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Palos Verdes Dr E Area of RPV 2nd Qtr. 2014 Real Estate Market Report

The Palos Verdes Dr. East area of Rancho Palos Verdes ( area 167 in map below )had the following real estate market activity for single family residences during the 2nd Quarter of 2014 :

Properties Sold: 18 ( A 50% increase from the 12 homes sold during the 2nd quarter of 2013 )

Address Price Bd Bth Sq ft $/Sq Yr. Blt. MLS# Date of Sale Days on Market

30717 Palos Verdes DR E $780,000 3 2.00 1,815 $429.75 1960 SB14037280 5/14/14 8
2545 Sunnyside Ridge RD $865,000 4 3.00 2,536 $341.09 1966 SB14076461 5/15/14 8
6569 Via Lorenzo $975,600 4 3.00 2,505 $389.46 1966 PV14080815 6/19/14 59
29060 Clevis RD $1,203,000 4 3.00 2,134 $563.73 1959 SB14059961 4/29/14 15
3539 Newridge DR $1,250,000 4 6.00 3,549 $352.21 1972 SB14122344 6/27/14 5
6308 Via Colinita $1,308,000 5 4.00 3,684 $355.05 1961 SB14007699 5/20/14 124
4332 Via Frascati $1,375,000 4 3.00 2,280 $603.07 1963 SB14092372 6/17/14 28
3528 Newridge DR $1,400,000 3 3.00 4,614 $303.42 1988 SW14032603 4/08/14 123
6600 Via Colinita $1,420,000 4 4.00 3,100 $458.06 1996 PV14071143 6/06/14 245
6724 Via Canada $1,425,000 4 4.00 3,008 $473.74 1964 PV14064005 5/22/14 47
2621 Colt RD $1,450,000 4 3.00 3,000 $483.33 1962 PV14075002 5/27/14 150
2457 Rue Le Charlene $1,455,000 4 3.00 3,140 $463.38 1969 SB14047353 4/30/14 24
2731 Coral Ridge RD $1,525,000 4 4.00 3,842 $396.93 1965 PV14058292 5/21/14 38
3541 Starline DR $1,660,000 4 4.00 3,217 $516.01 1975 PV14039740 5/21/14 12
6412 Corsini PL $1,850,000 5 5.00 4,800 $385.42 1941 SB13233139 6/20/14 206
6112 Via Subida $1,935,000 3 2.00 3,166 $611.18 1966 SB14047740 5/22/14 67
4345 Via Frascati $2,250,000 6 9.00 5,969 $376.95 1929 PV14098123 6/26/14 25
3228 Parkhurst DR $2,350,000 4 5.00 3,903 $602.10 1960 SB14056190 6/13/14 54
Average                    $1,470,922 4.0 3.90 3,348 $440                                                69

 

Average Sales Price of homes sold during 2nd quarter: $ 1.5 million

Properties for Sale as of 6/30/2014: 25 , a 127% increase from a year ago ( 4 months inventory based upon the average of 6 homes sold per month during the quarter ). There are 5 homes in escrow at the end of June. Click Here for Current Properties for Sale

 
 
 
 
Average List Price at 6/30/2014: $ 1.6 million
 

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 440 per sq. ft. This was approx. 8% higher than one year ago

Properties sold at an average of 93% of List Price and took approx. 1 to 2 months to sell

 

 

 

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 • July 29 2014 04:48PM

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