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Beverly Hills Housing Market Report - February 2010

Beverly Hills Stats

The Beverly Hills home sales statistics below are taken directly from the MLS and are for single family homes.  They don't take into consideration condos, income property and private sales.

8 properties sold in February, the same as in January '10 but 4 more than in February '09.  The most expensive was $16,500,000 and the least expensive was a mere $3,162,000.

The median price of $9,400,000 is way up from $1,687,500 in January, and $3,200,000 in February '09.

Days on the market for sold listings was 115, up from 98 in January, and 141 in February '09.

There has been little change in the Beverly Hills market over the last two months, except for the price of the homes sold.

 

Beverly Hills Stats

Beverly Hills Single Family

 

 

 

 

 

 

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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7 comments • Jane Peters - Los Angeles Real Estate DRE# 01439865 • March 08 2010 09:27PM

Comments

Hi there!! I've actually been looking for someone in Beverly Hills. I have some incredible properties up here in wine country ..Sonoma that usually apeal to Southern Cal people. If you ever need a beautiful wine country home...let me know!! I have some beautiful properties and of course you know the prices are amazing! let me know! Michele Samson 707.490.9800

Posted by E. Michele Samson (Pacific Union International/Christie's Great Estates) about 2 years ago

A mere $3,162,000 :-) Thanks for posting so I can remember that I live in a blighted, crime-filled (as opposed to creme-filled), foreclosure ravaged, poverty stricken little city called Memphis.

Posted by David Saks (The Real Estate Mart of Tennessee, Inc.) about 2 years ago

Michele,  will keep it in mind.

David,  nah, I'm sure Memphis is lovely.

Posted by Jane Peters - Los Angeles Real Estate DRE# 01439865 (Power Brokers Int'l) about 2 years ago

Hi Jane.  With so few homes sold at such a wide range of prices, it must drive folks (ands appraisers) nuts trying to figure out what's happening in the market.  Good thing they have you!

Posted by Rick Pelleriti-MBA. Freedom Mortgage (Freedom Mortgage) about 2 years ago

Rick , yep the one-stop-shop :)

Posted by Jane Peters - Los Angeles Real Estate DRE# 01439865 (Power Brokers Int'l) about 2 years ago

I love the local signs like the one you used in this post. They add spice to a market report!

Posted by Ask Kate for answers (Get-Your-Best-Mortgage-Rate.com) about 2 years ago

Kate,  thank you. 

Posted by Jane Peters - Los Angeles Real Estate DRE# 01439865 (Power Brokers Int'l) about 2 years ago

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