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
$1,295,000 : 411 North Oakhurst Drive, Unit 305, Beverly Hills2 beds, 3 full baths
$7,750,000 : 0 Ambassador Avenue, Beverly Hills5 beds, 6 full, 1 part baths
$10,995,000 : 1479 Carla, Beverly Hills4 beds, 4 full, 1 part baths
$1,249,000 : 200 North Swall Drive, Unit 358, Beverly Hills2 beds, 2 full, 1 part baths
$12,500,000 : 400 Castle Place, Beverly Hills5 beds, 6 full baths
$7,650,000 : 704 North Oakhurst Drive, Beverly Hills5 beds, 5 full, 1 part baths
$11,500,000 : 721 North Rexford Drive, Beverly Hills5 beds, 5 full, 2 part baths
$1,159,000 : 330 South Reeves Drive, Unit 101, Beverly Hills2 beds, 2 full, 1 part baths
1 bed, 1 full, 1 part baths
$1,399,000 : 155 South Elm Drive, Unit 101, Beverly Hills4 beds, 3 full, 1 part baths
See all Beverly Hills Homes for Sale.
(all data current as of 7/1/2015)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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