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Rolling Hills December 2017 Real Estate Market Report
The City of Rolling Hills had the following real estate market activity for single family residences during the 4th quarter of 2017 Properties Sold: 6 Properties for Sale as of 12/31/17: 24, a 33% increase over this time last year. Sales have been averaging 2 home sold per month over the last 3 months. This equates to a 12 month supply. 3 homes are in escrow as of the end of December Average List Price at 12/31/17: $5.6 million Average Sold Price over the last 3 months: $3.3 million Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 818 per sq. ft.his number fluctuates greatly based upon the small number of sales per quarter. Properties sold at an average of 89% of List Price and took approx. 2 -3 months to sell over the last 3 months For other market reports for the Palos Verdes Peninsula, go to Market Reports on my website. ... more
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