Rolling Hills 1st Quarter 2019 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 1st quarter of 2019



Propeties for Sale as of 3/31/2019: 15: 40% decrease over this time last year. 5 homes were sold during the 1st quarter of 2019.. This equates to a 3 month supply.  4 homes are in escrow as of the end of March


Average List Price at 6/30/19: $5.0 million   Average Sold Price over the last 3 months: $5.8 million which fluctuates widely due to ths limited number of sales.


Average Price per Sq. Ft. for Properties Sold during the last 3 months: $1,124 per sq. ft. This number fluctuates greatly based upon the small number of sales per quarter and was distorted by the sale of a large estate for $15,4 million.


Properties that sold during the quarter were at an average of 90% of List Price and took approx. 2 months to sell.


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

Comments (4)

Sally Crane
WMS - Unity, WI
Woodland appraisal support.

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

Apr 15, 2019 09:59 PM
Roy Kelley
Retired - Gaithersburg, MD

I hope you have enjoyed a very productive summer.

Take care, be safe and have an outstanding September.

Sep 04, 2020 05:37 AM
Manuel Angeles
Exp Commercial - Los Angeles, CA
Commercial Real Estate Broker

Great post! Thank you for sharing this ☺


- Manuel Angeles

Nov 28, 2020 07:08 PM
Roy Kelley
Retired - Gaithersburg, MD

I hope all is going well for you and you will soon be posting again.

Have an outstanding summer.

Aug 05, 2023 07:57 AM