Beverly Hills Market

Best Time to Buy a Condo

in Beverly Hills, CA • 2026 Buying Guide

Best Month

October

$2.88M

Avoid

March

$3.77M

Potential Savings

$887K

23.5% difference

Market Type

Balanced

5.2 mo. supply

Beverly Hills is a Balanced Market for Condos

Even in a seller's market, condos require strategic timing. Focus on move-in ready presentation, as condo buyers often want turnkey living. Highlight low HOA fees, building amenities, and any recent assessments already paid.

Beverly Hills Market Snapshot

Median Sale Price

$2.43M

-41.7% YoY

Days on Market

95

median days

Inventory

120

active listings

Sale-to-List Ratio

95.5%

room to negotiate

Condo Prices by Month in Beverly Hills

Jan

$3.57M

Feb

$2.89M

Mar

$3.77M

Peak

Apr

$2.59M

May

$2.95M

Jun

$3.05M

Jul

$2.86M

Aug

$2.48M

Sep

$2.98M

Oct

$2.88M

Best

Nov

$3.41M

Dec

$2.91M

Based on historical sales data in Beverly Hills

Why Timing Matters for Condos

Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.

Buying a Condo in Beverly Hills: What to Know

Key Considerations

  • Review at least 3 years of HOA meeting minutes for hidden issues
  • Check the reserve fund percentage (ideally 70%+ funded)
  • Verify what insurance the HOA covers vs. what you need
  • Understand rental restrictions if you might rent it out later
  • Review any pending special assessments or litigation

Red Flags to Watch

  • HOA with less than 50% reserves
  • Multiple units for sale in same building (could indicate problems)
  • Pending or recent litigation against the HOA
  • High owner-to-renter ratio (affects financing)
  • Deferred maintenance on common areas

Top Agents for Condos in Beverly Hills

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Financing a Condo in Beverly Hills

  • Some condos may not be FHA or VA approved - check early
  • Non-warrantable condos require conventional financing with higher down payments
  • HOA fees count toward your debt-to-income ratio
  • Get quotes from lenders who specialize in condo financing

Pro Tip: With Beverly Hills's median price at $2.43M, a 20% down payment would be approximately $486K. Get pre-approved early to know exactly what you can afford.

Best Time to Buy Other Property Types in Beverly Hills

More Beverly Hills Resources

Frequently Asked Questions About Buying a Condo in Beverly Hills

When is the best time to buy a condo in Beverly Hills, CA?

Based on our analysis of Beverly Hills's housing market, October is typically the best time to buy a condo. During this month, prices average around $2.88M, which is 23.5% lower than peak prices in March. Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.

How much does a condo cost in Beverly Hills?

The current median home price in Beverly Hills is $2.43M. Condo prices vary based on location, size, and condition. Year-over-year, prices have changed -41.7%. Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.

Is Beverly Hills a good place to buy a condo?

Beverly Hills has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right condo but be prepared to move when you find it.

What should I look for when buying a condo in Beverly Hills?

Key considerations for buying a condo in Beverly Hills include: Review at least 3 years of HOA meeting minutes for hidden issues; Check the reserve fund percentage (ideally 70%+ funded); Verify what insurance the HOA covers vs. what you need. Also watch for red flags like HOA with less than 50% reserves and Multiple units for sale in same building (could indicate problems).

How long do homes stay on the market in Beverly Hills?

Homes in Beverly Hills currently spend an average of 95 days on market. This suggests a slower market where you have more time to negotiate.

How do I finance a condo in Beverly Hills?

Some condos may not be FHA or VA approved - check early Non-warrantable condos require conventional financing with higher down payments With Beverly Hills's median price of $2.43M, you'll want to get pre-approved early to understand your budget.

Buying a Condo in Beverly Hills, CA

Looking for the best time to buy a condo in Beverly Hills? Our analysis shows that October typically offers the best prices, with homes averaging around $2.88M. Buying during this time could save you up to $887K compared to peak months like March.

Current Beverly Hills Market Conditions

With a median price of $2.43M and homes spending an average of 95 days on market, Beverly Hills is currently a balanced market. There's currently 5.2 months of inventory available.

About Condos

Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.

Working with a Local Agent

There are 3 real estate agents active in Beverly Hills who can help you find the perfect condo. A local expert understands neighborhood nuances, pricing trends, and can help you navigate Beverly Hills's specific market conditions.

Ready to Buy a Condo in Beverly Hills?

Connect with local agents who specialize in condos.