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 3/1/2015)

  1. 2 beds, 2 full, 1 part baths
    Home size: 1,720 sq ft
    Lot size: 2.22 ac
    Year built: 1986
    Parking spots: 2
    Days on market: 4
  2. 4 beds, 3 full, 1 part baths
    Lot size: 6,375 sqft
    Year built: 1931
    Days on market: 4
  3. 2 beds, 1 full bath
    Home size: 1,157 sq ft
    Lot size: 4,797 sqft
    Year built: 1926
    Days on market: 5
  4. 3 beds, 4 full baths
    Home size: 3,558 sq ft
    Lot size: 7,565 sqft
    Year built: 1982
    Parking spots: 2
    Days on market: 5
  5. 3 beds, 2 full baths
    Home size: 1,714 sq ft
    Lot size: 7,532 sqft
    Year built: 1925
    Parking spots: 2
    Days on market: 5
  6. 4 beds, 3 full baths
    Home size: 2,824 sq ft
    Lot size: 12,532 sqft
    Year built: 1926
    Days on market: 5
  7. 3 beds, 4 full, 1 part baths
    Home size: 3,618 sq ft
    Lot size: 12,270 sqft
    Year built: 1930
    Days on market: 5
  8. 5 beds, 6 full, 1 part baths
    Home size: 5,443 sq ft
    Lot size: 17,745 sqft
    Year built: 1939
    Days on market: 5
  9. 4 beds, 2 full, 2 part baths
    Home size: 4,100 sq ft
    Lot size: 6,494 sqft
    Year built: 2015
    Days on market: 7
  10. 6 beds, 8 full baths
    Lot size: 40,892 sqft
    Year built: 1949
    Days on market: 10

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

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