Rolling Hills 3rd 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 3rd quarter of 2018

 

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Propeties for Sale as of 9/30/2018: 23: 8% decrease over this time last year. 5 homes were sold during the 3rd quarter of 2018.. This equates to a 14 month supply.  2 homes are in escrow as of the end of September.

 

Average List Price at 9/30/18: $4.9 million   Average Sold Price over the last 3 months: $3.9 million 

 

Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 865 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 97% of List Price and took approx. 3 months to sell.

 

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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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Great market report for your buyers and sellers and also us here in the rain.  Make it a great day!

Oct 16, 2018 03:20 PM #1
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Maureen Megowan

Palos Verdes Real Estate Blog
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