- John Aaroe Group should be a dominant brokerage within the Los Angeles luxury market.
- The average home sold by the Brill Group is valued at more than $8.5 million.
- Brill Group and Sally Forster Jones Group sold a combined $457 million of properties in 2014.
One of the top luxury residential brokerages in the nation, Los Angeles-based John Aaroe Group just got stronger. The brokerage recently announced that Beverly Hills-based Brill Group has joined the firm, marking the merge of two top performing groups.
Real Trends recently ranked The Brill Group as the nation’s sixth best real estate team when it comes to the average sale price of closed listings. In 2014, the average home sold by Brill Group was valued at $8.547 million. In terms of overall sales volume, the group closed more than $128 million of transaction last year, ranking the firm 89th nationally.
“I’m a longtime admirer of the team,” said John Aaroe, founder and CEO of the group. “Their client-focused approach fits superbly with our own.”
One team already under John Aaroe Group, the Sally Forster Jones Group ranked as the ninth best team in the nation when it came to 2014 sales volume. According to Real Trends, the team sold $328.6 million worth of properties, with an average sales prices of $2.785 million.
Real estate agents with John Aaroe Group likely focus their attention on transactions in Los Angeles’ top luxury markets: Malibu Beach, Beverly Hills, Beverly Hills Post Office, Pacific Palisades, Santa Monica, Sunset-Strip-Hollywood Hills and downtown LA. These submarkets account for the most luxury transactions or the highest average sales prices in LA.