Maureen Megowan's Blog

head_left_image

City of Rolling Hills 3rd Quarter 2012 Real Estate Market Report

The City of Rolling Hills ( area 166 in map below ) had the following real estate market activity for single family residences during the 3rd Quarter of 2012:

 

 

Properties Sold: 5

 

Address Sales      Price Bd Bth Sqft $/Sq Yr Built ML# Sold Date Days to Sell

15 Portuguese Bend RD       $1,400,000 4 3.00 2,436 $574.71 1937 V12060865    7/25/12        44

57 Eastfield DR                   $1,400,000 2 2.00 2,147 $652.07 1955 V12115021    9/13/12       273

20 Cinchring RD                  $2,850,000 3 3.00 3,361 $847.96 1973 V12076474    9/20/12        57

9 S Middleridge LN               $3,850,000 5 6.00 5,648 $681.66 1963 V10101707    7/18/12       301

11 Upper Blackwater Cyn RD $4,100,000 3 3.00 3,197 $1,282.45 1951 V11148427 7/26/12       250

Average                                 $2,720,000 3.0 3.40 3,358 $806                                               185

 

Average Sales Price of homes sold during 3rd quarter: $ 2.7 million

 

Horses

 

Properties for Sale as of 9/30/12: 20  Click Here for Current Search for homes for Sale in Rolling Hills.

 

 
       
  Sep. 12 Aug. 12 Curnt vs. Prev Month % Change Sep. 12 Sep. 11 Curnt vs. Same Month 1 Yr Ago % Change Jul. 12 to Sep. 12 Jul. 11 to Sep. 11 Curnt vs. Same Qtr 1 Yr Ago % Change
For Sale 20 18 11.1% 20 21 -4.8% 19 22 -13.6%
Sold 2 0 N/A 2 0 N/A 2 1 100%
Pended 2 1 100% 2 0 N/A 2 1 100%
 
Average List Price at 9/30/12: $ 4.7 million

 

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 806 per sq. ft.

 

       
  Sep. 12 Aug. 12 Curnt vs. Prev Month % Change Sep. 12 Sep. 11 Curnt vs. Same Month 1 Yr Ago % Change Jul. 12 to Sep. 12 Jul. 11 to Sep. 11 Curnt vs. Same Qtr 1 Yr Ago% Change
Avg. Sq. Ft. Price 772 0 N/A 772 0 N/A 806 725 11.2%

 

Properties sold at an average of 90% of List Price

 

For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.

Comment balloon 0 commentsMaureen Megowan • October 16 2012 12:59PM
City of Rolling Hills 3rd Quarter 2012 Real Estate Market Report
share
The City of Rolling Hills ( area 166 in map below ) had the following real estate market activity for single family residences during the 3rd Quarter of 2012: Properties Sold: 5 Address Sales Price Bd Bth… more
City of Rolling Hills Estates 3rd Quarter 2012 Real Estate Market…
share
The following is the 3rd quarter 2012 Real Estate Market Report for the City of Rolling Hills Estates, including the unincorprated area known as Palos Verdes Peninsula adjacent to the City. The number of homes for sale has increased over the… more
PALOS VERDES ROAD DEVELOPMENT
share
PALOS VERDES ROAD DEVELOPMENT Road Construction on the Palos Verdes Peninsula did not take place until the 1920's. Palos Verdes Drive West in the Valmonte and Malaga Cove area was the first road developed as part… more
Rainbow Over Rancho Palos Verdes
share
I was driving on Hawthorne Blvd. in Rancho Palos Verdes the other day right after rain clouds blew through and saw the beautiful rainbow below: We who live on the Palos Verdes Peninsula are so lucky to live in such a gorgeous area, and… more
Crest Area of Rancho Palos Verdes and Rolling Hills Estates 3rd…
share
The Crest area of Rancho Palos Verdes and Rolling Hills Estates ( area 174 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2012 : Properties Sold: 13 … more
Things are Hopping - I'm in 5 escrows!
share
This has been a busy month! I closed a short sale last week, and I am in 5 other escrows totaling approxl $5. 5 million in sales, 4 of which are closing next week: 27057 Springcreek Road- RANCHO PALOS VERDES Listed for $925, 000 .. more
Interest Rates Inch Up this Week
share
Interest rates inched up this week from historical lows. The following are excerpts from the newsletter on interest rates published by HSH Associates : "As expected, the decline in mortgage rates leveled off this week. Months of sour economic… more
City of Rancho Palos Verdes 3rd Quarter 2012 Real Estate Market…
share
The real estate market in the City of Rancho Palos Verdes appeares to be stabilizing Inventory was down to only 82 homes listed for sale as of the end of the 3rd quarter, which is a 37% decrease from the comparable time last year. The monthly… more
City of Palos Verdes Estates 3rd Quarter 2012 Real Estate Market…
share
The number of homes listed for sale in the City of Palos Verdes Estates dropped significantly at the end of 2011, and remains very low. with only 37 homes listed for sale at the end of the third quarter, which is 52% lower than the end of the 3rd… more