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Beverly Hills Luxury Condo Market Update – August 2025

The Beverly Hills luxury condo market experienced some interesting shifts in August 2025, highlighting trends that both buyers and sellers should be aware of. Whether you're looking for a condo priced between $1.5 million and $3 million or eyeing a high-end property over $3 million, understanding the market dynamics is essential for making informed decisions.

Condos Priced $1.5M – $3M

This segment of the market continues to attract both local buyers and out-of-state investors looking for a prestigious Westside address. Key insights include:

Average Sales Price: Approximately $2.4 million
Price per Square Foot: $1,000–$1,300
Days on Market: Typically 50–80 days
Buyer Profile: Move-up buyers and those seeking Westside luxury without venturing into the ultra-high-end market

Properties in this range are somewhat price-sensitive. Sellers may need to employ strategic pricing, staging, and marketing to attract qualified buyers. Well-maintained and newly renovated condos tend to move faster than older or less updated units.

Condos Priced Above $3M

High-end condos over $3 million continue to see strong demand, with properties often selling quickly—sometimes within just a few weeks.

Average Sales Price: Approximately $5 million, with some units reaching up to $9.8 million
Price per Square Foot: $1,200–$1,800, with ultra-luxury properties like The Maybourne commanding premium rates
Days on Market: 0–37 days for prime properties
Buyer Profile: International buyers, celebrities, and high-net-worth individuals seeking privacy, exclusivity, and top-tier amenities

Even with a competitive market, buyers in this segment are increasingly discerning, looking for condos that combine location, design, and lifestyle benefits.

Market Trends & Insights

The mid-range segment ($1.5M–$3M) requires thoughtful pricing and marketing strategies to attract serious buyers.
The premium segment ($3M+) remains highly competitive, with unique features and prime locations selling quickly.
Buyers across the board are prioritizing privacy, exclusive amenities, and modern finishes.
Ultra-luxury buildings like The Maybourne, Rosewood at 9900 Santa Monica Boulevard, and 425 N Palm Drive continue to set new benchmarks for price per square foot in the greater Los Angeles area.

Navigating the Beverly Hills Condo Market

Whether you're buying, selling, or investing in Beverly Hills luxury condos, having a trusted real estate advisor can make all the difference. With over 25 years of experience in buying, selling, and refurbishing properties across Beverly Hills and the Westside, I help clients make informed decisions, navigate the complexities of the market, and achieve the best possible results.

Contact Marty Halfon of Halfon Properties today for personalized insights and guidance in the Beverly Hills luxury condo market.