Rolling Hills March 2017 Real Estate Market Report

By
Real Estate Agent with Remax Estate Properties - BRE #01368971

March 2017

 

Properties Sold: 4

 

 

 

Horses

 

Properties for Sale as of 3/31/17: 23 Sales have been averaging 1.3 homes sold per month over the last 3 months. This equates to approx. 17 months of inventory. 3 homes are in escrow as of the end of March. 

 

 
 
Average List Price at 3/31/17: $6.4 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: $ 840 per sq. ft. , about 6% lower than the comparable period last year. This number fluctuates greatly based upon the small number of sales per quarter.

 

 
 

 

Properties sold at an average of 87% of List Price and took approx. 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.

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