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City of Rolling Hills 2nd 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 2nd Quarter of 2012:

 

 

Properties Sold:  6

 

 

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

 

 

 

6 Portuguese Bend Road       $1,306,000 3 2.00 1,887 $692.10 1941 V12024249 4/26/12              59

 

2 E Ringbit RD                     $1,500,000 3 3.00 2,909 $515.64 1955 V12044679 6/01/12               4

 

9 Caballeros RD                   $1,650,000 3 2.00 2,405 $686.07 1958 V11100221 4/17/12             239

 

15 Georgeff RD                    $2,200,000 4 5.00 3,515 $625.89 1970 V12020039 4/18/12              42

 

1 Reata LN                          $2,711,500 4 4.00 4,065 $667.04 1960 V12046024 411/12               76

 

38 Portuguese Bend RD          $3,300,000 7 7.00 6,100 $540.98 1952 V11065383 5/25/12            313

 

Average                                    $2,111,250 4.0 3.80 3,480 $621                                                        139

 

Average Sales Price of homes sold during 2nd quarter: $ 2.1 million

 

Horses

 

Properties for Sale as of 6/30/12:  19

 

 

 

 
 
 
 
 
       
  Jun. 12 May. 12 Curnt vs. Prev Month % Change Jun. 12 Jun. 11 Curnt vs. Same Month 1 Yr Ago % Change Apr. 12 to Jun. 12 Apr. 11 to Jun. 11 Curnt vs. Same Qtr 1 Yr Ago % Change
For Sale 19 16 18.8% 19 19 0%     16 20 -20%
Sold 1 1 0%     1 3 -66.7% 2 2 0%    
Pended 1 2 -50% 1 3 -66.7% 2 3 -33.3%
Average List Price at 6/30/12:  $  5.2 million

 

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr:   $ 618 per sq. ft.

 

 
 
 
 
 
       
  Jun. 12 May. 12 Curnt vs. Prev Month % Change Jun. 12 Jun. 11 Curnt vs. Same Month 1 Yr Ago % Change Apr. 12 to Jun. 12 Apr. 11 to Jun. 11 Curnt vs. Same Qtr 1 Yr Ago % Change
Avg. Sq. Ft. Price 516 541 -4.7% 516 782 -34.1% 618 683 -9.5%
 

Properties sold at an average of 91% 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 • July 23 2012 06:01PM

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