First American Title

Beverly Hills, CA

Single-Family Homes



Beverly Hills, CA

Sun Dec 22 2024
This week the median list price for Beverly Hills, CA is $7,995,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has decreased to 185. Click here to stay informed with the Beverly Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Beverly Hills, CA

Sun Dec 22 2024
This week the median list price for Beverly Hills, CA is $7,995,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has decreased to 185. Click here to stay informed with the Beverly Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Beverly Hills market.
Median List Price $7,995,000
Median Price of New Listings $14,474,500
Per Square Foot $1,587
Average Days on Market 218
Median Days on Market 147
Price Decreased 36%
Price Increased 1%
Relisted 18%
Inventory 185
Median Rent
Market Action 28
Slight Buyer's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$30,997,500 10,554 0.5 - 1 acre 6 8.3 24 2 4 199
$10,900,000 5,778 0.5 - 1 acre 5 5.5 64 2 2 206
$5,925,000 4,444 0.25 - 0.5 acre 5 5 51 0 5 147
$2,795,000 2,444 8,000 - 10,000 sqft 3 3 70 2 7 84