The Real Deal Los Angeles

Submarket Snapshot: Homes in Cheviot Hills in Q1 2016

Average price of a luxury home: $2.2M
By Hannah Miet | May 26, 2016 05:33PM

Rory Posin Cheviot Hills

Broker Rory Posin and a house he sold in Cheviot Hills

There were 17 homes over $1 million that sold in Cheviot Hills in the first quarter, according to a report by The Agency.

Houses in the area, which is said to be home to William Shatner and Jonah Hill, sold for an average of $2.2 million, and $746 a square foot. The homes sold at 4 percent above listing price.

As of April 2016, there were 16 homes on the market for an average price of $2.8 million. They listed at an average of $811 a square foot.