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Beverly Hills

Beverly Hills homes are among the most expensive in the country, most of them north of Santa Monica Boulevard and up into the hills.  The flats of Beverly Hills, south of Santa Monica is a mix of single family homes, condos and multi-unit properties

 

The statistics below are taken directly from the MLS and are for single family homes.  They also don't take into consideration condos, income property and private sales.

12 Listings sold in December '09 up 100% over December '08. The most expensive was $13,000,000 in the hills, and the least expensive was $1,238,050 in the flats.

The median price of $2,465,000, up almost 20% over December '08.

However the days on the market for sold listings increased by over 100%.

Overall, the Beverly Hills market remains steady.

Below is a breakdown of last month's housing activity in Beverly Hills.

Beverly Hills

Beverly Hills

 

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Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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6 Comments on Beverly Hills California Market Report - December 2009

JAN
17
2010
624,134 Points 3 Featured Posts Outside Blog

The luxury market is something we don't review to frequently and a snapshot of a current perspective is nice to see. I always enjoy reviewing the statistics of our colleagues, and it's great to catch a glimpse how they're doing. Thanks for posting.

6:07pm • #1
562,539 Points 54 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

David,  thank you for dropping by. It is amazing at the vast difference in the price of homes across the country.  It puts things in perspective very quickly.

6:39pm • #2
344,772 Points 12 Featured Posts Outside Blog Called Shot Master

It's always fun to be reminded what each other's markets are like. I went to tour an open house yesterday that was $2.4 million, but unlike your area, that certainly isn't the norm here. Great information, Jane!

6:39pm • #3
562,539 Points 54 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Ruth, eye opening, isn't it.  If and when Candy Spelling sells her $150M home in Holmby Hills, eyes will really pop.

6:44pm • #4
JAN
19
2010
143,363 Points Hit Router

Jane,

Thanks for sharing the stats for Beverly Hills.  It's good to see that sales are moving in an upward motion!  Looks like the 90210 can look forward to a steady climb in 2010!

1:13am • #5
562,539 Points 54 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Michelle,  we can only hope that the whole country is headed that way.  Thanks for dropping by

11:05am • #6

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Jane Peters - Los Angeles Real Estate (310-473-6919)

Los Angeles, CA

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Power Brokers Int'l

Address: Beverly Hills, CA, 90210

Office Phone: (310) 473-6919

Cell Phone: (310) 351-9208

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A Los Angeles Realtor specializing in absentee owners, out-of-town buyers and those needing extra assistance with one of the most important transactions of their lives. Just sit back and relax! You are in capable hands.
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