Is Beverly Glen, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Beverly Glen was a Seller's Market.
Housing Prices in Beverly Glen, CA
How much do homes in Beverly Glen, CA cost?
Median Sold Price
$3,197,500
$1,044/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Beverly Glen was $3,197,500 in March 2024, up 23.3% from last year, and the median price per square foot was $1,044.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.2M | - | N/A |
2 Bedrooms | $1.2M | $1.3M | +11.6% |
3 Bedrooms | $1.9M | $1.3M | -26.9% |
4 Bedrooms | $3.7M | $3.8M | +4.0% |
5+ Bedrooms | $7.6M | $7.4M | -2.9% |
Summary: Beverly Glen housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.6%, 3 bedroom homes decreased by 26.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Neighborhoods
Beverly Glen | $2.5M | $3.1M | +23.3% |
Sherman Oaks | $1.4M | $1.4M | -1.9% |
Holmby Hills | $1.6M | $1.6M | -2.8% |
Beverly Crest | $3.2M | $2.6M | -17.3% |
Housing Supply in Beverly Glen, CA
How many homes are available in Beverly Glen, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 29 | +11.5% |
Summary: The Beverly Glen real estate market had 29 homes for sale in March 2024, a 11.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Beverly Glen housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Beverly Glen in March 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Beverly Glen, CA
How long does it take to sell a home in Beverly Glen, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 54 Days | -24.3% |
Summary: Homes in Beverly Glen had an average of 54 days on market in Mar 2024, down by 24.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Beverly Glen; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.