Justin Tye

Hidden Hills, CA

Single-Family Homes

Active Realty I REAL



Hidden Hills, CA

Fri May 24 2024
This week the median list price for Hidden Hills, CA is $7,995,000 with the market action index hovering around 24. This is an increase over last month's market action index of 22. Inventory has decreased to 31. Click here to stay informed with the Hidden Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Hidden Hills, CA

Fri May 24 2024
This week the median list price for Hidden Hills, CA is $7,995,000 with the market action index hovering around 24. This is an increase over last month's market action index of 22. Inventory has decreased to 31. Click here to stay informed with the Hidden Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Hidden Hills market.
Median List Price $7,995,000
Median Price of New Listings $18,496,500
Per Square Foot $1,561
Average Days on Market 163
Median Days on Market 126
Price Decreased 39%
Price Increased 3%
Relisted 10%
Inventory 31
Median Rent
Market Action 24
Slight Buyer's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. 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
$22,000,000 13,274 1 - 2.5 acres 7 8.5 10 1 2 119
$9,345,000 8,853 1 - 2.5 acres 5 7.5 38 0 0 178
$6,724,750 5,116 1 - 2.5 acres 5 5 54 1 1 98
$4,797,500 3,092 1 - 2.5 acres 4 3.3 54 0 0 136