Agent Nicole Plaxen of The Beverly Hills Estates is showcasing a $118 million mansion in Bel Air. Mark Wahlberg sold his Beverly Hills mansion for $55 million, a bargain due to looming mansion tax. Paris Hilton and Carter Reum bought the property for $63 million, making it the most expensive sale in June.
Los Angeles dominated the list of top 10 most expensive homes sold in June, with five properties in California. Nicole Plaxen notes that demand from foreign buyers, especially from China, is driving luxury real estate sales in Beverly Hills and Bel Air. A $32 million LA spec home was sold to Fashion Nova’s CEO, who is using it as a temporary residence.
Florida had three top 10 sales in June, including a Palm Beach spec house sold for $38.8 million. The other top 10 listings in the US in June included properties in Beverly Hills, Miami Beach, Palm Beach, New York, and Nevada. High-end listings are rapidly hitting the market, with buyers showing strong interest and making offers.
Read more at CNBC: LA luxury real estate booms, led by Paris Hilton’s $63 million mansion
