WEA Micro Market Report - July 2016

Micro Market Report Los Angeles & Miami Issue #17 08/15/16 for 07/15/16 statistics

1

Table of Contents WEA Message

3

zip Code 90210 - Beverly Hills

4

zip Code 90211 - beverly hills

5

zip Code 90069 - Sunset strip

6

zip Code 90077 - Bel Air

7

zip Code 90046 - West Hollywood

8

zip Code 90265 - malibu

9

zip Code 90272 - Pacific palisades

10

zip Code 90024 - westwood

11

zip Code 90049 - brentwood

12

zip Code 90025 - west LA

13

zip Code 90402 - santa monica

14

Zip COde 90005 - Hancock Park

15

Zip Code 90027 - Los Feliz

16

Zip Code 90064 - Cheviot Hills

17

zip Code 90291 - Venice

18

Zip Code 90292 - Marina del Rey

19

Zip code 90293 - Playa Del Rey

20

Miami Market Overview

21

ALL ZIP CODES YEAR TO DATE SALES

22

About WEA

24

Data provided by First American Title Co. of Los Angeles County records and by SEF MLS of Miami-Dade County records for sales exceeding $1 million.

2

Compare Los Angeles Real Estate Brokerages

A Message From WEA THE HIGHEST PRICE IS NOT THE BEST After many years of experience at pricing single-family homes, I am more convinced than ever that there is no science to predicting the sale price of a home.

With multiple agents chasing each potential listing, hearing the highest recommended price may excite a seller. However, it’s important to remember that this agent is not making an offer to buy your home.

Rather, they are likely teasing you in an attempt to secure the listing.

In studying sales over the past few years, it’s very clear that the homes that sell the fastest are the ones priced on the aggressively low side. How can this be? The answer is simple. If a home is priced low, there will be multiple offers. This approach not only drives up the price to market (or beyond) because of the intense competition, but the offers become cleaner and quicker. Loan contingencies are removed in addition to appraisal contingencies. I see this over and over again.

When looking at competition on the market, I notice the homes that are priced too high stay on the market much longer, have multiple price reductions, and risk getting “stale” due to market time. If you really want to sell then overpricing a listing and hoping for a lower offer to begin negotiating is not the way to go.

Starting with the highest price is not the best strategy. Rather, beginning with a lower list price results in the highest sale price and a cleaner deal. Think about it.

