Maureen Megowan's Blog

head_left_image

Palos Verdes Drive North Area of Palos Verdes Peninsula 4th Quarter 2012 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 4th Quarter of 2012:

Properties Sold: 19 ( A substantial increase over the prior quarter sales )

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

2255 Palos Verdes DR             $760,000 2 2.00 1,714 $443.41 1953 S704889     12/04/12     102
27823 Conestoga DR               $815,000 3 2.00 1,602 $508.74 1957 V12092276 10/26/12       84
4 Silver Eagle RD                    $850,000 2 3.00 1,395 $609.32 1957 12618145    11/21/12      71
27300 Rainbow Ridge RD         $865,000 4 3.00 2,464 $351.06 1957 V12126264  11/07/12      23
27747 Eastvale RD                  $879,000 3 3.00 2,024 $434.29 1961 PV12135734 12/06/12      35
4018 Rousseau LN                $1,025,000 3 2.00 2,063 $496.85 1972 S12117030  12/04/12      78
4133 Roessler CT                  $1,075,000 3 3.00 2,577 $417.15 1970 PV12146734 12/20/12     11
4324 Rousseau LN                 $1,100,000 5 3.00 3,104 $354.38 1972 PV12145644 11/29/12      1
26763 Westvale RD               $1,235,000 5 3.00 3,129 $394.69 1960 V12100672   12/28/12    138
4651 Marloma DR                  $1,235,000 4 2.00 1,955 $631.71 1955 V12103554   10/30/12     62
40 Pony LN                            $1,240,000 4 3.00 2,434 $509.45 1961 S12073302   11/30/12   162
11 Ranchview RD                   $1,300,000 4 3.00 2,623 $495.62 1955 V12125030   12/21/12   152
40 Santa Bella RD                  $1,380,000 4 4.00 3,181 $433.83 1960 S12097364   11/29/12     84
37 Dapplegray LN                   $1,499,000 4 3.00 2,994 $500.67 1947 V12103171  12/11/12    117
4640 Marloma DR                   $1,560,000 4 4.00 2,930 $532.42 2012 V12082665  10/03/12      93
16 Harbor Sight DR                 $1,650,000 5 4.00 3,805 $433.64 1964 V12045665  12/18/12    268
8 Pleasant Hill DR                    $1,925,000 4 4.00 4,382 $439.30 1990 V12113152 11/15/12     276
38 Moccasin LN                       $2,050,000 4 4.00 5,800 $353.45 1990 S12065189 10/29/12       80
3540 Lariat LN                        $2,300,000 6 7.00 5,192 $442.99 1999 V12101477 12/21/12     123
Average                                  $1,302,263 4.0 3.30 2,914 $447                                              103

 

Properties for Sale as of 12/31/12:  7  Click Here for Current Properties For Sale . This is only a 1 month inventory of unsold homes based on the average number of 6 homes sold per month over the last quarter.

Average List Price at 12/31/12: $1.5 million

 
 
       
  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 7 7 0% 7 11 -36.4% 10 15 -33.3%
Sold 9 6 50% 9 1 800% 6 2 200%
Pended 3 12 -75% 3 1 200% 8 2 300%
 
 
 

Average Sales Price of homes sold during 4th quarter: $ 1.3 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 447  per sq. ft., a 10% increase over the comparable quarter last year.

 
 
       
  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 449 434 3.4% 449 358 25.4% 447 407 9.9%
 
 

Properties sold at an average of 92% 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 • January 18 2013 01:31PM

Comments

This blog does not allow anonymous comments