How is the Beverly Hills Real Estate Market? 3rd Qtr 2014

Beverly Hill new homes per month September 2014

How is the Beverly Hills real estate market doing? We are already in the 4th Quarter of 2014 so it's time to check in on sales of single family homes. The median price of sold properties has only dropped 1% over the previous year, and improvement over the previous quarter. At the end of June the median price of sold properties was down 32%. This quarter shows a vast improvement. There is still a disconnect between the asking price and sold price, a 37% difference. This is not unusual … [Read more...]

Beverly Hills Real Estate Half-Yearly Report 2014

Beverly Hills real estate market report October 2012

Let's see how the Beverly Hills real estate market is doing so far this year and compare it to the same period in 2013. Since the demographics of Beverly Hills vary the stats are broken down by zip code. 90210 Sold +/- Median +/- Active Median Pending 30 +5 $6,425,000 +14.29% 49 $9,380,000 11 90211 … [Read more...]

Beverly Hills Homes for Sale 1st Qtr 2014 Market Report

Beverly Hills real estate market report October 2012

It's time to take a look at the Beverly Hills real estate market. Let's see how the first quarter of 2014 compares to the same period last year. Beverly Hills home sales Sold +/- Median % +/- Active Median Pending 33 +9 $5,325 +20.73% 59 $6,999,000 26 Beverly Hills condo sales Sold +/- Median % +/- Active Median Pending 25 -1 $1,225,000 +58.06 40 $1,214,600 11   Sellers Market Balanced Market Buyers' Market Less … [Read more...]

Beverly Hills Homes for Sale 2013 in Review

Let's see how the Beverly Hills real estate market performed in 2013 as compared to 2012. Is it a sellers' or a buyers' market?  Are sales and median price up or down? Since the demographics of Beverly Hills vary the stats are broken down by zip code. Beverly Hills Single Family Homes 90210 Sold +/- Median +/- Active Median Pending 284 -15 $3,286,678 +13.52% 123 $4,500,000 40 90211 … [Read more...]

Beverly Hills Real Estate 3rd Qtr 2013 Market Report

Homes for Sale in Beverly Hills

It's time to check in and see how the Beverly Hills real estate market performed compared to the 2nd Qtr. of 2013.  How is the luxury makret doing? Since the demographics of Beverly Hills vary the stats are broken down by zip code. Beverly Hills Single Family Homes … [Read more...]

Beverly Hills Real Estate 2nd Qtr 2013 in Review

Beverly Hills real estate market report 2nd Qtr 2013

Let's see how the Beverly Hills real estate market is doing compared to the 1st Qtr. of 2013.  Has the inventory improved?  How about the number of sales? Since the demographics of Beverly Hills vary the stats are broken down by zip code. Beverly Hills Single Family Homes … [Read more...]

Beverly Hills Real Estate First Quarter 2013

Beverly Hills Real Estate Market Report 1st Qtr 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? 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 … [Read more...]

Beverly Hills Real Estate Market Trend Compared to L.A. County

Compare Beverly Hills real estate sales to the rest of L.A. County

The Los Angeles real estate market is not one market.  Beverly Hills is a world apart from the rest of Los Angeles so it will be interesting to look at how Beverly Hills compares with L.A. County statistics and California as a whole.  The figures are based on the past three months, followed by the percentage change over the past year. Median Home Value Beverly Hills:  $1,757,030 L.A. County:  $380,310 California:  $318,360 Median Listing Price Beverly Hills:  $1,499,500 L.A. … [Read more...]

Beverly Hills Real Estate Market | The Year in Review

Beverly Hills real estate 2012 in review

Another year has passed and it is time to check in on the  Beverly Hills real estate market to see how 2012 sales fared.  Is it a buyers' or a sellers' market? The Los Angeles area is a strong sellers' market right now.  Inventory is low and buyers are becoming frustrated in their search.  The Beverly Hills market is no exception. Sold +/- 2011 Range Median +/- 2011 Active Range Median Pending 169  +11 $1,000,000 to $36,500,000 $3,997,500 +42.61% 60 $1,625,000 to … [Read more...]

Beverly Hills Real Estate Market Report November 2012

Beverly Hills real estate market report November 2012

As with most  areas of Los Angeles, Beverly Hills buyers are anxiously awaiting new inventory. The Beverly Hills real estate market is a unique one given the wide variation in home prices.  *The sale of a several high priced homes in one month and lower priced homes in another is going to affect the median price in a not too meaningful way.  Next month we will look at the sales for the year which will paint a more accurate picture. Sales and under contract properties reflect the status … [Read more...]

Beverly Hills Real Estate Market Report October 2012

Beverly Hills real estate market report October 2012

Let's check in on the Beverly Hills real estate market.  Are we seeing more sales, new inventory? OCTOBER BEVERLY HILLS SINGLE FAMILY MARKET REPORT # Homes List/Sales Price  For sale  73 $1,375,000 to $58,000,000  Under contract  33 $995,000 to $14.900,000  Sold  25 $1,275,000 to $9,180,000  October sold median price $2,870,000 COMPARISON TO SEPTEMBER  For sale +6  Under … [Read more...]

