Nicole Costas' Market Report

Beverly Hills, CA

Single-Family Homes

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



Beverly Hills, CA

Tue Oct 19 2021
This week the median list price for Beverly Hills, CA is $9,995,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has decreased to 157. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Beverly Hills, CA

Tue Oct 19 2021
This week the median list price for Beverly Hills, CA is $9,995,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has decreased to 157. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Beverly Hills market.
Median List Price $9,995,000
Median Price of New Listings $6,950,000
Per Square Foot $1,754
Average Days on Market 164
Median Days on Market 105
Price Decreased 27%
Price Increased 3%
Relisted 19%
Inventory 157
Median Rent $16,975
Market Action 34
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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 12,174 1 - 2.5 acres 6 10 24 2 2 182
$14,995,000 6,866 0.5 - 1 acre 6 7 56 2 2 84
$7,495,000 5,200 0.25 - 0.5 acre 5 6 55 3 1 105
$3,320,000 2,860 8,000 - 10,000 sqft 4 4 57 4 4 63