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Valmonte Area of PVE 3rd Quarter 2014 Real Estate Market Report

The Valmonte area of Palos Verdes Estates ( Area 164 in map below ) had the following real estate market activity for single family residences during the 3rd Quarter of 2014:

Properties Sold: 7

Address             Sales Price Bd Bth Sqft $/Sq Yr Built ML# Sold Date Days on Market

300 Via Alcance $1,100,000 3 2.00 2,006 $548.35 1950 SB14101410 9/20/14 53

3720 Via La Selva $1,215,000 2 2.00 1,714 $708.87 1952 PV14081105 8/20/14 109

3916 Via Valmonte $1,225,000 3 2.00 1,602 $764.67 1952 PV14114870 8/14/14 40

2521 Via Anita $1,487,500 4 3.00 2,040 $729.17 1949 PV14126455 8/20/14 65

3932 Via Solano $1,524,000 4 3.00 1,893 $805.07 1942 SB14104170 8/26/14 41

3205 Via La Selva $1,635,000 3 3.00 3,065 $533.44 1978 PV14135453 8/13/14 47

3825 Via Palomino $2,000,000 4 3.00 2,497 $800.96 1953 SB14157722 7/16/14 8

 

Average                  $1,455,214 3.0 2.60 2,117 $684 1954                               52

 

Average Sales Price of homes sold during 3rd quarter:$ 1.45 million

Via Anita Valmonte Tree Section

Properties for Sale as of 9/30/2014: 12. Based on average sales per month for the 3rd quarter of 2 home sold, equal to 6 months inventory. There are 7 properties in escrow as of the end of September. 

 

Average List Price at 9/30/2014: $ 1.5 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 684 per sq. ft.

 
Properties Sold for an average of 94% or original List Price

 

 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.

Comment balloon 1 commentMaureen Megowan • October 27 2014 04:05PM
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