The City of Rolling Hills had the following real estate market activity for single family residences during September 2016:

Properties Sold: 1

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Properties for Sale as of 9/30/16: 28 Sales have been averaging 1 homes sold per month over the last 3 months. This equates to approx. 28 months of inventory. 1 homes is in escrow as of the end of September.

Average List Price at 9/30/16: $6.0 million
Average Sold Price over the last 3 months: $2.0 million

Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 692per sq. ft. , about 31% lower than the comparable period last year.

Properties sold at an average of 89% of List Price and took approx. 2 to 4 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.