Thu Jun 08 2023
This week the median list price for Rolling Hills Estates, CA 90274 is $914,499 with the market action index hovering around 58. This is less than last month's market action index of 64. Inventory has increased to 4.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$914,499|
|Median Price of New Listings||$999,999|
|Per Square Foot||$632|
|Average Days on Market||46|
|Median Days on Market||35|
|Strong Seller's Market|
Despite this week’s down tic, price trends in this zip code have been moving up in the last few weeks. We are below the market’s high point, and we’ll investigate the Market Action Index later on to see if we expect this week’s blip to become a downward trend.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,199,000||1,575||1 - 2.5 acres||2||2||15||0||0||21|
|$999,999||1,748||2.5 - 5 acres||3||3||48||1||0||0|
|$829,000||1,241||1 - 2.5 acres||2||2||15||0||0||49|
|$675,000||1,131||10 - 20 acres||2||2||50||0||0||112|