities through exceptional classical music experiences for youth. YMF offers programming that serves children of Southern California regardless of socio-economic or ethnic background. We provide performance opportunities through our Debut Orchestra and Chamber Music Series; scholarships for instrumental instruction; and music education for students ages four through 17. Involvement in the arts contributes to literacy with a focus on common core, self-esteem, and social and emotional skills.
Founded in 2001 and comprised solely of volunteers, the Friends of Greystone is a nonprofit organization whose mission is to raise funds to restore, preserve and protect Doheny Greystone Estate, owned by the City of Beverly Hills and considered to be among California’s most luxurious residences south of Hearst Castle. Included in our goals is to provide educational programs to students, residents of Beverly Hills, and the general public. All funds raised go exclusively to the benefit of Doheny Greystone Estate.
Built in 1911, the Robinson mansion was one of the first homes in Beverly Hills. Known for hosting the areas most legendary parties—it was not uncommon to catch famed individuals entering and leaving the estate. Today, the garden is recognized as not only a historical landmark, but also as an exotic paradise that all sightseers are invited to enjoy. 57
The City of Angels: Community Spotlight S TO RY BY J U D I T H PA R K E R
There is no doubt the last few months have seen a changed Los Angeles. The continued unrest across the country has left us a changed nation. If it’s anything we’ve learned as the city heals and marches for a new beginning, it’s that Angeleno’s can pull together to make a difference. Like many notable resources, we’d like to highlight some blackowned businesses that help shape our city, businesses that need your endorsement now. We can all work together to pledge lifelong, city-wide support to heal and grow all corners of our community.
AZLA VEGAN Azla, the matriarch and pillar for her six children, has joined forces with her youngest daughter, Nesanet, to create Azla, the first Ethiopian restaurant in South Los Angeles. @ azlavegan
TORCH Luxury meets eco-friendly, TORCH provides handcrafted, non-toxic candles and skin products by founder Claunesha ‘CJay’ Jones. @torchlosangeles
JUNGALOW The Jungalow’s motto is to ‘help you tap into your own creativity and help bring good vibes home.’ It’s impossible not to feel uplifted by the vibrancy and playful nature that flows through this site. @thejungalow
58
2020 M I DY E AR R EP O RT
LOGAN’S GARDENS Jimmy Williams and his son Logan provide gardening services, lessons, and an abundance of produce to personal chefs and restaurants throughout Los Angeles. @logansgardens
POST 21 Mother-Daughter duo Juana Williams and Blair Paysinger, created Post 21 to provide a comprehensive marketplace where modern design-focused products from Black-owned designers and entrepreneurs can meet on one platform. @post21shop
OFFERINGS Founder Schentell Nunn creates innovative floral designs that bring love and joy into our homes and celebrations. Her LA-based studio offers florals for all events and her NUN brand of jewelry. @of ferings.co
REACH LA A space in DTLA where health education meets legendary artist capacity. Reach LA seeks to engage and empower young LGBTQ people of color. @reach _ la
59
“Hilton & Hyland remains optimistic, and we thank you for your trust in us.” - R I C K H I LTO N , C H A I R M A N - JEFF HYLAND, PRESIDENT
Billy Jack Carter
Office Administrator
Marilea Peacock
Company Controller
David Delgado
IT Director
Sherilyn Segura
Executive Assistant
