Beverly Hills Real Estate Market Report | First Quarter 2012

Let’s see how the Beverly Hills real estate market did in the 1st Quarter of 2012 as compared with the same period in 2011.

The numbers are taken from the MLS/CLAW and are deemed reliable but not guaranteed.  Also, they reflect single family home sales only.

Number sold:  28, a 20% decrease over the same period last year.

Median price:  $4,075,000, a 54.65% increase over the same period last year.

There are 100 active listings.  The an average sale of 9.33 homes per month there is an absorption rate of 10.72 months.  This means that it will take 10.72 months to sell the existing inventory.  A balanced market is 6 months of inventory.  Anything above that does not favor sellers.

If you look at the absorption rate for homes below $4 Million, then the picture is a little rosier, with 7.62 months’ inventory.

As in most other L.A. areas, it is the luxury market which is still slow coming back.

Search homes for sale in Beverly Hills

Showing properties 1 - 15 of 291. See more Beverly Hills Homes for Sale. 
(all data current as of 4/21/2012)

1. $1,400,000 : 1336 BENEDICT CANYON DR, Beverly Hills
   
   3 beds, 3.0 baths

   Lot size: 15,250 sqft

   Year built: 1951

   Parking spots: 4

   Days on market: 1
    
2. $795,000 : 9672 YOAKUM DR, Beverly Hills
   
   3 beds, 2.0 baths

   Home size: 1,226 sq ft

   Lot size: 20,820 sqft

   Year built: 1951

   Parking spots: 4

   Days on market: 2
    
3. $3,599,000 : 9570 SUNSET, Beverly Hills
   
   6 beds, 8.0 baths

   Home size: 5,479 sq ft

   Lot size: 15,910 sqft

   Year built: 1960

   Parking spots: 7

   Days on market: 2
    
4. $4,195 : 320 N MAPLE DR, Beverly Hills
   
   2 beds, 2 full, 1 part baths

   Home size: 2,044 sq ft

   Year built: 1974

   Days on market: 2
    
5. $3,995,000 : 226 N REXFORD DR, Beverly Hills
   
   5 beds, 5.5 baths

   Home size: 5,000 sq ft

   Lot size: 17,756 sqft

   Year built: 1922

   Days on market: 2
    
6. $3,495,000 : 1260 SHADOW HILL WAY, Beverly Hills
   
   3 beds, 4.0 baths

   Home size: 3,257 sq ft

   Lot size: 27,600 sqft

   Year built: 1957

   Parking spots: 2

   Days on market: 2
    
7. $8,249,000 : 2481 Summitridge DR, Beverly Hills
   
   6 beds, 7.0 baths

   Home size: 8,049 sq ft

   Lot size: 1.06 ac

   Year built: 2002

   Days on market: 3
    
8. $2,945,000 : 329 S CLARK DR, Beverly Hills
   
   5 beds, 5.5 baths

   Home size: 3,900 sq ft

   Lot size: 6,000 sqft

   Year built: 2012

   Parking spots: 3

   Days on market: 3
    
9. $1,599,000 : 1635 TOWER GROVE DR, Beverly Hills
   
   4 beds, 4.0 baths

   Home size: 3,024 sq ft

   Lot size: 21,191 sqft

   Year built: 1959

   Parking spots: 2

   Days on market: 3
    
10. $5,995,000 : 13959 DURHAM RD, Beverly Hills
    
    5 beds, 6.0 baths

    Home size: 6,662 sq ft

    Lot size: 23,836 sqft

    Year built: 1999

    Days on market: 4
     
11. $10,650,000 : 802 N LINDEN DR, Beverly Hills
    
    7 beds, 7.5 baths

    Home size: 10,124 sq ft

    Lot size: 19,060 sqft

    Year built: 1986

    Days on market: 5
     
12. $1,597,500 : 9916 MARK PL, Beverly Hills
    
    3 beds, 4.5 baths

    Home size: 3,447 sq ft

    Lot size: 13,800 sqft

    Year built: 1975

    Parking spots: 4

    Days on market: 5
     
13. $749,000 : 9321 BURTON WAY, Beverly Hills
    
    3 beds, 3.0 baths

    Home size: 2,123 sq ft

    Year built: 1974

    Parking spots: 2

    Days on market: 5
     
14. $5,495,000 : 717 N CAMDEN DR, Beverly Hills
    
    5 beds, 6.0 baths

    Home size: 5,901 sq ft

    Lot size: 15,230 sqft

    Year built: 1929

    Parking spots: 7

    Days on market: 5
     
15. $17,500,000 : 904 BENEDICT CANYON DR, Beverly Hills
    
    14 beds, 14.0 baths

    Home size: 14,000 sq ft

    Lot size: 1.39 ac

    Year built: 1927

    Days on market: 6
     

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

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