Micro Market Report Los Angeles & Miami Issue #22 1/15/17 for 12/15/16 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 see it, feel it Just about every real estate company, and particularly the new entrants into our market, say they are redefining or doing real estate a different way. But, what exactly do they mean and how do they intend to do it differently? Given that we don’t sell homes in the price range of the national average but rather many multiples of the national average, I don’t foresee our clients buying homes simply by looking at photos or drone images. While good photos definitely help show off a property, it’s not a new technique. Do big parties at houses for sale actually help sell them? In LA, it’s easy to get people to attend an event if you offer free food or drink. However, buyers of luxury homes are not looking at homes because they get a free glass of champagne. I suggest that our business remain one of client relationships, whether we are representing a buyer or seller. The quality agent dedicates his/her time and experience to shepherding their client through the home buying or selling process from start to finish. This means that we must match the requirements of the buyer to the available housing inventory, which may happen quickly or take a significant amount of time. The one fact is that each of these clients must ultimately see the house personally to make a final decision. They must see it and feel it. Unlike Million Dollar Listing, the work really begins after the agreement on price and terms. There are inspections, appraisals, title, and loans that must be approved before contingencies are released, at which point the parties can move towards a closing. It doesn’t seem that a computer algorithm or anything else other than a hands on relationship with a broker could accomplish this. At WEA, we have been closing deals successfully for over 17 years and our success speaks for us, not our dialogue. Once again, our average sale in 2016 exceeded $9,000,000 per deal, which can’t be claimed by any other company. Stephen Shapiro Co-Founder, Westside Estate Agency
3
90210 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
15
Number of Sales
HHHHHHHHHHHH HHHHHH
12 9
Avg. Price per transaction
6
$
3 0
DEC
2007
2010
2014
2015
2016
8,199,056
DECEMBER 2007 Number of Sales
number of sales
HHHH Avg. Price per transaction $
3,423,750
DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+350% Sales
+139% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
18
-38%
$8,199,056
57%
DEC 2015
29
61%
$5,233,914
-60%
DEC 2014
18
0%
$13,021,667
127%
DEC 2010
18
350%
$5,726,768
67%
DEC 2007
4
baseline
$3,423,750
baseline
YTD 2016
251
5%
$6,007,608
-6%
Date
© Westside Estate Agency
4
90211 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
2.5
Number of Sales
HHH
2.0 1.5
Avg. Price per transaction
1.0
$
0.5 0.0
DEC
2,400,000
DECEMBER 2007 2007
2010
2014
2015
2016
Number of sales
number of sales
H Avg. Price per transaction $
2,039,000
DECEMBER 2016 vs 2007 DEC 2007
2010
2014
2015
2016
+200% Sales
+18% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
3
0%
$2,400,000
17%
DEC 2015
3
200%
$2,044,000
41%
DEC 2014
1
-50%
$1,450,000
-24%
DEC 2010
2
100%
$1,920,000
-6%
DEC 2007
1
baseline
$2,039,000
baseline
YTD 2016
26
-19%
$2,110,615
3%
Date
© Westside Estate Agency
5
90069 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
5
Number of Sales
HHHHHHHHHHHH HHH
4 3
Avg. Price per transaction
2
$
1 0
DEC
2007
2010
2014
2015
2016
2,718,267
DECEMBER 2007 Number of Sales
number of sales
Avg. Price per transaction
Not Avail. DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+/-0% Sales
+/-0% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
15
-17%
$2,718,267
-27%
DEC 2015
18
50%
$3,712,944
-14%
DEC 2014
12
100%
$4,338,333
132%
DEC 2010
6
N/A
$1,868,667
N/A
DEC 2007
0
baseline
0
baseline
YTD 2016
