The Beverly Hills, CA Luxury Real Estate Market Report is published...

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Real Estate Agent with Berkshire Hathaway HomeServices 01238708
https://activerain.com/droplet/5787

The Beverly Hills Luxury Real Estate Market Report is published…

www.endrebarath.com

There are very few Real Estate Markets like the Beverly Hills one anywhere else. Every time I write a Market Trends Report, I feel obligated to repeat myself for those who see it for the first time. In good conscience, you cannot combine it into simply one market report.

I break the report out into four different Median Price Points to be able to give a more realistic Real Estate Market Report for Beverly Hills, CA. for everyone to see and understand.

So, with that said let’s look at the four Market Segments:

Median Price    Living Sq Ft      Lot Size        # of Bedrooms  #of Bathrooms  and  Days on Market (DOM)

 

$2,750,000.00     2,960        .25 acres or less           3                               3                                160

$5,500,000.00     4,600        .25 -.5 acres                  4                              4.5                              121

$9,950,000.00     5,750         .5 -  1.0 acres               5                                5                               135

$22,500,000.00   1,0950       1 – 3 acres                   6                               9.5                             181

 

So, with that said most people want to know: How is the market? By analyzing the current rate of sales versus the amount of inventory we determine the Market Action. As I mentioned before there is clear evidence of recent slowing. The prices and the inventory levels remained relatively unchanged in the past few weeks. This in turn is showing that the prices remain around their high point. Over all if you asked is it a buyer’s or a seller’s market I would say that it is favoring the buyers as we speak.

Now if you are interested in the Ultra Luxury Real Estate Market feel free to reach out to me directly if you want to know the answers before I publish it. Just for information purposes as of today the most expensive home in Beverly Hills is for sale at an asking price of $129,000,000.00

At the other end of the spectrum the least expensive home on the market has an asking price of $882,000.00 virtually land value.

If you would like to have a confidential assessment of the value of your home, please reach out to me directly either via my mobile or via email whichever is more convenient for you.

On the other hand, if you are into simple statistics:

The Median List Price in Beverly Hills, CA is around $6,995,000.00

The Price per Square Foot is around $1,345.00

The Days on Market is around 150

  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  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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Topic:
Real Estate Market Trends
Location:
California Los Angeles County Beverly Hills
Groups:
Marketing To International Buyers
Local Expert
Market Reports
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2017 Market Trend Reports
Tags:
endre barath
beverly hills real estate market reports
endre barath beverly hills realtor
beverly hills real eastate
berkshire hathaway beverly hills realtor

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Rainmaker
2,812,237
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Endre, I am stopping by to say hello.  I've not been in the Rain much recently and just want to say Hello!  

Enjoy this blessed and beautiful day.

Sep 17, 2017 07:36 AM #1
Rainmaker
1,642,961
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Thank you for keeping is posted and up to date. Best of luck!

Sep 17, 2017 09:35 AM #2
Ambassador
2,799,201
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Endre - I always look forward to your market reports for Beverly Hills. Aside from their professionalism and insight, they're an interesting look into a real estate market unlike anything most of us ever deal with.

Sep 17, 2017 01:13 PM #3
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre you don't have to sell many properties at those prices to make a very good living :)

Sep 17, 2017 03:33 PM #4
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

You are the Real Estate expert in Beverly Hills Ca Endre Barath, Jr. 

Sep 17, 2017 06:48 PM #5
Ambassador
3,405,881
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Another wonderful Beverly Hills CA luxury real estate market report from you, Endre! You do sell homes in jaw-dropping price ranges, that's for sure! 

Hope you have a wonderful week!

Sep 17, 2017 08:38 PM #6
Rainmaker
4,797,811
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Endre.  Thanks for keeping us informed about the Beverly Hills CA Luxury Real Estate Market.

Sep 20, 2017 06:16 AM #7
Rainmaker
1,972,801
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Endre - I like the way you break it out otherwise you may totally overwhelm any potential buyer.  I am sure if it fits their budget you will find a way.

Sep 21, 2017 10:16 AM #8
Rainmaker
1,256,355
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Endre, 

$129 million is some large number!  One of the things I always enjoyed is touring our luxury homes and that would be a real treat in Beverly Hills. 

Sep 22, 2017 11:49 AM #9
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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