$6,282 Closing Credit*
$529,000
2,841 SqFt
4 Beds
•2 Full Baths, 1 Partial
Sherry L Pyszczynski, Listing Office: Keller Williams Paint Creek
Is Beverly Hills, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Beverly Hills has remained a Seller's Market.
Key Takeaway
Beverly Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beverly Hills, MI
How much do homes in Beverly Hills, MI cost?
Median Sold Price
$520,750
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,750(-0.3%)
Key Takeaway
The sold price of homes in Beverly Hills has remained the same since last year.
Summary: The median home sold price in Beverly Hills was $520,750 in November 2024, down 0.3% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $460K | $321.5K | -30.1% |
| 3 Bedrooms | $425K | $481K | +13.2% |
| 4 Bedrooms | $595K | $625K | +5.0% |
| 5+ Bedrooms | $706.5K | $690K | -2.3% |
Summary: Beverly Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30.1%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Cities
| Birmingham | $720.1K | $850K | +18.0% |
| Bloomfield Charter Township | $553.7K | $600.1K | +8.4% |
| Southfield Township | $254.8K | $270.2K | +6.0% |
| Beverly Hills | $522.5K | $520.7K | -0.3% |
Housing Supply in Beverly Hills, MI
How many homes are available in Beverly Hills, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 35 | +2.9% |
Summary: The Beverly Hills real estate market had 35 homes for sale in November 2024, a 2.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 14 | 21 | +50.0% |
| 4 Bedrooms | 14 | 9 | -35.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Beverly Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 13 | +116.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 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. 69.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Beverly Hills in November 2024, up by 116.7% month-over-month. Of the 13 sold homes, 69% were sold under asking, 0% were sold at asking, and 31% were sold over asking.
Days on Market for Beverly Hills, MI
How long does it take to sell a home in Beverly Hills, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 26 Days | +42.9% |
Summary: Homes in Beverly Hills had an average of 26 days on market in Nov 2024, up by 42.9% compared to last year.
Breakdown of Home Sale Times
10 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 Beverly Hills are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Beverly Hills; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