141
9%
$3,641,767
-1%
Date
© Westside Estate Agency
6
90077 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
12
Number of Sales
HHHHHHHHHH
10 8 6
Avg. Price per transaction
4
$
2 0
DEC
2007
2010
2014
2015
2016
10,763,100
DECEMBER 2007 Number of Sales
number of sales
HHH Avg. Price per transaction $
10,725,333
DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+233% Sales
+0% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
10
11%
$10,763,100
59%
DEC 2015
9
-40%
$6,783,667
19%
DEC 2014
15
200%
$5,720,267
147%
DEC 2010
5
67%
$2,314,500
-78%
DEC 2007
3
baseline
$10,725,333
baseline
YTD 2016
108
13%
$5,276,894
-15%
Date
© Westside Estate Agency
7
90046 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
2.0
Number of Sales
HHHHHHHHHHHH HHHHHHHHHHHH HHHH
1.5
1.0
Avg. Price per transaction $
0.5
0.0
DEC 2007
2010
2014
2015
2016
1,672,057
DECEMBER 2007 Number of Sales
number of sales
HHHHHH Avg. Price per transaction $
1,119,000
DECEMBER 2016 vs 2007 DEC 2007
2010
2014
2015
2016
+367% Sales
+49% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
28
-10%
$1,672,057
-1%
DEC 2015
31
94%
$1,694,279
-1%
DEC 2014
16
45%
$1,709,750
67%
DEC 2010
11
83%
$1,024,182
-8%
DEC 2007
6
baseline
$1,119,000
baseline
YTD 2016
275
7%
$1,797,934
5%
Date
© Westside Estate Agency
8
90265 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
5
Number of Sales
HHHHHHHHHHHH HHH
4 3
Avg. Price per transaction
2
$
1 0
DEC
2007
2010
2014
2015
2016
4,582,433
DECEMBER 2007 Number of Sales
number of sales
HHHHH Avg. Price per transaction $
4,679,000
DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+200% Sales
-2% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
15
-40%
$4,582,433
26%
DEC 2015
25
25%
$3,648,000
24%
DEC 2014
20
300%
$2,949,325
55%
DEC 2010
5
0%
$1,903,300
-59%
DEC 2007
5
baseline
$4,679,000
baseline
YTD 2016
212
26%
$4,323,627
6%
Date
© Westside Estate Agency
9
90272 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
6
Number of Sales
HHHHHHHHHHHH HHHHH
5 4 3
Avg. Price per transaction
2
$
1 0
DEC
2007
2010
2014
2015
2016
4,401,265
DECEMBER 2007 Number of Sales
number of sales
HHH Avg. Price per transaction $
5,400,000
DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+467% Sales
-18% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
17
-32%
$4,401,265
17%
DEC 2015
25
127%
$3,753,520
68%
DEC 2014
11
-8%
$2,235,310
46%
DEC 2010
12
300%
$1,530,102
-72%
DEC 2007
3
baseline
$5,400,000
baseline
YTD 2016
263
17%
$3,595,428
5%
Date
© Westside Estate Agency
10
90024 Price in millions
Avg. Price Per Transaction
DECEMBER 2016
4.0
Number of Sales
3.5
HHHHHHHH
3.0 2.5 2.0
Avg. Price per transaction
1.5
$
1.0 0.5 0.0
DEC
2007
2010
2014
2015
2016
2,063,188
DECEMBER 2007 Number of Sales
number of sales
HH Avg. Price per transaction $
3,690,000
DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+300% Sales
-44% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
8
33%
$2,063,188
-43%
DEC 2015
6
200%
$3,642,167
195%
DEC 2014
2
-60%
$1,236,500
-3%
DEC 2010
5
150%
$1,273,200
-65%
DEC 2007
2
baseline
$3,690,000
baseline
YTD 2016
92
64%
$4,955,187
63%
Date
© Westside Estate Agency
11
90049 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
8
Number of Sales
7
HHHHHHHHHHHH HHHHHHHHHHHH HH
6 5 4 3
Avg. Price per transaction
2
$
1 0
DEC 2007
2010
2014
2015
2016
3,573,250
DECEMBER 2007 Number of Sales
number of sales
HHHHHH Avg. Price per transaction $
1,839,167
DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+333% Sales
+94% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
26
63%
$3,573,250
-45%
DEC 2015
16
-20%
$6,526,719
56%
DEC 2014
20
233%
$4,185,700
120%
DEC 2010
6
0%
$1,906,167
4%
DEC 2007
6
baseline
$1,839,167
baseline
YTD 2016
271
26%
$3,594,404
-7%
Date
© Westside Estate Agency
12
90025 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
2.0
Number of Sales
HHHHH
1.5
1.0
Avg. Price per transaction