Stephen Shapiro Co-Founder, Westside Estate Agency

3

90210 Avg. Price Per Transaction

JULY 2016

8

Number of Sales

Price in millions

7

HHHHHHHHHHHH HHHHHHHHHHHH HH

6 5 4

Avg. Price per transaction

3

$

2 1 0

JUL

2007

2010

2014

2015

2016

7,189,327

JULY 2007 Number of Sales

number of sales

HHHHHHHHH Avg. Price per transaction $

6,267,222

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+189% Sales

+15% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

26

-16%

$7,189,327

17%

JUL 2015

31

82%

$6,126,597

9%

JUL 2014

17

70%

$5,638,235

-18%

JUL 2010

10

11%

$6,916,152

10%

JUL 2007

9

baseline

$6,267,222

baseline

YTD 2016

168

1%

$6,055,628

-9%

Date

© Westside Estate Agency

4

90211 Avg. Price Per Transaction

JULY 2016 Number of Sales

Price in millions

2.0

HH 1.5

Avg. Price per transaction 1.0

$

0.5

0.0

JUL

1,966,000

JULY 2007 2007

2010

2014

2015

2016

Number of sales

number of sales

HHH Avg. Price per transaction $

1,447,005

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

-33% Sales

+36% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

2

-50%

$1,966,000

5%

JUL 2015

4

300%

$1,868,750

40%

JUL 2014

1

-67%

$1,332,000

-7%

JUL 2010

3

0%

$1,433,333

-1%

JUL 2007

3

baseline

$1,447,005

baseline

YTD 2016

15

-29%

$2,170,833

-2%

Date

© Westside Estate Agency

5

90069 Avg. Price Per Transaction

JULY 2016

Price in millions

4.0

Number of Sales

3.5

HHHHHHHHHHHH

3.0 2.5

Avg. Price per transaction

2.0 1.5

$

1.0

3,222,083

0.5 0.0

JUL

2007

2010

2014

2015

2016

JULY 2007 Number of Sales

number of sales

HHHHHH Avg. Price per transaction $

2,523,417

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+100% Sales

+28% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

12

20%

$3,222,083

-6%

JUL 2015

10

25%

$3,419,150

-9%

JUL 2014

8

300%

$3,757,188

101%

JUL 2010

2

-67%

$1,867,500

-26%

JUL 2007

6

baseline

$2,523,417

baseline

YTD 2016

91

7%

$4,094,068

4%

Date

© Westside Estate Agency

6

90077 Avg. Price Per Transaction

JULY 2016

Price in millions

5

Number of Sales

HHHHHH

4 3

Avg. Price per transaction

2

$ 1 0

JUL

2007

2010

2014

2015

2016

3,513,750

JULY 2007 Number of Sales

number of sales

HHH Avg. Price per transaction $

2,746,667

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+100% Sales

+28% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

6

-65%

$3,513,750

-19%

JUL 2015

17

70%

$4,350,618

159%

JUL 2014

10

67%

$1,681,100

-60%

JUL 2010

6

100%

$4,161,667

52%

JUL 2007

3

baseline

$2,746,667

baseline

YTD 2016

64

-18%

$5,389,961

-21%

Date

© Westside Estate Agency

7

90046 Avg. Price Per Transaction

JULY 2016

Price in millions

2.0

Number of Sales

HHHHHHHHHHHH HHHHHHHHHHHH HH

1.5

1.0

Avg. Price per transaction $

0.5

0.0

JUL

2007

2010

2014

2015

2016

1,730,750

JULY 2007 Number of Sales

number of sales

HHHHHHHHHH Avg. Price per transaction $

1,264,300

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+160% Sales

+37% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

26

-16%

$1,730,750

2%

JUL 2015

31

24%

$1,701,548

-3%

JUL 2014

25

178%

$1,760,980

63%

JUL 2010

9

-10%

$1,081,167

-14%

JUL 2007

10

baseline

$1,264,300

baseline

YTD 2016

175

2%

$1,742,802

-5%

Date

© Westside Estate Agency

8

90265 Avg. Price Per Transaction

JULY 2016

Price in millions

10

Number of Sales

HHHHHHHHHHHH HHHHHH

8 6

Avg. Price per transaction

4

$ 2 0

JUL

2007

2010

2014

2015

2016

2,263,056

JULY 2007 Number of Sales

number of sales

HHHH Avg. Price per transaction $

8,354,000

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+350% Sales

-73% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

18

20%

$2,263,056

-62%

JUL 2015

15

