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Rolling Hills Hits Record Number of Homes for Sale

Rolling Hills has a record (33) homes that are currently on the market, that’s 12% above last July and represents 16 months of inventory - just shy of the all-time high of 16.3 reached in July 2009.

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HACIENDA de la PAZ

It looks like Hacienda de la Paz has been sold at auction for an undisclosed amount at the end of July. The former DIGS Cover Home, a 51,000-square-foot estate set on 7.4 acres was originally listed at $53 million in 2013 and eventually dropped to $40 million in 2017.

Concierge Auctions conducted the sale, which had “no reserve,” meaning the winning bidder didn’t have to hit a minimum purchase price to succeed. Either way, it should break the all-time record sale in Rolling Hills.

Rolling Hills Market Snapshot

Current Market Snapshot | Single-Family Residence | As of 8.7.18

ROLLING HILLS | Active

Active listings: 33
Minimum list price: $1,850,000
Maximum list price: $9,599,000 
Average list price: $4,388,182
Median list price: $3,700,000
Average days on market: 171
Average price per sqft: $862.63

ROLLING HILLS  | Sold

Closed Sales Y-T-D: 12
Minimum close price: $1,650,000
Maximum close price: $5,000,000
Average close price: $2,773,456
Median close price: $2,464,738
Average days on market: 108
Average sales discount: -0.0863% under list

MRMLS single-family residence average sales in Rolling Hills. Information is deemed accurate but not guaranteed.

Hero Photography by: The Residences of Rolling Hills Country Club

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Picture of Warren Dow

Warren Dow

Founder and CEO of Micro Market Media, LCC. Publisher of South Bay Digs and Westside Digs.
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