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 1st Quarter of 2013 :
Properties Sold: 3
Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt.
30816 Rue De La Pierre $970,000 5 4.00 2,560 $378.91 1973 S12097344 1/25/13 139
30327 Via Cambron $1,030,000 4 3.00 2,249 $457.98 1961 TR12129399 1/08/13 37
25 Via Del Cielo $4,500,000 6 9.00 6,750 $666.67 2004 P835404 1/25/13 123
Average $2,166,667 5.0 5.30 3,853 $562 100
Average Sales Price of homes sold during 1st quarter: $ 2.2 million
Properties for Sale as of 3/31/13: 6 ( 6 months of inventory based upon the average number of homes sold per month during the last quarter ) Click Here for Current Properties for Sale
Average List Price at 3/31/13: $ 6.4 million
Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 562 per sq. ft.
Properties sold at an average of 95% of Original List Price
Note: The sales statistics for homes in the West Palos Verdes area may be 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.
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.