Beverly Hills Real Estate First Quarter 2013

Originally posted on April 10, 2013


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 Real Estate Market Report 1st Qtr 2013


Sold +/- Median +/- Active Median Pending
24  -42 $4,410,588 +47.82% 68 $6,997,000 33

Beverly Hills condo sales 

Sold +/- Median +/- Active Median Pending
26  -1 $775,000 -1.27% 27 $1,150,000 31

 

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. 6 beds, 1 full, 5 part baths
    Home size: 4,400 sq ft
    Lot size: 12,660 sqft
    Year built: 1971
    Parking spots: 4
    Days on market: 0
  2. 2 beds, 2 full baths
    Home size: 1,439 sq ft
    Lot size: 2.22 ac
    Year built: 1986
    Days on market: 4
  3. 3 beds, 2 full baths
    Home size: 2,180 sq ft
    Lot size: 12,546 sqft
    Year built: 1927
    Parking spots: 4
    Days on market: 4
  4. 5 beds, 5 full baths
    Home size: 5,376 sq ft
    Lot size: 21,441 sqft
    Year built: 1924
    Days on market: 7
  5. 5 beds, 5 full, 1 part baths
    Home size: 5,588 sq ft
    Lot size: 13,643 sqft
    Year built: 1929
    Days on market: 8
  6. 2 beds, 2 full baths
    Home size: 1,471 sq ft
    Lot size: 14,378 sqft
    Year built: 1974
    Days on market: 12
  7. 4 beds, 3 full, 1 part baths
    Home size: 3,009 sq ft
    Lot size: 7,650 sqft
    Year built: 1930
    Days on market: 12
  8. 3 beds, 2 full baths
    Home size: 2,543 sq ft
    Lot size: 5,990 sqft
    Year built: 1927
    Days on market: 13
  9. 2 beds, 3 full baths
    Home size: 2,116 sq ft
    Lot size: 17,835 sqft
    Year built: 1985
    Days on market: 14
  10. 2 beds, 2 full baths
    Home size: 1,720 sq ft
    Lot size: 15,123 sqft
    Year built: 1961
    Parking spots: 4
    Days on market: 15

See all Beverly Hills Homes for Sale.
(all data current as of 7/28/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the CONTACT FORM or call me at 310-473-6919

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