The Bel Air, CA 90077 Single Family Market Trends Report

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

The Bel Air, CA 90077  Single Family Market Trends Report is published and there are some very telling directions to note...

www.endrebarath.com

 

 

As you can see inventory of Single Family Homes have been increasing month over month year over year in the coveted 90077 zip code also know ans Bel Air, CA.

 

Most savvy local Los Angeles Realtors noticed, that last year we had less activity for a number of reasons in the Greater Los Angeles area. At the same time we started seeing more activity this year and as you can see the month over month sales for 2019 are confirming these numbers.

We always look closely at the Days on Market statistics, because they confirm what we generally suspect. In this instance you can see that properties have been taking less time to sell. This is a combination of a few things. One of them Sellers and Listing Agents have been pricing the properties correctly, hence savvy buyers know when a property is priced correctly and they end up submitting offers. The other aspect has been that most people feel confident that the Fed has decided not to do any future rate increases for a while. This in turn revitalized consumer confidence in the Real Estate activity.

As you can see from the Average Sales Prices, correct pricing is an absolute must if you are a seller who wants to sell their homes in the coveted 90077 zip code. In spite of our complaining as you can see the Real Estate is on solid grounds year over year.

Now if you are considering selling your home in the 90077 zip code or near by please reach out to me directly! At the same time if you just want to have a private consultation it is FREE all you need is to give me a call!

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.

 

 

 

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Tags:
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Rainmaker
1,639,939
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Thank you for keeping us posted. Have a great rest of the weekend!

Feb 24, 2019 03:28 PM #1
Ambassador
3,843,109
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre that was  a very nice increase in sales over January 2018

Feb 24, 2019 03:49 PM #2
Rainmaker
704,560
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Your market is very similar to the market in the San Francisco Bay Area, Endre Barath, Jr. Sure...the price points are different.

Feb 24, 2019 05:16 PM #3
Ambassador
3,396,959
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Looks like the 90077 zip code is in the midst of a healthy real estate market. Bel Air CA inventory increased but, it looks like that was necessary to pull the sold units up.

And, you are so right, pricing a home correctly the first time is KEY to a successful sale. Great report, Endre!

Feb 24, 2019 06:54 PM #4
Rainmaker
2,781,913
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I could see going this way for another three months pretty easily and then we’ll see what happens after that

Feb 24, 2019 11:19 PM #5
Rainmaker
3,221,204
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Jeremy K. Frost  nice to see stopping in,Endre

Feb 25, 2019 12:15 AM #6
Rainmaker
3,221,204
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

George Souto  the market is starting to pick up after eight months of being in the well let's just say in the lows...Endre

Feb 25, 2019 12:16 AM #7
Rainmaker
3,221,204
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

John Juarez  yes the Bay Area always parallels our market, either leading or following, Endre

Feb 25, 2019 12:17 AM #8
Rainmaker
3,221,204
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debe Maxwell, CRS  the days of throwing out a number and the market will catch up to it are over, now it is time to be a Savvy Realtor, Endre

Feb 25, 2019 12:18 AM #9
Rainmaker
3,221,204
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Laura Cerrano  interesting perspective, why three months?? Endre

Feb 25, 2019 12:19 AM #10
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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