The high end holds its ground
Beverly Hills 90210 closed the third quarter with the median single-family sale price at $6.4M, up 6.7% year over year and a new quarterly high for the market. Appreciation was led by trophy inventory in Trousdale Estates and the Flats, where limited supply of turnkey estates continued to outweigh a modest rise in overall listings. Buyers remained active at the top of the market, but greater selectivity pushed the median days on market to 84.
Inventory expanded roughly 12% against the prior year, giving qualified buyers more room to negotiate below the very top tier. The sale-to-list ratio eased to 96.5%, signaling a market that is still firmly appreciating but less frenzied than a year ago — a healthy, better-balanced environment for both well-priced sellers and prepared buyers.