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 February 2025, Beverly Hills saw a notable 15.8% year-over-year increase in home prices, with the median sale price reaching $3.6 million—a reflection of continued demand for luxury properties in one of the country’s most prestigious markets. Despite the price growth, homes are taking slightly longer to sell, averaging 112 days on the market compared to 108 days the year prior. This suggests that while buyer interest remains strong, the ultra-luxury segment continues to require a longer sales cycle. Only 16 homes sold in February, down slightly from 17 last year, highlighting the limited inventory and exclusivity that continue to define the Beverly Hills real estate landscape.
Beverly Hills remains a somewhat competitive market, with homes typically selling in about 68 days. While the average property sells for approximately 4% below the list price, select high-demand or well-priced homes can attract multiple offers and go pending within 31 days, often selling at or near asking price. Buyers should be prepared for longer timelines in this luxury market, but competitive properties can still move quickly when priced strategically.
As of April 2025, Beverly Hills, CA is considered a buyer’s market, meaning the number of homes for sale exceeds current buyer demand. This shift gives buyers more negotiating leverage, often resulting in price reductions, longer days on market, and greater flexibility on terms. For those looking to purchase in one of the most prestigious real estate markets in the country, this climate presents a strategic opportunity to enter with less competition and potentially more favorable pricing.
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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