The Beverly Hills, CA 90210 Single Family Market Trends Report is ...

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Real Estate Agent with Berkshire Hathaway HomeServices 01238708
https://activerain.com/droplet/5cy4

The Beverly Hills, CA 90210 Single Family  Market Trends Report for Beverly Hills, CA 90210 is published...

www.endrebarath.com

Thursday May 31, 2018 :


This week the median list price for Beverly Hills, CA 90210 is $6,095,500 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 200. Now keep in mind when inventory is holding steady that means for every property that is sold one is replaced by a new listing. Hence the Status Quo is maintained.

 So, what is the Market Action Index you might ask me?

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer. Now let’s be realistic if the median list price if around $6 million dollars it does not take a great deal of understanding that not many buyers can afford these numbers. Hence with that said it is not surprising to any savvy buyer or seller or their representatives that they will have a slight buyer’s advantage.

 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price

 Lvg Sq. Ft.

Lot Size

Beds

Bath

DOM

New

Absorbed

DOM

$23,950,000

9,500

0.5 - 1 acre

6

7

31

7

0

158

$8,125,000

6,000

0.5 - 1 acre

5

5

48

4

1

185

$4,599,500

4,800

0.25 - 0.5 acre

5

4

43

0

3

176

$2,699,000

2,890

0.25 - 0.5 acre

3

2

60

4

7

140

 www.endrebarath.com

If you are looking for a 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 http://www.endrebarath.com  I contribute a portion of my commission to local animal rescue organizations.

 

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Rainmaker
2,933,203
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

The Beverly Hills single family home market seems to be strong. What a terrific Real Estate town to be working and living in...

Jun 01, 2018 04:43 AM #1
Rainmaker
4,483,256
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 real estate market in Beverly Hills, CA.

 

Jun 01, 2018 05:23 AM #2
Rainmaker
2,821,039
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Endre. The pricing is certainly in rare air. Amazing you work in that market. Enjoy your day!

Jun 01, 2018 05:25 AM #3
Rainmaker
4,187,867
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jun 01, 2018 06:32 AM #4
Rainmaker
2,973,604
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Endre - and this report reflects the reality and not the fantasy of Beverly Hills real estate. 

Jun 01, 2018 07:40 AM #5
Ambassador
3,557,711
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre I should be use to it by now after reading several of your market reports throughout the years, but I still can't get over the housing prices in your area.

Jun 01, 2018 05:20 PM #6
Ambassador
2,755,733
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

And, any buyer in 90210 would be savvy to work with you, Endre. You KNOW the market and will help them achieve their Beverly Hills real estate goals!

Jun 01, 2018 08:14 PM #7
Rainmaker
2,863,627
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  it is a tough town, not for the faint at hear:)Endre

Jun 01, 2018 10:14 PM #8
Rainmaker
2,863,627
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gabe Sanders  I look forward to your referrals:) Endre

Jun 01, 2018 10:14 PM #9
Rainmaker
2,863,627
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Wayne Martin  Boston, MA was no picnic either, these price points are keeping everyone on their toes:)Endre

Jun 01, 2018 10:15 PM #10
Rainmaker
2,863,627
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gita Bantwal  thank you for stopping in and supporting me, Endre

Jun 01, 2018 10:16 PM #11
Rainmaker
2,863,627
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael Jacobs  you are absolutely right and the funny part is I did not even blog about the Ultra Luxury Market...Endre

Jun 01, 2018 10:17 PM #12
Rainmaker
2,863,627
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

George Souto  all it is is just an extra couple or more Zeroes:))Endre

Jun 01, 2018 10:18 PM #13
Rainmaker
2,863,627
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debe Maxwell, CRS  always appreciate your support, Endre

Jun 01, 2018 10:18 PM #14
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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