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City of Rolling Hills 2nd Quarter 2014 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 2014:

 

Properties Sold: 6 ( Compared to 13 sales in the comparable quarter last year ). 2 properties are in escrow at the end of June

 

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

10 Bowie RD $2,000,000 4 4.00 3,332 $600.24 1959 OC13136895 4/08/14 259
14 Georgeff RD $2,438,500 4 4.00 4,040 $603.59 1960 PV14033047 5/23/14 207
2 Saddleback RD $2,892,500 5 4.00 5,120 $564.94 1969 PV13202203 4/21/14 160
7 Acacia RD $4,500,000 5 7.00 5,340 $842.70 1937 SB14009998 4/30/14 187
1 Pine Tree $4,800,000 4 6.00 5,698 $842.40 1936 SB14062532 6/19/14 200
8 Possum Ridge RD $6,650,000 5 8.00 7,928 $838.80 2009 OC13042810 6/13/14 785
Average                    $3,880,167 5.0 5.50 5,243 $722                                            300

 

 

Average Sales Price of homes sold during 2nd quarter: $ 3.9 million

 

Horses

 

Properties for Sale as of 6/30/2014: 21 ( 10 months inventory based on average sales during the last quarter of 2 homes sold per month) Click Here for Current Search for homes for Sale in Rolling Hills.

 

 

 

 

Average List Price at 6/30/2014: $7.2 million

 

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 722 per sq. ft. Because of the small number of sales, the price per sq. ft. of homes sold varies widely

 

Properties sold at an average of 89% 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 29 2014 05:02PM

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