Market Report

Beverly Hills, CA

Single-Family Homes

Chartwell Escrow



Beverly Hills, CA

Sun Oct 06 2024
This week the median list price for Beverly Hills, CA is $7,992,500 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has increased to 228. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Beverly Hills, CA

Sun Oct 06 2024
This week the median list price for Beverly Hills, CA is $7,992,500 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has increased to 228. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Beverly Hills market.
Median List Price $7,992,500
Median Price of New Listings $6,995,000
Per Square Foot $1,587
Average Days on Market 189
Median Days on Market 119
Price Decreased 33%
Price Increased 2%
Relisted 21%
Inventory 228
Median Rent
Market Action 29
Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

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
$29,995,000 10,723 1 - 2.5 acres 7 9 26 3 0 140
$11,500,000 6,088 0.5 - 1 acre 5 6 62 6 5 161
$5,150,000 4,117 0.25 - 0.5 acre 5 5 62 5 4 105
$2,995,000 2,406 8,000 - 10,000 sqft 3 3 74 7 2 91