The Palos Verdes Dr. East area of Rancho Palos Verdes ( area 167 in map below )had the following real estate market activity for single family residences during the 1st Quarter of 2012 :

Properties Sold:  8

Address                          Price  Bd Bth  Sq ft  $/Sq Yr. Blt.       MLS# Date of Sale Days on Market   

 

4068 Miraleste DR           $770,000 3 3.00 1,890 $407.41 1960                11570555 2/28/12                     80

6405 Via Canada             $799,000 2 2.00 1,375 $581.09 1937              V11074216 1/09/12                   147

9 La Vista Verde DR         $850,000 4 3.00 2,258 $376.44 1962              S11140209 3/23/12                   136

4 Stirrup RD                     $945,000 4 4.00 2,800 $337.50 1956              V11096543 2/22/12                   199

8 La Vista Verde DR       $1,100,000 4 4.00 3,973 $276.87 1996              S12008060 3/16/12                   359

2251 Daladier DR          $1,110,000 4 4.00 3,125 $355.20 1972               V11159478 2/01/12                   54

0 Rockinghorse RD        $1,275,000 4 3.00 3,047 $418.44 1957               V11141370 3/12/12                  123

3324 Crownview DR      $2,425,000 7 7.00 6,000 $404.17 1995               V11126741 3/16/12                  175

 

Average                        $1,159,250 4.0 3.80 3,059 $395                                                        159

 

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

 

Properties for Sale as of 3/31/2012:  18  ( 6 months inventory based upon the average of 3 homes sold per month during the quarter ). The number of homes in escrow as of 3/31/12 has increased substantially, however,  to 10 homes.  Click Here for Current Properties for Sale

 

Average List Price at 3/31/12:  $ 1.3 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 395 per sq. ft.

Properties sold at an average of 93% of List Price

For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.

 

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Palos Verdes Real Estate Blog - Maureen Megowan

Palos Verdes Estates, CA

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Information about the real estate and home markets of the beach communities of the South Bay of Los Angeles and the Palos Verdes Peninsula. Palos Verdes homes for sale and South Bay Los Angeles real estate. I strive to be the best real estate agent / realtor in the cities of Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills Estates, Rolling Hills, Redondo Beach, Torrance, Manhattan Beach, Hermosa Beach, San Pedro and El Segundo.l


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