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Beverly Hills Real Estate 1st Qtr 2013 Review

By
Real Estate Broker/Owner with Home Jane Realty BRE# 01439865

With the common complaint of low inventory let’s check in on the Beverly Hills real estate market to see how the 1st Qtr. of 2013 compared to the 4th Qtr of 2012.    How is Beverly Hills being affected?

Sold +/- Median +/- Active Median Pending
24  -42 $4,410,588 +47.82% 68 $6,997,000 33

Beverly Hills condo sales 

Sold +/- Median +/- Active Median Pending
26  -1 $775,000 -1.27% 27 $1,150,000 31

 

Sellers Market Balanced Market Buyers’ Market
Less than 5 months 5 to 7 months More than 7 months

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

The sale of single family homes in Beverly Hills has dropped significantly and the absorption rate (the number of months it will take to sell the existing inventory) is low, pointing to a sellers’ market.  Not surprisingly the median price is up.

The Beverly Hills condo market is flat, with a slight drop in the median price.  Absorption here also reflects a sellers’ market.

Previous market reports

Beverly Hills Real Estate Market, The Year in Review
Beverly Hills Real Estate Market Report November 2012

Beverly Hills Real Estate Market Report October 2012

Beverly Hills Real Estate Half Yearly Market Report 2012
Beverly Hills Real Estate Market Report 1st Qtr 2012

Homes for sale in Beverly Hills

Showing properties 1 - 10 of 183. See more Beverly Hills Homes for Sale
(all data current as of 4/10/2013)

  1. Photo of 433 North DOHENY Drive #206, Beverly Hills, CA 90210 (MLS # SB13061794)
    2 beds, 2 full baths
    Home size: 1,326 sq ft
    Lot size: 21,746 sqft
    Year built: 1994
    Parking spots: 4
    Days on market: 2
     
  2. Photo of 2505 BOWMONT DR, Beverly Hills, CA 90210 (MLS # 13663229)
    4 beds, 2 full, 3 part baths
    Home size: 3,964 sq ft
    Lot size: 8,094 sqft
    Year built: 1958
    Parking spots: 5
    Days on market: 2
     
  3. Photo of 320 S MAPLE DR, Beverly Hills, CA 90212 (MLS # 13663245)
    5 beds, 5.5 baths
    Home size: 4,106 sq ft
    Lot size: 6,070 sqft
    Year built: 1926
    Days on market: 2
     
  4. Photo of 1465 BENEDICT CANYON DR, Beverly Hills, CA 90210 (MLS # 13663269)
    4 beds, 4.0 baths
    Home size: 3,705 sq ft
    Lot size: 9,058 sqft
    Year built: 1975
    Days on market: 2
     
  5. Photo of 2666 HUTTON DR, Beverly Hills, CA 90210 (MLS # 13663433)
    7 beds, 7 full, 3 part baths
    Home size: 7,000 sq ft
    Lot size: 25,451 sqft
    Parking spots: 22
    Days on market: 2
     
  6. Photo of 818 N WHITTIER DR, Beverly Hills, CA 90210 (MLS # 13663259)
    7 beds, 9 full, 3 part baths
    Home size: 8,766 sq ft
    Lot size: 20,207 sqft
    Year built: 1986
    Parking spots: 8
    Days on market: 2
     
  7. Photo of 2210 BOWMONT DR, Beverly Hills, CA 90210 (MLS # 13662977)
    4 beds, 2 full, 1 part baths
    Home size: 1,776 sq ft
    Lot size: 14,714 sqft
    Year built: 1922
    Days on market: 5
     
  8. Photo of 320 North Maple Drive #PH-3, Beverly Hills, CA 90210 (MLS # SB13060138)
    2 beds, 1 full, 2 part baths
    Home size: 2,090 sq ft
    Lot size: 37,501 sqft
    Year built: 1974
    Parking spots: 4
    Days on market: 5
     
  9. Photo of 249 S PALM DR, Beverly Hills, CA 90212 (MLS # 13662763)
    6 beds, 6.0 baths
    Home size: 3,850 sq ft
    Lot size: 6,070 sqft
    Year built: 1993
    Parking spots: 5
    Days on market: 5
     
  10. Photo of 607 N ELM DR, Beverly Hills, CA 90210 (MLS # 13662991)
    6 beds, 6.5 baths
    Home size: 4,859 sq ft
    Lot size: 12,196 sqft
    Year built: 1929
    Days on market: 5
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

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 call me at 310-473-6919



Read more: http://www.homejane.com/beverly-hills-real-estate-first-quarter-2013.html#ixzz2Q5M69HkS

Comments(11)

Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Jane, always enjoy viewing information on other communities.  Thanks for sharing with us.

Apr 10, 2013 04:16 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Ronald,  thank you for dropping by.

Apr 10, 2013 04:36 AM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Hi Jane, it looks like a few new listings are coming on, anyway.  I love the way you put these reports together and anyone can click on the link to learn more about each property.

Apr 10, 2013 06:06 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Hi Jane  You are the Beverly Hills RE expert

Apr 10, 2013 07:37 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Jane - I love your Beverly Hills real estate update.  Loved the listing information, a true glimpse into how they really do live in Beverly Hills!  For all of your Beverly Hills Real Estate needs call Jane Peters (310) 473-6919 !

Apr 10, 2013 07:59 AM
Broker Patty Da Silva Da Silva
Green Realty Properties® - 954-667-7253 - Cooper City, FL
Top Listing Broker

Jane,

I love seeing the listing you post and these are no exception.. this one is my favorite 320 S MAPLE DR, Beverly Hills

 

Apr 10, 2013 08:25 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Hannah,  too kind.

Laura,  thank you, as always.

Patty,  as I've said before, come on over.

Apr 10, 2013 11:13 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Jane - Great real estate market report, I love how you included all of your previous reports for Beverly Hills as well.

Apr 10, 2013 11:18 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Michelle, thank you.

Apr 11, 2013 05:25 AM
Kathy Schowe
California Lifestyle Realty - La Quinta, CA
La Quinta, California 760-333-8886

You do some work on these market reports!  I need to follow your lead and do the same for our area.  You are my role model!  Kathy

Apr 18, 2013 03:10 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Kathy,  thank you kindly.

Apr 19, 2013 04:27 AM