This spring, luxury brokers tasked with selling the priciest homes in Los Angeles had cause for concern. A soft overall market looked to be imperiling sales of the most extravagant properties — the coterie of estates with nine-figure listing prices, where 75-foot pools, private jogging trails, and chauffeur’s quarters come standard. In late June, Peter Morton’s Malibu estate sold for at least $100 million, setting a record but marking the first nine-figure deal in three
source https://therealdeal.com/2019/12/13/the-100m-club-las-priciest-mansions-are-having-a-moment/
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