0.0
DEC
1,571,800
$
0.5
2007
2010
2014
2015
2016
DECEMBER 2007 Number of Sales
number of sales
HHH Avg. Price per transaction $
821,000
DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+67% Sales
+91% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
5
-38%
$1,571,800
19%
DEC 2015
8
167%
$1,323,438
7%
DEC 2014
3
-25%
$1,236,833
8%
DEC 2010
4
33%
$1,143,125
39%
DEC 2007
3
baseline
$821,000
baseline
YTD 2016
66
5%
$1,445,447
2%
Date
© Westside Estate Agency
13
90402 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
5
Number of Sales
HHHHHHHHHHHH
4 3
Avg. Price per transaction
2
$ 1 0
DEC
2007
2010
2014
2015
2016
4,006,758
DECEMBER 2007 Number of Sales
number of sales
HHHHH Avg. Price per transaction $
4,219,300
DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+140% Sales
-5% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
12
33%
$4,006,758
-12%
DEC 2015
9
29%
$4,575,778
57%
DEC 2014
7
17%
$2,917,857
15%
DEC 2010
6
20%
$2,542,083
-40%
DEC 2007
5
baseline
$4,219,300
baseline
YTD 2016
95
23%
$4,418,006
3%
Date
© Westside Estate Agency
14
90005 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
2.0
Number of Sales
HH
1.5
1.0
Avg. Price per transaction $
0.5
0.0
DEC 2007
2010
2014
2015
2016
1,165,000
DECEMBER 2007 Number of sales
number of sales
Avg. Price per transaction
Not Avail. DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+/-0% Sales
+/-0% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
2
-50%
$1,165,000
-40%
DEC 2015
4
300%
$1,928,750
54%
DEC 2014
1
0%
$1,250,000
9%
DEC 2010
1
N/A
$1,150,000
N/A
DEC 2007
0
baseline
0
baseline
YTD 2016
36
9%
$1,763,158
-15%
Date
© Westside Estate Agency
15
90027 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
2.0
Number of Sales
HHHHHHHHHHHH HHHHHH
1.5
1.0
Avg. Price per transaction $
0.5
0.0
DEC
1,982,561
DECEMBER 2007 2007
2010
2014
2015
2016
Number of Sales
number of sales
HHH Avg. Price per transaction $
1,231,667
DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+500% Sales
+61% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
18
80%
$1,982,561
2%
DEC 2015
10
0%
$1,951,750
54%
DEC 2014
10
43%
$1,264,800
17%
DEC 2010
7
133%
$1,080,143
-12%
DEC 2007
3
baseline
$1,231,667
baseline
YTD 2016
165
22%
$1,635,575
7%
Date
© Westside Estate Agency
16
90064 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
2.0
Number of Sales
HHHHHHHHHHHH HHHHHHH
1.5
1.0
Avg. Price per transaction $
0.5
0.0
1,729,785
DECEMBER 2007
DEC
2007
2010
2014
2015
2016
Number of Sales
number of sales
HHHHHHH Avg. Price per transaction $
1,165,000
DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+171% Sales
+48% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
19
12%
$1,729,785
34%
DEC 2015
17
21%
$1,290,824
0%
DEC 2014
14
56%
$1,291,571
5%
DEC 2010
9
29%
$1,227,278
5%
DEC 2007
7
baseline
$1,165,000
baseline
YTD 2016
220
38%
$1,750,430
21%
Date
© Westside Estate Agency
17
90291 Price in millions
Avg. Price Per Transaction
DECEMBER 2016
2.5
Number of Sales
2.0
HHHHHHHHHHHH HH
1.5
Avg. Price per transaction
1.0
$ 0.5 0.0
DEC
2,093,286
DECEMBER 2007 2007
2010
2014
2015
2016
Number of Sales
number of sales
HH Avg. Price per transaction $
957,500
DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+600% Sales
+119% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
14
-13%
$2,093,286
15%
DEC 2015
16
-6%
$1,823,156
-6%
DEC 2014
17
70%
$1,931,735
93%
DEC 2010
10
400%
$1,002,050
5%
DEC 2007
2
Baseline
$957,500
Baseline
YTD 2016
175
11%
$2,005,501
3%
Date
© Westside Estate Agency
18
90292 Price in millions
Avg. Price Per Transaction
DECEMBER 2016
3.0
Number of Sales
2.5
H
2.0 1.5
Avg. Price per transaction
1.0
$
0.5 0.0
DEC
2007
2010
2014
2015
2016
2,700,000
DECEMBER 2007 Number of Sales
number of sales
Avg. Price per transaction
Not Avail. DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+/-0% Sales
+/-0% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
