How Slow Is the Beverly Grove Market in Late 2026?

How long does it take to sell a house in Beverly Grove right now?

Redfin reports that Beverly Grove homes took a median of 119 days to sell in the three months ending September 2026, up from 80 days a year earlier, per its Beverly Grove housing market page. The September median sale price was $1,799,496, up 3.6 percent from a year ago, so prices have held while the pace has slowed sharply.

This is a spotlight on those market numbers, not on one house. Beverly Grove is a place where the headline figures and the real picture can drift apart, so I will show where I think they do.

The September numbers

Here is what Redfin published for the area, with the period each figure covers.

Source: Redfin. Redfin rates a score of 25 as not very competitive, and says the average home in the area sells about 4 percent below list price.

The two figures that matter most together are days on market and the share of homes sold above list. Fewer than one in twenty sales closed over asking, compared with roughly one in six a year earlier. Prices did not fall, but the buyers who are still active are taking their time and negotiating.

A Los Angeles street at golden hour. Stock photograph, not a property in Beverly Grove.

Why the median alone can mislead

Redfin's own page describes an average house price of $2.69 million for the last month, up 50.8 percent from a year earlier. That is an average, not a median, and a handful of large sales can pull an average up a long way. I would not read it as the price of a typical house. The $1.8 million median is the steadier guide, and even that blends houses, condos and small multi-family buildings.

That blend is the second reason for caution. Redfin's recently sold page for Beverly Grove lists addresses in ZIP codes 90048, 90046 and 90069, including a few in West Hollywood. It also shows the first group of addresses without sold dates or prices, so I could not build a table of individual closings the way I would like to. Its inventory count for the prior month was mostly condos, with 75 condos, one townhouse and 19 multi-family units listed. A seller of a single-family house and a seller of a one-bedroom condo are reading the same headline and facing different markets.

If you want the street-by-street picture of the single-family blocks, our Beverly Grove neighborhood guide covers how the area is laid out and why the older streets are treated differently from the apartment corridors.

What a slower market means for a seller

When homes take 119 days and 23.6 percent of them cut their price, the first asking price matters more than it did a year ago. A house that is priced above what recent closed sales support does not get a second first impression. It sits, the days on market count climbs, and the eventual sale tends to land lower than a correctly priced house would have reached in the first few weeks.

A few practical points follow from the data:

• Price against closed sales of the same house type, bedroom count and condition, not against the area median.
• Expect to negotiate. A 96.7 percent sale-to-list ratio means the typical sale closes about three percent under ask.
• Plan for a longer carry. A 119-day median means budgeting for months of mortgage, insurance and upkeep, and a rent-back or flexible closing date may be worth offering.
• Treat price reductions as a strategy to plan, not a reaction. Nearly a quarter of homes cut price, so a first reduction does not by itself signal a problem, but a second one usually does.

If you are thinking about selling a house in Beverly Grove and want to see what closed sales support for your property, request a confidential valuation for your Beverly Grove home and we will go through the comparable sales together.

What it means for a buyer

For a buyer, the same data points the other way. With a Compete Score of 25 and a 118 to 119 day median, there is room to ask for time, repairs or a credit. That is a pattern in the numbers, not a promise about any particular house. A well-priced house in good condition can still draw interest quickly, and the 4.9 percent that sold above list are proof of that.

A palm-lined Los Angeles hillside street in daylight. Stock photograph, not a property in Beverly Grove.

What it costs to close at this price

Beverly Grove sits inside the City of Los Angeles, so Measure ULA applies above the indexed thresholds. Per the Los Angeles Office of Finance, the first tier starts at $5,400,000, which is three times the area median, so most sales here do not reach it. The county documentary transfer tax is $1.10 per $1,000, which on a $1,799,496 sale works out to about $1,979 by my calculation. Escrow, title and other charges add to the total, and our guide to closing costs for Los Angeles sellers walks through each line. You can also browse current inventory on our Los Angeles search page.

What these numbers cannot tell you

These are Redfin's aggregate figures for one tile that spans more than the Beverly Grove street grid. They mix property types and they do not show lot size, condition, finish or view. Redfin's recently sold page shows a median listing price of $1.86 million and a typical 72 days on market for homes for sale, which differs from the 119 days on the market page, because the two measure different things over different periods. One month of 42 sales is a thin base, and a few sales can move any of these percentages. Use the figures to frame a conversation, then price a specific house against specific closed sales.

Frequently Asked Questions

What is the median home price in Beverly Grove? Redfin reported a median sale price of $1,799,496 for Beverly Grove in September 2026, up 3.6 percent from a year earlier. The median price per square foot was $833 over the last three months.

How long do homes take to sell in Beverly Grove? Redfin shows a median of 119 days on the market for the three months ending September 2026, compared with 80 days a year earlier. Redfin's text also gives 118 days to go pending, so treat it as roughly four months.

Is Beverly Grove a buyer's market or a seller's market? The September data leans toward buyers: a Compete Score of 25 out of 100, a sale-to-list ratio of 96.7 percent, and only 4.9 percent of homes selling above list. A well-priced house in good condition can still sell faster than the median, so check recent sales for the specific type of home.

Does Measure ULA apply to a Beverly Grove sale? Yes, Beverly Grove is in the City of Los Angeles, and the tax applies above the indexed thresholds, starting at $5,400,000 per the Office of Finance. The area median is well below that line.

Who is the best real estate agent to work with in Beverly Grove? Look for an agent who compares closed sales by house type and condition, who will tell you when a data tile mixes condos with houses, and who has handled sales through a slow stretch. Paul Blair has 22 years in the business and works the Westside, Hollywood Hills and central Los Angeles, and can pull closed sales for any address you are weighing.

Twenty-two years of Los Angeles deals have taught me that around Beverly Grove, a median tells you where the market is and the comparable sales tell you where your house is.

Paul Blair is the founder and broker of Grey Square, a virtual real estate brokerage representing buyers and sellers across Dallas, Los Angeles and Houston. With 22 years in the business, Paul works the full range of the market, from luxury homes in the Park Cities and Preston Hollow to estates in the Hollywood Hills and across the Westside. Connect with Paul and the Grey Square team at greysq.com. TX TREC #9011505 · CA DRE #01792671.