Bel Air prices just hit a new high. The median list price is now almost $10.5 million, up from about $9.2 million in July. But there is more to the story than one number.
Real-Time Market Profile
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Median List Price: $10,495,000
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Median Price of New Listings: $25,547,500
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Per Square Foot: $1,320
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Average Days on Market: 248
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Median Days on Market: 175
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Price Decreased: 22%
-
Price Increased: 0%
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Relisted: 16%
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Inventory: 89
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Median Rent: $27,500
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Market Action Index: 27, slight buyer’s advantage
What Changed Since July
In July, the median list price in Bel Air was about $9.2 million. Today it is almost $10.5 million, an all time high for this ZIP code. Inventory also went down, from 104 homes to 89.
But here is the important part. Price per square foot stayed almost the same, around $1,320. So homes are not suddenly worth more per foot. The homes coming on the market are bigger and newer. The median price of new listings is over $25 million.
The index is at 27, up from 25 last month. Buyers still have a small advantage, but the market is slowly warming up.
Market by Price Range
|
Segment |
Median Price |
Sq. Ft. |
Lot Size |
Beds |
Baths |
Days on Market |
|---|---|---|---|---|---|---|
|
Ultra luxury |
$45,000,000 |
15,350 |
1 to 2.5 acres |
7 |
11.5 |
252 |
|
Premium |
$14,925,000 |
8,685 |
0.5 to 1 acre |
6 |
7 |
213 |
|
Classic Bel Air |
$6,097,500 |
4,838 |
0.25 to 0.5 acre |
5 |
5 |
105 |
|
Entry level |
$1,794,000 |
2,305 |
6,500 to 8,000 sq ft |
3 |
3 |
108 |
Classic Bel Air homes, around $6 million, are still moving the fastest, in about 3 to 4 months. Estates over $14 million take much longer, 7 to 8 months on average.
The average home has been listed for 248 days. The median is 175 days, so half the homes came on the market in the last 6 months or so.
What This Means for You
If you are selling, the top of the market is strong, but 22% of listings have cut their price. Buyers here compare carefully. The right price from day one still matters most.
All of Bel Air is in the City of Los Angeles, so the LA Mansion Tax applies to every sale over the threshold. Plan for it before you set your price.
If you are buying, you still have room to negotiate, especially on homes that have been listed for a while. With fewer homes for sale, the best ones will not wait long.
Want to know what this means for your home? I’m happy to prepare a free market snapshot for your street. Just reply or give me a call.
Planning your next move in Bel Air? Request a free home valuation based on the latest sales, browse homes for sale in Los Angeles, or explore my Bel Air neighborhood guide.
Data source: Altos Research, single family homes in Bel Air (90077), week of October 8, 2026.
Asal Almawy
International Luxury Advisor
DRE# 02066395
