Rolling Hills 1st Quarter 2018 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 1st quarter of 2018

 

Properties Sold: 6

 

 

 

 Horses

Properties for Sale as of 3/31/2018: 25, a 9% 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. 2 homes are in escrow as of the end of March.

 

 

Average List Price at 3/31/18: $5.7 million   Average Sold Price over the last 3 months: $2.8 million 

 

Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 683 per sq. ft. 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. 4-6 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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