-29%

$5,890,633

55%

JUL 2014

21

163%

$3,803,071

91%

JUL 2010

8

100%

$1,994,375

-76%

JUL 2007

4

baseline

$8,354,000

baseline

YTD 2016

132

10%

$4,427,723

-17%

Date

© Westside Estate Agency

9

90272 Avg. Price Per Transaction

JULY 2016

Price in millions

4.0

Number of Sales

3.5

HHHHHHHHHHHH HHHHHHHHHHHH

3.0 2.5 2.0

Avg. Price per transaction

1.5

$

1.0 0.5 0.0

JUL

2007

2010

2014

2015

2016

3,036,127

JULY 2007 Number of Sales

number of sales

HHHHHHHH Avg. Price per transaction $

2,870,375

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+200% Sales

+6% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

24

-23%

$3,036,127

-24%

JUL 2015

31

-14%

$3,977,581

18%

JUL 2014

36

200%

$3,357,451

67%

JUL 2010

12

50%

$2,008,083

-30%

JUL 2007

8

baseline

$2,870,375

baseline

YTD 2016

165

2%

$3,256,908

-12%

Date

© Westside Estate Agency

10

90024 Avg. Price Per Transaction

JULY 2016

Price in millions

3.5

Number of Sales

3.0

HHHHH

2.5 2.0

Avg. Price per transaction

1.5

$

1.0

3,404,000

0.5 0.0

JUL

2007

2010

2014

2015

2016

JULY 2007 Number of Sales

number of sales

HH Avg. Price per transaction $

1,252,500

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+150% Sales

+172% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

5

-50%

$3,404,000

51%

JUL 2015

10

43%

$2,258,100

-31%

JUL 2014

7

40%

$3,284,071

93%

JUL 2010

5

150%

$1,704,700

36%

JUL 2007

2

baseline

$1,252,500

baseline

YTD 2016

59

64%

$3,170,716

22%

Date

© Westside Estate Agency

11

90049 Avg. Price Per Transaction

JULY 2016

Price in millions

4.0

Number of Sales

3.5

HHHHHHHHHHHH HHHHHHH

3.0 2.5 2.0

Avg. Price per transaction

1.5

$

1.0 0.5 0.0

JUL 2007

2010

2014

2015

2016

3,871,587

JULY 2007 Number of Sales

number of sales

HHHHHHHHHHHH HH Avg. Price per transaction $

3,092,393

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+36% Sales

+25% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

19

-10%

$3,871,587

7%

JUL 2015

21

5%

$3,603,357

12%

JUL 2014

20

43%

$3,216,955

52%

JUL 2010

14

0%

$2,109,786

-32%

JUL 2007

14

baseline

$3,092,393

baseline

YTD 2016

156

5%

$3,521,332

-7%

Date

© Westside Estate Agency

12

90025 Avg. Price Per Transaction

JULY 2016

Price in millions

2.0

Number of Sales

HHHHHHHH

1.5

Avg. Price per transaction $

1.0

1,585,750

0.5

0.0

JUL

2007

2010

2014

2015

2016

JULY 2007 Number of Sales

number of sales

HHHH Avg. Price per transaction $

880,250

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+100% Sales

+80% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

8

14%

$1,585,750

-2%

JUL 2015

7

75%

$1,617,286

5%

JUL 2014

4

33%

$1,539,375

53%

JUL 2010

3

-25%

$1,005,000

14%

JUL 2007

4

baseline

$880,250

baseline

YTD 2016

51

38%

$1,443,853

1%

Date

© Westside Estate Agency

13

90402 Avg. Price Per Transaction

JULY 2016

Price in millions

5

Number of Sales

HHHHHHH

4 3

Avg. Price per transaction

2

$

1 0

JUL

2007

2010

2014

2015

2016

4,002,000

JULY 2007 Number of Sales

number of sales

H Avg. Price per transaction $

3,075,000

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+600% Sales

+30% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

7

-61%

$4,002,000

-19%

JUL 2015

18

80%

$4,954,028

30%

JUL 2014

10

67%

$3,810,250

34%

JUL 2010

6

500%

$2,850,750

-7%

JUL 2007

1

baseline

$3,075,000

baseline

YTD 2016

61

13%

$4,509,754

4%

Date

© Westside Estate Agency

14

90005 Avg. Price Per Transaction

JULY 2016

Price in millions

2.5

Number of Sales

HHHH

2.0

Avg. Price per transaction

1.5

$

1.0

2,439,833

0.5 0.0

JUL

2007

2010

2014

2015

2016

JULY 2007 Number of sales

number of sales

Avg. Price per transaction

Not Avail.

