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Valmonte Area of Palos Verdes Estates 4th Quarter 2012 Real Estate Market Report

The Valmonte area of Palos Verdes Estates ( Area 164 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2012:

Properties Sold: 7

Address          Sales Price Bd Bth Sqft $/Sq Built ML# Sold Date Days on Market

4309 Via Nivel           $786,000 3 2.00 1,531 $513.39 1949 PV12130547 12/05/12           22
3908 Via Valmonte     $865,100 3 2.00 1,317 $656.87 1953 S12114976   11/27/12          14
4037 Via Pima            $985,000 3 2.00 1,914 $514.63 1954 V12066975   10/23/12        149
2732 Via Anita $        1,125,000 4 2.00 2,453 $458.62 1953 PV12130886 12/18/12        108
513 Via Gorrion        $1,125,890 3 3.00 2,516 $447.49 1951 S12100709  10/31/12          87
117 Via Alameda      $1,265,000 3 3.00 2,188 $578.15 1959 S12100117   10/10/12         49
2540 Via La Selva     $1,565,000 3 3.00 2,401 $651.81 2002 PV12152145 12/19/12        876

Average                      $1,102,427 3.0 2.40 2,046 $546                                                186

 

 

Average Sales Price of homes sold during 4th quarter:$ 1.1 million

Via Anita Valmonte Tree Section

Properties for Sale as of 12/31/12: Only 3 ( A huge decrease from the 15 properties for sale at the end of November 2011 ). Click Here for Current Properties for Sale

 

 
 
 
 
 
       
  Dec. 12 Nov. 12 % Change Curnt vs. Prev Month Dec. 12 Dec. 11 % Change Curnt vs. Same Month 1 Yr Ago Oct. 12 to Dec. 12 Oct. 11 to Dec. 11 % Change Curnt vs. Same Qtr 1 Yr Ago
For Sale 3 3 0% 3 3 0% 3 11 -72.7%
Sold 3 1 200% 3 4 -25% 2 3 -33.3%
Pended 1 1 0% 1 8 -87.5% 1 6 -83.3%

 

 

Average List Price at 12/31/12: $1.7 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 546 per sq. ft., a 10% increase over the prior years comparable quarter.

 
 
 
 
 
       
  Dec. 12 Nov. 12 % Change Curnt vs. Prev Month Dec. 12 Dec. 11 % Change Curnt vs. Same Month 1 Yr Ago Oct. 12 to Dec. 12 Oct. 11 to Dec. 11 % Change Curnt vs. Same Qtr 1 Yr Ago
Avg. Sq. Ft. Price 544 657 -17.1% 544 506 7.5% 546 495 10.1%

Properties sold at an average of 98% 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 • January 18 2013 01:13PM

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