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City of Rolling Hills Estates 1st Quarter 2012 Real Estate Market Report
The following is the 1st quarter 2012 Real Estate Market Report for the City of Rolling Hills Estates, including the unincorprated area known as Palos Verdes Peninsula adjacent to the City.
The number of homes for sale had decreased substantially the last several months  but picke up again in March, with 25 homes listed for sale, very close to the 28 listed for sale a year ago. Sales increased substantially in March to 12 homes sold, with another 10 homes in escrow at the end of the quarter. Based on the average monthly sales for the last 3 months of 6 homes sold, there is currently a 4 month inventory of unsold homes.
 
          With continuing low interest rates and sellers in a negotiating mood, now is an excellent time to purchase a home.
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