WEA Micro Market Report - March 2017

Micro Market Report Los Angeles & Miami Issue #25 4/15/17 for 3/15/17 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 LET THE SELLING SEASON COMMENCE Spring is here and so is the traditional start of the “selling season” for homes. Here is the current status of the market: Homes in the $1-4 million range are selling at a rapid pace. When priced right, they sell within 30-45 days and we are seeing multiple offers when priced correctly. Over-priced homes at every level aren’t selling quickly, as buyers are the ones who recognize the value. Pricing a property too high can potentially lead to a stale listing, multiple price reductions, and risk the property being tainted as an undesirable house.

Don’t be tempted by less than scrupulous brokers who think the way to get a listing is to give the seller an unrealistically high valuation. Homes that are priced correctly will sell at or above their value due to interest and the likelihood of multiple offers.

Homes in the $10-15 million range are not as buoyant and tend to stay on the market until the right buyer surfaces.

Buyers in this price range are aware that they often have more time to decide. Additionally, with an inventory of similarly designed and priced houses developed by speculators on the market, there is a good chance that prices will lower as inventory increases and competition heats up.

In the ultra-high-end, the market remains surprisingly strong. Most of these buyers pay in cash and desire the privacy and luxurious amenities they have worked hard to achieve. There are multiple houses either currently listed at or soon be on the market for over $100 million despite the fact that, historically, only one house has sold in this rarified price range.

There is a definite lack of interest from Middle Eastern buyers, and with the Chinese government cracking down on individuals taking money out of the country their buying has also been minimal. The good news is that almost all of our ultra-high-net-worth buyers are US citizens and many reside here in Los Angeles.

Let’s hope we all have a strong selling season.

Stephen Shapiro Co-Founder, Westside Estate Agency

3

90210 Avg. Price Per Transaction

Price in millions

March 2017

Month AVG.

YTD AVg.

Number of Sales

8

HHHHHHHHHHHH HHHHHHHH

7 6

Avg. Price per transaction $

5 4

4,852,550

March 2007

3

Mar

2007

2010

2015

2016

2017

Number of Sales

HHHHHHHHHHHH HHHH

number of sales 2017

Avg. Price per transaction

2016

$

2015 2010 2007

3,305,188

March 2017 vs 2007 +25% Sales

+47% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

20

-13%

$4,852,550

17%

Mar 2016

23

-32%

$4,137,130

-18%

Mar 2015

34

143%

$5,020,632

16%

Mar 2010

14

-13%

$4,339,214

31%

Mar 2007

16

baseline

$3,305,188

baseline

YTD 2017

56

-5%

$6,992,411

36%

Date

© Westside Estate Agency

4

90211 Avg. Price Per Transaction

Price in millions

March 2017

Month AVG.

YTD AVg.

Number of Sales

3.0

HHHH

2.5

2.0

Avg. Price per transaction $

1.5

March 2007

1.0

Mar 2007

2,701,625

2010

2015

2016

2017

Number of sales

H

number of sales 2017

Avg. Price per transaction

2016

$

2015 2010 2007

2,425,000

March 2017 vs 2007 +300% Sales

+11% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

4

100%

$2,701,625

41%

Mar 2016

2

0%

$1,917,500

-14%

Mar 2015

2

100%

$2,237,500

111%

Mar 2010

1

0%

$1,060,000

-56%

Mar 2007

1

baseline

$2,425,000

baseline

YTD 2017

8

14%

$2,877,375

35%

Date

© Westside Estate Agency

5

90069 Avg. Price Per Transaction

Price in millions

March 2017

Month AVG.

YTD AVg.

Number of Sales

6

HHHHHHHHHH 5 4

Avg. Price per transaction

3

$

2

March 2007

1

Mar 2007

3,261,450

2010

2015

2016

2017

number of sales

Number of Sales

HHHHHH 2017

Avg. Price per transaction

2016

$

2015 2010 2007

1,603,500

March 2017 vs 2007 +67% Sales

+103% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

10

-47%

$3,261,450

-35%

Mar 2016

19

6%

$5,011,500

91%

Mar 2015

18

260%

$2,628,889

107%

Mar 2010

5

-17%

$1,271,500

-21%

Mar 2007

6

baseline

$1,603,500

baseline

YTD 2017

36

-10%

$3,815,903

-24%

Date

© Westside Estate Agency

6

90077 Avg. Price Per Transaction

March 2017

Month AVG.

