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Palos Verdes Dr. South Area of Rancho Palos Verdes 1st Quarter 2012 Real Estate Market Report

The Palos Verdes Dr. South area of Rancho Palos Verdes (area 169 in map below )had the following real estate market activity for single family residences during the 1st Quarter of 2012 :

Properties Sold:  5

Address                                       Price Bd Bth Sq ft  $/Sq     Yr. Blt. MLS# Date of Sale Days on Market  

1W Pomegranate RD             $560,000 2 2.00 1,958 $286.01 1953 V12002714 2/26/12           83
3508 Vigilance DR                  $865,000 4 3.00 2,406 $359.52 1964 V12009069 2/08/12           48
4291 Admirable DR             $1,115,000 4 4.00 2,505 $445.11 1956 S11151577 3/12/12         108
5521 S Palos Verdes DR     $1,255,000 2 2.00 2,210 $567.87 1952 V11098478 2/27/12          207
24 Nuvola CT                      $1,825,000 5 5.00 4,244 $430.02 1998 V10047275 2/06/12         644
Average                              $1,124,000 3.0 3.20 2,665 $418                                                    218

Average Sales Price of homes sold during 1st quarter: $ 1.1 million

rancho palos verdes

 

Properties for Sale as of 3/31/112  16 ( 8 months of inventory at the average number of homes sold each month in the last quarter of 2 )  Click Here for Current Properties for Sale

 

Average List Price at 3/31/12:  $ 2.0 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 418 per sq. ft.

Properties sold at an average of 87% 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 23 2012 07:39PM

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