Rolling Hills Estates, CA Real Estate News

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
2013 First Half Palos Verdes homes sales for the Palos Verdes Drive North neighborhood decreased to 34 single family homes sold compared to 41 homes sold in the first half of 2012.  Price per square foot for Palos Verdes Drive North houses that sold in the first half of 2013 increased 12.3% to $487 from $434 for the same time period last year.  Average sales price for Palos Verdes Drive North homes sold in the first half of 2013 decreased to $1,234,502 compared to $1,272,208  for the first half of 2012.  The most expensive home sold for $2,400,000 and the lowest priced home sold for $779,025. Currently, the Palos Verdes Drive North neighborhood has 22 Palos Verdes homes for sale.  To read more about the Palos Verdes Drive North area, click here.... Photos courtesy of the City of Rollin...
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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 ) has decreased to only 17 homes at the end of August a 35% decrease from the prior year. The number of properties sold monthly over the last 3 months is averaging 8 sales a month, a 20% decrease over the comparable period last year, with the decrease in sales primarily due to the lack of inventory . There are 15 homes in escrow as of the end of August. Click Here for a current search of homes for Sale in Rolling Hills Estates. Make sure to scroll down to see entire report.               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 Fo...
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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 2013. Homes for sale in the Palos Verdes Drive North: Homes in escrow in the Palos Verdes Drive North: Homes that sold in the last 12 months in the PV Drive North area (under $1.2M): Homes that sold in the last 12 months in the PV Drive North area (over $1.2M)
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
The Norris Center for the Performing Arts has a special guest this year with Hollywood Legend Debbie Reynolds opening the 2013-2014 season. This great event will also be celebrating the 30th birthday of the center on September 6, 2013, with "An Evening with Debbie Reynolds."  Palos Verdes homes owners are in for a special treat with this multi-talented actress, singer and dancer who has been in more than 80 films in her long career. Debbie Reynolds was known as "America's Sweetheart" while starring during the Golden Age of Hollywood.  From shows like "Singing in the Rain" to "The Unsinkable Molly Brown," she has had wonderful careers both in film and Broadway as a stage actress and singer.  Now, she even has a new autobiography, "Unsinkable: A Memoir," which was released in April of th...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
The 56th annual Portuguese Bend National Horse Show is next weekend in Palos Verdes! This fundraiser event benefits the Children's Hospital in LA, is organized by the Peninsula Committee Children's Hospital and attendance is expected to be between 3000 and 5000. The equestrian events begin at 8 am on Friday at Ernie Howlett Park in Rolling Hills Estates with the other festivities starting at 10 am. General admission is listed as free on Friday, $5 on Saturday & Sunday with kids 12 and under free all weekend. Ringside tables and chairs are offered under the reserved seating fees on the mini fact sheet below. PB Horse Show - Mini fact sheet PB Horse Show - Event schedule Ernie Howlett Park - Map From the PCCH website: "For three days, this A-rated PORTUGUESE BEND NATIONAL HORSE SHOW havi...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
3747 Palos Verdes Drive North, RHE - $2,999,000Listing information and photos - presented by South Bay Brokers This home has some impressive equestrian facilities. Located at the end of a small spur road off PV Drive North, it gets more amazing when you step into the "backyard."  The home itself is wonderfully remodeled (link with details), though let's jump to the horse lovers details: Just over 76,500 sq.ft. of land with two lots combined 6 Stall barn with in/out stalls Your own private riding ring Turn out Wash rack Trailer parking area 481 sq.ft. tack room Direct trail access (The city of Rolling Hills Estates alone has around 25 miles of riding trails, many connect to the other areas of Palos Verdes.)
