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City of Rolling Hills 1st Quarter 2016 Real Estate Market Report

The City of Rolling Hills ( area 166 in map below ) had the following real estate market activity for single family residences during the 1st Quarter of 2016:

 

Properties Sold: 4 ( Compared to 8 sales in the comparable quarter last year ). 3 propeties are in escrow at the end of March.

 

Average Sales Price during the 1st Quarter 2016: $3.5 million, the same as the prior years comparable quarter.

 

Average List Price at 3/31/2016: $6.7 million

 

Horses

 

Properties for Sale as of 3/31/2016: 20 ( 20 months inventory based on average sales during the 1st quarter of 1 homes sold per month) 

 

 

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $889 per sq. ft. Because of the small number of sales, the price per sq. ft. of homes sold varies widely

 

Properties sold at an average of 98% of List Price

 

 

For more market information see 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 12 2016 04:06PM

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