As Southern California home prices hit an all-time high, we run down a list of affordable homes around L.A. County.
. Desperate to sell after moving to Florida during the pandemic, the Grammy-winning artist dropped the price of his ridge-top compound in Laurel Canyon to $10 million.Another celebrity seller popped up in Dana Point, where Michael Sugar — the Oscar-winning producer behind “Spotlight” and “13 Reasons Why” — put his coastal home overlooking the ocean on the market for $6.3 million.We also got a lovely ode to L.A.
The region’s six-county median sales price reached an all-time high of $693,500 in November, according to data from real estate firm DQNews. That’s 0.5% higher than in the previous month, October, and 15.6% higher than in November 2020. Sales rose 1.8% from that year-earlier period., the Southern California market was brutal for buyers on a budget.— far less than the county’s median price in November of $788,000.
He moved to Florida to quarantine in April, dropping $30 million on a waterfront mansion in Coral Gables. Since then, he’s been shopping around his two L.A. homes and sold the larger one —that resembles a supervillain’s lair more than a home — for $14 million. Michael Sugar — the film and TV producer behind “Spotlight,” “The Knick” and “13 Reasons Why” — has listedIt’s a short stay for Sugar. Records show he paid $5.1 million for the property earlier this year.
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