Is Beverly Hills, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Beverly Hills has remained a Seller's Market.
Key Takeaway
Beverly Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beverly Hills, FL
How much do homes in Beverly Hills, FL cost?
Median Sold Price
$279,990
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Beverly Hills have sold for 22.1% more than they did a year ago.
Summary: The median home sold price in Beverly Hills was $279,990 in March 2024, up 22.1% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $123K | $159K | +29.3% |
| 2 Bedrooms | $185K | $190K | +2.7% |
| 3 Bedrooms | $316.9K | $326.9K | +3.2% |
| 4 Bedrooms | $399K | $300.4K | -24.7% |
| 5+ Bedrooms | $305K | $740K | +142.6% |
Summary: Beverly Hills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.3%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 24.7%, and 5+ bedroom homes increased by 142.6%.
Housing Supply in Beverly Hills, FL
How many homes are available in Beverly Hills, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 156 | 149 | -4.5% |
Summary: The Beverly Hills real estate market had 149 homes for sale in March 2024, a 4.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 39 | 38 | -2.6% |
| 3 Bedrooms | 64 | 68 | +6.3% |
| 4 Bedrooms | 53 | 42 | -20.8% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Beverly Hills 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 decreased by 2.6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 32 | -3.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beverly Hills, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Beverly Hills in March 2024, down by 3.0% month-over-month. Of the 32 sold homes, 63% were sold under asking, 22% were sold at asking, and 16% were sold over asking.
Days on Market for Beverly Hills, FL
How long does it take to sell a home in Beverly Hills, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 46 Days | 61 Days | +30.9% |
Summary: Homes in Beverly Hills had an average of 61 days on market in Mar 2024, up by 30.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Beverly Hills are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 32 homes were sold in Beverly Hills; 41% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.