California’s Central Coast attracts luxury home value seekers

Chris Richardson, president of Richardson Properties, a Christie’s International Real Estate affiliate in San Luis Obispo, said luxury homebuyers have been zeroing in on California’s Central Coast, where they can find prices that are 25% to 40% of what comparable homes would cost in in L.A. or the San Francisco Bay Area.
For more of the emerging market trends defining global luxury real estate, watch the complete Global Luxury / Local Perspectives video series, and read Luxury Real Estate Rolls On Post Pandemic on the Luxury Defined blog.