Palos Verdes Real Estate Sales Rolling Hills Neighborhood 2015

Palos Verdes Real Estate Sales Rolling Hills Neighborhood 2015

2015 Palos Verdes homes sales for the City of Rolling Hills increased to 29 single family homes sold compared to 19 in 2015.  Price per square foot for Rolling Hills houses that sold in 2015 increased to $831 compared from $741 in 2014, a 12.2% increase.  Average sales price for Rolling Hills homes sold in 2015 was $3,851,474 compared to $3,412,734 in 2014.  The most expensive home sold for $8,550,000 and the lowest priced home sold for $1,550,000.

Currently, Rolling Hills has 18 active Palos Verdes homes for sale ranging in price from $1,300,000 for a 4 bedroom, 3 bath, 2,944 square foot home, to $53,000,000 for a 9 bedroom, 25 bath, 51,000 square foot home.  There are no condo/townhomes for sale in this area.

For background and history on Rolling Hills Multiple Listing Area 166, please click here to read my prior article on this neighborhood.

To view current Palos Verdes home sales for the Rolling Hills neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo courtesy of the city of Rolling Hills.

Palos Verdes Real Estate Rolling Hills Neighborhood 2014

Palos Verdes Real Estate Rolling Hills Neighborhood 2014

2014 Palos Verdes homes sales for Rolling Hills neighborhood decreased to 19 single family homes sold compared to 27 in 2013.  Price per square foot for Rolling Hills houses that sold in 2014 increased to $741 compared from $676 in 2013, a 9.6% increase.  Average sales price for Rolling Hills homes sold in 2014 was $3,414,445 compared to $2,600,204 in 2013.  The most expensive home sold for $6,650,000 and the lowest priced home sold for $1,545,000.

Currently, Rolling Hills has 15 active Palos Verdes homes for sale. There are 15 single family homes ranging in price from $2,900,000 for a 3 bedroom/3 bath, 3,954 square foot home, to $53,000,000 for a 9 bedroom/25 bath, 50,000 square foot home.  The City of Rolling Hills does not have any townhomes or condos.

For background and history on Rolling Hills Multiple Listing Area 166, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo courtesy of the City of Rolling Hills.

Palos Verdes Real Estate Sales Rolling Hills Neighborhood 2013

2013 Palos Verdes homes sales for the Rolling Hills neighborhood increased to 27 single family homes sold compared to 19 in 2012.  Price per square foot for Rolling Hills houses that sold in 2013 decreased to $677 from $716 in 2012, a 5.5% decrease.  Average sales price for Rolling Hills homes sold in 2013 decreased slightly to $2,602,241 in 2013 compared to $2,651,579 in 2012.  The most expensive home sold for $6,325.000 and the lowest priced home sold for $1,100,000.

Currently, the city of Rolling Hills has 15 active single family Palos Verdes homes for sale ranging in price from $1,849,000  for a 3 bedroom/3 bath, 2,257 square foot home, to $53,000,000 for a 9 bedroom/25 bath, 50,000 square foot home.   There are no condos/townhouses located in the city of Rolling Hills.

For background and history on Rolling Hills Multiple Listing Area 166, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo courtesy of Rolling Hills

Palos Verdes Real Estate Rolling Hills Neighborhood First Half of 2013

2013 First Half Palos Verdes homes sales for the city of Rolling Hills increased to 17 single family homes sold compared to 9 homes sold in the first half of 2012.  Price per square foot for Rolling Hills houses that sold in the first half of 2013 increased 0.5% to $655 from $652 for the same time period last year.  Average sales price for Rolling Hills homes sold in the first half of 2013 decreased to $2,360,265 compared to $2,510,278 for the first half of 2012.  The most expensive home sold for $3,760,000 and the lowest priced home sold for $1,100,000.

Currently, the Rolling Hills neighborhood has 13 Palos Verdes homes for sale.  There are 13 single family homes ranging from $1,999,000 for a 3 bedroom, 3 bath, 2,257 square foot home to $53,000,000 for a 9 bedroom, 25 bath, 50,000 square foot home.

For background and history on Rolling HillsMultiple Listing Area 166, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula click here or on the Statistics tab above

Photo courtesy of the City of Rolling Hills

Palos Verdes Home Sales Rolling Hills Neighborhood First Half Of 2012

Palos Verdes homes sales for the Rolling Hills neighborhood for the first half of 2012 decreased to 9 single family homes sold in the first half of 2012 compared to 10 in the first half of 2011.  Average sales price for Rolling Hills homes sold in the first half of 2012 decreased to $2,510,278  from $3,490,000 for the first half of 2011.  Price per square foot for Rolling Hills houses that sold in the first half of 2012 increased to $646 from $620 in first half of 2011.  The most expensive home sold for $7,000,000 and the lowest priced home sold for $1,275,000.

Currently, Rolling Hills has 20 active Palos Verdes homes for sale.  There are 20 single family homes for sale ranging from $968,200 for a 3 bedroom/3bath, 2,965 square foot home, to  $10,990,000 for a 7 bedroom/10 bath, 14,374 square foot home.

