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Los Verdes Area of Rancho Palos Verdes 1st Quarter 2012 Real Estate Market Report

The Los Verdes area of Rancho Palos Verdes (Area 173 in map below) had the following real estate market activity for single family residences during the 1st Quarter of 2012 :

Properties Sold: 6

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

28722 Lomo DR             $710,000 4 2.00 1,834 $387.13 1965 S11032435 1/04/12             298
28084 Ella RD                $875,000 4 2.00 1,906 $459.08 1962 V11131942 3/05/12               91
27907 Centuria             $985,000 4 2.00 1,972 $499.49 1962 S11145706 2/01/12               79
6550 Verde Ridge RD  $1,080,000 5 4.00 3,255 $331.80 1970 S684940    3/13/12               57
28021 Ella RD             $1,250,000 3 4.00 2,400 $520.83 1962 S11154064 1/10/12              10
6763 Verde Ridge RD  $1,350,000 5 4.00 2,788 $484.22 1972 S11078519 1/24/12             125
Average                      $1,041,667 4.0 3.00 2,359 $447                                                         110

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

 

 Los Verdes STreet

 Los Verdes Street with Ocean View

Properties for Sale as of 3/31/12:  8 ( 4 months of inventory based on the average number of homes sold per month during the quarter of 2 )  Click Here for Current Properties for Sale


Average List Price at 3/31/12:  $ 1.0 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 447 per sq. ft.

Properties sold at an average of 96% of Original  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 08:41PM

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