What was Los Angeles's Top 10 Best Real Estate Sales in 2016?
In the waning months of 2016 a trifecta of record setting sales — two of which breached the $100 million mark — redefined what constitute a momentous real estate deal and capped off another scorching hot year.
Even if — as many experts anticipate —2016 goes down in history as the high water mark for the current boom in Los Angeles’ luxury real estate market, it will have been one heckuva run. It’s been five years of scorching-hot growth for L.A.’s residential market and things have barely cooled with the median home price on track to increase seven percent in 2016 over the previous year.
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