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West Palos Verdes area of RPV 1st Quarter 2014 Market Report

The West Palos Verdes area of Rancho Palos Verdes ( area 170 in map below ) had the following real estate market activity for single family residences during the 1st Quarter of 2014:

Properties Sold: 4

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

30944 Rue De La Pierre $1,323,000 4 3.00 2,898 $456.52 1969 SB14028587 3/21/14 10
51 Paseo Del La Luz $5,400,000 5 8.00 7,699 $701.39 1999 SB13130013 1/28/14 189
37 Via Del Cielo $5,500,000 6 8.00 8,095 $679.43 2006 PV13242289 3/05/14 40
51 Via Del Cielo $6,080,000 5 8.00 8,547 $711.36 2008 PV12154567 1/14/14 363
Average            $4,575,750 5.0 6.80 6,810 $664                                         151

 

Average Sales Price of homes sold during 1st quarter: $ 4.5 million (The sales statistics for homes in the West Palos Verdes area

may be distorted due to the fact that homes in the Ocean Front Estates next to the ocean are high end estate properties

while the rest of the area to the east of Palos Verdes Drive tend to be more moderately priced older homes.)

 

 

West Palos Verdes

 

Properties for Sale as of 3/31/2014: 6( About 5 months of inventory based upon the average number of homes sold per month during the last quarter of 2 ) Click Here for Current Properties for Sale

 

 

Average List Price at 3/31/2014: $ 6.8 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 664 per sq. ft.

 

Properties sold at an average of 92% of Original List Price

 

Note: The sales statistics for homes in the West Palos Verdes area may be distorted due to the fact that homes in the Ocean Front Estates next to the ocean are high end estate properties while the rest of the area to the east of Palos Verdes Drive tend to be more moderately priced older homes.

 

 

 

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 • April 15 2014 02:09PM

Comments

This is a fine post with lots of great information.

Posted by David Saks over 4 years ago

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