RE/MAX Estate Properties' Market Report

Rolling Hills, CA 90274

Single-Family Homes

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



Rolling Hills, CA 90274

Sun Feb 25 2024
This week the median list price for Rolling Hills, CA 90274 is $8,244,500 with the market action index hovering around 25. This is less than last month's market action index of 27. Inventory has increased to 8. Click here to stay informed with the Rolling Hills market!

Market Action Index

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

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Rolling Hills, CA 90274

Sun Feb 25 2024
This week the median list price for Rolling Hills, CA 90274 is $8,244,500 with the market action index hovering around 25. This is less than last month's market action index of 27. Inventory has increased to 8. Click here to stay informed with the Rolling Hills market!

Market Action Index

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

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Rolling Hills market.
Median List Price $8,244,500
Median Price of New Listings $2,975,000
Per Square Foot $1,330
Average Days on Market 106
Median Days on Market 95
Price Decreased 38%
Price Increased 0%
Relisted 0%
Inventory 8
Median Rent
Market Action 25
Slight Buyer's Advantage

In a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.

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
$10,500,000 7,100 2.5 - 5 acres 4 5.5 38 0 0 185
$8,747,500 7,398 2.5 - 5 acres 5 5.5 20 0 0 49
$7,488,500 5,645 2.5 - 5 acres 6 6 65 0 0 129
$3,662,500 2,691 2.5 - 5 acres 3 2.3 70 1 0 59