BEVERLY HILLS HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in May, with 17 sold this month in Beverly Hills Real Estate. This month's total units sold was higher than at this time last year, an increase from May 2024.

Versus last year, the total number of homes available this month is higher by 2 units or 13%. The total number of active inventory this May was 17 compared to 15 in May 2024. This month's total of 17 is lower than the previous month's total supply of available inventory of 26, a decrease of 35%.

Last May, the median sale price for Beverly Hills Homes was $800,000. This May, the median sale price was $897,000, an increase of 12% or $97,000 compared to last year. The current median sold price is 6% higher than in April.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In May, there was 1.0 months of supply available in Beverly Hills. The amount of supply is similar compared to a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 11 homes newly listed for sale in Beverly Hills compared to 16 in May 2024, a decrease of 31%. There were 16 current contracts pending sale this May compared to 12 a year ago. The number of current contracts is 33% higher than last May.

In May, the average sale price in Beverly Hills was 99.5% of the average list price, which is 2.5% lower than at this time last year.

This month, the average number of days on market was 14, higher than the average last year, which was 8. This increase was impacted by the limited number of sales.





FOCUS ON: BEVERLY HILLS HOUSING MARKET			MAY 2025

Zip Code(s): 22305
Units Sold 17	Active Inventory 17	Median Sale Price $897,000	Days On Market 14

Up Vs. Year Ago	Up 13% Vs. Year Ago	Up 12% Vs. Year Ago	Up Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in May, with 17 sold this month in Beverly Hills Real Estate. This month's total units sold was higher than at this time last year, an increase from May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 2 units or 13%. The total number of active inventory this May was 17 compared to 15 in May 2024. This month's total of 17 is lower than the previous month's total supply of available inventory of 26, a decrease of 35%.
		Median Sale Price Last May, the median sale price for Beverly Hills Homes was $800,000. This May, the median sale price was $897,000, an increase of 12% or $97,000 compared to last year. The current median sold price is 6% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 11	Current Contracts 16	Sold Vs. List Price 99.5%	Months of Supply 1.0

Down -31% Vs. Year Ago	Up 33% Vs. Year Ago	Down -2.4% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In May, there was 1.0 months of supply available in Beverly Hills. The amount of supply is similar compared to a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 11 homes newly listed for sale in Beverly Hills compared to 16 in May 2024, a decrease of 31%. There were 16 current contracts pending sale this May compared to 12 a year ago. The number of current contracts is 33% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Beverly Hills was 99.5% of the average list price, which is 2.5% lower than at this time last year. Days on Market This month, the average number of days on market was 14, higher than the average last year, which was 8. This increase was impacted by the limited number of sales.


	Beverly Hills are defined as properties listed in zip code/s 22305.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.