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Beverly Hills Luxury Residential Real Estate Market Snapshot for February 2022 with Christophe Choo Real Estate Group

Beverly Hills Luxury Residential Real Estate Market Snapshot for February 2022 with Christophe Choo Real Estate Group

By Christophe Choo Posted Mar 22, 2022 Beverly Hills, Latest Updates, Market Activity, Videos

Beverly Hills Residential Real Estate Market Snapshot for February 2022.

Average sales price: $7.2 million
Average list price $10,065,000
Sales price to list price 99%
39 homes sold.
3.15 months supply of inventory.

Christophe Choo is in the top 1% of brokers internationally with 32 years of experience as the President of the Christophe Choo Real Estate Group at Coldwell Banker Global Luxury Real Estate in Beverly Hills. The #1 producing office in the United States for 24 years and the most comprehensive source for luxury real estate listings, from estate homes to luxury condominiums, incredible tear-down opportunities, and investment properties. Christophe was voted as the #1 Real Estate Video Influencer for North America in 2018.

Based in Beverly Hills, California, The Christophe Choo Real Estate Group provides exclusive luxury homes for sale on a local, global and international stage. Hence the tagline: ā€œLocally Known ā€“ Globally Connectedā€.

Search for luxury properties in your area, whether in the ā€œPlatinum Triangleā€ areas of the Westside of Los Angeles of Beverly Hills, Holmby Hills, and Bel-Air or in The Sunset Strip, Hollywood Hills, Brentwood, Westwood, the Wilshire Corridor, Century City, Pacific Palisades, Santa Monica, Malibu, Venice, Marina Del Rey, Cheviot Hills, Hancock Park, Los Feliz and the key Westside areas of Los Angeles, the Christophe Choo is the luxury Realtor that can help you achieve your selling or buying goals in Los Angeles.

Call or email me today! Christophe Choo 310-777-6342
The Christophe Choo Real Estate Group
Coldwell Banker Global Luxury
Beverly Hills Realtor | Luxury Real Estate Agent
Email: [email protected]

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Transcript:
I want to give you a market snapshot

of the residential real estate market

here in the city of Beverly

Hills, California. 90210.

For the month of February 2022.

So what's going on?

And this is compared to the last

quarter previously.

So right now, our average sales price

in the city of Beverly

Hills is $7.2 million.

That's up about 7%.

Our average listing

price is $10.65 million

which is down about 9%.

Currently the listing to selling

price ratio is 99%,

which is up 1% from the previous quarter.

Also last month, there were 39 homes sold

in our marketplace,

and that's a 4% increase

in our monthly supply of inventories,

currently a 3.15 months.

That's down 3% of

inventory is going down.

Everything else is going up.

So if you've ever thought of selling,

now might be the right time.

So stay tuned for further market updates

and all of the market

areas here in the L.A. area.

Christophe Choo Luxury Real Estate Series - Beverly Hills & Los Angeles https://www.ChristopheChoo.com
Call Christophe Choo today at 310-777-6342

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