sarah michelle gellar home sale Sparks Luxury Real Estate Bloodbath as Hollywood Castles Sell for Pennies
Celebrity real estate agent Molly Stevens calls the sale of the *Buffy* star’s Los Feliz mansion a “shot across the bow” for the market. The five-bedroom, sold for $2.35M—nearly $600K under the initial asking price—signals a brutal correction for ultra-high-end inventory. For the C-suite, this isn’t just a celeb headline; it’s a leading indicator of regional volatility, devaluing collateral for luxury developers and exposing over-leveraged portfolios in secondary markets. The buyer didn’t flinch; the seller’s accountant likely did.