Скачать или смотреть November 2022 Real Estate Market Update: Prices are Up in Our Areas!!!

Irina Hill, Realtor, MBA, CPA
(310) 467-2277
[email protected]

November 2022: The Prices Were Slightly Down In October. But Not Anymore!

November surprise: the prices are UP!

The inventories are tight.
The Demand is high.
Closer look at
Beverly Hills
Beverly Hills Post Office
Hollywood Hills East

Beverly Hills
114 homes available for sale
111 new listings
1210 Benedict Canyon Drive
$100,000,000
9950 Durant Drive #205
$789,000
21 properties were sold in November
ADOM was 98
Average price per sq. ft. $1,256
4.5% up

Beverly Hills Post Office (BHPO)
94 homes are available for sale
41 new listings
71 Beverly Park
$87,500,000
3197 Benedict Canyon Drive
$1,495,000
6 properties were sold in November
ADOM was 49
20 days less than in October
Average price per sq. ft. $1,278
19% up

Hollywood Hills East
43 homes are for sale
39 new listings
6312 Mirror Lake Drive
$6,990,000
2700 Cahuenga Blvd, E #4205
$588,000
8 homes were sold in November and it took on average
ADOM was 18
Average price per sq. ft. $838
16% up

Conclusion
Basi law of economics:
Low Supply + High Demand = Higher Prices
Sellers still offer perks
Do not wait for a “crash!”