Beverly Hills First-Time Homebuyer Report for January

Beverly Hills is a larger than average city in California with 34,109 residents. Its population is also growing faster than others at a 10-year growth rate of 3.2%. 90210, 90212, and 90211 are the three largest zip codes in terms of population. Beverly Hills is an area where 40.0% of the homes are owned, while 50.7% are rented. The best school in the city is Beverly Vista Elementary School.

Culture

If you're interested in the nightlife, one of the most popular places to get a drink in Beverly Hills, according to Foursquare, is The Abbey Food & Bar. If you'd like to grab some coffee, a popular spot is Nespresso Boutique. You could also check out the popular Pavilions, Hustler Hollywood, and CHANEL Boutique to do some shopping.

Price Range

Some of the more expensive homes in California are in Beverly Hills with a median home value of $1,858,500 and an average list price for available homes currently at $4,749,759. The most expensive places to live are 90210, 90212, and 90211.

Make sure you take a look at these eye-catching homes in Beverly Hills that generated the most views from potential buyers:

$19.5M   $43.9M   $30M  

Typical Dwelling

The typical dwelling in Beverly Hills is a two-bedroom condo worth about $1,220,543. To purchase a similar home, a buyer with good credit and a $244,109 cash down payment could obtain a mortgage with a 3.95% interest rate and a $10,122 monthly payment. The property tax rate is $7.73 per $1,000 of taxable assessed value.

Get started right now by checking out Beverly Hills homes for sale or reviewing Beverly Hills real estate trends.


Data reported through 1/12/2017

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