Pendry Residences West Hollywood shatters record with two recent condo sales | Livabl
Los Angeles’ luxury real estate market is showing no signs of slowing down. Multi-million dollar home sales increased by over 100 percent annually during the second quarter of 2021, fuelled by rising inventory and growing optimism.
Two recent luxury condo sales suggest that perhaps the market has yet to reach its peak, with both transactions exceeding Los Angeles’ price per square foot record. A 2,681-square-foot condominium at Pendry Residences West Hollywood sold for $13 million, reaping $4,849 per square foot — $900 more than the previously-held record.
