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Housing market information is provided by Altos Research, Inc. based on analysis of all active market properties for sale in the US in the preceding week. All analytics are copyright Altos Research and not affiliated with any MLS. Can sell for around list price and go pending in around 31 days. Can sell for around list price and go pending in around 33 days. Fire risk estimates the risk of wildfires, based on the likelihood of burning in the future and the potential size and severity of a fire. Click on the risks below to learn which exist in Bel Air today and how they’ll change by 2050.
Together with Beverly Hills and Holmby Hills, this trio forms the Los Angeles Platinum Triangle — one of the most sought-after real estate locations in the world. Nestled in the easternmost flank of the majestic Santa Monica Mountains, Bel Air towers above several neighborhoods throughout L.A. Bel Air’s borders are composed of Sepulveda Boulevard to the west, Mulholland Drive to the north, Beverly Glen Boulevard to the east, and the iconic Sunset Boulevard to the south. Is about 17 miles away but Bel Air residents don’t need to venture that far off to sample the best amenities that the city has to offer. Bel Air’s history dates back to 1923, when founder Alphonzo Bell laid the foundations of this exclusive enclave. After striking oil, Bell put his massive fortune to good use by developing the area.
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Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. Only mortgage transactions on single-family properties are included. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity.
Median home value is the value which has equal numbers of homes valued above and below it. The median home value is more stable than the average home value, which can be greatly affected by a few very high or very low home values. People in Bel Air primarily live in small units, chiefly found in large apartment complexes or high rise apartments.
Average Home Price
On the insistence of his wife, streets were given Italian names. One sure way to distinguish Bel Air from other neighborhoods in the area is to look out for these Italian-inspired streets. Of homes in Bel Air are required to have flood insurance. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. Many homes get multiple offers, some with waived contingencies.
Three of them are conveniently located in a cul-de-sac while the nearby fourth home is located down the hill. Nearby community amenities are also readily accessible. Public parks like Getty View, Briarwood, and Beverly Glen boast marvelous views of the city’s urban and natural landscape. Premier lifestyle clubs like Bel Air Country Club or MountainGate Country Club are excellent places for relaxing and practicing one’s swing along the fairways. Paul Getty Museum is a quick drive away and houses thousands of rare artworks and artifacts. Landscape, 24/7 security, and a host of luxury amenities, the price tag is well worth it for those who can afford to settle down in this exclusive neighborhood.
Home offer insights for Bel Air
The Stone Canyon Overlook is a nice spot to admire the engineering marvel that is Stone Canyon Reservoir. There are also picturesque views of the nearby Santa Monica Mountains. On cloudless days, Catalina Island and the Palos Verdes Peninsula are visible from this vantage point.
Our data are calculated and updated every three months for each neighborhood, city and town, approximately two months after the end of the previous quarter. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage transactions to the FHFA. These data are combined with the data of the previous 29 years to establish price differentials on properties where more than one mortgage transaction has occurred. These resultant neighborhood appreciation rates are a broad measure of the movement of single-family house prices. The appreciation rates serve as an accurate indicator of house price trends at the neighborhood level. Neighborhood appreciation rates from NeighborhoodScout are based on both median house value data reported by respondents via the U.S.
It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more. Flood risk data is provided by Risk Factor™, a product of the nonprofit First Street Foundation. Risk Factor™ is a peer reviewed scientific model, designed to approximate flood risk and not intended to include all possible risks of flood. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period.
The superstar couple of Jay-Z and Beyoncé live in a contemporary-style Bel Air mansion. They purchased the property for about $88 million in 2017. Aside from providing cozy and elegant accommodations, Hotel Bel Air also offers the perfect setting for a romantic date night or a filling brunch with the family. The hotel’s exceedingly popular Bar & Lounge offers an intimate and private space for guests to talk business or catch up on the latest talk of the town. Westridge-Canyonback Wilderness Park is about a half-hour drive away and offers 1,500 acres of unfettered open space. The park is ideal for different types of adrenaline seekers — from hikers and trail runners to mountain bikers and horseback riders.
Just like the rest of L.A., this enclave receives approximately 16 inches of rain on average annually. At the heart of Los Angeles County, California lies the lush foothills and vast estates of Bel Air. This affluent neighborhood is, without any doubt, the epitome of Los Angeles luxury real estate. Homeownership can be overwhelming, stressful, and confusing. Whether you’re searching for a new home, staying put, or somewhere in between, Realm is here to help. We use reliable, unbiased data to show you not only what a property is worth today, but what it could be worth in years to come.
Work with a top Bel Air real estate agent to figure out the best selling strategy and start bidding wars on your home. Visit our Buyer Resource Center for the latest home buying advice from top real estate agents across the country. Homes in Bel Air are staying on the market for 0 days on average. That’s 0 days more than the average in December 2021. Find a top agent with a proven track record of selling homes faster than their peers or who can help you find your dream home, no matter how quickly their market moves. Explore how many homes are likely to flood in nearby cities, compared to .
The vast property is considered the largest modern home in the U.S. Some of its standout features include a private bowling alley, a dedicated space for a nightclub, a full-service salon, as well as a bar and cigar lounge. Jennifer Aniston, who shot to fame for her starring role in the 90s hit sitcom, Friends, is another celebrity with a Bel Air address. Aniston’s mid-century home was designed by Frederick Fisher but the award-winning actor has since made a few changes to fit her preferences. The formal living room features an attractive interplay between dark and light colors. The casual living room is a bit more laid-back, with a pool table and several artworks on display.
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