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Beverly Hills Post Office Residential Real Estate Market Snapshot for February 2022.

Average sales price: $6.88 million 💰
Average list price $8,500,000 💰
Average days on market 49 📈
12 homes sold. 🏠
Average price per square foot $1265 📏

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: “Locally Known – Globally Connected”.

Search for luxury properties in your area, whether in the “Platinum Triangle” 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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Transcripts:
Hi, this is the residential

real estate market snapshot

for Beverly Hills Post Office 90210,

here in the city of L.A..

What is the Beverly Hills Post Office?

It’s an area just north

of the city of Beverly Hills,

but technically in the Los Angeles area.

That’s why it’s called Beverly

Hills Post Office 90210.

You get the Beverly Hills address 90210.

But you’re part of the city of L.A.,

not the city of Beverly Hills.

So little different pricing

than in the city of Beverly Hills.

And essentially, it’s

from about a mile north

of Sunset Boulevard

to Mulholland Drive on the North

Bel Air to the west

in the Hollywood Hills to the East.

So that’s kind of the general demographic

or graphics of that area.

So what’s going on

in the residential market?

So the average sales price

right now is $6.88 million

and that’s down about 3%

from the previous quarter.

The current average list

price is $8.51 million and it’s down

about 24% from the previous quarter.

Total properties

sold in the month of February, down

about 18% from the prior quarter.

And right now, the average days on

the market is about 49 days.

That’s down significantly by 42%,

which is very interesting.

The sales price right now

is an average of $1265

per square foot.

There have been some sales

as high as 2500-3500

but that’s down about 4%.

So that’s the current

snapshot in this area.

It’s a wonderful community.

So you don’t pay quite the prices

of Beverly Hills City.

You get L.A.

city services and you can get

some really fantastic views

if you’ve got the right location

because you’re up in the hills

overlooking all of L.A.

and Beverly Hills.

Christophe Choo Luxury Real Estate Series – Beverly Hills & Los Angeles https://christophechoo.com