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 February 2025, Bel Air experienced a significant 23.5% year-over-year increase in home prices, with the median sale price rising to $5.1 million—highlighting sustained demand in the ultra-luxury segment. However, homes are taking longer to sell, averaging 172 days on the market compared to 108 days last year, suggesting that while prices are climbing, buyers are taking more time to finalize high-value purchases. A total of 21 homes were sold during the month, slightly up from 20 the previous year, indicating steady activity despite the longer sales cycle typical of this exclusive market.
Bel Air is currently not a highly competitive market, with homes typically selling in about 58 days. Multiple offers are uncommon, reflecting a slower pace compared to more active markets. On average, properties sell for roughly 9% below the list price, while even the most desirable homes—those considered “hot”—tend to go pending in around 35 days and still sell for about 4% below asking. Buyers in Bel Air have greater negotiating power, making it an opportune time to explore high-end properties with more favorable terms.
As of April 2025, Bel Air is firmly in a buyer’s market, where the available supply of homes exceeds current buyer demand. This shift gives buyers a strategic advantage, with increased inventory, reduced competition, and more room to negotiate on price and terms. In a luxury market like Bel Air, this environment can open doors to properties that may have been out of reach in a more competitive climate.
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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