A Market snap shot for Beverly Hills, CA 90210. Seldom do I write Market Snap Shots. Now with that said I have been asked more than the usual times: How is the Beverly Hills, CA 90210 Market doing?
My favorite platform is Altos Research to get up to date information, or the Multiple Listing Service (MLS) Statistics. Keep in mind the information from Altos includes 'off market' transactions too, hence it gives a better picture than just the MLS statistics.
So with that said: Sun May 01 2022
This week the median list price for Beverly Hills, CA 90210 is $13,700,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has increased to 122.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Each segment below represents approximately 25% of the market ordered by price.
I continue to see prices in the 90210 Zip Code bounce around these current levels. Look for a persistent change in the Market Action Index before I anticipate prices to deviate significantly from here. Hope you found this Market Report interesting and educational.
IF you are ready to buy or sell please reach out to me directly for a consultation.