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
There are still places in Los Angeles where you can saddle up and shout, "Hey honey, I'm going to the store." At the bridle trail intersection at the corner of PV Drive North & Rolling Hills Road sits the quaint Rolling Hills General Store.  RHGS offers horse feed, tack, bedding, riding clothing, boots, equestrian gifts and more.   Kelly's Corner in the same building sells sandwiches and snacks.The PV Horseman's Association bulletin board hangs on the side of the building and is a great spot to check for local notes on horses for sale, horse boarding, tack for sale and services. The Rolling Hills General Store26947 Rolling Hills Rd., Rolling Hills Estates, CA 90274(310) 541-3668Mon-Sat: 9:30 am to 6:00 pmSun: 12:00 pm to 4:00 pm.Check out homes for sale nearby - Rolling Hills homes - Ro...
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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 ) has decreased to only 19 homes at the end of July, a 24% decrease from the prior year. The number of properties sold monthly over the last 3 months is averaging 10 sales a month, a 9% decrease over the comparable period last year . There are 13 homes in escrow as of the end of July. Click Here for a current search of homes for Sale in Rolling Hills Estates. Make sure to scroll down to see entire report.               Jul. 13 Jun. 13 Curnt vs. Prev Month % Change Jul. 13 Jul. 12 Curnt vs. Same Month 1 Yr Ago % Change May. 13 to Jul. 13 May. 12 to Jul. 12 Curnt vs. Same Qtr 1 Yr Ago % Change For Sale 19 21 -9.5% 19 25 -24% 19 22 -13.6% Sold 8 8 0% 8 4 100% 10 11 ...
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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 2013. Homes for sale in the Palos Verdes Drive North: Homes in escrow in the Palos Verdes Drive North: Homes that sold in the last 12 months in the PV Drive North area (under $1.2M): Homes that sold in the last 12 months in the PV Drive North area (over $1.2M)
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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 2013 : Properties Sold: 9 Address                    Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS#     Sold Date  Days on Mkt. 27793 Longhill DR            $910,500 3 3.00 1,896 $480.22 1966 SB13089568 6/14/13           8 4613 Browndeer LN       $1,050,000 3 2.00 2,001 $524.74 1965 PV13060610 5/24/13           9 27948 Beechgate DR     $1,075,000 4 3.00 2,447 $439.31 1967 PV13055994  6/12/13         40 26630 Deepbrook DR     $1,105,000 5 3.00 2,784 $396.91 1966 PV13087053 6/04/13          25 27433 Larchbluff DR       $1,150,000 5 3.00 2,225 $516.85 1965 OC13053930 4/30/13          4 27755 Longhill DR          $1,194,375...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The following is the 2nd quarter 2013 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 to only 13 homes on the market at the end of the 1st quarter, but increased substantially during the 2nd quarter to 21 at the end of June, the same as this time last year. The average number of homes sold per month decreased 28% in the 2nd quarter compared to last year to an average of 10 homes sold per month, with 8 homes in escrow at the end of the quarter. This still only equates to about a 2 month inventory of unsold homes.               Jun. 13 May. 13 Curnt vs. Prev Month % Change Jun. 13 Jun. 12 Curnt vs. Same Month 1 Yr Ago % Change Apr. 13 to Jun. 1...
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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 2013: Properties Sold: 19 ( a 40% decrease over the 2nd quarter of 2012 )   Address                         Sales Price BR BA Sq.ft. $/Sq.ft Yr. Blt.  MLS #  Dale of Sale  Days on Market 28 Encanto DR                     $840,000 3 2.00 2,112 $397.73 1960 13651455     4/25/13         92 28 Sorrel LN                         $849,000 5 3.00 1,820 $466.48 1947 PV13048917 6/25/13         33 6 Ranchview RD                    $865,000 3 3.00 2,165 $399.54 1955 SB13024329 5/07/13         73 26572 Academy DR               $957,500 3 2.00 2,063 $464.13 1973 PV13005372 5/14/13        120 27411 Rainbow Ridge RD...