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+/-0% Sales

+/-0% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

3

-25%

$2,439,833

10%

JUL 2015

4

N/A

$2,219,750

N/A

JUL 2014

0

-100%

N/A

-100%

JUL 2010

2

N/A

$535,500

N/A

JUL 2007

0

baseline

N/A

baseline

YTD 2016

22

-4%

$1,697,076

-25%

Date

© Westside Estate Agency

15

90027 Avg. Price Per Transaction

JULY 2016 Number of Sales

Price in millions

1.5

HHHHHHHHHHHH HHHHHH

1.2 0.9

Avg. Price per transaction

0.6

$ 0.3

JULY 2007

0.0

JUL

1,444,583

2007

2010

2014

2015

2016

Number of Sales

number of sales

HHHHH Avg. Price per transaction $

1,433,000

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+260% Sales

+1% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

18

0%

$1,444,583

4%

JUL 2015

18

50%

$1,385,278

2%

JUL 2014

12

300%

$1,364,250

14%

JUL 2010

3

-40%

$1,201,333

-16%

JUL 2007

5

baseline

$1,433,000

baseline

YTD 2016

109

25%

$1,584,706

5%

Date

© Westside Estate Agency

16

90064 Avg. Price Per Transaction

JULY 2016 Number of Sales

Price in millions

2.0

HHHHHHHHHHHH HHHHHHHHHHHH H

1.5

1.0

Avg. Price per transaction $

1,671,021

0.5

0.0

JUL

JULY 2007 2007

2010

2014

2015

2016

Number of Sales

number of sales

HHHHHHHHHHH Avg. Price per transaction $

1,416,318

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+127% Sales

+18% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

25

39%

$1,671,021

24%

JUL 2015

18

100%

$1,352,917

-1%

JUL 2014

9

13%

$1,370,778

2%

JUL 2010

8

-27%

$1,338,563

-5%

JUL 2007

11

baseline

$1,416,318

baseline

YTD 2016

130

46%

$1,677,909

17%

Date

© Westside Estate Agency

17

90291 Avg. Price Per Transaction

JULY 2016 Number of Sales

Price in millions

2.0

HHHHHHHHHHHH HHHHHH

1.5

Avg. Price per transaction

1.0

$

0.5

JULY 2007

0.0

JUL

1,814,778

2007

2010

2014

2015

2016

Number of Sales

number of sales

HHH Avg. Price per transaction $

1,598,333

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+500% Sales

+14% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

18

-10%

$1,814,778

-8%

JUL 2015

20

-5%

$1,972,675

17%

JUL 2014

21

133%

$1,690,905

67%

JUL 2010

9

200%

$1,010,056

-37%

JUL 2007

3

baseline

$1,598,333

baseline

YTD 2016

111

7%

$1,902,005

0%

Date

© Westside Estate Agency

18

90292 Price in millions

Avg. Price Per Transaction

JULY 2016

3.5

Number of Sales

3.0

H

2.5

Avg. Price per transaction

2.0

$

1.5

3,450,000

1.0 0.5 0.0

JUL

2007

2010

2014

2015

2016

JULY 2007 Number of Sales

number of sales

H Avg. Price per transaction $

877,000

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+0% Sales

+293% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

1

-67%

$3,450,000

102%

JUL 2015

3

N/A

$1,711,667

N/A

JUL 2014

0

-100%

N/A

-100%

JUL 2010

4

300%

$1,812,500

107%

JUL 2007

1

baseline

$877,000

baseline

YTD 2016

20

11%

$2,230,525

-1%

Date

© Westside Estate Agency

19

90293 Price in millions

Avg. Price Per Transaction

JULY 2016

2.5

Number of Sales

2.0

H Avg. Price per transaction

1.5

$

1.0

1,346,000

0.5 0.0

JUL

2007

2010

2014

2015

2016

JULY 2007 Number of Sales

number of sales

Avg. Price per transaction

Not Avail.

