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. 5 beds, 6 full, 1 part baths
    Home size: 7,299 sq ft
    Lot size: 14,442 sqft
    Year built: 1994
    Parking spots: 6
    Days on market: 0
  2. 3 beds, 3 full, 1 part baths
    Home size: 2,314 sq ft
    Lot size: 34,988 sqft
    Year built: 1990
    Days on market: 0
  3. 5 beds, 4 full, 1 part baths
    Home size: 4,605 sq ft
    Lot size: 20,454 sqft
    Year built: 1950
    Days on market: 3
  4. 2 beds, 3 full baths
    Home size: 1,954 sq ft
    Lot size: 18,465 sqft
    Year built: 1975
    Days on market: 3
  5. 4 beds, 3 full baths
    Home size: 2,429 sq ft
    Lot size: 6,375 sqft
    Year built: 1927
    Days on market: 5
  6. 2 beds, 1 full, 1 part baths
    Home size: 1,074 sq ft
    Lot size: 5,608 sqft
    Year built: 1961
    Parking spots: 4
    Days on market: 5
  7. 4 beds, 3 full baths
    Home size: 1,950 sq ft
    Lot size: 4,793 sqft
    Year built: 1924
    Days on market: 7
  8. 3 beds, 3 full baths
    Home size: 2,468 sq ft
    Lot size: 7,014 sqft
    Year built: 1935
    Days on market: 7
  9. 6 beds, 7 full, 1 part baths
    Home size: 6,600 sq ft
    Lot size: 6,070 sqft
    Year built: 2010
    Days on market: 7
  10. 5 beds, 5 full baths
    Lot size: 17,006 sqft
    Year built: 1926
    Days on market: 7

See all Beverly Hills Homes for Sale.
(all data current as of 8/31/2015)

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

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