Rolling Hills Estates December 2016 Real Estate Market Report
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The number of properties on the market in Rolling Hills Estates ( including the unincorporated area of Palos Verdes Peninsula ) is 17 homes at the end of December a 42% increase from the prior year. The number of properties sold monthly over the last 3 months is averaging 6 sales a month, a 25% decrease compared to the comparable period last year. There are 5 homes in escrow as of the end of December. The following is a list of the 8 homes sold in the City of Rolling Hills Estates ( including the unincorporated area of Palos Verdes Peninsula ) during December 2016: The average price per square foot for homes sold in Rolling Hills Estates ( including the unincorporated area of Palos Verdes Peninsula ) averaged $552 per sq. ft. over the last 3 months, an approx. 3% decrease from t...
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