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Rolling Hills March 2017 Real Estate Market Report

March 2017

 

Properties Sold: 4

 

 

 

Horses

 

Properties for Sale as of 3/31/17: 23 Sales have been averaging 1.3 homes sold per month over the last 3 months. This equates to approx. 17 months of inventory. 3 homes are in escrow as of the end of March. 

 

 
 
Average List Price at 3/31/17: $6.4 million
 
Average Sold Price over the last 3 months: $3.3 million
 

 

Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 840 per sq. ft. , about 6% lower than the comparable period last year. This number fluctuates greatly based upon the small number of sales per quarter.

 

 
 

 

Properties sold at an average of 87% of List Price and took approx. 3 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 http://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.

Comment balloon 0 commentsMaureen Megowan • April 13 2017 09:38PM
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