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FOCUS ON: BEVERLY HILLS HOUSING MARKET |
AUGUST 2025 |
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Zip Code(s): 22305 |
Units Sold
11 |
Active Inventory
15 |
Median Sale Price
$787,500 |
Days On Market
27 |
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No Change
Vs. Year Ago |
Down -21%
Vs. Year Ago |
Up 5%
Vs. Year Ago |
Up
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in August, with 11 sold this month in Beverly Hills Real Estate, an increase of 10%. This month's total units sold is similar compared to a year ago.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 4 units or 21%. The total number of active inventory this August was 15 compared to 19 in August 2024. This month's total of 15 is lower than the previous month's total supply of available inventory of 21, a decrease of 29%.
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Median Sale Price
Last August, the median sale price for Beverly Hills Homes was $750,000. This August, the median sale price was $787,500, an increase of 5% or $37,500 compared to last year. The current median sold price is 11% higher than in July.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
9 |
Current Contracts
14 |
Sold Vs. List Price
99.7% |
Months of Supply
1.4 |
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Down -31%
Vs. Year Ago |
Up 180%
Vs. Year Ago |
Down -1.2%
Vs. Year Ago |
Down -21%
Vs. Year Ago |
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Months of Supply
In August, there was 1.4 months of supply available in Beverly Hills, compared to 1.7 in August 2024. That is a decrease of 21% versus 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.
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New Listings & Current Contracts
This month there were 9 homes newly listed for sale in Beverly Hills compared to 13 in August 2024, a decrease of 31%. There were 14 current contracts pending sale this August compared to 5 a year ago. The number of current contracts is 180% higher than last August.
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Sale Price to List Price Ratio
In August, the average sale price in Beverly Hills was 99.7% of the average list price, which is 1.2% lower than at this time last year.
Days on Market
This month, the average number of days on market was 27, higher than the average last year, which was 17. This increase was impacted by the limited number of sales.
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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. |