Beverly Hills Real Estate Market Report | August 2012

Beverly Hills Real Estate Market Report, Beverly Hills Home Sales

Let's see how the Beverly Hills real estate market is doing compared with a year ago - August 2012. All information provided by MLS/CLAW is deemed accurate but is not guaranteed.  Single family homes Month Sold Median For Sale Median Difference List vs Sold New on Market  Months Supply of … [Read more...]

Beverly Hills Real Estate | Half Yearly Market Report June 2012

How is the Beverly Hills Real Estate Market Doing?

Let’s see how the Beverly Hills real estate market did for the first half of 2012 and compare it to the First Quarter. The numbers are taken from the MLS/CLAW and are deemed reliable but not guaranteed.  Also, they reflect single family home sales only. Number sold:  68 - 40 in the 2nd Qtr  which is a 42.86 increase over the 1st Qtr. Median price:  $4,387,500 - 2nd Qtr $4,787,500 which is a 17.48% increase over the 1st Qtr. 27 homes are under contract. There are 101 active listings. … [Read more...]

Beverly Hills Housing Market Review May 2012

How is the Beverly Hills Real Estate Market Doing?

Like many of Los Angeles County's most desirable areas, the Beverly Hills housing market has various price points.  The report below is broken down into 4 for single family and 2 for condos.   Beverly Hills Homes Under $2 Million Sold Median Avg Price Per SF Sold May Active In Escrow New May Absorption 8 $1,210,000 $638.16 1 13 13 2 Not surprisingly, homes under $2 million in Beverly Hills are selling quite well.  There are 13 homes in escrow which … [Read more...]

Beverly Hills Real Estate Market Report | 1st Quarter 2012

Search Homes for Sale in Beverly Hills, Beverly Hills Real Estate Listings

Let's see how the Beverly Hills real estate market did in the 1st Quarter of 2012 as compared with the same period in 2011. The numbers are taken from the MLS/CLAW and are deemed reliable but not guaranteed.  Also, they reflect single family home sales only. Number sold:  28, a 20% decrease over the same period last year. Median price:  $4,075,000, a 54.65% increase over the same period last year. There are 100 active listings.  With an average sale of 9.33 homes per month there is an … [Read more...]

Median Home Prices in Beverly Hills Over The Past 10 Years

Median home prices in Beverly Hills over the past ten years

Median home prices in Beverly Hillsover the past 10 years reflect how unique this market is.  There are not too many areas in the country with a median home price of $4.425 Million. Data provided by MLS/CLAW is deemed reliable but not guaranteed The 4th Quarter of 2008 was the lowest at $2.1 Million with the highest being 3rd Quarter of 2007 at $4.425M.  And, if the 1st Quarter of this year is any indication,  $4.075, Beverly Hills median home prices are still beating the trend. Search … [Read more...]

Beverly Hills Housing Market Overview | January 2012

Beverly Hills Real Estate Market Report 1st Qtr 2013

How is the Beverly Hills Housing market doing so far this year?  Let's take a look. Beverly Hills single family homes under $1 million Not surprisingly.  There are none. Beverly Hills condos under $1 million Sold:  7 / +1 over same period last year Median price:  $645,000/  -3.0%  over same period last year Active listings:  25 Absorption rate*:  5.56 months Beverly Hills single family homes $1 to $2 Million Sold:  0 /  -1 over same period Active listings:  11 Absorption rate*: … [Read more...]

Beverly Hills Real Real Estate – 2011 Market Report And Analysis

How is the Beverly Hills Real Estate Market Doing?

Another year as flown by and it is time to review the 2011 Beverly Hills real estate market. I have split the 2011 Beverly Hills real estate market report into four sections, single family by price breakdown and condos.  I have also shown relevant percentage comparisons with the 2010 statistics. What is Market Absorption? Market absorption trends show the rate that properties are selling compared with inventory which enables us to see if it is a sellers' or buyers' market. 6 months worth … [Read more...]

Beverly Hills Home Sales to Date This Year

Beverly Hills Real Estate Market Report, Beverly Hills Home Sales

We are coming towards the end of 2011 so it is a good time to check in on Beverly Hills home sales to date this year. Single Family Homes Sold Low High DOM Active Absorption Under $ 1 Million 5 $800,000 $995,000 64 0 - $1 to $2 Million 37 $1,016,000 $2,000000 75 11 2.9 $2 to $5 Million 50 $2,095,000 $4,800,000 72 24 14.4 Over $5 … [Read more...]

Beverly Hills Real Estate – Half-Yearly Market Report 2011

How is the Beverly Hills Real Estate Market Doing?

Wondering how the Beverly Hills real estate market did the first half of 2011 compared with 2010?  The numbers in red  in the sold section are the percentage difference over the same period last year. Beverly Hills Single Family Homes Sold:  73/  +2.8% Average Price Sold:  $3,632,569/ -8% Average Days on Market:  86/ -3% Average Sales to List Price:  86.19%/ -4% Active:  70 Average Price Active: $7,864,000 Average Days on Market:  108 Beverly Hills Condos Sold:  47/ … [Read more...]