Maureen Megowan's Blog

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Rolling Hills September 2016 Real Estate Market Report

The City of Rolling Hills had the following real estate market activity for single family residences during September 2016:

 

Properties Sold: 1

 

Horses

 

Properties for Sale as of 9/30/16: 28 Sales have been averaging 1 homes sold per month over the last 3 months. This equates to approx. 28 months of inventory. 1 homes is in escrow as of the end of September. 

 

 
 
Average List Price at 9/30/16: $6.0 million
 
Average Sold Price over the last 3 months: $2.0 million
 

 

Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 692per sq. ft. , about 31% lower than the comparable period last year.

 

 
 

 

Properties sold at an average of 89% of List Price and took approx. 2 to 4 months to sell over the last 3 months

 

 

For other market reports for the Palos Verdes Peninsula, go to Market Reports on my website.

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 2 commentsMaureen Megowan • October 18 2016 04:57PM

Comments

Maureen Megowan - Your real estate market reports are always loaded with great data and market insight for the Rolling Hills area!  Nicely done! : )

Posted by Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com, Tahoe Real Estate Agent Helping Buyers and Sellers (Coldwell Banker, Tahoe City, CA (530) 414-1260) about 2 years ago

Hi Maureen Megowan!

Thanks for a great series of posts featuring exceptionally well presented market reports!

We like your writing style!

We wish you great success with your blog posts and networking with other members of Active Rain!

We clicked the “Follow” button on your profile so that we will be alerted to your future blog posts and can read and comment on them, and we invite you to "follow us" - should you be interested. There is no requirement or obligation for you to do so, but we would be honored if you choose to do so!

Posted by Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ (BVO Luxury Group @ Keller Williams Arizona Realty) about 2 years ago

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