Rolling Hills 2nd Quarter 2018 Real Estate Market Report

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 2nd quarter of 2018


Properties Sold: 6


Properties for Sale as of 6/30/2018: 36,  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 18 month supply.  2 homes are in escrow as of the end of June


Average List Price at 6/30/18: $5.2 million   Average Sold Price over the last 3 months: $2.7 million 


Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 646 per sq. ft. This number fluctuates greatly based upon the small number of sales per quarter.


Properties that sold during the quarter were at an average of 91% of List Price and took approx. 1-3 months to sell.


For other market reports for the Palos Verdes Peninsula, go to Market Reports on my website.

Comments (1)

Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good day 

Thank you for sharing your information with us 

Have a great day.


Jul 26, 2018 08:00 PM