Palos Verdes Dr. South Area of Rancho Palos Verdes 2nd Quarter 2009 Real Estate Market Report

ByMaureen Megowan Knowledge

The Palos Verdes Dr. South area of Rancho Palos Verdes (area 169 in map below )had the following real estate market activity during the 2nd Quarter of 2009 :

Properties Sold: 4

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

4327 Admirable DR $790,000 3 2.00 1,652 $478 1956 V09046303 6/15/09 39

32282 Phantom Drive $865,000 4 2.00 2,054 $421 1963 V09017032 4/30/09 39

6523 Via Baron $1,249,000 3 4.00 3,556 $351 1984 V09039207 5/22/09 17

5 Packet RD $1,725,000 4 4.00 3,800 $454 2008 S08162302 6/25/09 199

Properties for Sale as of 6/30/09: 17

rancho palos verdes

Average List Price at 6/30/09: $ 2.4 million

Average Sales Price of homes sold during 2nd quarter: $ 1.2 million

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 426 per sq. ft.

Properties sold at an average of 97% of List Price

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