The condo property at 1551 Michael Lane in the Pacific Palisades
In the Pacific Palisades, 15 condos sold in the fourth quarter for an average price of $949,718, according to a report by the Agency.
The units sold for an average of $597 a square foot, at 1.8 percent over listing price.
At the start of this year, there were 16 condos on the market in the area with an average price of $983,938, or $567 a square foot.