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 2011 :
Properties Sold: 2
Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt.
31003 Rue Langlois $1,100,000 4 2.00 2,389 $460.44 1960 V11008202 3/04/11 12
18 Calle Viento DR $2,600,000 5 6.00 4,891 $531.59 2004 V10105305 3/29/11 156
Properties for Sale as of 3/31/11: 14
Average List Price at 3/31/11: $ 3.3 million
Average Sales Price of homes sold during 1st quarter: $ 1.9 million
Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 496 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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