Submarket Snapshot: Homes near Beverly Center in Q1 2016

Per-square-foot price dips, average home price rises

Jun.June 06, 2016 05:04 PM

There were 31 homes sold in the Beverly Center area for more than $1 million in the first quarter of the year, down from 32 in the fourth quarter of 2015, according to a report on luxury sales by the Agency.

The luxe properties traded for an average of $1.9 million, up from $1.8 million in the previous quarter. The per-square-foot price dipped to $765, down from $778 in the fourth quarter.

As of April 2016, there were 39 luxury homes on the market in the area for an average listing price of $2.2 million, and $758 a square foot.

Related Articles


Beverly Center’s $500M renovation is complete; surprise, it’s still a mall

Zara inks 28K sf lease at Beverly Center

Rick Caruso chops down 333 La Cienega high-rise tower

Rick Caruso’s Beverly Center tower gets go-ahead from Planning Commission

Beverly Center teases renovations with flashy art

Could one Italian architect have the antidote for America’s dying malls?

Developers are snatching up Santa Monica’s entry level housing stock

Development in Mar Vista could be dimmed by mansionization restrictions