| We analyze several housing market indicators in | | | | Beverly Hills Real Estate |
| order to present an in-depth breakdown of | | | | The city of Beverly Hills experienced a 6.38% |
| Beverly Hills Real Estate Market comparing | | | | decrease in median sales price from last year |
| February 2009 to February 2010. | | | | going down from $5,620,000 (Feb. 09) to |
| Summary of Key Points | | | | $5,261,389 (Feb. 2010). Median days on market |
| Beverly Hills Real Estate has started showing signs | | | | data for Beverly Hills show that houses are selling |
| of improvement. Median sales price did drop by | | | | faster than Feb 09. It took 195 days in Feb 09 |
| 6.38%.However number of units sold doubled and | | | | for a house to sell and for Feb 10 that number |
| median days on market dropped by | | | | has gone down to 120 days (a 38.47% |
| 38.47%.Sellers received less than asking price | | | | improvement). Another important factor to |
| (84%).However this was more than what they | | | | consider is total number of units sold. In the |
| received last year. | | | | month of Feb 09, 9 units were sold compared to |
| Key Statistics, Beverly Hills, CA: Median Sales Price | | | | 18 for Feb 10 (100.00% change). Lastly we are |
| (-6.38%), Median Days on Market (-38.47%), and | | | | going to take a look at the Sales Price to List |
| Number of Units Sold (100.00%), Sales Price to | | | | Price Ratio for Beverly Hills. SP/LP ratio for Feb |
| List Price Ratio (Feb 09 82% - Feb 10 84%) | | | | 09 was 82% compared to 84% for Feb 10. |