The number of properties on the market in Rolling Hills Estates ( including the unincorporated area of Palos Verdes Peninsula ) is 20 homes at the end of November, a 122% increase from the prior year. The number of properties sold monthly over the last 3 months is averaging 6 sales a month, a 33% decrease compared to sales during the comparable period last year. There are 6 homes in escrow as of the end of November.
The following is a list of the 3 homes sold in the City of Rolling Hills Estates ( including the
unincorporated area of Palos Verdes Peninsula ) during the month of November 2014:
Address Sales Price Bd Bth Sqft$/Sq Yr. Built ML# Sold Date Days on Market
6 Rustler LN $1,180,000 3 3.00 2,258 $522.59 1953 PV14227467 11/26/14 18
38 Misty Acres RD $1,890,000 4 4.00 4,092 $461.88 1979 PV14184813 11/20/14 85
27089 Sunnyridge RD $2,065,000 4 4.00 3,350 $616.42 2014 PV14187525 11/07/14 93
Average $1,711,667 4.0 3.70 3,233 $529 1982 65
The average list price of homes in Rolling Hills Estates has been steady over the last 3 months averaging $1,9 million, a 8% increase over the comparable period last year, however decreased to approx. $1.8 million in November. The lower priced homes in the market have been selling more rapidly. .
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.