Single-Family Homes
Wed May 08 2024
This week the median list price for Rolling Hills, CA 90274 is $5,995,000 with the market action index hovering around 30. This is an increase over last month's market action index of 26. Inventory has increased to 11.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Median List Price | $5,995,000 | |
Median Price of New Listings | $6,490,000 | |
Per Square Foot | $1,373 | |
Average Days on Market | 108 | |
Median Days on Market | 28 | |
Price Decreased | 9% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 11 | |
Median Rent | ||
Market Action | 30 | |
Slight Seller's Advantage |
Home sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer's market to a Seller's market.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$10,500,000 | 7,100 | 2.5 - 5 acres | 4 | 5.5 | 38 | 0 | 0 | 262 |
$6,988,000 | 5,695 | 2.5 - 5 acres | 5 | 6 | 60 | 1 | 0 | 147 |
$5,495,000 | 3,439 | 1 - 2.5 acres | 5 | 4 | 43 | 1 | 0 | 7 |
$3,325,000 | 2,941 | 1 - 2.5 acres | 3 | 3 | 69 | 0 | 0 | 14 |