Submarket Snapshot: Homes on the Sunset Strip in Q1 2016

The Sunset Strip in West Hollywood
The Sunset Strip in West Hollywood

There were 81 homes that sold on the Sunset Strip for more than $1 million in the first quarter, according to a report by the Agency. 

Sales volume was flat when compared with the same period last year, but pricing increased. The average price for a luxury home over $1 million rose 18.6 percent to $3.36 million.

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The average price per square foot rose 15.2 percent to $1,096.