The City of Rolling Hills had the following real estate market activity for single family residences during October 2015:

Properties Sold: 3

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Properties for Sale as of 10/31/15: 20 Sales have been averaging 2 homes sold per month over the last 3 months.This equates to approx. 10 months of inventory. 3 homes are in escrow as of the end of October.

Average List Price at 10/31/15 $4.2 million
Average Sold Price over the last 3 months: $4.6 million

Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 872 per sq. ft. , about 15% higher than the comparable period last year.

Properties sold at an average of 94% of List Price and took approx. 1 to 2 months to sell over the last 3 months

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

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.