Condos/Townhomes
Sat Apr 20 2024
This week the median list price for Rolling Hills Estates, CA 90274 is $1,090,000 with the market action index hovering around 49. This is an increase over last month's market action index of 45. Inventory has decreased to 3.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $1,090,000 | |
Median Price of New Listings | $1,065,000 | |
Per Square Foot | $617 | |
Average Days on Market | 12 | |
Median Days on Market | 0 | |
Price Decreased | 0% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 3 | |
Median Rent | ||
Market Action | 49 | |
Strong Seller's Market |
This is a market where watching the value metrics (like price per square foot) can provide insight that you don’t get at first glance. We can see that home prices are rising somewhat, the price per square foot of homes listed has been declining. Often this can be attributed to new and remodeled homes on the market. Prices in the area are trending higher but buyers are getting more for their money.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
$1,699,000 | 2,750 | 0 - 4,500 sqft | 4 | 3 | 46 | 0 | 0 | 35 |
$1,090,000 | 1,600 | 0.5 - 1 acre | 2 | 3 | 14 | 1 | 0 | 0 |
$1,040,000 | 1,736 | 2.5 - 5 acres | 3 | 3 | 46 | 1 | 0 | 0 |