The Beverly Hills Condominium ” Under Contract” numbers are up 43%! These statistics clearly support my previous blog post about the prices being down. As I noted that it was an important figure to watch clearly the buyers agree with me. This obviously caught the attention of the savvy buyers who are trying to step into the Beverly Hills Condominium Market and made them...
The Beverly Hills Median Sold prices in the Condominium Market have dropped 14 %. On the surface most people would not think much of it, but if you look at our price points you will realize that in November 2013 the Median Sold price was $940,000 now November 2014 the Median Sold price was $805,000. That is a $135,000 drop. Clearly this is an...
When there are mixed messages in the Beverly Hills Real Estate Data, it is time to reach out to a knowledgeable Realtor. How about Contacting Endre Barath, Jr. As most of you who have been reading my last couple posts realize that the data and information is sending mixed messages in the Beverly Hills Single Family Market. Clearly that could be a challenge for...
The Supply and Demand figures of Single Family Homes in Beverly Hills tell us an interesting phenomenon. The Supply is down by 22%, clearly that is an indication that buyers have fewer choices hence more competition for the few well priced properties. The Sales are up 8%, this is also an indication what potential buyers can expect. Clearly if sales are up in Beverly...
The Average Days on Market for Single Family Homes in Beverly Hills, CA are up by 15% ! To some people the Average Days on Market do not mean much. The reality is, this is quite an important statistics to monitor. It does not matter if it is Beverly Hills or other parts of Los Angeles or for that matter anywhere in the country...
