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West Palos Verdes Area of Rancho Palos Verdes 2nd Quarter 2011 Real Estate Market Report

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 2nd Quarter of 2011 :

Properties Sold:  4

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

30804 Rue De La Pierre $820,000 5 5.00 2,560 $320.31 1973 S623551    4/15/11      244

7050 Via Del Mar           $940,000 4 4.00 2,906 $323.47 1987 V10126157 5/16/11      88

30438 Via Cambron    $1,060,000 4 3.00 2,381 $445.19 1961 S11030478 4/12/11      20

30503 Rue Langlois    $1,235,000 4 2.00 2,112 $584.75 1960 V10126280 4/13/11      95

 

Properties for Sale as of 6/30/11:  15

 

 West Palos Verdes

Average List Price at 6/30/11:  $ 3.0 million

Average Sales Price of homes sold during 2nd quarter: $ 1.0 million

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr:   $ 418 per sq. ft.

Properties sold at an average of 98% of 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.

Comment balloon 0 commentsMaureen Megowan • July 11 2011 01:18PM
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