Rolling Hills 2nd Quarter 2019 Real Estate Market Report

The City of Rolling Hills had the following real estate market activity for single family residences during the 2nd quarter of 2019

Properties for Sale as of 6/30/19: 15: 58% decrease over this time last year. 4 homes were sold during the 2nd quarter of 2019.. This equates to a 4 month supply.  2 homes are in escrow as of the end of June

Average List Price at 6/30/19: $5.6 million   Average Sold Price over the last 3 months: $2.9 million which fluctuates widely due to the limited number of sales.

Average Price per Sq. Ft. for Properties Sold during the last 3 months: $875 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 92% of List Price and took an average 6 months to sell.

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