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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 June 2013. Homes for sale in the Palos Verdes Drive North: Homes in escrow in the Palos Verdes Drive North: Homes that sold in the last 12 months in the PV Drive North area:
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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 ) has decreased to only 17 homes at the end of May, a 19% decrease from the prior year. The number of properties sold monthly over the last 3 months is averaging 11 sales a month, a 8% decrease over the comparable period last year . There are 10 homes in escrow as of the end of May. Click Here for a current search of homes for Sale in Rolling Hills Estates. Make sure to scroll down to see entire report.                 May. 13 Apr. 13 Curnt vs. Prev Month % Change May. 13 May. 12 Curnt vs. Same Month 1 Yr Ago % Change Mar. 13 to May. 13 Mar. 12 to May. 12 Curnt vs. Same Qtr 1 Yr Ago % Change For Sale 17 19 -10.5% 17 21 -19% 16 23 -30.4% Sold 13 8 62.5% 13 11 18.2...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
The 26th Annual Palos Verdes Street Fair is this weekend, Saturday June 8th from 10-10 and Sunday June 9th from 10-9.  There will be two stages of live music, 200+ local vendors, the largest carnival in the South Bay, free petting zoo & pony rides, international food court and gourmet food trucks.  Attendance last year was estimated at over 40,000 people. This year they have also added a "Best of the Southbay" home brewing competition to go with the baking and chili cook-offs. PV Street Fair - Event Schedule - Map below The Palos Verdes Street Fair is located in the heart of the Palos Verdes Peninsula between Peninsula Center shopping center and the Promenade on the Peninsula mall. Extra capacity parking will be available at Peninsula High with free shuttles every 3 minutes. Admission ...
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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 May 2013. Homes for sale in the Palos Verdes Drive North: Homes in escrow in the Palos Verdes Drive North: Homes that sold in the last 12 months in the PV Drive North area:
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
It's family fun time at the FREE PV Street Fair & Music Festival - the largest in the South Bay!FREE ADMISSION & PARKING!2013 DATES & TIMES:Saturday June 8th 10am-10pmSunday June 9th 10am-9pmLOCATION:Located in the heart of Palos Verdes on Norris Center Drive & Deep Valley Drive. More InfoMORE INFORMATION:Contact the Palos Verdes Chamber of Commerce atTel: 310-377-8111 begin_of_the_skype_highlighting 310-377-8111 end_of_the_skype_highlightingoffice@palosverdeschamber.com  Largest Carnival in the South Bay . Fun family rides and attractions, including a 65 ft ferris wheel, FREE pony rides, & a petting zoo! More Info                 Live Music on Two Stages . Exciting tribute bands, an evening dance party, and more musical styles come together for all to enjoy. More Info                 C...
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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 April 2013. Homes for sale in the Palos Verdes Drive North Neighborhood: Homes in escrow in the Palos Verdes Drive North: Homes that sold in the last 12 months in the PV Drive North area:
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The following article written by Nick Green was published today in the Daily Breeze: Six years and one crippling recession after Rolling Hills Estates abandoned a vision to remake its flagging commercial core with hundreds of homes, a resurgent economy has revived interest in development proposals for the area. A mere 59 condominiums in two projects were built in the Deep Valley Drive area before the recession extinguished the demand for new homes. But two previously approved developments at 627 and 927 Deep Valley Drive, totaling 133 units between them, are likely to begin in quick succession this summer. Homes could begin to hit the housing market starting in 2015. And the largest single project of them all, a mixed-use project on about 8 acres essentially surrounding the existing Bri...
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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 ) has decreased  this year down to only 19 homes, a 14% decrease from the prior year, but up substantially over last month. The number of properties sold monthly has also increased over the last year, averaging 10 sales a month, a 11% increase over the comparable period last year . There are 9 homes in escrow as of the end of April. Click Here for a current search of homes for Sale in Rolling Hills Estates. Make sure to scroll down to see entire report.               Apr. 13 Mar. 13 Curnt vs. Prev Month % Change Apr. 13 Apr. 12 Curnt vs. Same Month 1 Yr Ago % Change Feb. 13 to Apr. 13 Feb. 12 to Apr. 12 Curnt vs. Same Qtr 1 Yr Ago % Change For Sale 19 13 46.2% 19...
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