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Peninsula Center Area of Rolling Hills Estates and Rancho Palos Verdes 4th Quarter 2013 Real Estate Market Report

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

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 4th Quarter of 2013 :

Properties Sold: 5

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

4807 Browndeer LN $1,070,000 4 4.00 2,364 $452.62 1966 PV13161985 10/02/13 9

4726 Browndeer LN $1,125,000 4 3.00 2,189 $513.93 1966 PV13209044 11/21/13 36

4855 Elkridge DR $1,200,000 5 3.00 2,372 $505.90 1965 PV13214801 12/17/13 9

26717 Honey Creek RD $1,209,000 4 3.00 2,405 $502.70 1966 SB13157884 10/16/13 21

27634 Warrior DR $1,210,000 5 3.00 2,450 $493.88 1959 SB13149868 11/05/13 51

Average                $1,162,800 4.0 3.20 2,356 $494 1964                                      25

 

 

Average Sales Price of homes sold during 4th quarter: $ 1.2 million

 

Properties for Sale as of 12/3113: 4 ( A 4 months supply ) Click Here for Current Properties for Sale

 

Average List Price at 12/31/13: $1.5 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 494 per sq. ft., a 12% increase over the comparable quarter last year

 
 
 
 
 

Properties sold at an average of 98% of original List Price

 

 

 

Comments(1)

David Saks
Memphis, TN
Broker / Industry Analyst

Thanks for sharing a fine report. Hope you're having a terrific week.

Jan 28, 2014 04:20 PM