Rodeo Realty - Beverly Hills
Fine Estates Division
(310) 600 1553
It all depends on the area. Every area has been hit as far as value, from low end home/properties, to high end homes/properties. Some areas in Beverly Hills has been hit more than others. Even though there are buyers buying in Beverly Hills, there are not as many as the ones that are getting the homes in the $400k range and less. So the sellers HAVE to do something to attract the few buyers in those areas, and 9 times out of 10 price is the biggest factor!
Everyone wants to live in Beverly Hills. Depends on the part of BH that gets the higher value. Value in Beverly Hills also includes condos. The average home is not selling for 1.5 in the better parts of BH.
The Carrabba Group
Keller Williams Hollywood Hills
The higher end is RARELY selling.
It is difficult to get loans on properties in this price range.
Some people have grand illusions that their home is worth more than it is as well.
Some are just doing what comes natural and trying to get as much as they can.
Harold Sharpe - Broker
So Cal Homes Realty
California Department of Real Estate License # 01312992
The best way to get the market trend info for an area is to work with an agent who has access to more sources then the general public. A good agent will help you get these answers and help you to find the property that works with your developing requirements. Please check out my site you will find more helpful information.
Keller Williams Realty
REAL ESTATE re-envisioned
Beverly Hills (area #1 in the MLS)
117 Active Single Family Residences 12 Backup 16 Pending and 97 Sold
A Listed over $60million: 1, B Listed between: $20-$30million 2, C Listed between: $10-$20million 17,
D Listed between: $5-$10million 38, E Listed between: $2-$5 million 22, F Listed under $2million 37
Sold: A = 0, B= 0, C= 4, D=20, E=34, F=39
What is the best way to find out about the market price, selling price and average days on the market for homes listed in different price ranges? I can't find this information on trulia. I'm interested in purchasing and developing a lot for future investment purposes. Is there anywhere I can find the average cost of building a home in BH, especially those listed at different price ranges?
If you have any further questions, feel free to contact me.
#1 Listing and Selling Agent
Keller Williams Westside Realty