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Our Q4 stats are in for single-family homes, and we’re seeing some major growth in Bel Air-Holmby Hills, Montecito Heights, Highland Park, and Marina del Rey, respectively.
The number one spot went to the Metropolitan area, which experienced a tremendous 155% increase – but keep in mind, this was just for the sale of one home.
More tellingly, Bel Air-Holmby Hills had a 153% increase in sales volume, with 41 sold listings in Q4 of 2016 compared to 28 sold listings in Q4 of 2015.
Montecito Heights landed in third place, with an 80% increase. Trailing in fourth and fifth were Highland Park (71%) and Marina del Rey (54%), respectively.
Not all neighborhoods, however, were on the rise. Ladera Heights, Malibu Beach, and Malibu, respectively, all experienced shrinking sales volume.
For the full stats click here and check out our latest heat map:
What do you think?