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City of Rolling Hills August 2013 Real Estate Market Report

The City of Rolling Hills had the following real estate market activity for single family residences during August 2013:

 

Properties Sold: 1

 

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

5 Sagebrush LN $5,200,000 6 8.00 11,996 $433.48 2000 PV13017497 8/30/13    626

Horses

 

Properties for Sale as of 8/31/13: 13 Click Here for Current Search for homes for Sale in Rolling Hills. Sales have been averaging 3 homes sold per month over the last 3 months.

 

 
 
       
  Aug. 13 Jul. 13 Curnt vs. Prev Month % Change Aug. 13 Aug. 12 Curnt vs. Same Month 1 Yr Ago % Change Jun. 13 to Aug. 13 Jun. 12 to Aug. 12 Curnt vs. Same Qtr 1 Yr Ago % Change
For Sale 13 15 -13.3% 13 18 -27.8% 14 18 -22.2%
Sold 1 2 -50% 1 0 N/A 3 1 200%
Pended 5 0 N/A 5 1 400% 2 1 100%
 
Average List Price at 8/31/13: $ 5.2 million

 

Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 698 per sq. ft. ,about 7% less than the comparable period last year.

 

 
       
  Aug. 13 Jul. 13 Curnt vs. Prev Month % Change Aug. 13 Aug. 12 Curnt vs. Same Month 1 Yr Ago % Change Jun. 13 to Aug. 13 Jun. 12 to Aug. 12 Curnt vs. Same Qtr 1 Yr Ago % Change
Avg. Sq. Ft. Price 433.5 742.2 -41.6% 433.5 0 N/A 698.3 750.5 -7%
 

 

Properties sold at an average of 93% of List Price and took approx. 3 to 6 months to sell over the last 3 months

 

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 • September 13 2013 08:23PM

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