Is Rolling Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Rolling Hills was a Neutral Market.
Housing Prices in Rolling Hills, CA
How much do homes in Rolling Hills, CA cost?
Median Sold Price
$4,950,000
$1,015/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rolling Hills was $4,950,000 in May 2024, up 24% from last year, and the median price per square foot was $1,015.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $5.2M | N/A |
3 Bedrooms | $3.7M | - | N/A |
4 Bedrooms | $3.2M | $3.9M | +19.5% |
5+ Bedrooms | $4.6M | $4.9M | +6.1% |
Summary: Rolling Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
Rolling Hills | $3.9M | $4.9M | +24.0% |
Palos Verdes Peninsula | $2.3M | $2.5M | +8.8% |
Palos Verdes | $1.7M | $1.7M | +1.0% |
Rancho Palos Verdes | $1.7M | $1.6M | -1.4% |
Rolling Hills Estates | $1.7M | $1.6M | -7.8% |
Housing Supply in Rolling Hills, CA
How many homes are available in Rolling Hills, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Summary: The Rolling Hills real estate market had 17 homes for sale in May 2024, a 6.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Rolling Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Rolling Hills in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Rolling Hills, CA
How long does it take to sell a home in Rolling Hills, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
76 Days | 31 Days | -59.2% |
Summary: Homes in Rolling Hills had an average of 31 days on market in May 2024, down by 59.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Rolling Hills; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.