Maureen Megowan's Blog


Rolling Hills 1st Quarter 2019 Real Estate Market Report

The City of Rolling Hills had the following real estate market activity for single family residences during the 1st quarter of 2019



Propeties for Sale as of 3/31/2019: 15: 40% decrease over this time last year. 5 homes were sold during the 1st quarter of 2019.. This equates to a 3 month supply.  4 homes are in escrow as of the end of March


Average List Price at 6/30/19: $5.0 million   Average Sold Price over the last 3 months: $5.8 million which fluctuates widely due to ths limited number of sales.


Average Price per Sq. Ft. for Properties Sold during the last 3 months: $1,124 per sq. ft. This number fluctuates greatly based upon the small number of sales per quarter and was distorted by the sale of a large estate for $15,4 million.


Properties that sold during the quarter were at an average of 90% of List Price and took approx. 2 months to sell.


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 . 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 3 commentsMaureen Megowan • April 15 2019 11:36PM


Thanks for the update, all the best to you as you get many of these properties listed and sold.

Posted by Sally Crane, Woodland appraisal support. (WMS) almost 2 years ago

I hope you have enjoyed a very productive summer.

Take care, be safe and have an outstanding September.

Posted by Roy Kelley (Realty Group Referrals) 5 months ago

Great post! Thank you for sharing this ☺


- Manuel Angeles

Posted by Manuel Angeles, Home Loans Made Easy (Doorway Home Loans NMLS #222730) about 2 months ago

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