$10,000 Closing Credit*
$1,649,000
2,013 SqFt
3 Beds
•3 Full Baths, 1 Partial
Conrado Delagarza, Listing Office: eXp Realty of Greater Los Angeles
Is Beachwood Canyon, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Beachwood Canyon has remained a Seller's Market.
Key Takeaway
Beachwood Canyon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beachwood Canyon, CA
How much do homes in Beachwood Canyon, CA cost?
Median Sold Price
$2,070,000
$893/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$263,500(+14.6%)
Key Takeaway
Homes in Beachwood Canyon have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Beachwood Canyon was $2,070,000 in October 2024, up 14.6% from last year, and the median price per square foot was $893.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.0M | $534.5K | -49.0% |
| 2 Bedrooms | $1.1M | $999K | -15.3% |
| 3 Bedrooms | $2.0M | $1.9M | -5.9% |
| 4 Bedrooms | $2.5M | $2.7M | +7.5% |
| 5+ Bedrooms | - | $3.7M | N/A |
Summary: Beachwood Canyon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49%, 2 bedroom homes decreased by 15.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Hollywood Dell | $1.5M | $1.7M | +16.9% |
| Beachwood Canyon | $1.8M | $2.0M | +14.6% |
| Hollywood Hills | $1.7M | $1.8M | +2.9% |
| The Oaks | $2.3M | $2.3M | +2.1% |
Housing Supply in Beachwood Canyon, CA
How many homes are available in Beachwood Canyon, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 25 | +19.0% |
Summary: The Beachwood Canyon real estate market had 25 homes for sale in October 2024, a 19.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Beachwood Canyon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beachwood Canyon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Beachwood Canyon in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Beachwood Canyon, CA
How long does it take to sell a home in Beachwood Canyon, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 37 Days | +51.3% |
Summary: Homes in Beachwood Canyon had an average of 37 days on market in Oct 2024, up by 51.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Beachwood Canyon are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Beachwood Canyon; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.