Beverly Hills Real Estate First Quarter 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. 2 beds, 2 full baths
    Home size: 1,755 sq ft
    Year built: 1974
    Days on market: 3
  2. 5 beds, 3 full baths
    Home size: 2,614 sq ft
    Lot size: 4,797 sqft
    Year built: 1929
    Parking spots: 4
    Days on market: 5
  3. 2 beds, 2 full, 1 part baths
    Home size: 2,356 sq ft
    Lot size: 37,501 sqft
    Year built: 1974
    Days on market: 6
  4. 4 beds, 5 full baths
    Home size: 4,300 sq ft
    Lot size: 25,913 sqft
    Year built: 1960
    Days on market: 6
  5. 2 beds, 2 full, 1 part baths
    Home size: 1,817 sq ft
    Lot size: 8,401 sqft
    Year built: 1974
    Days on market: 6
  6. 4 beds, 5 full, 1 part baths
    Home size: 4,630 sq ft
    Lot size: 4,796 sqft
    Year built: 2004
    Days on market: 7
  7. 2 beds, 2 full baths
    Home size: 1,227 sq ft
    Lot size: 20,947 sqft
    Year built: 1986
    Days on market: 7
  8. 2 beds, 2 full, 1 part baths
    Home size: 2,044 sq ft
    Lot size: 18,264 sqft
    Year built: 1975
    Days on market: 10
  9. 3 beds, 1 full, 1 part baths
    Home size: 1,878 sq ft
    Lot size: 6,070 sqft
    Year built: 1924
    Days on market: 10
  10. 6 beds, 6 full, 1 part baths
    Home size: 5,626 sq ft
    Lot size: 14,805 sqft
    Year built: 1924
    Days on market: 10

See all Beverly Hills Homes for Sale.
(all data current as of 5/25/2015)

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

Leave a Reply

Your email address will not be published. Required fields are marked *

Animated Social Media Icons Powered by Acurax Wordpress Development Company