Rolling Hills Estates First-Time Homebuyer Report for January

With 8,067 residents, Rolling Hills Estates is a larger than average city in California. Also, with a 6.3% increase over the last 10 years, its population is growing faster than other parts of the state. Rolling Hills Estates is an area where the vast majority of people own their homes, with an ownership ratio of 87.5%. The best school in the city is Rancho Vista Elementary School.

Culture

According to Foursquare, Bristol Farms Rolling Hills and CVS/pharmacy are the most popular retail spots in Rolling Hills Estates. Great outdoor attractions are South Coast Botanic Garden and City Of Rolling Hills Estates. Lastly, Red Onion, Noah's Bagels, and The Appetizer are well-known places to eat.

Price Range

Rolling Hills Estates has some of the more expensive homes in the state with a median home value of $1,003,400 and a current average list price of $1,370,538. In this week's report, the number of homes sold in the Rolling Hills Estates market dropped to nine over the past 30 days. It marked a decrease of 18.2% from last week's report and a fall below the monthly average.

Curious as to which homes have been getting the most attention in Rolling Hills Estates? These listings have stirred up interest and produced the most views:

$1.8M   $1.1M   $682K  

Typical Dwelling

The typical dwelling in Rolling Hills Estates is a four-bedroom detached home worth about $1,590,694. To purchase a similar home, a buyer with good credit and a $318,139 cash down payment could obtain a mortgage with a 3.95% interest rate and a $3,807 monthly payment. The property tax rate is $7.73 per $1,000 of taxable assessed value.

Get started right now by checking out Rolling Hills Estates homes for sale or reviewing Rolling Hills Estates real estate trends.


Data reported through 1/12/2017

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