For background and history on Rolling Hills Multiple Listing Area 166, please click here to read my prior article on this neighborhood.

To view current  Palos Verdes real estate statistics for the entire Peninsula, please click here or on the Statistics tab above.

Photo courtesy of the City of Rolling Hills

 

Palos Verdes Real Estate Rolling Hills Neighborhood Update

 

2011 Palos Verdes Home sales for the Rolling Hills neighborhood stayed the same with 18 single family homes sold in both 2011 and in 2010.  Price per square foot for Rolling Hills houses that sold in 2011 was $660 compared to $604 in 2010.  Average sales price for Rolling Hills homes sold in 2011 was $3,112,778 compared to $2,036,336 – a substantial increase.

Currently, as of 4/09/2012, Rolling Hills has only 13 active Palos Verdes homes for sale.  They range from $1,395,000 for a 4 bedroom, 3 bath, 2,965 square foot home to $12,950,000 for a 7 bedroom, 10 bath, 14,374 square foot home.

For background and history on Rolling Hills Listing Area #166, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here on on the Statistics tab above.

Photo courtesy of the City of Rolling Hills

Rolling Hills – MLS Area #166

Palos Verdes real estate area 166 is actually the entire city of Rolling Hills which is an entirely gated city with private roads and three guarded gates.  The gates are located at Palos Verdes Drive North, Palos Verdes Drive East, and Crest Road.  Rolling Hills extends from Palos Verdes Drive North to the top of the Peninsula and over the crest down the south side of the Peninsula to above the Portuguese Bend area, and then from Westfield/Crenshaw Blvd to Rancho Palos Verdes on the east.  You can only access the city by permit and all guests must be authorized from a resident for entrance.  On the South side of Rolling Hills and above the Portuguese Bend area is a landslide area called the Flying Triangle.

Originally Rolling Hills was developed with the idea of individual dude ranches. On a trip to Virginia, Frank Vanderlip became interested in the architecture of the town of Williamsburg and so he had built 14 homes following their colonial styles and named the street Williamsburg Lane near the front gate.

The lots in Rolling Hills are usually greater than one acre and many include multi acreage properties.  This is an equestrian city with 23 miles of private trail system.  The homes are required to be one level, ranch style homes and painted white.  Split levels are accomplished by under grounding.  The border fences must be white three rail.  Like other areas of the Peninsula, there are no street lights or sidewalks.  Most homes here are on septic systems.

The city is maintained through the Rolling Hills Community Association.  The RHCA provides the community with two riding rings and 3 tennis courts at the main gate location.  The county of Los Angeles maintains a fire station on Crest Road.  Rolling Hills is part of the Peninsula school system but does not actually have any school sites within its gates.  Rancho del Mar continuation high school is located in Rolling Hills but has acces outside the Crest Road gate.

Currently there are 20 homes for sale in this area.  They range from $1,499,000 for a 3 bedroom/4 bath, 3,368 square foot home, to $7,490,000 for a 5 bedroom/7 bath 8,610 square foot home.

Photo courtesy of Rolling Hills

365 Things To Do In Palos Verdes – Local History Saturday Series

The Malaga Cove Library will be having another installment of their Local History Saturday Series on Saturday, March 26th, 2011, from 2:00 to 3:30 p.m. in their Gallery.  This lecture will be about the history of the city of Rolling Hills and will give you information about the development of this area which has grown throughout the years.  Rolling Hills is known for its enduring respect for native wildlife and natural surroundings.  Speaker, Kristen Raig, will cover everything from the founding of the city of Rolling Hills to its continued value as part of our Palos Verdes Peninsula.

On Saturday, April 9th, there will be another installment in the series on the city of Rolling Hills Estates.

There are no fees for these lectures, and no reservation is required.  For more information call (310) 377-9584 x 551.  The Malaga Cove Libraryis located at 2400 Via Campesina, Palos Verdes Estates 90274.

Photo courtesy of the City of Rolling Hills

2010 Home Sales by Neighborhood

Palos Verdes 2010 Real Estate Sales by Neighborhood for 90274 and 903275

Sales by neighborhood for Palos Verdes real estate detail an average price range of over $1,000,000 for 13 out of 17 areas; only 4 areas were below $1,000,000.  Single family Palos Verdes homes showed an increase in average sales price in 9 areas ranging from .8% in Lunada Bay to 46.4% in West Palos Verdes.  Rolling Hills posted the largest decrease in average sales price of 21.6%.

Lunada Bay had the largest number of Palos Verdes homes sold (61) and West Palos Verdes had the smallest number of homes sold (12).  West Palos Verdes also had the highest average sales price at $2,436,667 for Palos Verdes homes sold.   The higest average square foot price for Palos Verdes homes sold was in Los Verdes at $685 per square foot and the lowest was in Eastview RPV at $392 per square foot.

The average price for single family Palos Verdes homes sold in 2010 was $1,441,118 which was 3.6% higher than 2009.  The average price per square foot for Palos Verdes homes sold was $496 per square foot which was 2% lower than 2009.  A better view of the above chart can be seen by clicking here or on the “Statistics ” tab above.