RE/MAX Estate Properties' Market Report

Rolling Hills Estates, CA 90274

Condos/Townhomes

RE/MAX Estate Properties | 310-703-1900 | jsanders@eplahomes.com



Rolling Hills Estates, CA 90274

Wed Dec 04 2024
This week the median list price for Rolling Hills Estates, CA 90274 is $972,500 with the market action index hovering around 47. This is an increase over last month's market action index of 40. Inventory has decreased to 6. Click here to stay informed with the Rolling Hills Estates market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Rolling Hills Estates, CA 90274

Wed Dec 04 2024
This week the median list price for Rolling Hills Estates, CA 90274 is $972,500 with the market action index hovering around 47. This is an increase over last month's market action index of 40. Inventory has decreased to 6. Click here to stay informed with the Rolling Hills Estates market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Rolling Hills Estates market.
Median List Price $972,500
Median Price of New Listings $0
Per Square Foot $748
Average Days on Market 93
Median Days on Market 95
Price Decreased 50%
Price Increased 0%
Relisted 17%
Inventory 6
Median Rent
Market Action 47
Strong Seller's Market

We're seeing fairly unusual market conditions as prices have been in a downward trend but price per square foot is actually increasing. (Buyers are paying less and getting less home for their money.) Anomalies like these can be attributed to micro-location variables.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,299,000 2,184 0 - 4,500 sqft 3 1 50 0 1 147
$1,199,000 1,590 0 - 4,500 sqft 2 2 48 0 0 63
$972,500 1,260 0 - 4,500 sqft 2 2 33 0 1 105
$619,000 765 10 - 20 acres 1 1 28 0 0 70