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How Long Will It Take To Sell Your House in Los Angeles and Beverly Hills, CA?

How Long Will It Take To Sell Your House in Los Angeles and Beverly Hills, CA?

By Christophe Choo Posted Oct 23, 2024 Latest Updates, Market Activity, Real Estate Advice for Buyers & Sellers, Real Estate Articles, What I'm Reading

How Long Will It Take To Sell Your House in Los Angeles and Beverly Hills, CA? | Christophe Choo at Coldwell Banker Global Luxury is Your Local Real Estate Expert

As you prepare to sell your house, one of the first questions on your mind is likely, “How long will this take?” It’s a reasonable concern—you want to have a clear timeline for planning your next steps, especially in markets like Los Angeles and Beverly Hills, where timing can impact the sale price and buyer interest.

While real estate markets vary widely from one city to another, understanding national trends can offer you a baseline. However, nothing compares to the insights of a local real estate expert who knows your market's unique conditions. If you're selling in Los Angeles or Beverly Hills, working with an experienced agent is crucial, as they’ll guide you on how local trends align with or differ from national patterns.

Homes Are Staying on the Market Longer—But There’s More to the Story

According to Realtor.com, the inventory of homes for sale has increased across the U.S. This is positive news for buyers, as more options are available. However, for sellers, it means homes are taking a bit longer to sell because buyers have more choices. For example, recent trends in Los Angeles and Beverly Hills show an uptick in listings, with buyers exploring more options across a range of price points.

Currently, the national average time to sell a home is around 55 days from listing to closing. While this is slightly longer than in the hot post-pandemic market, homes are still moving faster than in more traditional real estate cycles.

In prime Los Angeles neighborhoods, like Beverly Hills and Bel-Air, luxury homes often take longer to sell due to their unique features, custom designs, and higher price tags. But homes that are well-prepared, marketed strategically, and priced right can still move quickly—especially in competitive luxury markets.

Historical Perspective: Selling in Beverly Hills vs. Nationwide

Even though homes are taking a bit longer to sell in 2024, the timeline is still faster than what we saw in more "normal" years before the pandemic. For context, between 2017 and 2019, homes often took 60 days or more to sell. This rings especially true in high-end markets like Beverly Hills, where discerning buyers may take time to explore multiple options before making a decision.

That being said, Los Angeles remains a seller’s market due to ongoing demand for well-located properties with lifestyle appeal. According to data, even with more homes for sale, the demand in areas like Beverly Hills, Holmby Hills, and the Hollywood Hills still exceeds supply, meaning that well-presented homes—particularly those with modern amenities, privacy, and outdoor living spaces—are likely to sell faster than average.

Making Your Home Stand Out in LA’s Competitive Market

When selling your home in Los Angeles or Beverly Hills, partnering with the right agent is essential to make your property stand out. From determining an optimal price to staging your home for maximum appeal, an experienced luxury real estate agent will create a tailored marketing plan that draws in qualified buyers. This is especially important in a high-demand area where presentation, exposure, and pricing strategy are key to success.

In these prestigious neighborhoods, potential buyers are often looking for more than just a house—they’re seeking a lifestyle. Homes with outdoor living spaces, home offices, high-end finishes, and proximity to local amenities like high-end shopping and dining are in demand. Your agent will help highlight the features that align with what buyers are looking for, ensuring your home captures the right audience.

Bottom Line: Don’t Leave Your Sale to Chance

In the Los Angeles and Beverly Hills real estate markets, preparation is key to a swift and successful home sale. While homes may take a bit longer to sell on average this year, partnering with a skilled local real estate agent ensures your home is priced correctly, marketed to the right buyers, and staged to impress. If you’re ready to sell, let’s connect to ensure you’re making the most of the market in 2025.

Call Christophe Choo at (310) 777-6342 to tour your future home "HERE" or click "HERE" to estimate your home value

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