1
-50%
$2,700,000
0%
DEC 2015
2
100%
$2,700,000
145%
DEC 2014
1
-67%
$1,100,000
13%
DEC 2010
3
N/A
$970,000
N/A
DEC 2007
0
baseline
0
baseline
YTD 2016
32
10%
$2,155,172
-10%
Date
© Westside Estate Agency
19
90293 Avg. Price Per Transaction
DECEMBER 2016
Price in millions
2.0
Number of Sales
HHH
1.5
1.0
Avg. Price per transaction $
0.5
0.0
DEC
2007
2010
2014
2015
2016
1,417,333
DECEMBER 2007 Number of Sales
number of sales
HH Avg. Price per transaction $
1,922,500
DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+50% Sales
-26% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
3
0%
$1,417,333
-7%
DEC 2015
3
0%
$1,518,833
49%
DEC 2014
3
0%
$1,019,667
-35%
DEC 2010
3
50%
$1,564,000
-19%
DEC 2007
2
baseline
$1,922,500
baseline
YTD 2016
42
20%
$1,496,000
-18%
Date
© Westside Estate Agency
20
Miami market view
metro Miami overview Price in millions
avg. Price Per Transaction
DECEMBER 2016
3.0
Number of Sales
2.5
HHHHH
2.0
AVg. Price per transaction $
1.5 1.0
1,998,858
0.5
DECEMBER 2007
0.0
Number of Sales
DEC
H = 20
2007
2010
2014
2015
2016
H = 20
HHHH
number of sales avg. Price per transaction $
2,062,566
DECEMBER 2016 vs 2007 DEC
2007
2010
2014
2015
2016
+36% Sales
-3% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
DEC 2016
99
-34%
$1,998,858
-25%
DEC 2015
151
-14%
$2,662,735
12%
DEC 2014
176
38%
$2,377,616
19%
DEC 2010
128
75%
$2,000,777
-3%
DEC 2007
73
baseline
$2,062,566
baseline
YTD 2016
1731
-17%
$2,261,032
-3%
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
73
$4,762,686
103
41%
$4,940,727
4%
192
86%
$6,083,891
23%
90211
9
$1,645,002
19
111%
$1,532,895
-7%
25
32%
$1,756,740
15%
90069
42
$2,498,476
46
10%
$2,097,707
-16%
96
109%
$3,771,484
80%
90077
43
$3,882,214
50
16%
$2,363,500
-39%
87
74%
$6,504,293
175%
90046
65
$1,694,922
91
40%
$1,042,527
-38%
196
115%
$1,721,663
65%
90265
67
$5,688,769
67
0%
$3,769,276
-34%
152
127%
$3,558,753
-6%
90272
87
$3,126,075
118
36%
$2,218,926
-29%
202
71%
$3,385,424
53%
90024
22
$2,191,409
35
59%
$2,147,929
-2%
64
83%
$5,509,792
157%
90049
70
$2,914,450
115
64%
$2,187,470
-25%
187
63%
$3,422,239
56%
90025
23
$1,158,457
28
22%
$1,002,179
-13%
36
29%
$1,331,208
33%
90402
30
$3,361,617
53
77%
$2,456,811
-27%
62
17%
$3,955,734
61%
90005
4
$1,547,500
11
175%
$1,093,091
-29%
16
45%
$1,590,188
45%
90027
41
$1,322,625
50
22%
$1,018,320
-23%
118
136%
$1,572,042
54%
90064
78
$1,290,814
85
9%
$1,120,088
-13%
147
73%
$1,407,121
26%
90291
49
$1,290,367
71
45%
$1,039,035
-19%
143
101%
$1,830,916
76%
90292
7
$1,723,571
17
143%
$1,498,000
-13%
30
76%
$2,039,837
36%
90293
6
$1,804,250
19
217%
$1,350,895
-25%
29
53%
$1,250,862
-7%
Miami
1223
$2,007,716
1027
-16%
$1,944,666
-3%
2206
115%
$2,229,421
15%
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
239
24%
$6,358,278
5%
251
5%
$6,007,608
-6%
244%
26%
32
28%
$2,051,203
17%
26
-19%
$2,110,615
3%
189%
28%
129
34%
$3,675,031
-3%
141
9%
$3,641,767
-1%
236%
46%
96
10%
$6,176,089
-5%
108
13%
$5,276,894
-15%
151%
36%
258
32%
$1,707,526
-1%
275
7%
$1,797,934
5%
323%
6%
168
11%
$4,081,291
15%
212
26%
$4,323,627
6%
216%
-24%
224
11%
$3,420,445
1%
263
17%
$3,595,428
5%
202%
15%
56
-13%
$3,042,348
-45%
92
64%
$4,955,187
63%
318%
126%
215
15%
$3,877,662
13%
271
26%
$3,594,404
-7%
287%
23%
63
75%
$1,415,461
6%
66
5%
$1,445,447
2%
187%
25%
77
24%
$4,292,903
9%
95
23%
$4,418,006
3%
217%
31%
33
106%
$2,069,212
30%
36
9%
$1,763,158
-15%
800%
14%
135
14%
$1,527,371
-3%
165
22%
$1,635,575
7%
302%
24%
159
8%
$1,445,767
3%
220
38%
$1,750,430
21%
182%
36%
158
10%
$1,953,807
7%
175
11%
$2,005,501
3%
257%
55%
29
-3%
$2,403,897
18%
32
10%
$2,155,172
-10%
357%
25%
35
21%
$1,819,840
45%
42
20%
$1,496,000
-18%
600%
-17%
2079
-6%
$2,324,082
4%
1731
-17%
$2,261,032
-3%
70%
16%
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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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