The number of properties on the market in Rolling Hills Estates ( including the unincorporated area of Palos Verdes Peninsula ) is 14 homes at the end of November, a 30% decrease from the prior year. The number of properties sold monthly over the last 3 months is averaging 8 sales a month, a 25% increase compared to the comparable period last year. There are 9 homes in escrow as of the end of November.
The following is a list of the 5 homes sold in the City of Rolling Hills Estates ( including the
unincorporated area of Palos Verdes Peninsula ) during the month of November 2015:
The average list price of homes in Rolling Hills Estates over the last 3 months has been averaging $1,828,000, a 3% decrease over the comparable period last year. The average price of homes sold over the last three months was $1,584,000 a 30% decrease over the similar period last year, which was caused by an unusual average selling price for homes sold during the month of October last year.
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.