Former spouses Jennifer Lopez and Ben Affleck continue to be in the limelight even after they officially parted ways in January. Irrespective of the split, the duo continues to make important decisions together, especially regarding the sale of their Beverly Hills home. Now, a latest update, as per a source, suggests that the ex-spouses have decided to take the mansion off the market.
Jennifer Lopez and Ben Affleck took their Beverly Hills mansion off the market, says ‘source’
As per PEOPLE‘s source, Jennifer Lopez and Ben Affleck have taken their Beverly Hills house off the market after failing to find a buyer for a year. In June 2024, the news outlet reported that the ex-couple tried to sell the mansion off the market for privacy. The following month, Lopez and Affleck listed the mansion for sale at an asking price of $68 million. However, they were unsuccessful in finding a buyer for 10 months. As a result, the two stars decreased the asking price by $8 million. This brought the price of the property from $68 million to $59.9 million.
Nevertheless, Lopez and Affleck failed to find a buyer for their house for a year and have now taken it off the market. PEOPLE’s source stated, “While they’ve been hoping to sell the property, they’ve also been hesitant to take a big loss.” The individual added that the ex-couple “lowered the price to get more interest,” but when that did not happen, “they were advised to take it off the market.” The insider said, “It was a business decision that they made together.”
A real estate source also commented on this situation, stating, “It’s a rough sellers market and especially for that price point. Taking it off the market until it’s more of a seller friendly climate, seems like the smartest decision.” As of now, the public real estate records show the removal of the sale from the market.
Jennifer Lopez and Ben Affleck purchased the estate in May 2023 for $60.8 million. After listing the estate, the “Accountant” actor bought a new house for himself in Los Angeles for $20.5 million. Meanwhile, Lopez reportedly purchased a new house near the city for almost $18 million.
This story originally appeared on Realitytea
