After making a strong comeback in the average price per sq. ft. of homes sold in Rolling Hills Estates during the spring, the most recent quarter showed an approx. 6% drop from the comparable quarter a year ago. Because of the relatively small number of monthly sales, the average monthly price per sq. ft. for this city is highly dependent on the type of homes sold during the month.
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The number of properties on the market in Rolling Hills Estates decreased substantially in November, but this is normal for the holiday season and is comparable to the prior year. Based on the average monthly sales for the last 3 months, there is currently a 7 month inventory of unsold homes.
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80 Buckskin LN $1,350,000 4 4.00 3,157 $427.62 2000 S11100175 11/01/11 71
27 Hillcrest Manor $1,850,000 5 5.00 4,595 $402.61 1999 V11116334 11/17/11 75
Average $1,600,000 5 4.50 3,876 $413 73
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