The City of Rolling Hills Estates Real Estate Market, including the unincorprated area known as Palos Verdes Peninsula adjacent to the City, had shown relatively strong sales.
The number of homes for sale at the end of December of 18 homes is now 260% higher than the 5 homes for sale at the same time last year. The average number of homes sold per month in the 4th quarter of 8 is the same as during the comparable quarter last year.This equates to a little more than 2 months inventory. At the end of December there were 4 homes in escrow.
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.