Often I get asked: “how is the real estate market faring in Beverly Hills?” First I am thrilled that these type of questions are back in the cocktail party conversations as well as that they are being asked by serious investors and interested potential buyers and sellers. It is nice that it is not just idle conversation starters, rather serious interest on how the...
Executive summary of the Beverly Hills, CA 90210 Single Family Homes Market Activity! Recently I was introduced to new Market Trends Report. This one is powered by Altos Research LLC. I guess they have been around a while, but I have not been exposed to them. So needless to say I was intrigued by their information. So I have been quietly watching the weekly...
Beverly Hills under Contract Properties by month is up by 14% Clearly a good sign that in spite of all the headlines that the market has cooled, the Beverly Hills Single Family Homes are moving along and at a relatively brusque pace. What I have also noticed is that although the list prices have increased quite a lot I have noticed a decrease in...
The Average Days on Market by Month for Single Family Homes has increased by 3%, in Beverly Hills, CA. Most people get a bit concerned when days on market increase. Now keep in mind In December 2013 the Average Days on Market was about 103 days. This is quite impressive considering the Median for Sale Price for a Single Family Residence in December 2013...
The Beverly Hills Supply & Demand by months statistics are down respectively 11% & 15%. Clearly something that would be a Headline for the Los Angeles Times. now let’s look at these numbers closer. December 2014 there were 94 Single Family Homes on the Market in Beverly Hills Proper. Now December 2014 there were 84 Single family homes on the market. Not that big...
Beverly Hills Single Family Residence For Sale Properties by Month is down 11%! Since November and now December 2014 we have noticed that the Single Family Homes inventory in Beverly Hills Proper has decreased. So some people reading this message this might be a bit concerned about the statistics, but lets dig deeper into the subject. November 2014 there were 91 Single Family Homes on...
