The Beverly Hills Real Estate Market Trends Report by Endre Barath

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Real Estate Agent with Berkshire Hathaway HomeServices 01238708
http://actvra.in/4YJJ

The Beverly Hills Real Estate Market Trends are published by Endre Barath, Jr.

www.endrebarath.com

Hard to believe we are in our second week of the New Year, hence I thought it would be valuable to see what the Real Estate Market Trends are for Beverly Hills, CA. This is the Single-Family Market Trends Report for the 90210-zip code.

The Market currently is hovering with a slight Buyer’s Advantage. We measure home sales vs. the amount of inventory and determine how the market is doing. Hence the easiest way to gage it is to see that prices are not moving higher until the excess inventory is in Escrow. As expected once inventory shrinks then the real estate market moves into the Seller’s Advantage.

Currently the Median List price for Beverly Hills, CA 90210 is around $6,350,000.00

The most expensive Listing in 90210 is $43,900,000.00 and the least expensive home is $925,000.00

The prices have been fluctuating for the past few weeks, in case you are wondering WHY, the answer is very simple, because we tend to lump the listings and sales into on statistic instead of breaking it out into four Quartiles. This action in turn makes the numbers invalid.  Just visualize a sale of $40,000,000.00 what it would do to the rest of the statistics.

So with that said let us look at the numbers:

 

Median Price               Sq. Ft.                Lot Size                  Bed      Baths             Days on Market

 

$19,259,000.00           9150                    .5- 1 acre                5            7                         155

 

$ 8,700,000.00           6200                    .25 - .5 acre              5            5                        162

      

$ 4,725,000                 4500                   .10 - .25 acre              4            5                       179

 

$ 2,530,000                  2800                   .06- .10 acre               3            2                      135

 

Now you have a better feel of how the Single Family Real Estate Market is doing in the 90210-zip code.

 

If you are considering buying or selling your home in Beverly Hills or vicinity please reach out to me directly for a confidential discussion.

 

If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at  http://www.endrebarath.com.  I am a Pet Friendly Realtor and I contribute a portion of my commission to local animal rescue organizations

 

 

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Rainmaker
2,887,986
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Endre

The Beverly Hills California real estate market posed to have a very good year in 2017.

Good luck and success.

Lou Ludwig

Jan 11, 2017 06:13 PM #6
Ambassador
2,227,380
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Endre - I always like looking at your 90210 market reports, and your analysis is always enlightening. It's a peek at a different world for us.

Jan 11, 2017 06:30 PM #7
Rainmaker
2,129,044
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Maria Sapio  I usually do a separate Trend report for the over $50million, I consider that as the Ultra Luxury Market:) Endre

Jan 11, 2017 06:44 PM #8
Rainmaker
2,350,188
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

What a terrific market to be in, especially as a Realtor!

Jan 12, 2017 04:07 AM #9
Rainmaker
2,281,076
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce - Short Sale

Lumping any kind of numbers skews them in a way that invalidates all of them.

Jan 12, 2017 05:17 AM #10
Rainmaker
2,381,661
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Pasadena CA Real Estate 818.516.4393 Cell

Hi Endre -- an interesting look at the Beverly Hills market -- it really is a unique place on Planet Earth.   

Jan 12, 2017 07:21 AM #11
Rainmaker
1,708,806
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Oh, a photo of one of my favorite places, Rodeo Drive. LOL. My team member Barb and I keep planning to hop a SW flight to the Beverly Hills Hotel for a weekend and do a little shopping, probably more looking than buying, LOL.

Love your report on Beverly Hills 90210. Seems like once you get into a little bit of land mass, the prices triple.

Jan 12, 2017 01:21 PM #12
Rainmaker
2,129,044
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gabe Sanders  and I have not even addressed the ultra luxury prices:)Endre

Jan 12, 2017 01:32 PM #13
Rainmaker
1,971,073
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Endre, Those stats make my head spin and certainly high outliners will skew the end results. I do not have to worry about those type sof things here in Katy!! ::))))

Jan 12, 2017 01:41 PM #14
Rainmaker
2,129,044
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

George Souto  I am all for a ballanced market:) Endre

Jan 12, 2017 05:01 PM #15
Ambassador
2,791,361
Debbie Reynolds
Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Your average market price range is so far above our high range. Location, location, location.

Jan 12, 2017 07:49 PM #16
Rainmaker
2,129,044
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Hannah Williams  all the excuses, Holidays, Elections and the list goes on and on why the inventory is not selling...in turn it creates a buyer's market until inventory increases more and buyers stell in to the market...Endre

Jan 12, 2017 11:44 PM #17
Rainmaker
2,129,044
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Elyse Berman  and if we add Brentwood, Pacific Palisades, Santa Monica, Venice and Malibu to the mix you would be shocked:))) Endre

Jan 12, 2017 11:45 PM #18
Rainmaker
2,129,044
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Lou Ludwig  indeed that is the word on the street:))Endre

Jan 12, 2017 11:49 PM #19
Rainmaker
2,129,044
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Dick Greenberg  since you always enjoy it, I feel an obligation to post this one in particular:) Endre

Jan 12, 2017 11:51 PM #20
Rainmaker
2,129,044
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400  keep in mind in 2016 230 sales took place in the 90210 zip code for Single Family Residences and there are approximately 10k Real Estate agents in the market....Endre

Jan 12, 2017 11:55 PM #21
Rainmaker
2,129,044
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sally K. & David L. Hanson  yes indeed we are on the same page, Endre

Jan 12, 2017 11:58 PM #22
Rainmaker
2,129,044
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael Jacobs  and you are being kind:)

Jan 12, 2017 11:59 PM #23
Ambassador
2,109,316
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Endre...what great real estate information on the Beverly Hills market. I hope you get a lot of leads off of this one. 

Jan 13, 2017 08:26 PM #24
Rainer
314,681
April Swenson
Coldwell Banker Ocean Shores Brokers - Ocean Shores, WA
CRS and Managing Broker - Ocean Shores Real Estate

Good job. You provide a good analysis of your market. I believe these types of posts/marketing is good for your business.

Feb 11, 2017 05:21 AM #25
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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