Wed Dec 11 2019
This week the median list price for Rolling Hills Estates, CA 90274 is $2,837,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 18.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$2,837,000|
|Per Square Foot||$719|
|Days on Market||98|
|Slight Seller's Advantage|
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$4,935,000||5,532||0.5 - 1 acre||5||5||4||0||0||36|
|$3,652,495||4,810||0.25 - 0.5 acre||4||4||9||0||0||92|
|$2,639,000||4,136||0.25 - 0.5 acre||4||3||5||1||1||180|
|$1,469,000||2,400||0.5 - 1 acre||4||1||57||0||0||67|