Beverly Hills real estate market report Sept. 2019

Beverly Hills Real Estate Market Report September 2019

[vc_row][vc_column][vc_column_text]Let’s check in on the Beverly Hills real estate market for September 2019 and compare with the same period over the past two years.

 

Homes for sale

 

Homes sold

 

 Median sales price

 

 

Months Supply

 

 

Data provided by The MLS/Infosparks deemed reliable but not guaranteed

Conclusion:

The availability of Beverly Hills single family homes has increased by 21% over the past two years while condos remains the same.

Overall sales of homes are down a little from last year and down significantly for condos.

The median price of single family homes is pretty steady and down 26% over last year for condos.

The time on the market for homes is way up over last year in both categories.

Months supply of inventory: Up to 4 months is a sellers’ market; 5-7 months is a stable market; over 7 months is a buyers’ market.

Based on the months supply of inventory, Beverly Hills real estate is in a buyer’s market.

More Beverly Hills market reports

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