Beverly Hills Real Real Estate – 2011 Market Report And Analysis

Beverly Hills Real Estate 2011 Market Report

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 … [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...]

What Can you Buy for $1 Million in Los Angeles?

Using a Los Angeles Realtor for your Real Estate Needs

In many communities across the country $1 million will buy you a spectacular piece of real estate.  In Los Angeles $1 million may buy you a more modest house, depending on the area, and in some neighborhoods, such as Brentwood, Beverly Hills, Bel Air, etc. you may not find a home under $1 million. This will give you an idea of what you can buy for $1 Million in Los Angeles, Santa Monica, West Hollywood, Culver City, and Beverly Hills. Search Los Angeles Homes for Sale Los Angeles … [Read more...]

Beverly Hills Real Estate – Half-Yearly Market Report 2011

Beverly Hills Real Estate 2011 Market Report

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: … [Read more...]

Beverly Hills Housing Market Report – February 2011

dom

Are you thinking of buying or selling a Beverly Hills home, check out how the market is doing.  Be sure to click on each chart below for more detailed numbers by month. Overview of Beverly Hills single family home sales over past year to February 2011 The statistics to take note of are, in this case February 2010 vs February 2011 as these take seasonality out of the equation: February 2010 had one 18 – February 2011 had 11.  December 2010 had the highest number of sales – … [Read more...]

What Can You Get for Under $1 Million in Beverly Hills

Buying a Beverly Hills Homes Under $1 Million, What Can I Buy in Beverly Hills Under $1 Million

You want to buy a home in Beverly Hills but you don't want to spend millions of dollars. Unfortunately you will most likely not be buying a single family home in Beverly Hills under $1 million.   You can, however often find condo units available  for under $1 million. Let's see what the ever changing market brings us: Search condos for sale in Beverly Hills under $1 million Search single family homes for sale in Beverly Hills under $1.5 million I am sure you are curious, so … [Read more...]

Does the Mubarak Family Own Property in Beverly Hills?

Mubarak Purportedly Owns Property on Rodeo Drive, Interview Re Mubarak's Beverly Hills Holdings

After doing a tongue-in-cheek-post on a real estate blog site, about the Mubarak Family possibly owning property in Beverly Hills, specifically on Rodeo Drive, I was inundated with calls from the media, including an international newspaper. It is alleged that the Mubarak Family own property all over the world, in Manhattan, London, and Beverly Hills, most prominently, and that their Swiss bank account was frozen.  But no one knows for sure. However, the story caught enough attention for … [Read more...]

Beverly Hills Post Office on its Way to Broadway

Wallis Annenberg Center for the Performing Arts

Work is under way to turn the Depression-era Beverly Hills Post Office into a world class cultural center, the Wallis Annenberg Center for the Performing Arts, due to be completed in late 2012. Built in 1933 on the site of the Pacific Electric Railway Station, the Beverly Hills Post Office is on the National Register of Historic Places.  The United States Postal Service decided to close it in 1993 and sell it to the City of Beverly Hills who in turn offered a long term lease to the Beverly … [Read more...]

The End of an Era – Beverly Hills Friars Club to be Demolished

Friars Club Beverly Hills Demolished, The End of an Era in Beverly Hills

I remember when I first came to Los Angeles many years ago, going to the Friars Club in Beverly Hills and seeing the likes of Milton Berle, Suzanne Pleshette, and numerous other personalities wandering around. The buffet at the Friars Club was amazing.  More food than you could ever think of eating.  It was old Hollywood personified. This piece of Beverly Hills real estate is no more.  The Friars Club Beverly Hills, a branch of the famed New York establishment of the same name opened in … [Read more...]

Buying or Selling a Beverly Hills Home – How Did the 2010 Market Do?

Beverly Hills Real Estate, Beverly Hills Real Estate Market Trend

Are you thinking of buying or selling a Beverly Hills home? Wondering how the market is? You should not be waiting to sell your Beverly Hills home. The single family home market has move to a balanced one.  Six months inventory is balanced.  Over six months is a buyers' market and under six months a sellers' market. You can see from the one month column that now is the time to sell your Beverly Hills home. If you price it right, you could end up with multiple offers and a sales price … [Read more...]

