Beverly Hills Real Estate and Homes for Sale $1 Mil+ May 2013.
The statistical information for the City of “Beverly Hills, California” for Single Family Residential (SFR) Detached homes is extracted using CRMLS.
Month’s Supply of Inventory (MSI)- Thischart showsthe time, in months, that it would take to “sell” the remaining inventory for the month in question. This metric is a “one number summary” of how market supply and demand are changing from month to month. (0-3 months– indicate that supply & demand are converging, 4-6 months – indicate that S&D are in balance, 7+ months – indicate that S&D are diverging). This month shows a slight increase compared to the last month.
Sales $ Volume- Thischart showsthe spending trend of the buyers in the market and can be used as one of the indicators to show how the buyers see the market. This month shows an increase compared to the last month.
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