Beverly Hills Real Estate 3rd Qtr 2013 Market Report

It’s time to check in and see how the Beverly Hills real estate market performed compared to the 2nd Qtr. of 2013.  How is the luxury market doing?

Since the demographics of Beverly Hills vary the stats are broken down by zip code.

Beverly Hills Single Family Homes

90210

Sold +/- Median +/- Active Median Pending
83 +10 $3,350,000 +1.98% 87 $4,199,000 24

90211 

Sold +/- Median +/- Active Median Pending
11 = $1,545,000 +3.56% 8 $1,995,000 0

90212

Sold +/- Median +/- Active Median Pending
9 +2 $2,375,000 -9.52% 5 $2,995,000 1

Beverly Hills Condos

90210

Sold +/- Median +/- 2011 Active Median Pending
7 -14 $880,000 -18.14% 12 $1,474,500 10

90211

Sold +/- Median +/- 2011 Active Median Pending
10 -1 $759,500 +8.5% 5 $675,000 3

90212

Sold +/- Median +/- 2011 Active Median Pending
9 = $893,500 -9.75% 7 $1,210,000 2

Information provided by the MLS/CLAW deemed reliable but not guaranteed

The sale of single family homes in Beverly Hills is up over the 2nd Qtr except for 90211 where it remains even. The median price is up slightly except for 90212.   The absorption rate (the number of months it will take to sell the existing inventor show a sellers’ market, except for 90210 which is bordering a buyers’ market.  This is based on sales over the past six months.

Beverly Hills condo sales are down overall  and except for 90211 the median prices are down.

Homes for sale in Beverly Hills

 

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