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Palos Verdes Drive North Area of Palos Verdes Peninsula 1st Quarter 2010 Real Estate Market Report

By
Real Estate Agent with Remax Estate Properties - BRE #01368971

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 1st Quarter of 2010:

Properties Sold:  14

Address                               Sales Price BR BA  Sq.ft.  $/Sq.ft

 26071 Marina Drive            $875,000   2   2    1,603    $546

2267 Carriage Drive            $900,000   4   3    2,112    $426

26864 Eastvale Rd              $945,000   4   3    2,037    $464

14 Sorrel Lane                    $970,000   3   2    1,572    $617

41 Silver Saddle Lane          $980,000   4   3    2,224    $441

37 Santa Bella Road            $992,000   3   3    2,078    $477

8 Buckskin Lane               $1,100,000   3   2    2,182    $504

6 Strawberry Lane             $1,100,000   3   2    2,095    $525

27617 Sunnyridge Rd        $1,200,000   3   3    2,457    $488

32 Mocassin AV                $1,349,000   5   3    2,840    $475

12 Peacock Lane              $1,395,000   5   4    3,323    $420

5047 Range Horse Lane    $1,425,000   4   3    3,786    $376

27143 Sunnyridge Road    $1,950,000   5   7    5,328    $366

36 Ranchview                  $2,150,000    5   5    4,457    $482   

Properties for Sale as of 3/31/10:  23

 

Average List Price at 3/31/10:  $1.7 million

Average Sales Price of homes sold during 1st quarter: $ 1.2 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 472  per sq. ft.

Properties sold at an average of 94% of List Price

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