The City of Rolling Hills had the following real estate market activity for single family residences during August 2013:

Properties Sold: 1

Address Sales Price Bd Bth Sqft $/Sq Yr Built ML# Sold Date Days to Sell

5 Sagebrush LN $5,200,000 6 8.00 11,996 $433.48 2000 PV13017497 8/30/13 626

Horses

Properties for Sale as of 8/31/13: 13 Click Here for Current Search for homes for Sale in Rolling Hills. Sales have been averaging 3 homes sold per month over the last 3 months.

Aug. 13 Jul. 13 Curnt vs. Prev Month % Change Aug. 13 Aug. 12 Curnt vs. Same Month 1 Yr Ago % Change Jun. 13 to Aug. 13 Jun. 12 to Aug. 12 Curnt vs. Same Qtr 1 Yr Ago % Change
For Sale 13 15 -13.3%

13 18 -27.8%

14 18 -22.2%

Sold 1 2 -50%

1 0 N/A 3 1 200%

Pended 5 0 N/A 5 1 400%

2 1 100%

Average List Price at 8/31/13: $ 5.2 million

Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 698 per sq. ft. ,about 7% less than the comparable period last year.

Aug. 13 Jul. 13 Curnt vs. Prev Month % Change Aug. 13 Aug. 12 Curnt vs. Same Month 1 Yr Ago % Change Jun. 13 to Aug. 13 Jun. 12 to Aug. 12 Curnt vs. Same Qtr 1 Yr Ago % Change
Avg. Sq. Ft. Price 433.5 742.2 -41.6%

433.5 0 N/A 698.3 750.5 -7%

Properties sold at an average of 93% of List Price and took approx. 3 to 6 months to sell over the last 3 months

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.