Is Beverly Crest, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beverly Crest is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Beverly Crest was a Seller's Market.

Key Takeaway

Beverly Crest is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Beverly Crest, CA

How much do homes in Beverly Crest, CA cost?

Median Sold Price

$3,030,875

$951/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$250,875(+9.0%)

Key Takeaway

Homes in Beverly Crest have sold for 9% more than they did a year ago.

Summary: The median home sold price in Beverly Crest was $3,030,875 in October 2024, up 9% from last year, and the median price per square foot was $951.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $1.4M$1.2M
-14.6%
3 $1.8M$1.9M
+2.8%
4 $2.7M$3.1M
+11.7%
5+ $6.4M$4.9M
-22.8%

Summary: Beverly Crest housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 22.8%.

Median Sold Price Compared To Nearby Neighborhoods

Beverly Glen
+78.9%
Beverly Crest
+9.0%
Hollywood Hills West
+5.1%

Housing Supply in Beverly Crest, CA

How many homes are available in Beverly Crest, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
147169+15.0%

Summary: The Beverly Crest real estate market had 169 homes for sale in October 2024, a 15.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1012
+20.0%
3 2637
+42.3%
4 4345
+4.7%
5+ 6673
+10.6%

Summary: The Beverly Crest 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 increased by 20%, 3 bedroom homes increased by 42.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 10.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beverly Crest, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Beverly Crest in October 2024, up by 9.1% month-over-month. Of the 12 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Beverly Crest, CA

How long does it take to sell a home in Beverly Crest, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days54 Days+14.2%

Summary: Homes in Beverly Crest had an average of 54 days on market in Oct 2024, up by 14.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Beverly Crest are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in Beverly Crest; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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