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Rolling Hills Estates, CA Real Estate News

By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
La Cresta (Rolling Hills Estates) Real Estate Market   In the La Cresta area (172)located in the city of Rolling Hills Estates, there are currently 8 homes for sale. They range in price from $1,188,000-$2,280,000. The average asking price for a home in La Cresta is $1,767,500. The average market time is 73 days.
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
Palos Verdes North (Rolling Hills Estates) Real Estate   In the Palos Verdes Drive North area (165) located in the city Rolling Hills Estates, there are currently 15 homes for sale. They range in price from $1,150,000-$2,395,000. The average asking price for a home in the Palos Verdes Drive North Area is $1,608,593. The average market time is 94 days.
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Peninsula Center area of Rancho Palos Verdes and Rolling Hills Estates (Area 175 in map below) had the following real estate market activity during the 3rd Quarter of 2012 : Properties Sold: 6 Address                     Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt.MLS# Sold Date Days on Mkt. 4849 Browndeer LN         $825,000 4 3.00 2,189 $376.88 1965 11549461  7/31/12  232 5008 Golden Arrow DR    $865,000 3 3.00 1,896 $456.22 1967 S12063962 8/03/12   38 4659 Browndeer LN         $899,000 4 3.00 2,189 $410.69 1965 V12064278 7/13/12    9 26642 Honey Creek RD    $955,000 4 3.00 2,246 $425.20 1965 S12048509 8/01/12   84 27525 Larchbluff DR     $1,035,000 5 3.00 2,386 $433.78 1965 S12054564 8/08/12   41 27017 Silver Moon LN   $1,150,000 4 3.00 2,794 $411.60 1967 S12038944 8/29/12  121 Avera...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
Casa Verdes Townhomes in Rolling Hills Estates Casa Verdes  is a beautiful private community located towards the top of Highridge Road before the stop sign on Armaga Springs road in Rolling Hills Estates. The townhomes are unique and feel more like a single family home because they have small backyards. All of the townhomes are two stories.  The Casa Verdes  community is located just steps to Highridge Park and Ridgecrest Intermediate School.Casa Verdes   has 56 townhomes which were built in 1968. The complex features beautiful grounds with a gated pool and clubhouse which is available to rent out for private parties. Depending on the location on the community some of the homes have twinkling city lights views. There are two floor plans in Casa Verdes, the 2 bedroom and the 3 bedroom...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
Via La Cima is a private gated community of 10 Mediterranean Spanish style townhomes. The townhomes offer stunning views of the queen's necklace to the harbor. Via La Cima was built in 1982. The hoa's as of this year are $450 this includes the community pool and clubhouse, maintenance, insurance and earthquake insurance. The complex consists of 2 bedroom floor plans and 3 bedroom floor planes ranging from 2,414 square feet to 2,677 square feet.   If you are interested in buying or sellling a home in Via La Cima please contact The Tyndall Team for additional information.  
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Palos Verdes Drive North area of the Palos Verdes Peninsula ( area 165 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2012: Properties Sold: 9 ( A substantial decrease over the prior quarter sales ) Address                Sales Price BR BA Sq.ft. $/Sq.ft Yr. Blt. MLS # Dale of Sale     Days on Market 40 Encanto DR              $789,000 3 2.00 1,660 $475.30 1960 S12069734 7/11/12         427625 Eastvale RD        $865,000 3 2.00 2,052 $421.54 1956 V12070213 8/21/12       7644 Shady Vista RD         $900,000 4 3.00 2,685 $335.20 1963 S12064154 8/21/12       829 Dorado PL                $1,066,000 4 4.00 2,487 $428.63 1960 V12050557 9/20/12     1335 Encanto DR              $1,090,000 4 3.00 2,036 $535.36 1960 V12077209...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The following is the 3rd quarter 2012 Real Estate Market Report for the City of Rolling Hills Estates, including the unincorprated area known as Palos Verdes Peninsula adjacent to the City. The number of homes for sale has increased over the last several months to 27 homes on the market at the end of the 3rd quarter, but is still 20% lower than this time last year. Sales dropped substantially in the third quarter compared to last quarter to an average of 6 homes sold per month, which is still a 20% increase over a year ago, but with 10 homes in escrow at the end of the quarter. Due to the slowdown in sales, the inventory of unsold homes, based on the average number of homes sold during the 3rd quarter, is a bit more than 4 months.                 Sep. 12 Aug. 12 Curnt vs. Prev Month % C...
