Maureen Megowan's Blog

head_left_image

Palos Verdes Dr. N area of PV 3rd Qtr. 2014 Real Estate Market Report

The Palos Verdes Drive North area of Rolling Hills Estates and the Palos Verdes Peninsula ( area 165 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2014:

Properties Sold: 24 ( about a 60% increase over the 3rd quarter of 2013 )

Address           Sales Price BR BA Sq.ft. $/Sq.ft Yr. Blt. MLS # Dale of Sale Days on Market

2211 Carriage DR $655,000 4 2.00 1,542 $424.77 1955 SB14126345 8/05/14 38

10 Cerrito PL $900,000 2 2.00 1,718 $523.86 1960 PV14119060 7/21/14 25

27064 Sunnyridge RD $990,000 3 2.00 1,884 $525.48 1956 SB14092074 8/06/14 18

2317 Carriage DR $998,000 3 2.00 1,512 $660.05 1955 PV14126568 8/07/14 115

2271 Estribo DR $999,900 4 3.00 2,320 $430.99 1956 SB13090514 7/07/14 404

4 Gaucho DR $1,035,000 3 2.00 1,616 $640.47 1955 PV14130929 7/29/14 34

2209 Carriage DR $1,035,000 3 2.00 1,600 $646.88 1955 SB14141440 8/29/14 17

3815 Palos Verdes DR N $1,055,000 3 2.00 1,669 $632.12 1927 PV14013099 7/11/14 181

2206 Potrillo RD $1,135,000 4 2.00 1,576 $720.18 1957 PV14122921 7/11/14 8

9 Buckskin LN $1,160,000 4 2.00 1,933 $600.10 1951 PV14158375 9/14/14 27

27 Aurora DR $1,232,500 4 3.00 2,334 $528.06 1962 SB14097595 9/24/14 100

46 Dapplegray LN $1,300,000 4 2.00 2,024 $642.29 1947 PV14124865 7/22/14 39

26643 Academy DR $1,380,000 4 3.00 2,794 $493.92 1973 SB14043640 7/03/14 66

82 Dapplegray LN $1,470,000 4 3.00 3,400 $432.35 1962 SB14104235 8/05/14 121

3536 Lariat LN $1,479,000 3 2.00 2,000 $739.50 1960 SB14134311 7/03/14 0

27 Club View LN $1,600,000 5 3.00 2,694 $593.91 1971 14786325 9/17/14 25

25 Harbor Sight DR $1,658,000 4 4.00 3,425 $484.09 1955 PV14067162 7/07/14 71

5 Saddlehorn LN $1,820,000 3 3.00 2,638 $689.92 1959 SR14164510 9/26/14 61

74 Buckskin LN $2,000,000 5 4.00 3,650 $547.95 1947 14762403 9/30/14 119

17 Roanwood DR $2,075,000 6 4.00 3,909 $530.83 1965 PV14112279 7/31/14 45

3717 N Palos Verdes DR N $2,200,000 4 5.00 3,861 $569.80 2002 SB14043662 7/01/14 91

6 Saddlehorn LN $2,587,500 5 4.00 4,670 $554.07 1959 PV14114791 8/08/14 64

91 Dapplegray LN $2,725,000 5 4.00 4,884 $557.94 1951 SB14104023 7/25/14 69

74 Dapplegray LN $2,765,000 5 6.00 4,834 $571.99 1975 PV14114887 7/31/14 23

 

Average                $1,510,621 4.0 3.00 2,687 $561 1959                                        73

 

Average Sales Price of homes sold during 3rd quarter: $ 1.5 million

 

Properties for Sale as of 9/30/2014: 15 ( A 7% increase over last year )  . This is about 2 months inventory of unsold homes based on the average number of 8 homes sold per month over the last quarter. There are 4 properties in escrow as of the end of September.

 

 

Average List Price at 9/30/2014: $1.9 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 561 per sq. ft., a 7% increase over the comparable quarter last year.

 

Properties sold at an average of 96% of original List Price and took 1 to 2 months to sell during the 3rd Quarter.

 

For more Palos Verdes real estate market reports see the following link on my website: Market Reports

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.

0 commentsMaureen Megowan • October 20 2014 01:13PM
Palos Verdes Dr. N area of PV 3rd Qtr. 2014 Real Estate Market Report
share
The Palos Verdes Drive North area of Rolling Hills Estates and the Palos Verdes Peninsula ( area 165 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2014: Properties Sold: 24 (… more
Monte Malaga Area of PVE 3rd Quarter 2014 Real Estate Market Report
share
The Monte Malaga area of Palos Verdes Estates ( area 162 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2014: Properties Sold: 12 Address Sales Price Bd Bth… more
Malaga Cove Area of PVE 3rd Quarter 2014 Real Estate Market Report
share
The Malaga Cove area of Palos Verdes Estates ( area 163 in map below ) had the following real estate activity for single family residences during the 3rd Quarter of 2014 : Properties Sold: 11 Address Sales Price Bd Bth Sqft $… more
Lunada Bay Area of PVE 3rd Quarter 2014 Real Estate Market Report
share
The Lunada Bay area of Palos Verdes Estates ( area 160 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2014 : Properties Sold: 26 Address Price BR BA Sq… more
Interest Rates Move down again
share
Interest rates for buying a home on the Palos Verdes Peninsula moved down this week. The following are excerpts from the newsletter on interest rates published by HSH Associates : "Volatility returned to the markets in full force this week; a… more
City of Rolling Hills 3rd Quarter 2014 Real Estate Market Report
share
The City of Rolling Hills ( area 166 in map below ) had the following real estate market activity for single family residences during the 3rd Quarter of 2014: Properties Sold: 6 ( Compared to 5 sales in the comparable quarter last year )… more
Rolling Hills Estates 3rd Qtr. 2014 Real Estate Market Report
share
The City of Rolling Hills Estates Real Estate Market, including the unincorprated area known as Palos Verdes Peninsula adjacent to the City, had shown relatively strong sales. The number of homes for sale at the end of September of 22 homes is… more
City of Rancho Palos Verdes 3rd Qtr. 2014 Real Estate Market Report
share
The City of Rancho Palos Verdes real estate market has been relatively strong The number of homes listed for sale at the end of September decreased to 97 homes from 120 homes for sale in July, but is still 25% higher than the same time last year… more
City of Palos Verdes Estates 3rd Quarter 2014 Real Estate Market…
share
The Palos Verdes Estates real estate market continues to be relatively strong. The number of homes listed for sale in the City of Palos Verdes Estates increased substantially from January thru June after falling to very low levels at the end of … more
Palos Verdes 3rd Qtr. 2014 Condo/Townhome Real Estate Market Report
share
The inventory of unsold condos and townhomes on the Palos Verdes Peninsula of 55 units is up approx. 20% compared to this time a year ago. The average number of sales per month over the last 3 months of 13 units per month is 19% lower than a… more