Beverly Hills, CA

How is the Beverly Hills Housing market doing so far this year? Let’s take a look.

Beverly Hills single family homes under $1 million

Not surprisingly. There are none.

Beverly Hills condos under $1 million

Sold: 7 / +1 over same period last year
Median price: $645,000/ -3.0% over same period last year
Active listings: 25
Absorption rate*: 5.56 months

Beverly Hills single family homes $1 to $2 Million

Sold: 0 / -1 over same period
Active listings: 11
Absorption rate*: 3.47 months

Beverly Hills condos $1 to $2 Million

Sold: 2/ +2 over same period last year
Median price: $1,090,000
Active listings: 19
Absorption rate*: 10.38 months

Beverly Hills single family homes $2 to $5 Million

Sold: 1/ -5 over same period last year
Price: $4,600,000/ Median price last year – $2,635,000
Active listings: 22
Absorption rate*: 4.89 months

Beverly Hills condos $2 to $5 million

Sold: 0/ same as same period last year
Active listings: 5
Absorption rate*: 7.46 months

Beverly Hills single family homes over $5 Million

Sold: 3/ same as same period last year
Median price: $6,000000/ -53.85% over same period last year
Active listings: 56
Absorption rate*: 16.82 months

Beverly Hills condos over $5 Million

Sold: 1/ – 1 over same period last year
Active listings: 5
Absorption rate*: 31.25 months

*Absorption rate is the number of months it will take to sell the existing inventory. 6 months is a balanced market, over six months a buyers’ market and under six months a sellers’ market. The absorption rates above are based on the last six months sales.Not surprisingly, single family homes under $5 Million and condos under $1 million are doing quite well for Beverly Hills home sellers as is the $2 to $5 Million range for single family homes. The other brackets favor buyers, especially the over $5 Million single family market.

Previous Beverly Hills Market Reports

Beverly Hills Real Estate – 2011 Report and Analysis

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate - Culver City homes
• Silver Lake Real Estate - Silver Lake single homes
  
• Echo Park Real Estate - Echo Park homes

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919

Read more: http://www.homejane.com/beverly-hills-housing-market-overview-january-201.html#ixzz1mDwkgcMu

Find your Valentine this Sunday, February 12, 2012. All 6 LA City Animal Shelters will be celebrating My Furry Valentine with discounted adoption fees. Thanks to Pets 90210 for sponsoring My Furry Valentine! Please share and adopt!

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002or emails me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.comYour Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.

Happy belated 2012! It’s been a while since I have hit the sheets (of paper that is) and posted new entries. After a well earned Christmas in London and an awesome New Years in Berlin, we are all back in full force. Although in truth, we never stopped. Paperwork on Christmas, signatures New Years Eve...a Turbo Rich Kid Agent is there for you and ready to go...any time, any place, any country.

This week, Rich Kids has a new sale closing in the prime Hollywood Hills off Queens Road with some of the most amazing panoramic views you have ever seen. Also on tap is a short sale condo that received 6 offers within the first day it was open to be shown accepted well above list, and a killer lease in a West Hollywood architectural gem that you would sell your mother for!

All that and some insight into investing overseas: my day with a West London Foxton’s Estate Agent. It’s a lucrative market for investing, but make sure to clench because if you aren't careful you could be “Gazumped” by another buyer right at the end (to be explained). With the Olympics and Queen’s Jubilee Anniversary on tap, there could be some interesting investment opportunities. Side note: for those of you new to the Rich Kids blog, I am not English but will get a case of the “Madonna’s” from time to time and I certainly have a fondness for both London and Hydrangeas.

“Do you want more? Well I’ll give you more”. This is just the teaser. Stay tuned...killer sales, new ads, events, and lots of market info to come. The Rich Kids blog is juicer than ever this year! Strip down and cool off because it’s going to be a hot winter in Beverly Hills (literally...it was 80 degrees today).

