Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Dyas on Market
Sale-to-List Price
Homes Sold Above List Price
In May 2025, Bel Air’s housing market showed significant momentum, with home prices surging 34.8% year-over-year to a median of $4.5M, reflecting strong demand for luxury properties. Homes are selling faster, averaging 58 days on the market compared to 79 days last year, indicating that buyers are acting more decisively despite higher prices. Sales volume also increased, with 39 homes sold compared to 32 a year ago, suggesting that well-priced properties are attracting serious buyers in this high-end market. This combination of rising prices, quicker sales, and higher transaction volume underscores Bel Air’s growing appeal among affluent buyers seeking prime real estate.
Bel Air is currently a slow-moving, less competitive market, with homes taking about 59 days to sell and rarely attracting multiple offers. Most properties sell for roughly 6% below the list price, giving buyers room to negotiate, while even hot homes—those priced well or in desirable locations—typically sell for about 1% below asking and go pending in around 35 days. This indicates that while demand exists, buyers are selective and have leverage, making it an opportune time for those looking to secure a luxury property at a negotiated price.
Bel Air is firmly a buyer’s market in June 2025, with housing supply outpacing demand, giving buyers a distinct advantage in negotiations. This market condition often results in longer selling times, price reductions, and more opportunities to secure properties below asking prices. For buyers, this is an ideal time to explore options, as they can take their time evaluating listings, negotiate more favorable terms, and potentially secure high-value luxury homes at competitive prices.
Whether you're looking for a luxury estate or a serene retreat in Bel Air, we're here to help. With market conditions favoring buyers, now is the perfect time to explore your options. If you have any questions about the neighborhood, market trends, or available properties, don’t hesitate to reach out. Our team is ready to guide you through every step of the process and help you secure the perfect home at the right price. Contact us today to get started!
Thinking about living in Bel Air? Explore our in-depth neighborhood guide to uncover everything this prestigious community has to offer. From luxury real estate and market trends to lifestyle highlights, we’ve got all the insights you need. Whether you're searching for your dream home or just curious about the area, start your journey here. Browse the guide now!
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