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By George Fotion, Hi Tech Marketing Utilizing Internet Platforms
(Call Realty Company)
The market for Palos Verdes Homes … … is getting better but are we out of the woods yet? I’ve been studying the South Bay Home trends and Palos Verdes Homes trends for over 20 years now and have been keeping detailed records on the market.  This has helped me immensely in guiding my clients, both buyers and sellers so that they are empowered with the best information to make intelligent, deliberate and provident decisions. Based on the data at hand, here are my latest conclusions.  If the player does not appear below, please go here: Latest Palos Verdes Real Estate Trends Now that you’ve seen there are some very positive signs in the market, consider owning one of the best Rolling Hills homes just listed this week at 11 Ranchview Road! Continue here to view more Palos Verdes Real Estat...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes sales for the Palos Verdes Drive North neighborhood for the first half of 2012 increased  to 41 single family homes sold in the first half of 2012 compared to 20 in the first half of 2011 – a 105% increase.  Average sales price for Palos Verdes Drive North homes sold in the first half of 2012 increased to $1,273,403  from $1,228,285 for the first half of 2011.  Price per square foot for Palos Verdes Drive North houses that sold in the first half of 2012 decreased to $434 from $461 in first half of 2011.  The most expensive home sold for $3,999,000 and the lowest priced home sold for $655,000.  To read more about the Palos Verdes Drive North neighborhood, click here.... Photo courtesy of the City of Rolling Hills Estates
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Palos Verdes Drive North neighborhood real estate and home sales report for Rolling Hills Estates & the Palos Verdes Peninsula, CA in August 2012. Homes for sale: 18 Homes are listed for sale in the RHE/PVP area of PV Drive North priced from $795,000 to $2,395,000. Pending sales: 6 Houses are in escrow priced from $1,090,000 to $2,199,000. August sales: 6 Homes sold in August 2012 in the PVDN area. Homes for sale in the PV Drive North area:    
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
  The 55th Annual Rolling Hills Estates City Celebration will be held on Saturday, September 15, 2012, from 9:00 a.m. to 6:00 p.m. at the Empty Saddle Club.  Palos Verdes homes owners will enjoy this old fashioned celebration with activities all day including equestrian events, hay wagon rides, pony rides, a petting zoo, watermelon eating contest and many fun games and activities.  Some of the equestrian activities will include Gymkhana events, Happy Hoofers Performances, equine and dressage demonstrations and even a performance by the Junior Drill Team. If you want to try your luck in the 20th Annual Poker Ride, you can join at only $10 per hand as a card playing carriage driver or horseback rider. Non-riders who wish to participate can purchase tickets and have a riding friend carry ...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
  The number of properties on the market in Rolling Hills Estates ( including the unincorporated area of Palos Verdes Peninsula ) decreased substantially in December and is still only 25 homes, a 32% decrease from the prior year. The number of properties sold monthly has increased substantially over the last 3 months, averaging 10 sales a month . There are 10 homes in escrow as of the end of August. Click Here for a current search of homes for Sale in Rolling Hills Estates.                             Aug. 12 Jul. 12 Curnt vs. Prev Month% Change Aug. 12 Aug. 11 Curnt vs. Same Month 1 Yr Ago% Change Jun. 12 to Aug. 12 Jun. 11 to Aug. 11 Curnt vs. Same Qtr 1 Yr Ago% Change For Sale 25 24 4.2% 25 32 -21.9% 23 34 -32.4% Sold 9 4 125% 9 5 80% 10 4 150% Pended 10 6 66.7% 10 5 100% 8 6 33.3%  ...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
In the Palos Verdes Drive North area (165) located in the city Rolling Hills Estates, there are currently 20 homes for sale. They range in price from $795,000-$2,395,000. The average asking price for a home in the Palos Verdes Drive North Area is $1,598,944. The average market time is 54 days.
