Helping Real Estate Professionals
Beverly Hills, CA
Single-Family Homes
Local market data to help you create buyer & seller conversations courtesy of CallAction.co
Beverly Hills, CA
Wed Dec 04 2024
This week the median list price for Beverly Hills, CA is $7,795,000 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has decreased to 194.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.
Real-Time Market Profile
| Median List Price | $7,795,000 | |
| Median Price of New Listings | $6,800,000 | |
| Per Square Foot | $1,558 | |
| Average Days on Market | 201 | |
| Median Days on Market | 133 | |
| Price Decreased | 34% | |
| Price Increased | 1% | |
| Relisted | 18% | |
| Inventory | 194 | |
| Median Rent | ||
| Market Action | 27 | |
| Slight Buyer's Advantage | ||
Click for more charts
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 | 10,567 | 0.5 - 1 acre | 6 | 8.8 | 24 | 0 | 4 | 175 |
| $10,850,000 | 5,853 | 0.5 - 1 acre | 5 | 5.5 | 64 | 1 | 8 | 192 |
| $5,895,000 | 4,441 | 0.25 - 0.5 acre | 5 | 5.5 | 52 | 1 | 7 | 98 |
| $2,875,000 | 2,644 | 0.25 - 0.5 acre | 3 | 3 | 71 | 1 | 13 | 98 |