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Palos Verdes Drive North Area of Palos Verdes Peninsula 1st Quarter 2011 Real Estate Market Report

The Palos Verdes Drive North area of the Palos Verdes Peninsula ( area 165 in map below )had the following real estate market activity for single family residences during the 1st Quarter of 2011:

Properties Sold: 7

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

27837 Conestoga DR $790,000 3 2.00 1,735 $455.33 1957 S10076757 2/23/11                140

24 Palos Verdes LN    $868,500 3 2.00 1,694 $512.69 1954 V10073912 1/04/11                157

26641 Westvale RD   $875,000 2 2.00 1,499 $583.72 1949 S11003223 2/25/11                  12

3410 Tanglewood LN  $900,000 5 3.00 3,523 $255.46 1961 V10065739 2/18/11                196

20 Palos Verdes LN     $995,000 3 3.00 2,252 $441.83         V10082304 1/06/11                146

4023 Rousseau LN  $1,160,000 5 3.00 3,104 $373.71 1972 V10074861 3/31/11                230

1600 Via Lazo          $1,195,000 3 2.00 1,690 $707.10 1956  11497527 2/11/11                  6

 

Properties for Sale as of 3/31/11:  16

 

Average List Price at 3/31/11:  $1.5 million

Average Sales Price of homes sold during 1st quarter: $ 1.0 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 476  per sq. ft.

Properties sold at an average of 95% of List Price

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 • April 12 2011 09:02PM

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