The number of properties on the market in Rolling Hills Estates ( including the unincorporated area of Palos Verdes Peninsula ) is 13 homes at the end of January. The number of properties sold monthly over the last 3 months is averaging 5 sales a month, the same as during the comparable period last year. There are 6 homes in escrow as of the end of January.
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The following is a list of the 4 homes sold in the City of Rolling Hills Estates ( including the
unincorporated area of Palos Verdes Peninsula ) during the month of January:
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Based on the average monthly sales for the last 3 months of 5 homes and the 13 homes listed for sale, there is currently a little under 3 months inventory of unsold homes. The chart below is based upon the most recent month's sales of 6.5 homes sold in January.
The average list price of homes in Rolling Hills Estates has been steady over the last 3 months averaging $1,699,000, a 5% decrease over the comparable period last year. |
The time period to sell a home has averaged about 2 months over the last quarter, and homes have sold for an average of 96% of list price
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