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

See all Beverly Hills Homes for Sale.
(all data current as of 5/3/2015)

  1. 4 beds, 2 full, 4 part baths
    Home size: 3,800 sq ft
    Lot size: 5,205 sqft
    Year built: 2015
    Days on market: 1
  2. 5 beds, 6 full, 1 part baths
    Home size: 6,830 sq ft
    Lot size: 20,441 sqft
    Year built: 2015
    Parking spots: 6
    Days on market: 2
  3. 2 beds, 1 full, 1 part baths
    Home size: 1,233 sq ft
    Lot size: 19,502 sqft
    Year built: 1974
    Days on market: 2
  4. 4 beds, 3 full, 1 part baths
    Home size: 2,083 sq ft
    Lot size: 19,057 sqft
    Year built: 1979
    Parking spots: 6
    Days on market: 2
  5. 4 beds, 3 full, 2 part baths
    Home size: 4,667 sq ft
    Lot size: 32,871 sqft
    Year built: 1962
    Parking spots: 4
    Days on market: 3
  6. 2 beds, 2 full, 1 part baths
    Home size: 2,025 sq ft
    Lot size: 19,791 sqft
    Year built: 1982
    Days on market: 3
  7. 5 beds, 4 full, 1 part baths
    Home size: 4,306 sq ft
    Lot size: 13,312 sqft
    Year built: 1982
    Days on market: 3
  8. 4 beds, 3 full, 2 part baths
    Home size: 4,667 sq ft
    Lot size: 32,871 sqft
    Year built: 1962
    Parking spots: 4
    Days on market: 3
  9. 2 beds, 2 full baths
    Home size: 1,105 sq ft
    Lot size: 12,992 sqft
    Year built: 1962
    Days on market: 3
  10. 5 beds, 4 full, 1 part baths
    Home size: 4,014 sq ft
    Lot size: 5,948 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 3

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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