Rolling Hills 2nd Quarter 2009 Real Estate Market Report

ByMaureen Megowan Knowledge

Rolling Hills( area 166 in map below )had the following real estate market activity during the2nd Quarter of 2009 after having no sales for the previous 6 months:

Properties Sold: 5

AddressPriceBd Bth Sqft $/Sq BuiltML#Sold Date Days on Mkt

36 Portuguese Bend RD$1,610,000 4 3.00 2,608 $617 1940 V09019719 6/1/09 93

7 Roundup RD $1,770,000 3 3.00 2,738 $646 1953 S08114014 5/27/09 178

5 Buggy Whip $2,250,000 4 4.00 2,928 $768 1967 V08170269 4/23/09136

26 Middleridge Lane South$2,795,000 4 5.00 4,130 $677 1978 V08028160 5/29/09 45

25 Buggy Whip DR $4,125,000 5 8.00 7,200 $573 1978 S09032359 6/25/09 87

Properties for Sale as of 6/30/09: 22

Horses

Average List Price at 6/30/09: $ 4.9million

Average Sales Price of homes sold during2nd quarter:$2.5 million

Average Price per Sq. Ft. for Properties Sold during2nd Qtr: $656per sq. ft.

Properties sold at an average of 93% of List Price

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