The Beverly Hills market may improve in the short term. While 23 homes were sold over the last 30 days, the number of contracts executed rose to 21, the highest amount in three months. In comparison, Los Angeles led all other nearby municipalities with 1,509 contracts executed. The median sales price dropped to $1,425,000, down from last week's $1,842,000. Even with the rising contracts, with seven months of inventory available, Beverly Hills is a still strong buyer's market.
Being aware of new listings is a great exercise in finding the right home so take a look at these in Beverly Hills: