Market Report
Beverly Hills, CA 90210
Single-Family Homes
Chartwell Escrow | 310.740.1708
Beverly Hills, CA 90210
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.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.
Real-Time Market Profile
| Median List Price | $8,750,000 | |
| Per Square Foot | $1,529 | |
| Days on Market | 209 | |
| Price Decreased | 34% | |
| Price Increased | 2% | |
| Relisted | 19% | |
| Inventory | 233 | |
| Median Rent | $22,500 | |
| Most Expensive | $160,000,000 | |
| Least Expensive | $1,065,000 | |
| Market Action | 26 | |
| 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.
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 |
|---|---|---|---|---|---|---|---|---|
| $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 |