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+/-0% Sales

+/-0% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

4

33%

$1,346,000

-44%

JUL 2015

3

50%

$2,416,061

97%

JUL 2014

2

N/A

$1,224,000

N/A

JUL 2010

0

N/A

N/A

N/A

JUL 2007

0

baseline

N/A

baseline

YTD 2016

29

21%

$1,499,017

-23%

Date

© Westside Estate Agency

20

Miami market view

metro Miami overview avg. Price Per Transaction

Price in millions

2.5

Number of Sales

HHHHHH

2.0

AVg. Price per transaction

1.5

$ 1.0 0.5

2,423,963 H = 20

JULY 2007

0.0

JUL

H = 20

JULY 2016

Number of Sales 2007

2010

2014

2015

2016

HHHHHH

number of sales avg. Price per transaction $

2,122,168

JULY 2016 vs 2007 JUL

2007

2010

2014

2015

2016

+13% Sales

+14% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

JUL 2016

118

-44%

$2,423,963

+12%

JUL 2015

210

+3%

$2,165,190

-4%

JUL 2014

203

+118%

$2,255,768

+30%

JUL 2010

93

-11%

$1,734,224

-18%

JUL 2007

104

baseline

$2,122,168

baseline

YTD 2016

1066

-21%

$2,339,665

2%

Date

© Westside Estate Agency

21

2007

2010

2014

Zip Code

Sales

Average Price

Sales

Δ vs ‘07

Average Price

Δ vs ‘07

Sales

Δ vs ‘10

Average Price

Δ vs ‘10

90210

51

$5,151,726

65

27%

$4,803,740

-7%

126

94%

$5,386,433

12%

90211

8

$1,595,752

11

38%

$1,543,545

-3%

15

36%

$1,782,800

16%

90069

29

$2,473,431

25

-14%

$2,035,320

-18%

60

140%

$3,716,417

83%

90077

21

$4,346,862

33

57%

$2,145,030

-51%

50

52%

$6,931,970

223%

90046

45

$1,918,343

62

38%

$998,516

-48%

124

100%

$1,707,286

71%

90265

45

$6,081,356

42

-7%

$3,964,524

-35%

86

105%

$3,371,901

-15%

90272

55

$3,310,691

76

38%

$2,121,270

-36%

149

96%

$3,440,532

62%

90024

18

$1,990,611

17

-6%

$1,862,853

-6%

40

135%

$5,409,803

190%

90049

52

$3,161,615

81

56%

$2,170,377

-31%

105

30%

$3,311,869

53%

90025

12

$966,500

17

42%

$1,025,000

6%

22

29%

$1,349,636

32%

90402

17

$2,953,941

32

88%

$2,495,656

-16%

38

19%

$4,172,132

67%

90005

3

$1,096,667

8

167%

$884,875

-19%

13

63%

$1,354,154

53%

90027

29

$1,282,918

27

-7%

$1,072,315

-16%

69

156%

$1,482,848

38%

90064

47

$1,254,532

51

9%

$1,078,618

-14%

93

82%

$1,427,170

32%

90291

32

$1,209,016

44

38%

$1,008,955

-17%

94

114%

$1,760,265

74%

90292

5

$1,733,000

12

140%

$1,639,667

-5%

17

42%

$1,917,388

17%

90293

3

$1,818,500

11

267%

$1,398,182

-23%

19

73%

$1,456,000

4%

Miami

840

$1,969,541

629

-25%

$1,978,210

0%

1390

121%

$2,256,573

14%

22

PROPERTIES PROPERTIES OF OF $1M $1M OR OR MORE MORE 2015

Δ 2007 vs 2016

2016

Sales

Δ vs ‘14

Average Price

Δ vs ‘14

Sales

Δ vs ‘15

Average Price

Δ vs ‘15

Sales

Average Price

167

33%

$6,670,572

24%

168

1%

$6,055,628

-9%

229%

18%

21

40%

$2,211,214

24%

15

-29%

$2,170,833

-2%

88%

36%

85

42%

$3,921,518

6%

91

7%

$4,094,068

4%

214%

66%

78

56%

$6,797,641

-2%

64

-18%

$5,389,961

-21%

205%

24%

172

39%

$1,836,681

8%

175

2%

$1,742,802

-5%

289%

-9%

120

40%

$5,314,064

58%

132

10%

$4,427,723

-17%

193%

-27%

162

9%

$3,705,100

8%

165

2%

$3,256,908

-12%

200%

-2%

36

-10%

$2,590,042

-52%

59

64%

$3,170,716

22%

228%

59%

149

42%

$3,799,704

15%

156

5%

$3,521,332

-7%

200%

11%

37

68%

$1,436,393

6%

51

38%

$1,443,853

1%

325%

49%

54

42%

$4,351,676

4%

61

13%

$4,509,754

4%

259%

53%

23

77%

$2,256,739

67%

22

-4%

$1,697,076

-25%

633%

55%

87

26%

$1,504,890

1%

109

25%

$1,584,706

5%

276%

24%

89

-4%

$1,435,257

1%

130

46%

$1,677,909

17%

177%

34%

104

11%

$1,893,538

8%

111

7%

$1,902,005

0%

247%

57%

18

6%

$2,256,389

18%

20

11%

$2,230,525

-1%

300%

29%

24

26%

$1,934,455

33%

29

21%

$1,499,017

-23%

867%

-18%

1354

-3%

$2,291,700

2%

1066

-21%

