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Palos Verdes Dr. South Area of Rancho Palos Verdes 4th Quarter 2012 Real Estate Market Report

The Palos Verdes Dr. South area of Rancho Palos Verdes (area 169 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2012 :

Properties Sold: 11

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

4112 Exultant DR             $800,000 3 3.00 1,889 $423.50 1959 S12085897   10/01/12      21
4 Packet RD                     $825,000 3 2.00 1,490 $553.69 1956 S12126187   11/09/12    124
4321 Exultant DR             $870,000 4 3.00 2,551 $341.04 1960 T12007639   10/17/12     256
4125 Dauntless DR           $900,000 3 2.00 2,488 $361.74 1960 PV12134785 12/28/12      49
4245 Admirable DR           $910,000 3 3.00 1,865 $487.94 1956 PV12127619 12/28/12      34
4049 Stalwart DR              $951,000 3 3.00 2,408 $394.93 1960 PV12133994 12/18/12       3
9 Fruit Tree RD              $1,045,000 3 3.00 2,167 $482.23 1952 V12097899   10/26/12      73
6527 Sandy Point CT      $1,050,000 4 4.00 3,036 $345.85 1987 12629975     11/20/12        9
2 Peppertree DR            $1,079,000 3 2.00 2,000 $539.50 1955 V12000110    10/22/12    248
32 Packet Rd                 $1,200,000 4 3.00 2,190 $547.95 1959 S12079622    12/20/12    150
4 Figtree RD                  $1,340,000 3 3.00 2,400 $558.33 1951 SB12139094  12/28/12       4
Average                           $997,273 3.0 2.80 2,226 $448                                                  88

 

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

rancho palos verdes

 

Properties for Sale as of 12/31/12 12 ( A 29% decrease from a year ago, equal to a 3 months of inventory at the average number of homes sold each month in the last quarter of 4 ) Click Here for Current Properties for Sale

 

 
 
 
 
 
       
  Dec. 12 Nov. 12 % ChangeCurnt 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 12 10 20% 12 17 -29.4% 12 20 -40%
Sold 5 2 150% 5 3 66.7% 4 4 0%
Pended 0 5 -100% 0 3 -100% 3 3 0%
 
 

Average List Price at 12/31/12: $ 2.1 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 448 per sq. ft.

 
 
       
  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 467 414 12.7% 467 311 50.1% 448 476 -6%

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 0 commentsMaureen Megowan • January 18 2013 02:33PM

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