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Palos Verdes Drive East Area of Rancho Palos Verdes 4th Quarter 2012 Real Estate Market Report

The Palos Verdes Dr. East area of Rancho Palos Verdes ( area 167 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2012 :

Properties Sold:  10

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

71 Rockinghorse RD               $793,000 3 2.00 1,452 $546.14 1954 PV12146059 11/30/12             1

6421 Via De Anzar                  $850,000 4 2.00 2,309 $368.12 1956 V12069791   12/06/12          183

2532 Colt                                 $860,000 4 3.00 2,878 $298.82 1960 V12015964    10/12/12           77

3133 Martingale DR          $900,000 3 2.00 2,238 $402.14 1959 S12091172    10/30/12           58

2431 Sparta DR                      $910,000 3 2.00 2,395 $379.96 1966 V12116399     12/04/12           53

3255 Parkhurst                        $920,000 4 3.00 2,793 $329.39 1960 V12117667     11/26/12           43

2934 Crownview DR            $1,050,000 3 4.00 3,329 $315.41 1967 S12125027     12/17/12           42

1 Coach                                $1,088,000 3 3.00 2,471 $440.31 1956 PV12128834   12/12/12          123

27601 Palos Verdes Dr East $1,146,500 3 3.00 2,800 $409.46 1957 S12096932    10/30/12           37

2 Toprail LN                           $1,265,000 3 2.00 2,261 $559.49 1960 S12100379     12/26/12          98

Average                         $978,250 3.0 2.60 2,493 $391                                                    

Average Sales Price of homes sold during 4th quarter: $ 1.0 million

 

Properties for Sale as of 12/31/2012: 13 , a 44% decrease from a year ago ( 3 months inventory based upon the average of 4 homes sold per month during the quarter ). 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 13 20 -35% 13 23 -43.5% 18 24 -25%
Sold 5 2 150% 5 4 25% 4 5 -20%
Pended 6 8 -25% 6 1 500% 6 3 100%
 

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

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 391 per sq. ft. This was approx. 20% higher than one year ago

 
       
  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 404 404 0.2% 404 300 34.9% 391 327 19.8%

 

Properties sold at an average of 93% 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 1 commentMaureen Megowan • January 18 2013 01:49PM

Comments

Hi Maureen,  always enjoy viewing stats and graphs on other communities.  Thanks for sharing with us.

Posted by Ronald DiLalla, No. Orange Cty Real Estate (Century 21 Discovery DRE 01813824) over 6 years ago

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