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Los Verdes Area of Rancho Palos Verdes 3rd Quarter 2013 Real Estate Market Report

The Los Verdes area of Rancho Palos Verdes (Area 173 in map below) had the following real estate market activity for single family residences during the 3rd Quarter of 2013:

Properties Sold: 15 

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

7002 Lofty Grove DR $825,000 3 2.00 1,434 $575.31 1962 PV13144394 9/10/13 7

6774 Kings Harbor $830,000 4 2.00 1,672 $496.41 1972 PV13072032 7/15/13 93

28430 Lomo DR $875,000 3 2.00 1,716 $509.91 1964 SB13121362 8/20/13 30

6905 Cherty DR $932,000 3 2.00 1,434 $649.93 1962 PV13154930 9/20/13 51

28408 San Nicolas DR $940,000 5 3.00 2,318 $405.52 1964 PV13062889 7/17/13 79

28405 Golden Meadow DR $1,055,100 4 2.00 1,855 $568.79 1962 PV13131974 9/05/13 33

6742 Verde Ridge RD$1,085,000 4 3.00 2,420 $448.35 1972 SB13062252 8/01/13 43

28605 Blythewood $1,099,000 5 3.00 2,440 $450.41 1963 PV13131589 8/28/13 14

28424 Golden Meadow DR $1,100,000 4 3.00 2,157 $509.97 1963 PV13104683 8/01/13 16

7016 Cherty DR $1,112,000 3 2.00 1,804 $616.41 1962 PV13153827 9/06/13 3

28743 Cedarbluff DR $1,138,000 4 3.00 2,056 $553.50 1963 AR13123324 8/26/13 22

6733 Abbottswood DR $1,161,000 4 3.00 2,225 $521.80 2008 SB13118110 9/24/13 9

6241 Monero DR $1,200,000 4 3.00 2,424 $495.05 1962 12178391 9/17/13 78

28109 Ella RD $1,231,000 4 2.00 2,153 $571.76 1962 PV13097982 8/23/13 35

6550 Verde Ridge RD $1,260,000 5 4.00 3,266 $385.79 1970 SB13110381 9/18/13 87

        Average                $1,056,207 4.0 2.60 2,092 $505                                   48

 

 

Average Sales Price of homes sold during 3rd quarter: $ 1.1 million

 

Los Verdes STreet

Los Verdes Street with Ocean View

Properties for Sale as of 9/30/13:  3 ( Less than 1 months of inventory based on the average number of homes sold per month during the quarter of 5 ) Click Here for Current Properties for Sale

 
       
  Sep. 13 Aug. 13 Curnt vs. Prev Month% Change Sep. 13 Sep. 12 Curnt vs. Same Month 1 Yr Ago % Change Jul. 13 to Sep. 13 Jul. 12 to Sep. 12 Curnt vs. Same Qtr 1 Yr Ago% Change
For Sale 3 5 -40% 3 4 -25% 5 5 0%
Sold 7 6 16.7% 7 7 0% 5 4 25%
Pended 7 6 16.7% 7 2 250% 6 3 100%
 
 

Average List Price at 9/30/13: $ 1.2 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 505 per sq. ft., a 10% increase over the comparable quarter last year.

 
 
 
       
  Sep. 13 Aug. 13 Curnt vs. Prev Month % Change Sep. 13 Sep. 12 Curnt vs. Same Month 1 Yr Ago% Change Jul. 13 to Sep. 13 Jul. 12 to Sep. 12 Curnt vs. Same Qtr 1 Yr Ago% Change
Avg. Sq. Ft. Price 522.4 504.4 3.6% 522.4 441.2 18.4% 504.7 459.9 9.7%
 
 
 

Properties sold at an average of 97% 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 1 commentMaureen Megowan • October 23 2013 02:03PM

Comments

Hi Maureen,  always enjoy viewing information on other communities..Thanks for sharing with us.

Posted by Ronald DiLalla, No. Orange Cty Real Estate (Century 21 Discovery DRE 01813824) over 4 years ago

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