Los Angeles Luxury Apartments – The Crescent Beverly Hills

Luxury Leasing at The Crescent Beverly Hills

Looking for rental accommodation in Beverly Hills? Are you relocating to Los Angeles?  Are you selling a home in Los Angeles and looking for somewhere to hang you hat for a while? There are many single family homes and condos, and apartments to choose from in Beverly Hills. Most require a minimum one year lease but some will make exceptions and offer six months. The Crescent Beverly Hills The Crescent, located at 155 Crescent Dr., is an upscale apartment building for those with … [Read more...]

Los Angeles Luxury Apartments – Blü Beverly Hills

Beverly Hills Luxury Apartments, Leasing in Beverly Hills, Beverly Hills Apartments

Looking for rental accommodation in Beverly Hills? Are you relocating to Los Angeles?  Are you selling a home in Los Angeles and looking for somewhere to hang you hat for a while? There are many single family homes and condos, and apartments to choose from in Beverly Hills. Most require a minimum one year lease but some will make exceptions and offer six months. Blü Beverly Hills Blü,  8601 Wilshire Blvd. is a sleek, 11 story full service building providing the height of elegance and … [Read more...]

Beverly Hills

Beverly Hills Real Estate Market Reports Single Family Homes under $2 million Single Family Homes over $2 million Condos under $2 million Condos over $2 million … [Read more...]

Beverly Hills Real Estate Condos, Over $2 Million

Beverly Hills Real Estate Luxury Condos

Beverly Hills luxury condo market The Beverly Hills luxury condo market is stuck.  There have been no sales over the past 3 months and with a 39 month inventory it will be a while before it comes back. See previous Beverly Hills luxury condo report See sales for Beverly Hills condos under $2 million … [Read more...]

Beverly Hills Real Estate Condos – Market Report

Beverly Hills Condos Under $2 Million

Beverly Hills condo market The Beverly Hills condo market under $2 million is slow but steady.  The median price is up slightly and average days on the market down.  Sales price vs list price remains around 94%.  With 8.88 months of inventory this is a buyers market. See previous Beverly Hills condo report See report on Beverly Hills condos over $2 million … [Read more...]

Beverly Hills Luxury Real Estate Market Report

Beverly Hills Market Trend

The Beverly Hills luxury real estate market is slow. With ten months of inventory this is a buyers market. The median price over the past year has risen, but so have the average days on the market, slightly. See previous Beverly Hills luxury real estate report Check out the report for Beverly Hills homes under $2 million … [Read more...]

Beverly Hills Real Estate Market Report

Beverly Hills Real Estate Statistics

The Beverly Hills real estate market for single family homes under $2 million is doing quite well. There is presently 4.33 months of inventory which points to a sellers market. The median price has remained steady over the past year and average sales price vs list price has remained in the low 90%. See the previous Beverly Hills real estate market report from homes under $2 million Check out Beverly Hills luxury real estate sales … [Read more...]

Beverly Hills Community Overview

90210 Community Summary Population Growth (since 2000)      -1% Population Density (ppl/mile)         2,111 Household Size (ppl)                             2.47 Households w/Children                      25.9% Housing Stability Annual Residential Turnover            14% 5+ Years in Residency                          41% Median Year in Residency                    … [Read more...]

Beverly Hills Real Estate Market Trend Condos over $2 Million

Beverly Hills Market Trend - Condos Over $2M

Beverly Hills real estate market trend condos over $2 million The Beverly Hills real estate market in the area of over $2 million condos is very slow.  Only 2 units have sold over the past 3 months and 7 over the past year.  Inventory is  13.5 months, heavily a buyers' market. Find Beverly Hills condos over $2 million … [Read more...]

Beverly Hills Market Trend – Condos Under $2 Million

Beverlly Hills Real Estate - Condos

The Beverly Hills real estate market in condos under $2 million is pretty slow.  With 12.71 months of inventory, this is still very much a buyers market. 6 months inventory is a balanced market. Find Beverly Hills condos for sale under $2 million … [Read more...]