Rolling Hills Estates Home Prices Hit All Time Highs

“Flat fields produce mediocre grapes, but rolling hills produce the greatest grapes.  Why? Because the vines must struggle for survival.”  — Billy Cannon

Rolling Hills Estates median home sale prices have reached a new high, climbing to $1,650,000 in April 2018, up a full 10% over prices in April 2017, when the median sale price was $1,500,000.  The average sales price also hit a new high of $1,749,570 in April, which was up 8.5% versus same time period last year.

A total of 721 homes were sold in Rolling Hills Estates over the period January 1, 2008 and April 30, 2018. The record sale price for Rolling Hills Estates is $3,999,000 for 4 Pleasant Hill, which closed in June of 2012. The lowest single-family residence sale price during the period (January 2008 – April 2018) in Rolling Hills Estates was $655,000 for a property located at 49 Rollingwood Drive, which closed in August of 2009.

SOLD CHART | 10 Year – Single Family Residences

MEDIAN SALE PRICES | 10 Year – Single Family Residences

Current Market Snapshot

ROLLING HILLS ESTATES | Single Family Residence

Active listings — 16
Minimum list price — $999,999
Maximum list price — $3,099,000
Average list price — $2,225,062
Median list price — $1,772,000
Average days on market — 65
Months of inventory — 3

Closed Sales Y-T-D — 30
Minimum close price — $910,000
Maximum close price — $3,675,000
Average close price — $1,843,400
Median close price — $1,774,000
Average days on market — 52
Average sales discount — -2.06% off list

Closed sales by Market Area

PV DRIVE NORTH

Closed Sales Y-T-D — 21
Minimum close price — $960,000
Maximum close price — $3,375,000
Average close price — $1,838,524
Average days on market — 66

LA CRESTA

Closed Sales Y-T-D — 6
Minimum close price — $1,850,000
Maximum close price — $3,675,000
Average close price — $2,260,500
Average days on market — 23

PENINSULA CENTER

Closed Sales Y-T-D — 1
List price — $1,299,000
Close price — $1,200,000
Days on market — 24

SILVER SPUR

Closed Sales Y-T-D — 2
Minimum close price — $910,000
Maximum close price — $1,020,000
Average close price — $965,000
Average days on market — 5

MRMLS single family residence average sales in Hermosa Beach, CA 90254. Information is deemed accurate but not guaranteed.

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Written by Warren Dow
Founder and CEO of Micro Market Media, LCC. Publisher of South Bay Digs and Westside Digs.
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