YTD AVg.

Number of Sales

Price in millions

12

HHHHHHHH

10 8 6

Avg. Price per transaction

4

$

2

March 2007

0

Mar

2,218,438

2007

2010

2015

2016

2017

Number of Sales

HHHHHH

number of sales 2017

Avg. Price per transaction

2016

$

2015 2010

1,935,333

March 2017 vs 2007

2007

+33% Sales

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

8

0%

$2,218,438

-25%

Mar 2016

8

-43%

$2,964,250

-71%

Mar 2015

14

75%

$10,317,643

239%

Mar 2010

8

33%

$3,045,500

57%

Mar 2007

6

baseline

$1,935,333

baseline

YTD 2017

28

17%

$6,185,143

21%

Date

© Westside Estate Agency

+15% Price

7

90046 Avg. Price Per Transaction

Price in millions

March 2017

Month AVG.

YTD AVg.

Number of Sales

6

HHHHHHHHHHHH HHHHH

5 4

Avg. Price per transaction

3

$

2

March 2007

1

Mar 2007

5,069,412

2010

2015

2016

2017

number of sales

Number of Sales

HHHHHHHHHHHH 2017

Avg. Price per transaction

2016

$

2015 2010 2007

1,587,750

March 2017 vs 2007 +42% Sales

+219% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

17

-51%

$5,069,412

190%

Mar 2016

35

94%

$1,749,774

-28%

Mar 2015

18

20%

$2,439,611

143%

Mar 2010

15

25%

$1,006,000

-37%

Mar 2007

12

baseline

$1,587,750

baseline

YTD 2017

65

-22%

$2,534,892

44%

Date

© Westside Estate Agency

8

90265 Avg. Price Per Transaction

Price in millions

March 2017

Month AVG.

YTD AVg.

Number of Sales

8

HHHHHHHHHHHH HHH

7 6 5

Avg. Price per transaction

4

$

3

March 2007

2

Mar 2007

3,052,733

2010

2015

2016

2017

number of sales

Number of Sales

HHHHHHHHHHH 2017

Avg. Price per transaction

2016

$

2015 2010 2007

6,908,409

March 2017 vs 2007 +36% Sales

-56% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

15

-38%

$3,052,733

-33%

Mar 2016

24

9%

$4,560,792

-22%

Mar 2015

22

120%

$5,857,864

146%

Mar 2010

10

-9%

$2,379,800

-66%

Mar 2007

11

baseline

$6,908,409

baseline

YTD 2017

50

-9%

$4,300,050

-11%

Date

© Westside Estate Agency

9

90272 Avg. Price Per Transaction

March 2017

Month AVG.

YTD AVg.

Number of Sales

Price in millions

5

HHHHHHHHHHHH HHHHHHHHH HHH HH

4

Avg. Price per transaction $

3

March 2007

2

Mar

3,208,731

2007

2010

2015

2016

2017

Number of Sales

HHHHHHHHHHHH HH

number of sales 2017

Avg. Price per transaction

2016

$

2015 2010 2007

2,668,643

March 2017 vs 2007 +86% Sales

+20% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

26

4%

$3,208,731

-9%

Mar 2016

25

0%

$3,541,980

-12%

Mar 2015

25

32%

$4,043,469

96%

Mar 2010

19

36%

$2,063,737

-23%

Mar 2007

14

baseline

$2,668,643

baseline

YTD 2017

70

17%

$3,787,971

10%

Date

© Westside Estate Agency

10

90024 Avg. Price Per Transaction

Price in millions

March 2017

Month AVG.

YTD AVg.

Number of Sales

3.5

HHHHHHH

3.0

Avg. Price per transaction

2.5

$ 2.0

March 2007

1.5

Mar 2007

3,213,643

2010

2015

2016

2017

Number of Sales

HHHHH

number of sales 2017

Avg. Price per transaction

2016

$

2015 2010 2007

1,530,800

March 2017 vs 2007 +40% Sales

+110% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

7

-46%

$3,213,643

20%

Mar 2016

13

160%

$2,666,962

6%

Mar 2015

5

0%

$2,519,400

-27%

Mar 2010

5

0%

$3,471,800

127%

Mar 2007

5

baseline

$1,530,800

baseline

YTD 2017

16

-27%

$3,100,531

-2%

Date

© Westside Estate Agency

11

90049 Avg. Price Per Transaction

Price in millions

March 2017

Month AVG.

