The City of Rolling Hills had the following real estate market activity for single family residences during February 2015:
Properties Sold: 3
Properties for Sale as of 2/28/15: 15 Sales have been averaging 2 homes sold per month over the last 3 months.This equates to approx. 7 months of inventory. 3 homes are in escrow as of the end of February.
Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 860 per sq. ft. , about 34% higher than the comparable period last year.
Properties sold at an average of 94% of List Price and took approx. 2 to 3 months to sell over the last 3 months
For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at https://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.
