Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Days on Market
Sale-to-List Price
Homes Sold Above List Price
In May 2025, the Beverly Hills housing market showed strong price growth, with home prices rising 15.2% year-over-year to a median of $3.8M. This significant increase reflects continued demand for luxury properties, even as overall sales activity slowed. Homes are selling faster, averaging 31 days on the market compared to 45 days last year, indicating that well-priced, desirable properties are moving quickly despite the reduced number of transactions—17 homes sold this year versus 25 last year. The combination of higher prices, quicker sales, and fewer overall transactions suggests a market driven by affluent buyers competing for premium listings, while some sellers may be holding back due to the rapidly appreciating values.
The Beverly Hills housing market is somewhat competitive, with most homes taking around 53 days to go pending and selling for about 3% below list price. While the overall pace is moderate, demand remains strong for highly desirable properties. Hot homes, especially luxury estates in prime locations, can attract multiple offers, go pending in as little as 20 days, and often sell at or near list price. This indicates that while buyers generally have room to negotiate on standard listings, competition intensifies significantly for well-priced, high-end properties.
In June 2025, Beverly Hills, CA is classified as a buyer's market, indicating that the number of homes available for sale exceeds current buyer demand. This market condition gives buyers increased negotiating power, as sellers may be more willing to offer price reductions, cover closing costs, or accept contingencies to secure a deal. Homes in the area are taking longer to sell—averaging 52.5 days on the market—and are typically closing for about 3% below list price, further reinforcing the buyer-friendly environment. While some hot properties still move quickly and command full asking price, the overall trend suggests that inventory is outpacing demand, providing buyers with more choices and flexibility in a traditionally competitive, high-value market.
Whether you have questions about the Beverly Hills real estate market or are ready to explore luxury properties, Jordan is here to help. With expert local knowledge and access to exclusive listings, Jordan will guide you through every step of the buying process. Get in touch today and let’s find your perfect Beverly Hills home!
From world-renowned luxury estates to iconic shopping and dining, Beverly Hills offers an unparalleled lifestyle. Whether you're considering a move or simply exploring the area, our in-depth neighborhood guide provides everything you need to know about real estate, amenities, and local attractions. Start browsing now and discover what makes Beverly Hills one of the most desirable places to live!
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