By Rusty Weston Median list price
: $2.82 million City/town
: Bel Air, Calif. Year-over-year change
In Bel Air, nestled in the hills above Sunset Boulevard, great views command a hefty price tag. Media rooms are a must-have because many locals work in what’s known as “The Industry,” meaning Hollywood. One current listing
is a $29.9 million property that boasts 20,000-square feet in a “glorious, gated and private compound.” In ritzy Bel Air, it’s not enough to own a pool, you also need to have a cabana. Between August and September, median list price in the 90077 zip code shot up more than 16%, while prices across the U.S. rose by less than 1%.
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