The City of Rolling Hills had the following real estate market activity for single family residences during the 3rd quarter of 2018
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.