The number of properties on the market in Rolling Hills Estates ( including the unincorporated area of Palos Verdes Peninsula ) is 26 homes at the end of August, a 13% increase from the prior year. The number of properties sold monthly over the last 3 months is averaging 12 sales a month, a 20% increase compareed to the comparable period last year. There are 10 homes in escrow as of the end of August.
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The following is a list of the 15 homes sold in the City of Rolling Hills Estates ( including the
unincorporated area of Palos Verdes Peninsula ) during the month of August 2015:
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Based on the average monthly sales for the last 3 months of 12 homes and the 26 homes listed for sale, there is currently about 2 months inventory of unsold homes. The chart below is based upon the most recent month's sales.
The average list price of homes in Rolling Hills Estates over the last 3 months has been averaging $1,855,000, a 7% decrease over the comparable period last year. The average price of homes sold over the last three months was $1,512,000 a 1% increase over the similar period last year. |
The time period to sell a home has averaged about 1 to 2 months over the last quarter, and homes have sold for an average of 96% of list price
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