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West Palos Verdes Area of Rancho Palos Verdes 4th Quarter 2010 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 4th Quarter of 2010 :

Properties Sold:  4

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

30358 Via Rivera           $975,000 4 3.00 2,779 $350.85 1970 V10039207 10/25/10 164

30181 Via Rivera        $1,580,000 4 5.00 3,321 $475.76 1961 S10079562 10/13/10 18

30 Via Del Cielo         $2,800,000 4 6.00 6,204 $451.32 2005 S10047842 10/27/10 177

70 Via Del Cielo         $3,000,000 4 5.00 4,183 $717.19 2000 V10110688 12/10/10 30

 

Properties for Sale as of 12/31/10:  7

 

 

 West Palos Verdes

Average List Price at 12/31/10:  $ 3.5 million

Average Sales Price of homes sold during 4th quarter: $ 2.1 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr:   $ 499 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.

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 • January 22 2011 02:58PM

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