Maureen Megowan's Blog

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PV Dr. South Area of RPV 2nd Quarter 2014 Real Estate Market Report

The Palos Verdes Dr. South area of Rancho Palos Verdes(area 169 in map below )had the following real estate market activity for single family residences during the 2nd Quarter of 2014:

Properties Sold: 5

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

6529 Beachview DR $1,025,000 3 3.00 2,447 $418.88 1987 SB13235045 5/06/14 134
3355 Palo Vista DR $2,650,000 5 5.00 5,442 $486.95 1990 PV13198996 5/15/14 182
2990 Twin Harbors View DR $3,800,000 4 6.00 6,208 $612.11 2005 S09132188 6/04/14 1,468
5500 Palos Verdes DR S $4,275,000 5 4.00 5,000 $855.00 1929 PV14019196 5/01/14 323
6490 Sea Cove DR $4,680,000 5 7.00 7,200 $650.00 1989 PV14036969 5/23/14 64
Average                $3,286,000 4.0 5.00 5,259 $625                                                  434

Average Sales Price of homes sold during 2nd quarter: $ 3.3 million

rancho palos verdes

 

Properties for Sale as of 6/30/2014 6 , equal to 3 months of inventory at the average number of homes sold each month in the last quarter of 2 ) Click Here for Current Properties for Sale

 

 

Average List Price at 6/30/2014: $2.9 million

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 625 per sq. ft.

 

Properties sold at an average of 90% 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 1 commentMaureen Megowan • July 29 2014 05:37PM

Comments

Great info. Have a terrific day ahead in addition to a fine week.

Posted by David Saks over 4 years ago

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