Ashley Getchman
Executive Assistant
Martha Chinchilla
Accounting
Natalie Ponce
Ed Leyson
Reception
Marketing Director
Andrew Ledwedge
Creative Director
Glorioso T. Fajardo
Senior Brand Designer
Richard Carrillo
60
Executive Vice President
Rosemary Pearson
Senior Digital Designer
Judith Parker
Senior Designer + Marketing
Joel Delgado
Junior Designer
Jacob Fajardo
Junior Designer
Noah Weinberg
PR + Copywriter
Sam Loyola
Secured Escrow - Escrow Officer
Billie Goins
Secured Escrow - Escrow Officer
Our Associates Adeena Karsseboom-Fitterman
Dimitri Velis
Megan Gallivan
Adi Werthman
Donovan Healey
Mia Trudeau
Albert Hughes
Drew Fenton
Michael Hooks
Alex Cabrera
Dustin Cumming
Michael LaMontagna
Alexander Ali
Elena Danielson
Michelle Barrett
Alexandra Allen
Eric Hassan
Michelle Saniei Lally
Alexandra Bendheim
Felix Pena
Mick Partridge
Alla Furman
Florence Caraco
Moji Zucker
Allison Giannini
Gary Gold
Monty Beisel
Alphonso Lascano
Gordon MacGeachy
Neil McDermott
Amber Cohen
Greg La Plant
Nichelle Robinson
Andrew Buss
Guy Levy
Owen Pochman
Andrew Cohen
Heather Boyd
Patrick Fogarty
Aneela Zaman
Helena Deeds
Paul Salazar
Ani Sherman
Jack Friedkin
Preston Gazowsky
Anna Marie Simpliciano
James Davis
Preston Ukra
Aouri Makhlouf
Jamie Nugent
Rayni Williams
Aren Afsharian
Jay Brener Harris
Rebecca Edwardson
Austin Barthel
Jen Baker
Richard Maslan
Avrille Krom
Jennifer Levine
Rita Goldsmith
Barbara Duskin
Jerome Kerr-Jarrett
Robby Sutton
Barbara Robinson
Jesse Lally
Robert Kass
Barbara Tenenbaum
Joseph Goodhue
Rodrigo Iglesias
Beate Kessler-McDermott
Jonah Wilson
Ron Hilton
Ben Malka
Jonathan Nash
Rona Passman
Benjamin Kruger
Joshua T. Greer
Rory Dorsey
Beth Ann Green
Judy Feder
Roxane Almeida
Bill Simpson
June Davies
Roya Sklar
Billy Dolan
Justin Friedlander
Ruben Perez
Bjorn Farrugia
Justin P. Huchel
Sally Shim
Blake Blivas
Kathy Douglas
Seidahl Hakimi
Branden Williams
Keeley Smith
Skylar Saca
Brenda Chandler Cooke
Kevin Anderson
Stephen Resnick
Brett Lawyer
Kris Zacuto
Steve Levine
Brick Williams
Kyle Dordick
Steven Medina
Brooke Kaufman Halsband
Ladae Bond
Stuart Vetterick
Camille Anderson
Ladd Jackson
Susan Pekich
Carol Whitley
Laura Kalb
Susan Perryman
Chad Rogers
Lauren Mara
Susan Simmons
Chaya Van Essen
Laurent Mamann Slater
Susan Smith
Chris Evangelatos
Lawrence Fitz-Simon
Suzann Brent
Chris Mara
Leonard Rabinowitz
Tenny Kilmore
Christian Name
Linda May
Thomas Glabman
Christina Collins
Lisa Optican
Tiffany Hu
Davannah Linkon-Fryzer
Lynne Langdon
Todd Simons
David Konheim
Manuela Villa
Trevor Wright
David Kramer
Marc Noah
Trista Rullan
David Yocum
Marcie Hartley
Vania Stepani
Debra Dresner
Matthew Chavez
Wayne Pridgen
Delaram Rivani
Matthew Perrye
Zach Goldsmith
Denise Moreno
Matthew Schwartz
Ziv Gabay
61
257 NORTH CAĂ‘ON DRIVE
H I LT O N H Y L A N D . C O M
B E V E R LY H I L L S , C A 9 0 2 1 0
+1 3 1 0. 278 . 3 3 1 1
Š2020 Hilton & Hyland Real Estate, Inc. If your property is currently listed, please disregard this notice. It is not our intention to solicit the offerings of other Brokers. Market statistics are based on sales reported in TheMLS.com, public records and other sources, consisting of properties sold from January 1st to June 30th, 2020. All data is obtained from various sources and has not been, and will not be, verified by broker. Properties may or may not be listed by the office/agent presenting the information. All Prices reflect actual sold price, per the Multiple Listing Service, unless otherwise noted. The accuracy of all information, regardless of source, is deemed reliable but is not guaranteed. Hilton & Hyland fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. DRE 01160681 62