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Silver Spur Area of RPV / RHE 1st Qtr. 2014 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 1st Quarter of 2014:

Properties Sold: 9

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

26842 Fond Du Lac RD $815,000 3 2.00 1,868 $436.30 1962 SB13230498 1/13/14 21
27753 Hawthorne BL $855,000 3 2.00 1,395 $612.90 1959 PV13241893 3/17/14 91
26865 Basswood AV $857,500 3 2.00 1,460 $587.33 1958 PV13233677 1/30/14 74
26846 Basswood AV $890,000 3 2.00 1,575 $565.08 1958 SB14008546 3/21/14 42
27825 Hawthorne BL $920,000 4 2.00 1,834 $501.64 1959 PV13251230 2/14/14 152
26215 Grayslake RD $940,000 4 2.00 1,890 $497.35 1961 SB13233417 1/22/14 20
27029 Freeport RD $950,000 3 2.00 1,560 $608.97 1958 PV14030579 3/27/14 11
27025 Indian Peak RD $950,000 4 2.00 2,271 $418.32 1958 22176555 3/03/14 115
26824 Hyte RD $1,010,000 3 2.00 1,697 $595.17 1960 PV14035592 3/31/14 33
Average               $909,722 3.0 2.00 1,728 $527                                             62

 

Average Sales Price of homes sold during 1st quarter: $ .9 million

Silver Spur Homes

Properties for Sale as of 3/3/2014: 4 ( 2  months inventory of unsold homes ,

based upon the average number of homes sold per month during the quarter of 2,  

with 8 homes in escrow at the end of March) Click Here for Current Properties for Sale

 

Average List Price at 3/31/2014: $ 1.1 million

 

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 527 per sq. ft., a

12% increase from the comparable quarter last year

 
 
 
 
Properties sold at an average of 95% 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 • April 16 2014 03:52PM

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