The City of Rolling Hills had the following real estate market activity for single family residences during July 2016:
Properties Sold: 0
Properties for Sale as of 7/31/16: 27 Sales have been averaging 2 homes sold per month over the last 3 months. This equates to approx. 13 months of inventory. 3 homes are in escrow as of the end of July.
Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 691 per sq. ft. , about 11% lower than the comparable period last year.
Properties sold at an average of 94% of List Price and took approx. 2 to 4 months to sell over the last 3 months