YTD AVg.

Number of Sales

5

HHHHHHHHHHHH HHHHHHHHHHHH HHH

4

Avg. Price per transaction $

3

March 2007

2

Mar 2007

3,992,407

2010

2015

2016

2017

number of sales 2017 2016 2015 2010 2007

Number of Sales

HHHHHHHHHHHHH HH Avg. Price per transaction $

2,890,429

March 2017 vs 2007 +93% Sales

+38% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

27

29%

$3,992,407

34%

Mar 2016

21

5%

$2,972,214

-27%

Mar 2015

20

-13%

$4,084,075

68%

Mar 2010

23

64%

$2,431,957

-16%

Mar 2007

14

baseline

$2,890,429

baseline

YTD 2017

66

27%

$4,190,750

47%

Date

© Westside Estate Agency

12

90025 Avg. Price Per Transaction

Price in millions

March 2017

Month AVG.

YTD AVg.

Number of Sales

3.0

HHHHH

2.5 2.0

Avg. Price per transaction 1.5

$

1.0

March 2007

0.5

Mar

2,977,800

2007

2010

2015

2016

2017

number of sales

Number of Sales

H 2017

Avg. Price per transaction

2016

$

2015 2010 2007

575,000

March 2017 vs 2007 +400% Sales

+418% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

5

-17%

$2,977,800

136%

Mar 2016

6

0%

$1,260,167

2%

Mar 2015

6

20%

$1,239,167

13%

Mar 2010

5

400%

$1,098,200

91%

Mar 2007

1

baseline

$575,000

baseline

YTD 2017

14

-13%

$2,006,286

40%

Date

© Westside Estate Agency

13

90402 Avg. Price Per Transaction

March 2017

Month AVG.

YTD AVg.

Number of Sales

Price in millions

6

HHHHHHHHHHHH

5

Avg. Price per transaction

4

$ 3

March 2007

2

Mar

2,347,667

2007

2010

2015

2016

2017

Number of Sales

HHHHH

number of sales 2017

Avg. Price per transaction

2016

$

2015 2010 2007

2,932,500

March 2017 vs 2007 +140% Sales

-20% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

12

9%

$2,347,667

-56%

Mar 2016

11

83%

$5,308,273

34%

Mar 2015

6

-25%

$3,954,167

91%

Mar 2010

8

60%

$2,065,000

-30%

Mar 2007

5

baseline

$2,932,500

baseline

YTD 2017

25

-14%

$3,604,080

-23%

Date

© Westside Estate Agency

14

90005 Avg. Price Per Transaction

Price in millions

March 2017

Month AVG.

YTD AVg.

Number of Sales

3.5

HH 3.0 2.5

Avg. Price per transaction

2.0

$

1.5

March 2007

1.0

Mar 2007

1,982,500

2010

2015

2016

2017

Number of sales

number of sales 2017

Avg. Price per transaction

2016

$

2015 2010 2007

1,350,000

March 2017 vs 2007 +100% Sales

+47% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

2

-33%

$1,982,500

2%

Mar 2016

3

-57%

$1,946,667

1%

Mar 2015

7

600%

$1,925,714

-21%

Mar 2010

1

0%

$2,450,000

81%

Mar 2007

1

baseline

$1,350,000

baseline

YTD 2017

8

-11%

$2,961,250

60%

Date

© Westside Estate Agency

15

90027 Avg. Price Per Transaction

March 2017

Month AVG.

YTD AVg.

Price in millions

Number of Sales 4.0

HHHHHHHHH

3.5 3.0 2.5

Avg. Price per transaction

2.0

$

1.5 1.0

March 2007

0.5

Mar

3,798,667

2007

2010

2015

2016

2017

Number of Sales

HHHHHHH

number of sales 2017

Avg. Price per transaction

2016

$

2015 2010 2007

1,067,143

March 2017 vs 2007 +29% Sales

+256% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

9

-36%

$3,798,667

85%

Mar 2016

14

17%

$2,056,393

45%

Mar 2015

12

9%

$1,422,500

51%

Mar 2010

11

57%

$944,364

-12%

Mar 2007

7

baseline

$1,067,143

baseline

YTD 2017

28

-35%

$2,480,825

29%

Date

© Westside Estate Agency

16

90064 Avg. Price Per Transaction

Price in millions

March 2017

Month AVG.

