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The Single Family Real Estate Market Review for 2018 in Beverly Hills

By
Real Estate Agent with Berkshire Hathaway HomeServices California Properties 01238708

The Single Family Real Estate Market Review for 2018 in Beverly Hills is very telling. Today is 12/30/2018 hence it is a great time to reflect and look at the actual transactions for the Beverly Hills Proper Single Family Activity Statistics for the past twelve months.

 

Listing Status

Status Count
Active 89
Active-Contract 8
Hold 3
Pending 5
Sold 118
Total 223

Statistical Summary

Statistic Bedrooms Bathrooms Square Feet List Price Sold Price DOM
Minimum 0 0.00 0 $310,000 $1,780,000 0
Average 5 5.75 5,247 $10,602,629 $7,203,539 89
Median 4 5.00 4,495 $7,495,000 $5,941,250 65
Maximum 19 29.00 20,829 $135,000,000 $27,625,000 511
Total Volume       $2,364,386,396 $850,017,675  

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DOM and Average % of List Price received on Solds Statistics

Statistic 0-30 Days 31-60 Days 61-90 Days 91-120 Days 120+ Days
No. of Listings 46 23 14 9 26
Breakdown % 38.98 19.49 11.86 7.63 22.03
Avg SP%LP 98.61 99.48 93.66 90.75 92.40

 

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Should you  have any questions or would like more information on the specifics of these statistics please reach out to me directly. Let's formulate a plan on how to sell your home in Beverly Hills Proper. If you are interested in how to get the most money in this market feel free to call me!

If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly!

If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! 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 at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com  I contribute a portion of my commission to local animal rescue organizations.

 

 

 

Chris B Johnson REALTOR®
Allison James Elite - Moorpark, CA
5 Star Rated REALTOR® Quality, Not Quantity

Thank you Endre Barath, Jr.  for the womderful, HyperLocal BH Market Update.

Have a great 2019 :)

Dec 30, 2018 01:16 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre 38.98% of the listings are only on the market for up to 30 days.  That is pretty good in my book.

Dec 30, 2018 02:32 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Nice Beverly Hills stats, Endre! I noticed that average list price is $3M higher than average sales prices - that is significant! If not for over-pricing, sellers may be down to under 7 days for every listing! LOL

Dec 30, 2018 03:55 PM
John Pusa
Glendale, CA

Endre Barath, Jr. very comprehensive valuable market report for Beverly Hills. Home-buyers & Home-sellers need to contact for real estate needs.

Happy New Year & Success in 2019.

Dec 30, 2018 06:54 PM
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Dec 30, 2018 06:56 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Chris B Johnson  thank you for stopping in and commenting, wishing you a Prosperous New Year, Endre

Dec 30, 2018 09:55 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

George Souto  great point:) Happy New Year in case we do not connect, Endre

Dec 30, 2018 09:56 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debe Maxwell, CRS  in these price points we call that "ego pricing":)Endre

Dec 30, 2018 09:57 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

John Pusa  thank you for your contribution to this post, wishing you a Happy & Prosperous New Year, Endre

Dec 30, 2018 09:58 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Valeria Mola  thank you for the good wishes, and wishing you a Prosperous New Year too, Endre

Dec 30, 2018 09:59 PM