Blog

The level of inventory of homes for sale of 60 homes in the City of Rancho Palos Verdes at the end of Decenber is down about 14% compared to the end of December last year. The average number of homes sold per month over the last 3 months of 37 homes per month, is up 13% compared to the same 3 month period last year. There are 26 homes in escrow at the end of December. The following is a list of the 40 homes sold during the month of December [...]

The number of properties on the market in Rolling Hills Estates ( including the unincorporated area of Palos Verdes Peninsula ) is 30 homes at the end of September a 67% increase from the prior year. The number of properties sold monthly over the last 3 months is averaging 7 sales a month, a 34% decrease compared to the comparable period last year. There are 7 homes in escrow as of the end of September. The following is a list of the 8 homes sold in the City of Rolling Hills [...]

The City of Rolling Hills had the following real estate market activity for single family residences during September 2016: Properties Sold: 1 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 [...]

There are 58 homes listed for sale in the City of Palos Verdes Estates at the end of September, which is 10% higher than this time a year ago. The number of homes sold over the last 3 months, averaging 15 sales per month, is down 15% compared to the same period last year, with only 8 homes sold in September however . This equates to almost 4 months of inventory, based on the average sales per month over the last 3 months. There are 19 homes in escrow at the [...]

The level of inventory of homes for sale of 100 homes in the City of Rancho Palos Verdes at the end of September is down about 17% compared to the end of September last year. The average number of homes sold per month over the last 3 months of 35 homes per month, is up 1% compared to the same 3 month period last year. Only 22 homes were sold in September, however, a 37% drop from the prior year but there are 39 homes in escrow at the end of [...]

There are 65 homes listed for sale in the City of Palos Verdes Estates at the end of August, which is 62% higherthan this time a year ago. The number of homes sold over the last 3 months, averaging 17 sales per month, is down 15% compared tothe same period last year . This equates to3-4 months of inventory, based on the average sales per month over the last 3 months. There are only 8 homesin escrow at the end of August. The following is a list of the 16 homes [...]

The number of properties on the market in Rolling Hills Estates ( including the unincorporated area of Palos Verdes Peninsula ) is 30 homes at the end of August a 15% increase from the prior year. The number of properties sold monthly over the last 3 months is averaging 7 sales a month, a 39% decrease compared to the comparable period last year. There are 8 homes in escrow as of the end of August. The following is a list of the 7 homes sold in the City of Rolling Hills [...]

The level of inventory of homes for sale of 120 homes in the City of Rancho Palos Verdes at the end of Augustis up about 3% compared to the end of August last year. The average number of homes sold per month over the last 3 months of 46 homes per month, is up 17% compared to the same 3 month period last year. There are 39 homes in escrow at the end of August. The following is a list of the 40 homes sold during the month of August 2016: [...]

Summary: The number of homes listed for sale on the Palos Verdes Peninsula surged significantly higher this summer with the number of homes sold during the last three months down slightly compared to the prior year, leading to an increase in unsold inventory to over a 3 months supply. Prices are up slightly compared to the prior year. Lower priced homes are also moving faster than the upper end of the market. Houses have also been taking approx. 2 months to sell.The number of properties listed for sale for the overall [...]

The City of Rolling Hills had the following real estate market activity for single family residences during July 2016: Properties Sold: 0 Properties for Sale as of 7/31/16: 27 Sales have been averaging 2 homes sold per month over the last 3 months. This equates to approx. 13 months of inventory. 3 homes are in escrow as of the end of July. Average List Price at 7/31/16: $6.1 million Average Sold Price over the last 3 months: $3.9 million Average Price per Sq. Ft. for Properties Sold during the last 3 [...]

The level of inventory of homes for sale of 112 homes in the City of Rancho Palos Verdes at the end of July is up about 6% compared to the end of July last year. The average number of homes sold per month over the last 3 months of 44 homes per month, is up 9% compared to the same 3 month period last year. There are 44 homes in escrow at the end of July. The following is a list of the 43 homes sold during the month of July [...]

The inventory of unsold condos and townhomes on the Palos Verdes Peninsula of 39 units at the end of July is up approx. 22% compared to this time a year ago. The average number of sales per month over the last 3 months of 16 units per month is the same compared to a year ago. There are 15 units in escrow at the end of July. The average price per square foot of condos and townhomes sold on the Palos Verdes Peninsula over the last 3 months of $414 per [...]