Rolling Hills 4th 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 12/31/2018: 16: 33% decrease over this time last year. 7 homes were sold during the 4th quarter of 2018.. This equates to a 7 month supply.  1 homes is in escrow as of the end of December.

 

Average List Price at 12/31/18: $4.9 million   Average Sold Price over the last 3 months: $5.6 million 

 

Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 619 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 72% of List Price and took approx. 4 months to sell.

 

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

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Rainer
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Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties sold.

Jan 13, 2019 02:38 AM #1
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Maureen Megowan

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