Is Beverly Hills, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$279,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Beverly Hills have sold for 20.9% more than they did a year ago.
Summary: The median home sold price in Beverly Hills was $279,000 in April 2024, up 20.9% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147K | $150K | +2.0% |
| 2 Bedrooms | $185K | $190K | +2.7% |
| 3 Bedrooms | $292.8K | $336K | +14.7% |
| 4 Bedrooms | $374.5K | $297.6K | -20.5% |
| 5+ Bedrooms | $305K | $740K | +142.6% |
Summary: Beverly Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 20.5%, 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
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 154 | 155 | +0.6% |
Summary: The Beverly Hills real estate market had 155 homes for sale in April 2024, a 0.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 39 | 39 | 0.0% |
| 3 Bedrooms | 67 | 71 | +6.0% |
| 4 Bedrooms | 47 | 44 | -6.4% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Beverly Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 33 | 0.0% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 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. 72.7% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Beverly Hills in April 2024, the same as the previous month. Of the 33 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 46 Days | 59 Days | +27.5% |
Summary: Homes in Beverly Hills had an average of 59 days on market in Apr 2024, up by 27.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Beverly Hills has remained consistent over time.
Summary: During April 2024, 33 homes were sold in Beverly Hills; 30% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 33% 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.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.