Experience utmost privacy and spectacular estates on large lots in one of America’s most prominent and coveted neighborhoods. Bel Air is located North of Beverly Hills, with Holmby Hills to the East, and UCLA to the South on Sunset Boulevard. Bel Air is conveniently located minutes away from Interstate 405 to the West and a twisty stretch of Mulholland Drive on the North.
Bel Air homes are in high demand, due to the reduced inventory, meaning there are more potential buyers than sellers. The median sales price for homes in Bel Air is currently $1,800,000; which is a decrease of 18.2% compared to the market prices in the first quarter of 2015 when median sales price was at $2,200,00, making now an ideal time to purchase luxury real estate in Bel Air. The average price per square footage of homes in the neighborhood of Bel Air is $803, in comparison to properties in the greater Los Angeles area this price per square foot is 55.9% higher, with an average price per square foot for homes in Los Angeles at $51
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