West Palos Verdes Area of Rancho Palos Verdes 4th Quarter 2010 Real Estate Market Report

Real Estate Agent with Remax Estate Properties - BRE #01368971

The West Palos Verdes area of Rancho Palos Verdes ( area 170 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2010 :

Properties Sold:  4

Address                    Sales Price BR BA  Sq.ft.   $/Sq.ft Yr.Blt. MLS#  Sold Date  Days on Mkt.

30358 Via Rivera           $975,000 4 3.00 2,779 $350.85 1970 V10039207 10/25/10 164

30181 Via Rivera        $1,580,000 4 5.00 3,321 $475.76 1961 S10079562 10/13/10 18

30 Via Del Cielo         $2,800,000 4 6.00 6,204 $451.32 2005 S10047842 10/27/10 177

70 Via Del Cielo         $3,000,000 4 5.00 4,183 $717.19 2000 V10110688 12/10/10 30


Properties for Sale as of 12/31/10:  7



 West Palos Verdes

Average List Price at 12/31/10:  $ 3.5 million

Average Sales Price of homes sold during 4th quarter: $ 2.1 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr:   $ 499 per sq. ft.

Properties sold at an average of 96% of List Price

Note:  The sales statistics for homes in the West Palos Verdes area are distorted due to the fact that homes in the Ocean Front Estates next to the ocean are high end estate properties while the rest of the area to the east of Palos Verdes Drive tend to be more moderately priced older homes.


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Maureen Megowan

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