Is Rolling Hills Estates, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rolling Hills Estates has remained a Seller's Market.
Housing Prices in Rolling Hills Estates, CA
How much do homes in Rolling Hills Estates, CA cost?
Median Sold Price
$1,702,500
$774/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rolling Hills Estates was $1,702,500 in April 2024, down 4.9% from last year, and the median price per square foot was $774.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $361K | $635.2K | +76.0% |
2 Bedrooms | $1.0M | $984K | -4.5% |
3 Bedrooms | $1.4M | $1.6M | +19.0% |
4 Bedrooms | $2.1M | $2.0M | -4.6% |
5+ Bedrooms | $3.5M | $3.3M | -6.4% |
Summary: Rolling Hills Estates housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 19%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 6.4%.
Median Sold Price Compared To Nearby Cities
Rolling Hills | $3.6M | $4.9M | +36.1% |
Palos Verdes Peninsula | $2.3M | $2.5M | +8.8% |
Lomita | $835K | $858.5K | +2.8% |
Rancho Palos Verdes | $1.7M | $1.6M | -0.3% |
Rolling Hills Estates | $1.7M | $1.7M | -4.9% |
Housing Supply in Rolling Hills Estates, CA
How many homes are available in Rolling Hills Estates, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 32 | +18.5% |
Summary: The Rolling Hills Estates real estate market had 32 homes for sale in April 2024, a 18.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Rolling Hills Estates housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Rolling Hills Estates in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.
Days on Market for Rolling Hills Estates, CA
How long does it take to sell a home in Rolling Hills Estates, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 21 Days | -11.5% |
Summary: Homes in Rolling Hills Estates had an average of 21 days on market in Apr 2024, down by 11.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Rolling Hills Estates; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.