Nicole Costas' Market Report

Beverly Hills, CA

Single-Family Homes

DRE #01049913 | 323-630-6976 |nicole@nicolecostas.com



Beverly Hills, CA

Sun May 29 2022
This week the median list price for Beverly Hills, CA is $11,612,497 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 146. 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 Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Beverly Hills, CA

Sun May 29 2022
This week the median list price for Beverly Hills, CA is $11,612,497 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 146. 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 Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Beverly Hills market.
Median List Price $11,612,497
Median Price of New Listings $6,500,000
Per Square Foot $1,853
Average Days on Market 150
Median Days on Market 63
Price Decreased 23%
Price Increased 4%
Relisted 9%
Inventory 146
Median Rent
Market Action 33
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$32,500,000 12,220 1 - 2.5 acres 7 10.5 20 2 1 105
$14,997,500 6,996 0.5 - 1 acre 5 7 58 3 3 66
$7,900,000 5,535 0.25 - 0.5 acre 5 6 44 5 3 42
$3,000,000 2,872 8,000 - 10,000 sqft 4 4 64 9 7 49