Maureen Megowan's Blog

head_left_image

Silver Spur Area of Rancho Palos Verdes and Rolling Hills Estates 4th Quarter 2012 Real Estate Market Report

The Silver Spur area of Rancho Palos Verdes and Rolling Hills Estates (Area 176 in map below) had the following real estate market activity for single family residences during the 4th Quarter of 2012 :

Properties Sold: 17

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

27057 Springcreek RD       $925,000 3 2.00   1,612 $573.82     1960 V12124548      11/30/12       56

26628 Whitehorn DR  $960,000 4 3.00 2,525 $380.20 1961 V12082100 10/26/12   116

5417 Littlebow RD      $970,000 4 2.00 1,682 $576.69 1957 S12114006 10/17/12      9

5865 Flambeau RD     $999,999 4 2.00 1,890 $529.10 1959 V12118990 12/28/12     73

26511 Dunwood RD$ 1,140,000 4 4.00 2,082 $547.55 1956 V12103882 11/21/12     73

25 Rollingwood DR  $1,150,000 3 2.00 2,010 $572.14 1956 PV12128392 11/19/12    22

26609 Lightfoot PL  $1,537,500 5 4.00 2,367 $649.56 1960 V12076634   10/22/12    57

5561 Littlebow RD      $735,000 3 2.00 1,358 $541.24 1957 V12090041   11/09/12  184

5824 Ironwood ST      $739,000 3 2.00 1,395 $529.75 1961 SB12144429 12/20/12     2

27811 Hawthorne BL   $800,000 4 2.00 1,816 $440.53 1961 S12105598  10/25/12    49

37 Rollingwood DR      $800,000 4 3.00 2,028 $394.48 1956 S12038371  10/31/12   208

5532 Elmbank RD       $805,000 3 2.00 1,748 $460.53 1956 V12112457  11/27/12     66

5128 Elmdale DR         $831,500 3 2.00 1,675 $496.42 1956 S12119119 12/20/12     45

5808 Flambeau RD      $857,500 4 2.00 1,890 $453.70 1959 V12076251  11/09/12   122

26315 Barkstone DR    $865,000 4 2.00 2,016 $429.07 1961 IN12139751 12/31/12    36

5031 Willow Wood RD  $888,888 3 2.00 1,536 $578.70 1956 S12080564   10/15/12   100

27112 Mesaba DR                $912,500 4 2.00 1,890 $482.80 1958            V12115791 12/11/12         73

Average                        $936,287 4.0 2.40 1,854 $503                                             76

 

Average Sales Price of homes sold during 4th quarter: $ .9 million

Silver Spur Homes

Properties for Sale as of 12/31/12:  3  , which is a 73% decrease in the number for sale this time last year ( Less than a 1 month inventory of unsold homes , with 7 homes in escrow) Click Here for Current Properties for Sale

 

Average List Price at 12/31/12: $ .9 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 3 6 -50% 3 11 -72.7% 5 11 -54.5%
Sold 4 6 -33.3% 4 3 33.3% 5 4 25%
Pended 7 5 40% 7 5 40% 6 4 50%
 
 
 
 
 

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 503 per sq. ft., a 24% 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 480 524 -8.5% 480 480 -0.1% 503 407 23.6%
 
 
 
 
Properties sold at an average of 94% 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 21 2013 01:11PM

Comments

This blog does not allow anonymous comments