The number of properties on the market in Rolling Hills Estates ( including the unincorporated area of Palos Verdes Peninsula ) is 29 homes at the end of July, a 53% increase from the prior year. The number of properties sold monthly over the last 3 months is averaging 13 sales a month, 30% higher than the comparable period last year. There are only 6 homes in escrow as of the end of July however, a substantial decrease over the last 3 months. Click Here for a current search of homes for Sale in Rolling Hills Estates. Make sure to scroll down to see entire report.

Jul. 14 Jun. 14 Curnt vs. Prev Month % Change Jul. 14 Jul. 13 Curnt vs. Same Month 1 Yr Ago % Change May. 14 to Jul. 14 May. 13 to Jul. 13 Curnt vs. Same Qtr 1 Yr Ago % Change
For Sale 29 22 31.8%

29 19 52.6%

24 19 26.3%

Sold 16 7 128.6%

16 8 100%

13 10 30%

Pended 6 11 -45.5%

6 13 -53.8%

10 9 11.1%

The following is a list of the 16 homes sold in the City of Rolling Hills Estates ( including the
unincorporated area of Palos Verdes Peninsula ) during the month of July 2014:

Address Sales Price Bd Bth Sqft$/Sq Yr. Built ML# Sold Date Days on Market

10 Cerrito PL $900,000 2 2.00 1,718 $523.86 1960 PV14119060 7/21/14 25
2271 Estribo DR $999,900 4 3.00 2,320 $430.99 1956 SB13090514 7/07/14 404
26522 Dunwood RD $1,000,000 3 2.00 1,637 $610.87 1956 SB14114257 7/15/14 43
4 Gaucho DR $1,035,000 3 2.00 1,616 $640.47 1955 PV14130929 7/29/14 34
5107 Kingspine RD $1,050,000 3 2.00 1,674 $627.24 1956 SB14081366 7/30/14 84
3815 Palos Verdes DR N $1,055,000 3 2.00 1,669 $632.12 1927 PV14013099 7/11/14 181
2206 Potrillo RD $1,135,000 4 2.00 1,576 $720.18 1957 PV14122921 7/11/14 8
46 Dapplegray LN $1,300,000 4 2.00 2,024 $642.29 1947 PV14124865 7/22/14 39
26643 Academy DR $1,380,000 4 3.00 2,794 $493.92 1973 SB14043640 7/03/14 66
3536 Lariat LN $1,479,000 3 2.00 2,000 $739.50 1960 SB14134311 7/03/14 0
25 Harbor Sight DR $1,658,000 4 4.00 3,425 $484.09 1955 PV14067162 7/07/14 71
55 Misty Acres RD $1,750,000 4 4.00 3,189 $548.76 1980 PV14108889 7/01/14 28
17 Roanwood DR $2,075,000 6 4.00 3,909 $530.83 1965 PV14112279 7/31/14 45
3717 N Palos Verdes DR N $2,200,000 4 5.00 3,861 $569.80 2002 SB14043662 7/01/14 91
91 Dapplegray LN $2,725,000 5 4.00 4,884 $557.94 1951 SB14104023 7/25/14 69
74 Dapplegray LN $2,765,000 5 6.00 4,834 $571.99 1975 PV14114887 7/31/14 23
Average $1,531,681 4.0 3.10 2,696 $568 76

The average price per square foot for homes sold in Rolling Hills Estates ( including the unincorporated area of Palos Verdes Peninsula ) averaged $550 per sq. ft. over the last 3 months, an approx. 12% increase from the comparable period a year ago.

Jul. 14 Jun. 14 Curnt vs. Prev Month % Change Jul. 14 Jul. 13 Curnt vs. Same Month 1 Yr Ago % Change May. 14 to Jul. 14 May. 13 to Jul. 13 Curnt vs. Same Qtr 1 Yr Ago % Change
Avg. Sq. Ft. Price 568.2 519.6 9.4%

568.2 488.4 16.3%

550.4 493.1 11.6%

Horse Jumping at Dapplegray
Based on the average monthly sales for the last 3 months of 13 homes and the 29 homes listed for sale, there is currently a little over 2 months inventory of unsold homes. The chart below is based upon the most recent month’s sales of 16 homes sold in July.
The average list price of homes in Rolling Hills Estates has been steady over the last 3 months averaging $1.976,000, however the lower priced homes in the market have been selling more rapidly. .
The time period to sell a home has averaged about 1 to 2 months over the last quarter, and homes have sold for an average of 98% of list price
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 https://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.