Beverly Hills boasts some of the most premier exclusive properties on the market in Los Angeles, California. View Current Exclusive Premier Real Estate Listings and Properties for Sale here:

1. $55,000,000 : 1215 LAUREL LN, Beverly Hills
   
   8 beds, 12.5 baths

   Home size: 27,163 sq ft

   Lot size: 2.17 ac

   Year built: 2003

   Parking spots: 50

   Days on market: 320

   Walk Score®: 25
2. $55,000,000 : 9577 SUNSET, Beverly Hills
   
   9 beds, 13.0 baths

   Home size: 36,000 sq ft

   Lot size: 1.96 ac

   Year built: 2010

   Parking spots: 8

   Days on market: 592

   Walk Score®: 32

   Thinking of Selling your Home or Property? Find out what it is currently worth here, just enter your address and information to get your current property value now, Click Here
3. $55,000,000 : 1215 LAUREL LN, Beverly Hills
   
   8 beds, 12.5 baths

   Home size: 27,163 sq ft

   Lot size: 2.17 ac

   Year built: 2003

   Parking spots: 50

   Days on market: 320

   Walk Score®: 25
4. $55,000,000 : 9577 SUNSET, Beverly Hills
   
   9 beds, 13.0 baths

   Home size: 36,000 sq ft

   Lot size: 1.96 ac

   Year built: 2010

   Parking spots: 8

   Days on market: 593

   Walk Score®: 32
5. $45,000,000 : 2571 WALLINGFORD DR, Beverly Hills
   
   7 beds, 15.0 baths

   Lot size: 5.22 ac

   Year built: 2000

   Parking spots: 8

   Days on market: 145

   Walk Score®: 14
6. $39,000,000 : 810 N REXFORD DR, Beverly Hills
   
   11 beds, 12 full baths

   Home size: 12,106 sq ft

   Lot size: 40,260 sq ft

   Year built: 1998

   Days on market: 51

   Walk Score®: 42
7. $27,500,000 : 613 MOUNTAIN DR, Beverly Hills
   
   7 beds, 8.0 baths

   Home size: 13,227 sq ft

   Lot size: 1.17 ac

   Year built: 1926

   Parking spots: 4

   Days on market: 112

   Walk Score®: 29
8. $25,000,000 : 1005 LAUREL WAY, Beverly Hills
   
   9 beds, 11.0 baths

   Home size: 15,404 sq ft

   Lot size: 1.46 ac

   Year built: 2000

   Parking spots: 10

   Days on market: 16

   Walk Score®: 28
9. $25,000,000 : 56 BEVERLY PARK DR, Beverly Hills
   
   7 beds, 12.0 baths

   Home size: 16,000 sq ft

   Lot size: 2.83 ac

   Year built: 2005

   Days on market: 248

   Walk Score®: 2
10. $19,500,000 : 1115 CALLE VISTA DR, Beverly Hills
    
    7 beds, 10.0 baths

    Home size: 12,717 sq ft

    Lot size: 1.11 ac

    Year built: 1988

    Days on market: 643

    Walk Score®: 23
11. $16,995,000 : 952 N ALPINE DR, Beverly Hills
    
    7 beds, 11.0 baths

    Home size: 11,478 sq ft

    Lot size: 33,537 sq ft

    Year built: 1999

    Parking spots: 5

    Days on market: 132

    Walk Score®: 28
12. $15,750,000 : 1031 SUMMIT DR, Beverly Hills
    
    4 beds, 5.0 baths

    Home size: 7,187 sq ft

    Lot size: 16,990 sq ft

    Year built: 2006

    Parking spots: 8

    Days on market: 3

    Walk Score®: 17
13. $13,995,000 : 7 BEVERLY RIDGE TER, Beverly Hills
    
    5 beds, 8.0 baths

    Home size: 12,500 sq ft

    Lot size: 1.99 ac

    Year built: 2005

    Parking spots: 20

    Days on market: 124

    Walk Score®: 5
14. $13,750,000 : 2576 BOWMONT DR, Beverly Hills
    
    5 beds, 8.0 baths

    Lot size: 1.26 ac

    Days on market: 22

    Walk Score®: 2
15. $13,750,000 : 1150 TOWER RD, Beverly Hills
    
    4 beds, 6.0 baths

    Home size: 9,600 sq ft

    Lot size: 1.19 ac

    Year built: 1952

    Days on market: 481

    Walk Score®: 18
16. $13,650,000 : 1154 TOWER RD, Beverly Hills
    
    6 beds, 7.5 baths

    Home size: 11,075 sq ft

    Lot size: 1.16 ac

