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Peninsula Center Area of Rolling Hills Estates and Rancho Palos Verdes 3rd Quarter 2012 Real Estate Market Report

The Peninsula Center area of Rancho Palos Verdes and Rolling Hills Estates (Area 175 in map below) had the following real estate market activity during the 3rd Quarter of 2012 :

Properties Sold: 6

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

4849 Browndeer LN         $825,000 4 3.00 2,189 $376.88 1965 11549461  7/31/12  232

5008 Golden Arrow DR    $865,000 3 3.00 1,896 $456.22 1967 S12063962 8/03/12   38

4659 Browndeer LN         $899,000 4 3.00 2,189 $410.69 1965 V12064278 7/13/12    9

26642 Honey Creek RD    $955,000 4 3.00 2,246 $425.20 1965 S12048509 8/01/12   84

27525 Larchbluff DR     $1,035,000 5 3.00 2,386 $433.78 1965 S12054564 8/08/12   41

27017 Silver Moon LN   $1,150,000 4 3.00 2,794 $411.60 1967 S12038944 8/29/12  121

Average                        $954,833 4.0 3.00 2,283 $418                                             88

 

Average Sales Price of homes sold during 3rd quarter: $ 1.0 million

 

Properties for Sale as of 9/30/12:  2   This equates to only a 1 month inventory Click Here for Current Properties for Sale

 

Average List Price at 6/30/12: $ 1.0 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 418 per sq. ft., a 5% decrease from the comparable quarter last year.

 
 
       
  Sep. 12 Aug. 12 Curnt vs. Prev Month % Change Sep. 12 Sep. 11 Curnt vs. Same Month 1 Yr Ago % Change Jul. 12 to Sep. 12 Jul. 11 to Sep. 11 Curnt vs. Same Qtr 1 Yr Ago% Change
Avg. Sq. Ft. Price 0 430 -100% 0 473 -100% 418 441 -5.3%

 

Properties sold at an average of 99% 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 • October 30 2012 11:15AM

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