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Silver Spur Area of Rancho Palos Verdes and Rolling Hills Estates 3rd Quarter 2013 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 3rd Quarter of 2013 :

Properties Sold: 12

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

5548 Graylog ST $849,000 3 2.00 1,312 $647.10 1956 PV13144052 9/06/13 33
5310 Waupaca RD $905,000 3 2.00 1,668 $542.57 1958 PV13098842 7/09/13 8
5521 Shoreview DR $907,000 3 2.00 1,395 $650.18 1958 PV13104140 7/26/13 8
26447 Birchfield AV $912,000 3 2.00 1,291 $706.43 1956 PV13104309 8/08/13 65
26815 Shorewood RD $925,000 4 2.00 1,890 $489.42 1958 SB13131540 9/24/13 40
5323 Whitefox DR $930,000 4 2.00 1,682 $552.91 1956 SB13156234 9/06/13 2
4715 Rockbluff DR $952,000 4 2.00 2,151 $442.58 1959 PV13156278 9/06/13 7
5859 Flambeau RD $960,000 4 2.00 1,935 $496.12 1959 PV13135774 9/04/13 9
4630 Rockbluff DR $1,015,000 4 2.00 1,940 $523.20 1959 SB13131219 8/16/13 141
26705 Shorewood RD $1,060,000 3 2.00 2,174 $487.58 1958 SB13120861 8/29/13 8
26157 Barkstone $1,205,000 4 3.00 2,151 $560.20 1961 PV13109521 7/03/13 18
5531 Shoreview DR $1,300,315 3 3.00 2,195 $592.40 1959 PV13133763 9/10/13 120
Average                 $993,360 4.0 2.20 1,815 $548                                         38

 

Average Sales Price of homes sold during 3rd quarter: $ 1.0 million

Silver Spur Homes

Properties for Sale as of 9/30/13: 3, which is a 62% decrease in the number for sale this time last year ( About a 1 month inventory of unsold homes , based upon the average number of homes sold per month during the quarter of 4,  with 6 homes in escrow at the end of September) Click Here for Current Properties for Sale

 

Average List Price at 9/30/13: $ 1.0 million

 

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 548 per sq. ft., a 19% increase from 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 529.9 552.6 -4.1% 529.9 486 9% 547.8 462.1 18.5%
 
 
 
Properties sold at an average of 103% 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 • October 23 2013 02:16PM

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