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2017 ANNUAL REPORT

A Banner Year.

 
 

Welcome to the Hilton & Hyland 2017 Annual Report. As the leading Los Angeles luxury real estate brokerage, Hilton & Hyland outpaced the local luxury market with an average median sales price of $9.97 million, 28% higher than the overall luxury market average. The firm also enjoyed a record-breaking sales volume of $3.3 billion and a massive 42% share of the ultra-lux market in 2017. In fact, David Kramer Group achieved the Top Two Highest Sales in Santa Monica.

 

Data compiled by The MLS.

 

The Hilton & Hyland Story

 
 

Partners Rick Hilton and Jeff Hyland established the firm in 1993 with the intention of creating a small real estate boutique that would grow to meet the demands of the market, yet never outgrow a founding philosophy for meeting the uniquely individual concerns of each client. Together, they bring a dynamic and diverse range of resources to the firm. So do some 150 Hilton & Hyland agents, each chosen for their considerable accomplishments, as well as discerning ethics, in the marketing, purchase, and sale of luxury real estate.
 

Rick Hilton, whose grandfather founded the Hilton Hotel empire, has vast experience in residential sales and commercial financing and sales, as well as real estate development. As a principal, he developed Brentwood Country Estates, a 14-parcel, gated-guarded enclave in prestigious Mandeville Canyon. Jeff Hyland, a veteran broker and celebrated architectural historian, is a past president of the Beverly Hills Board of Realtors as well as the 30,000 member Los Angeles County Boards of Real Estate. 

Clearly one of the most recognized real estate figures in all of Southern California, Hyland was named “The Gatekeeper of Beverly Hills” by Town & Country magazine and “Best of the Best” by The Robb Report. Both partners are included in “The One Hundred Most Influential People in Los Angeles” by Haute Living Magazine.

It has often been said that the Los Angeles real estate market is unlike any other in the world. To that end, Rick Hilton and Jeff Hyland have built strong ties to the global marketplace while holding fast to the advantages of a small one-office company based in Beverly Hills. As founding affiliate of Christie’s International Real Estate, the firm is the only Los Angeles area broker represented by a company that has been bringing the world’s most influential – and affluent – buyers and sellers together for 230 years.

In matters of personal service, Hilton & Hyland’s commitment to their clients has long surpassed the standards by which other real estate firms are judged in the highly selective Los Angeles community as one of the most privileged places on earth.

 

$3.3B

sales volume

27%

IN-HOUSE tRANSACTIONS 

 

1

TOP PERFORMING LA LUXURY BROKERAGE

$5.9M

aVERAGE PRICE PER TRANSACTION

 
 
 

2017 Market Share

 
 

In 2017, we saw the Los Angeles luxury market continue to climb with a 16% increase in properties sold annually, while the median sales price increased 4% to $7.78 million respectively. Escrows tracked closer to sales than in 2016, reflecting a serious buyer willing to pay for the right property in 2017. As the leading LA luxury real estate brokerage, Hilton & Hyland outpaced the local luxury market with an average median sales price of $9.97 million, 28% higher than the overall luxury market average. The firm also enjoyed a record-breaking sales volume of $3.3 billion and a massive 42% share of the ultra-lux market in 2017. 

 


 

The Beverly Hills real estate market is never anything short of exceptional, and 2017 was no different. Hilton & Hyland enjoyed a 26% share of the luxury market, outperforming our nearest competitor by 13% in 2017. As the location of our sole office of operations, Beverly Hills will always be our preferred market. For generations, Bel-Air and Holmby Hills have ranked among the most prestigious residential communities in the city of Los Angeles. As of Q3 2017, the median sales price in Bel-Air was up 24.3% compared to Q3 2011. Hilton & Hyland enjoyed a 28% share of the luxury market in 2017.

 
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2017 $20M+ Market share

 
 
Pressure comes with the job, especially in our market. It’s important to take a moment, and celebrate our incredible successes.
— Rick Hilton, Chairman
 
 
All said and done,
it’s your reputation that counts.
— Jeff Hyland, President