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The number of properties on the market in Rolling Hills Estates ( including the unincorporated area of Palos Verdes Peninsula ) decreased substantially in December and is still only 24 homes, a 35% decrease from the prior year. The number of properties sold monthly has increased substantially over the last 3 months, with 32 homes sold in May and June but only 4 homes sold in July, after averaging 11 sales a month for the previous 3 months. There are 7 homes in escrow as of the end of May. Click Here for a current search of homes for Sale in Rolling Hills Estates.                                 Jul. 12 Jun. 12 Curnt vs. Prev Month % Change Jul. 12 Jul. 11 Curnt vs. Same Month 1 Yr Ago % Change May. 12 to Jul. 12 May. 11 to Jul. 11 Curnt vs. Same Qtr 1 Yr Ago % Change For Sale 24 20 20% ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners are invited to come out and support “The Hills Are Alive Race” which benefits the Pepper Tree Foundation.  The Pepper Tree Foundation was established in 1982 to promote citizen contributions and donations to help enrich the quality of life in Rolling Hills Estates.  The Foundation has been helpful in providing trees, benches, picnic tables and other items to enhance and preserve the city parks and open spaces.  This is the 31st annual race and will take place on Saturday, August 11, 2012, at 8:00 a.m. The race will take its participants either running or walking on soft-packed bridle trails through scenic Rolling Hills Estates and the beautiful grounds at the South Coast Botanic Gardens. The race will start and finish at Ernie Howlett Park.  Trophies will be a...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Palos Verdes Drive North neighborhood real estate and home sales report for Rolling Hills Estates & the Palos Verdes Peninsula, CA  in July 2012. Homes for sale: 17 Homes are listed for sale in the RHE/PVP area of PV Drive North priced from $795,000 to $2,299,000. Pending sales: 7 Houses are in escrow priced from $919,000 to $1,995,000. July sales: 1 Home sold in July 2012: Address Sale Price Bed/Bath Sq. Feet. Lot Year Built Days Listed 40 Encanto Dr. $789,000 3/2 1660 16824 1960 4 Homes for sale in PV Drive North neightborhood:
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
On Friday, August 3, 2012, at 8:30 p.m., George F. Canyon will offer a Canyon Night Hike.  This is a hike that is usually only held in the summer (once a month). The Canyon Night Hikes are one of the most unique encounters that the Palos Verdes Peninsula Land Conservancy and The Nature Center offer.  Held on or near a full moon evening, this walk brings you to the top of the canyon for a fantastic view of city lights below.  You will be guided by an experienced volunteer on this two-mile round-trip hike, and will experience nocturnal delights (as well as a rise in elevation).  To read more about this Palos Verdes full moon hike, click here...  
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Peninsula Center area of Rancho Palos Verdes and Rolling Hills Estates (Area 175 in map below) had the following real estate market activity during the 2nd Quarter of 2012 : Properties Sold: 6 Address                    Sales Price  BR BA  Sq.ft. $/Sq.ft Yr.Blt.MLS# Sold Date Days on Mkt.    5213 Sunny Point Pl.           $780,000 3 2.00 1,852 $421.17 1959 V11151778 4/12/12          143 5276 Silver Arrow DR           $815,000 4 2.00 2,209 $368.95 1961 V12010204 5/19/12         122 4807 Browndeer LN             $857,000 4 3.00 2,364 $362.52 1966 V12039879 5/09/12         354 27924 Longhill DR             $1,155,000 5 4.00 2,494 $463.11 1967 V12023153 4/03/12           12 27912 Longhill DR             $1,225,000 5 3.00 2,440 $502.05 1966 V12041674 6/15/12           40 26721 Hawkhurst ...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Palos Verdes Drive North area of the Palos Verdes Peninsula ( area 165 in map below )had the following real estate market activity for single family residences during the 2nd Quarter of 2012: Properties Sold: 31 ( a huge increase from the 10 sold last quarter ) Address                 Sales Price BR BA  Sq.ft.  $/Sq.ft Yr. Blt.  MLS # Dale of Sale Days on Market 2241 Estribo DR                 $765,000 3 2.00 1,512 $505.95 1956 V12032055 4/28/12                        8 27727 Conestoga DR          $765,000 4 2.00 1,859 $411.51 1956 V12009952 4/20/12                      79 4709 Rollando DR               $825,000 3 2.00 2,165 $381.06 1950 V12010281 5/17/12                      58 1 Silver Saddle Lane            $838,000 3 3.00 2,054 $407.98 1954 V11125634 5/23/12                    2...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The following is the 2nd quarter 2012 Real Estate Market Report for the City of Rolling Hills Estates, including the unincorprated area known as Palos Verdes Peninsula adjacent to the City. The number of homes for sale had decreased substantially the last several months to only 17 homes on the market at the end of the 2nd quarter. Sales increased substantially in the second quarter to an average of 12 homes sold per month, a 300% increase over a year ago, with another 10 homes in escrow at the end of the quarter. Due to the low number of homes for sale, and the brisk pace of sales, there is currently less than 2 months of inventory of unsold homes.                       Jun. 12 May. 12 Curnt vs. Prev Month % Change Jun. 12 Jun. 11 Curnt vs. Same Month 1 Yr Ago % Change Apr. 12 to Jun. 1...
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