Beverly Hills August Real Estate Market Update

Beverly Hills August Real Estate Market Update
Video Transcription

Hello, this is Irina Hill, your local Beverly Hills Realtor, and today we are doing August Beverly Hills market update.

Currently we have a 197 active listings on the markets.

69 out of them are under $3 million.

23 are between $3 and $5 million.

34 listings are between $5 and $10 million, and 71 homes are over $10 million.

The most expensive home is offered for $125 million, and it is on North Beverly Drive. But also, you can buy a little condo for $585,000. So there is something for everybody.

On average, properties are on the market for 91 days, which is not bad at all considering our high prices here in Beverly Hills.

If you’re a home owner and you’re debating when is a good time to sell your home, I can tell you with confidence now is a good time. We know that buyers are looking, buyers are buying really quickly, and you will get top dollar for your home right now. We don’t know what is going to happen after the Halloween, and we don’t know what is going to happen two years from now. So if you are considering, if you are wondering, let’s talk, let’s see what the options are, and maybe right now is a good time to sell.

I don’t care if you sell or not. I just want to help because I love doing it. Real estate is my profession and it’s my passion. So reach out to me with your questions and concerns, and let’s talk. Hopefully I can help.

Ciao!

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