Rolling Hills December 2017 Real Estate Market Report

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

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

 

 

 Horses

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.

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Rainmaker
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Joyce Marsh
Regal | Christie's International Real Estate - Ormond Beach, FL
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Market Reports and updated real estate information is always very much appreciated by both buyers and sellers.  I'm sure they look forward to your timely reports Maureen Megowan 

Jan 31, 2018 02:54 PM #1
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