$2,339,665

2%

61%

16%

23

Success built on superior market knowledge.

And understanding our clients.

Westside Estate Agency is defined by the values and the vision of its two founders, Stephen Shapiro and Kurt Rappaport. In 1998, Stephen Shapiro and Kurt Rappaport were two of the most well-known, highly compensated realtors in Los Angeles. Still, they felt there had to be a better way to meet the very high expectations and individual needs of their high-net worth clientele.

It wasn’t long before the two began making plans for a different kind of brokerage. A real estate agency committed to putting client service first, and completely satisfying the needs and desires of each client. In the words of Stephen Shapiro, “Negotiations conducted with intelligence and integrity result in what we call the ‘triple win.’ Great results for the buyer, the seller, and WEA.” In 1999, Shapiro and Rappaport opened Westside Estate Agency with a focus on the most expensive and prestigious homes and estates in the prime Westside areas of Los Angeles. In 2007, WEA opened its Malibu office to service that world famous community. Today, WEA has a clientele without parallel, at the pinnacle of the

better service to clients. WEA continues to stay on the cutting-edge of innovation, keeping a pulse on and implementing new technologies as soon as they’re available.

Stephen and Kurt have assembled a team of full-time real estate pros, known for expertise, experience, integrity and discretion. Each agent possesses an in-depth knowledge of the inventory and current market conditions; our clients turn to us for candid insights into current market value, the sales potential of properties and marketing strategies for our current and prospective clients.

Of course, WEA has retained its independence, in the face of widespread acquisition by a handful of impersonal agencies. Remaining independent means we answer to our clients, instead of a corporate headquarters thousands of miles away. It means we don’t need to worry about a conglomerate’s bottom-line or using an in-house escrow or title company; rather, we’re free to focus on getting the best and doing the best for each client.

In practical terms, this translates into efficiency

business, financial, technology and entertainment industries generating billions in sales and the highest average price per sale in the industry.

The company added its Miami, Florida location in early 2015.

and responsiveness. Making the most of every minute by showing just the homes, in just the neighborhoods, that meet our clients’ criteria.

Quite frequently, we’re even able to offer new properties not yet on the market.

Working hand-in-hand with their commitment to tailored service has been the agency’s industry leading application of technology. WEA has been at the forefront in the category for its technology use, from being the first to implement a fully integrated network computing system to the first to use scanning technology, cloud technology, e-signatures and paperless filing to provide

Finally, it means WEA’s agents have a direct conduit to the top. Unlike the non-owner operated, robo brokerages, our principals play a role in, and keep an eye on every WEA transaction. In sense, every WEA client is also a client of Stephen’s and Kurt’s. Which only make sense, as it’s with these two that the WEA story began.

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Contact Us Beverly Hills Office

Malibu Office

Miami Office

Westside Estate Agency 210 North Canon Drive Beverly Hills, CA 90210

Westside Estate Agency 23410 Civic Center Way Malibu, CA 90265

Westside Estate Agency 2100 Ponce de Leon Blvd 7th Floor Coral Gables, FL 33134

Tel: (310) 247-7770 SalesBH@WEAhomes.com

Tel: (310) 456-1171 SalesMalibu@WEAhomes.com

Tel: (305) 447-1471 SalesMiami@WEAhomes.com

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