YTD AVg.

Number of Sales

3.0

HHHHHHHHHHHH HHHHHHHHHHHH H

2.5

2.0

Avg. Price per transaction

2,940,564

$ 1.5

March 2007

1.0

Mar 2007

2010

2015

2016

2017

Number of Sales

HHHHHHHHHHH

number of sales 2017

Avg. Price per transaction

2016

$

2015 2010 2007

1,157,727

March 2017 vs 2007 +127% Sales

+154% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

25

39%

$2,940,564

76%

Mar 2016

18

200%

$1,671,056

53%

Mar 2015

6

-33%

$1,092,917

-1%

Mar 2010

9

-18%

$1,106,611

-4%

Mar 2007

11

baseline

$1,157,727

baseline

YTD 2017

59

31%

$2,179,476

33%

Date

© Westside Estate Agency

17

90291 Avg. Price Per Transaction

Price in millions

March 2017

Month AVG.

YTD AVg.

Number of Sales

8

HHHHHHHHHHHH HHHHHHHHHHHH HHH

7 6 5

Avg. Price per transaction

4

$

3 2

March 2007

1

Mar 2007

6,128,574

2010

2015

2016

2017

Number of Sales

HHHHHHHHHHH

number of sales 2017 2016 2015 2010 2007

Avg. Price per transaction $

1,493,818

March 2017 vs 2007 +145% Sales

+310% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

27

80%

$6,128,574

209%

Mar 2016

15

0%

$1,985,540

2%

Mar 2015

15

7%

$1,954,767

79%

Mar 2010

14

27%

$1,089,393

-27%

Mar 2007

11

baseline

$1,493,818

baseline

YTD 2017

52

30%

$4,069,567

100%

Date

© Westside Estate Agency

18

90292 Avg. Price Per Transaction

Price in millions

March 2017

Month AVG.

YTD AVg.

Number of Sales

3.0

HHHHH 2.5

Avg. Price per transaction

2.0

$ 1.5

March 2007

1.0

Mar

2,998,600

2007

2010

2015

2016

2017

number of sales

Number of Sales

HHH 2017 2016 2015 2010 2007

Avg. Price per transaction

1,891,667 March 2017 vs 2007 +67% Sales

+59% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

5

67%

$2,998,600

59%

Mar 2016

3

-40%

$1,890,500

-18%

Mar 2015

5

150%

$2,292,000

39%

Mar 2010

2

-33%

$1,648,250

-13%

Mar 2007

3

baseline

$1,891,667

baseline

YTD 2017

10

0%

$2,650,700

43%

Date

© Westside Estate Agency

19

90293 Avg. Price Per Transaction

March 2017

Month AVG.

YTD AVg.

Number of Sales

Price in millions

2.5

HHHHHHHH 2.0 1.5

Avg. Price per transaction

1.0

$

0.5

March 2007

0.0

Mar

2,006,875

2007

2010

2015

2016

2017

Number of Sales

HH

number of sales 2017

Avg. Price per transaction

2016

$

2015 2010 2007

1,547,500

March 2017 vs 2007 +300% Sales

+30% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

8

60%

$2,006,875

9%

Mar 2016

5

-17%

$1,840,300

-3%

Mar 2015

6

N/A

$1,903,167

N/A

Mar 2010

0

-100%

N/A

-100%

Mar 2007

2

baseline

$1,547,500

baseline

YTD 2017

13

18%

$1,719,923

12%

Date

© Westside Estate Agency

20

Miami market view

metro Miami overview avg. Price Per Transaction

Number of Sales

3.0

Price in millions

H = 20

March 2017

Month AVG.

YTD AVg.

