With the common complaint of low inventory let’s check in on the Beverly Hills real estate market to see how the 1st Qtr. of 2013 compared to the 4th Qtr of 2012. How is Beverly Hills being affected?
Beverly Hills condo sales
|Sellers Market||Balanced Market||Buyers’ Market|
|Less than 5 months||5 to 7 months||More than 7 months|
Information provided by the MLS/CLAW deemed reliable but not guaranteed
The sale of single family homes in Beverly Hills has dropped significantly and the absorption rate (the number of months it will take to sell the existing inventory) is low, pointing to a sellers’ market. Not surprisingly the median price is up.
The Beverly Hills condo market is flat, with a slight drop in the median price. Absorption here also reflects a sellers’ market.
Previous market reports
Beverly Hills Real Estate Market, The Year in Review
Beverly Hills Real Estate Market Report November 2012
Beverly Hills Real Estate Market Report October 2012
Beverly Hills Real Estate Half Yearly Market Report 2012
Beverly Hills Real Estate Market Report 1st Qtr 2012
Homes for sale in Beverly Hills
$10,950,000 : 1865 CARLA, Beverly Hills4 beds, 5 full, 1 half baths
$13,900,000 : 520 STONEWOOD Drive, Beverly Hills4 beds, 6 full, 1 half baths
$9,995,000 : 1003 BENEDICT CANYON Drive, Beverly Hills3 beds, 4 full baths
$11,999,000 : 626 N ARDEN Drive, Beverly Hills6 beds, 10 full baths
$32,000,000 : 917 N CRESCENT Drive, Beverly Hills6 beds, 2 full, 6 three-quarter, 2 half baths
$23,000,000 : 1005 N REXFORD Drive, Beverly Hills8 beds, 10 full baths
$6,395,000 : 1121 TOWER Road, Beverly Hills7 beds, 5 full, 2 three-quarter, 2 half baths
$3,700,000 : 116 N ELM Drive, Beverly Hills5 beds, 3 full, 2 half baths
$7,995,000 : 633 N FOOTHILL Road, Beverly Hills6 beds, 5 full, 1 half baths
$3,675,000 : 345 S ROXBURY Drive, Beverly Hills6 beds, 4 full, 1 half baths
See all Beverly Hills Homes for Sale.
(all data current as of 8/25/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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