Tue Oct 20 2020
This week the median list price for Beverly Hills, CA 90210 is $8,750,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 233.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$8,750,000|
|Per Square Foot||$1,529|
|Days on Market||209|
|Slight Buyer's Advantage|
While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$27,000,000||11,204||0.5 - 1 acre||6||10||24||0||2||217|
|$12,497,500||7,229||0.5 - 1 acre||5||7||59||5||3||192|
|$6,797,500||5,164||0.25 - 0.5 acre||5||6||50||5||3||260|
|$2,975,000||2,998||0.25 - 0.5 acre||4||4||61||7||4||168|