Is Beverly Hills, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Beverly Hills has remained a Seller's Market.
Housing Prices in Beverly Hills, FL
How much do homes in Beverly Hills, FL cost?
Median Sold Price
$279,495
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Beverly Hills was $279,495 in May 2024, up 16.9% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $147K | $150K | +2.0% |
2 Bedrooms | $184.4K | $197.4K | +7.1% |
3 Bedrooms | $300K | $313K | +4.3% |
4 Bedrooms | $367.5K | $300.2K | -18.3% |
5+ Bedrooms | $650K | $740K | +13.8% |
Summary: Beverly Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 18.3%, and 5+ bedroom homes increased by 13.8%.
Housing Supply in Beverly Hills, FL
How many homes are available in Beverly Hills, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
152 | 139 | -8.6% |
Summary: The Beverly Hills real estate market had 139 homes for sale in May 2024, a 8.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 40 | 38 | -5.0% |
3 Bedrooms | 69 | 65 | -5.8% |
4 Bedrooms | 42 | 33 | -21.4% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Beverly Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 29 | -17.1% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Beverly Hills in May 2024, down by 17.1% month-over-month. Of the 29 sold homes, 66% were sold under asking, 31% were sold at asking, and 3% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
77 Days | 44 Days | -42.2% |
Summary: Homes in Beverly Hills had an average of 44 days on market in May 2024, down by 42.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 29 homes were sold in Beverly Hills; 52% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.