HHHHHHHH 2.5

AVg. Price per transaction $

2.0

2,592,874 H = 20

March 2007 1.5

Mar

Number of Sales 2007

2010

2015

2016

2017

HHHHHHH

number of sales avg. Price per transaction 2017 2016 2015 2010

$

1,929,945

March 2017 vs 2007 +15% Sales

+34% Price

2007

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

Mar 2017

164

-21%

$2,592,874

6%

Mar 2016

160

-23%

$2,422,568

-1%

Mar 2015

208

1%

$2,445,055

9%

Mar 2010

109

-23%

$2,054,214

6%

Mar 2007

142

baseline

$1,929,945

baseline

YTD 2017

396

-25%

$2,456,218

6%

Date

© Westside Estate Agency

21

YEAR TO DATE SALES OF 2007

2010

2015

Zip Code

Sales

Average Price

Sales

Δ vs ‘07

Average Price

Δ vs ‘07

Sales

Δ vs ‘10

Average Price

Δ vs ‘10

90210

30

$4,726,167

38

27%

$4,341,829

-8%

66

74%

$6,363,765

47%

90211

5

$1,788,600

4

-20%

$1,320,000

-26%

6

50%

$2,170,917

64%

90069

14

$1,890,714

14

0%

$1,932,821

2%

41

193%

$3,609,732

87%

90077

10

$1,638,700

14

40%

$2,565,643

57%

32

129%

$6,967,000

172%

90046

27

$1,441,741

34

26%

$1,003,426

-30%

60

76%

$2,092,425

109%

90265

33

$6,206,636

18

-45%

$3,479,972

-44%

59

228%

$6,042,203

74%

90272

33

$2,636,864

51

55%

$2,583,873

-2%

55

8%

$3,724,331

44%

90024

11

$3,446,545

10

-9%

$2,727,800

-21%

13

30%

$2,834,962

4%

90049

27

$2,964,296

49

81%

$2,456,714

-17%

49

0%

$3,911,633

59%

90025

7

$923,286

7

0%

$1,049,429

14%

15

114%

$1,273,867

21%

90402

10

$3,591,750

15

50%

$2,026,067

-44%

16

7%

$4,280,688

111%

90005

2

$3,065,000

9

350%

$1,274,222

-58%

15

67%

$2,223,733

75%

90027

15

$1,269,333

19

27%

$916,263

-28%

33

74%

$1,635,121

78%

90064

25

$1,056,460

19

-24%

$1,129,816

7%

34

79%

$1,391,971

23%

90291

19

$1,361,316

23

21%

$1,045,283

-23%

35

52%

$1,912,257

83%

90292

5

$2,220,600

6

20%

$1,451,500

-35%

13

117%

$2,403,846

66%

90293

4

$1,410,000

4

0%

$1,385,500

-2%

15

275%

$1,693,033

22%

Miami

324

$1,886,330

222

-31%

$1,907,585

1%

530

2%

$2,313,370

6%

22

PROPERTIES OF $1M OR MORE 2016

Δ 2007 vs 2017

2017

Sales

Δ vs ‘15

Average Price

Δ vs ‘15

Sales

Δ vs ‘16

Average Price

Δ vs ‘16

Sales

Average Price

59

-11%

$5,146,686

-19%

56

-5%

$6,992,411

36%

87%

48%

7

17%

$2,129,286

-2%

8

14%

$2,877,375

35%

60%

61%

40

-2%

$5,027,088

39%

36

-10%

$3,815,903

-24%

157%

102%

24

-25%

$5,093,875

-27%

28

17%

$6,185,143

21%

180%

277%

83

38%

$1,755,369

-16%

65

-22%

$2,534,892

44%

141%

76%

55

-7%

$4,814,965

-20%

50

-9%

$4,300,050

-11%

52%

-31%

60

9%

$3,430,467

-8%

70

17%

$3,787,971

10%

112%

44%

22

69%

$3,149,407

11%

16

-27%

$3,100,531

-2%

45%

-10%

52

6%

$2,841,394

-27%

66

27%

$4,190,750

47%

144%

41%

16

7%

$1,433,375

13%

14

-13%

$2,006,286

40%

100%

117%

29

81%

$4,695,948

10%

25

-14%

$3,604,080

-23%

150%

0%

9

-40%

$1,852,631

-17%

8

-11%

$2,961,250

60%

300%

-3%

43

30%

$1,922,081

18%

28

-35%

$2,480,825

29%

87%

95%

45

32%

$1,639,649

18%

59

31%

$2,179,476

33%

136%

106%

40

14%

$2,039,315

7%

52

30%

$4,069,567

100%

174%

199%

10

-23%

$1,849,150

-23%

10

0%

$2,650,700

43%

100%

19%

11

-27%

$1,535,955

-9%

13

18%

$1,719,923

12%

225%

22%

456

-14%

$2,243,211

-3%

396

-25%

$2,456,218

6%

64%

23%

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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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