$2,613 Closing Credit*
$220,000
1,626 SqFt
2 Beds
•2 Full Baths
Listing Office: Coldwell Banker Next Generatio
Is Beverly Hills, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Beverly Hills was a Seller's Market.
Key Takeaway
Beverly Hills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Beverly Hills, FL
How much do homes in Beverly Hills, FL cost?
Median Sold Price
$278,275
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,090(+9.5%)
Key Takeaway
Homes in Beverly Hills have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Beverly Hills was $278,275 in November 2024, up 9.5% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $127K | -15.3% |
| 2 Bedrooms | $189K | $192K | +1.6% |
| 3 Bedrooms | $348.3K | $344.8K | -1.0% |
| 4 Bedrooms | $392.5K | $430K | +9.6% |
| 5+ Bedrooms | $650K | $707.4K | +8.8% |
Summary: Beverly Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.3%, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 8.8%.
Housing Supply in Beverly Hills, FL
How many homes are available in Beverly Hills, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 390 | 369 | -5.4% |
Summary: The Beverly Hills real estate market had 369 homes for sale in November 2024, a 5.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 13 | +18.2% |
| 2 Bedrooms | 105 | 106 | +1.0% |
| 3 Bedrooms | 188 | 172 | -8.5% |
| 4 Bedrooms | 79 | 74 | -6.3% |
| 5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Beverly Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 58 | -10.8% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beverly Hills, you may be able to get a good deal. 58.6% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in Beverly Hills in November 2024, down by 10.8% month-over-month. Of the 58 sold homes, 59% were sold under asking, 28% were sold at asking, and 14% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 93 Days | +98.9% |
Summary: Homes in Beverly Hills had an average of 93 days on market in Nov 2024, up by 98.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Beverly Hills are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 58 homes were sold in Beverly Hills; 24% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
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