The Los Angeles real estate market is not one market. Beverly Hills is a world apart from the rest of Los Angeles so it will be interesting to look at how Beverly Hills compares with L.A. County statistics and California as a whole. The figures are based on the past three months, followed by the percentage change over the past year.
Median Home Value
Beverly Hills: $1,757,030
L.A. County: $380,310
California: $318,360
Median Listing Price
Beverly Hills: $1,499,500
L.A. County: $339,000
California: $285,800
Median Days on the Market
Beverly Hills: 145
L.A. County: 161
California: 175
12 Month Change in:
Median Home Value
Beverly Hills: -5.8%
L.A. County: 9%
California: 11.3%
Median Listing Price
Beverly Hills: 25.1%
L.A. County: 11.1%
California: 7.9%
Median Days on the Market
Beverly Hills: -6%
L.A. County: -9%
California: -13%
It is interesting to see that the Beverly Hills median listing price rose significantly even though the median home value dropped. And also eye-opening to see the median home value 418% higher than the rest of the county.
Homes for sale in Beverly Hills
For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.
Read more: http://www.homejane.com/beverly-hills-real-estate-trend-compared-to-l-a-county.html#ixzz2LTx3tI69
Comments(10)