The Rolling Hills real estate market remains in a neutral market favoring neither the seller nor the buyer.
The higher price point of Rolling Hills residences translates to a slower absorption rate. Many RH homes spend more days on the market than properties in other Palos Verdes real estate submarkets. The luxury market for homes over $3,000,000 is another example of higher prices usually translating to more days on the market due to a smaller pool of qualified buyers.
There are 30 Rolling Hills homes for sale and only six in escrow at the time of this writing. Eight Rolling Hills residences have sold year-to-date.
Snapshots of Palos Verdes real estate markets:
For more detailed information about selling or buying a Rolling Hills home contact Norma Toering Broker/Owner at 310.493.8333 or email Norma@CharlemagneProperties.com
Selling Palos Verdes Properties Since 1992