Is Beverly Hills, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beverly Hills is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Beverly Hills, FL

How much do homes in Beverly Hills, FL cost?

Median Sold Price

$279,995

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,995(+6.9%)

Key Takeaway

Homes in Beverly Hills have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Beverly Hills was $279,995 in October 2024, up 6.9% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $147K$135K
-8.2%
2 $190K$189.9K
-0.1%
3 $324K$297K
-8.3%
4 $350K$305.7K
-12.6%
5+ $740K$1.1M
+55.4%

Summary: Beverly Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes increased by 55.4%.

Median Sold Price Compared To Nearby Cities

Beverly Hills
+6.9%
Lecanto
+1.4%
Hernando
0.0%

Housing Supply in Beverly Hills, FL

How many homes are available in Beverly Hills, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
142143+0.7%

Summary: The Beverly Hills real estate market had 143 homes for sale in October 2024, a 0.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 3034
+13.3%
3 7465
-12.2%
4 3036
+20.0%
5+ 33
0.0%

Summary: The Beverly Hills 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 13.3%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
20200.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 20 homes were sold or pending in Beverly Hills in October 2024, the same as the previous month. Of the 20 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Beverly Hills, FL

How long does it take to sell a home in Beverly Hills, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days34 Days-15.6%

Summary: Homes in Beverly Hills had an average of 34 days on market in Oct 2024, down by 15.6% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 20 homes were sold in Beverly Hills; 60% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 5% 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 16 Days Ago

Newest Listings in Beverly Hills, FL

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