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🏡 March 2024 Luxury Real Estate Market Update & Trends for Beverlywood, CA 🌟

🏡 March 2024 Luxury Real Estate Market Update & Trends for Beverlywood, CA 🌟

By Christophe Choo Posted Apr 16, 2024 Beverly Hills, Latest Updates, Market Activity, Real Estate Advice for Buyers & Sellers, Videos

🏡 March 2024 Luxury Real Estate Market Update & Trends for Beverlywood 🌟

🔼 Avg Sales Price: $1.99 million, 📈 UP 19%

🔼 Avg List Price $2.60 million, 📈 UP 20%

🔼 Properties Sold: 13, 📈 UP 117%

🔼 Days on Market: 38  📆,  📈 UP 46%

🔼 $/Sq FT: $1,018, 📈 UP 6%

Unlock the hidden wealth in your Beverlywood property! 🗝️💼 Curious about your home equity 💰? Thinking of buying in Beverlywood? 🏠🌴 Let's chat! Send a DM or call us at 📱 310-777-6342 for expert insights!

Beverlywood Real Estate Shines in March 2024: A Thriving Community Just Steps from Beverly Hills

In the serene neighborhood of Beverlywood, located just south of the illustrious Beverly Hills, residents enjoy a harmonious blend of traditional charm and modern living. Known for its quiet residential streets and a strong sense of community, Beverlywood offers a unique living experience that's both tranquil and centrally located.

March 2024 has seen a remarkable surge in Beverlywood’s real estate market:

Sales Price Soars: The average sales price in Beverlywood has seen a significant rise to nearly $2 million, marking a 19% increase. This uptick reflects the growing demand for homes in this coveted area.
Listing Price Trends: With an average listing price of $2.6 million, up by 20%, sellers are optimistic about the value their properties hold.
Market Activity: The number of properties sold has impressively doubled, with 13 homes changing hands, demonstrating a 117% increase. This bustling activity underscores the area's rising popularity.
Days on Market: Homes are selling faster, with the average days on market now at 38, up by 48%. This indicates a quicker turnover, with homes attracting buyers more rapidly than before.
Affordable Luxury: At an average of $1,018 per square foot, the price per square foot in Beverlywood remains appealing, having risen by 6%. This offers an accessible entry point into a luxurious locale.
Highlighted by a recent Wall Street Journal article as a trending spot, Beverlywood is evidently a top choice for those looking to embrace the Los Angeles lifestyle without venturing too far from the glamour of Beverly Hills. Whether you're seeking a cozy family home or a stylish modern residence, Beverlywood offers a spectrum of opportunities to fit your taste and budget.

Is Beverlywood the right place for you? If you’re considering a move or looking to invest in Los Angeles real estate, Beverlywood’s thriving market and community spirit make it a prime candidate. Contact us today to discover how you can be part of this vibrant community or to get a personalized analysis of your potential home investment.

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