    Year built: 1989

    Days on market: 72

    Walk Score®: 20
17. $13,500,000 : 825 N ROXBURY DR, Beverly Hills
    
    6 beds, 6 full, 1 part baths

    Home size: 9,000 sq ft

    Lot size: 22,310 sq ft

    Year built: 1932

    Days on market: 6

    Walk Score®: 37
18. $13,500,000 : 412 ROBERT LN, Beverly Hills
    
    0 beds, 0 baths

    Lot size: 1.06 ac

    Year built: 1958

    Parking spots: 4

    Days on market: 207

    Walk Score®: 60
19. $13,500,000 : 513 DOHENY RD, Beverly Hills
    
    6 beds, 9.0 baths

    Home size: 10,000 sq ft

    Lot size: 27,860 sq ft

    Year built: 1988

    Parking spots: 7

    Days on market: 318

    Walk Score®: 45
20. $12,950,000 : 1010 LEXINGTON RD, Beverly Hills
    
    6 beds, 9.0 baths

    Home size: 10,367 sq ft

    Lot size: 38,220 sq ft

    Year built: 2000

    Parking spots: 11

    Days on market: 11

    Walk Score®: 31
21. $12,850,000 : 818 N ROXBURY DR, Beverly Hills
    
    4 beds, 5.5 baths

    Home size: 9,302 sq ft

    Lot size: 19,130 sq ft

    Year built: 1999

    Parking spots: 3

    Days on market: 52

    Walk Score®: 37
22. $11,750,000 : 1013 N BEVERLY DR, Beverly Hills
    
    7 beds, 8.0 baths

    Home size: 6,365 sq ft

    Lot size: 39,204 sq ft

    Year built: 1954

    Days on market: 270

    Walk Score®: 26
23. $11,650,000 : 301 TROUSDALE PL, Beverly Hills
    
    4 beds, 5.0 baths

    Lot size: 24,290 sq ft

    Year built: 2006

    Parking spots: 4

    Days on market: 79

    Walk Score®: 34
24. $11,500,000 : 904 HARTFORD WAY, Beverly Hills
    
    6 beds, 6.5 baths

    Home size: 9,781 sq ft

    Lot size: 37,462 sq ft

    Year built: 1988

    Parking spots: 10

    Days on market: 72

    Walk Score®: 49

    CALL ME TODAY!

    

    HEATHER PAUL

    "Your Local Real Estate Expert"

    (310)586-0364 OR (310)923-2334

    www.HeatherPaulOnline.com

    Connect With Me!

    

    

    

Most common question:

Why am I being charged $ 285.00 for the Kitchen Faucet I want, when I can get the same Kitchen faucet at my local home store for less than that, and still charge me an additional amount for the installation?

A:

Plumbers usually purchase supplies from a plumbing supply company. The plumbing supply store sells at a wholesale contractor's price, and has a list price at what the item sells for retail. The plumber purchases at the wholesale price and sells it to you at the list (retail) price. The price difference covers for time, purchasing and delivering the fixture. That's not mentioning if for some reason the item has to be returned because the customer decided on another style or color.

It's quite simple, Home store chains buy their fixtures in very large quantities and get a huge discount from the manufacturers and distributors, therefore they can pass on some of the savings to you. There are times when the home store prices will be lower than the contractors price at the plumbing supply store.

When I get calls like this, I often recommend to the customer that he/she buy the fixture and supplies for the new installation themselves, they could be saving more money this way. However, if this sounds like a good idea, use caution, make sure your buying the right fixture and the supplies necessary for the new installation. You might want to call the Plumber before buying the fixtures and supplies, just to make sure your not buying the wrong items, or you might just loose your savings by making two or three trips back and forth to and from the Home store.