The Peninsula Center area of Rancho Palos Verdes and Rolling Hills Estates (Area 175 in map below) had the following real estate market activity during the 4th Quarter of 2013 :
Properties Sold: 5
Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt.
4807 Browndeer LN $1,070,000 4 4.00 2,364 $452.62 1966 PV13161985 10/02/13 9
4726 Browndeer LN $1,125,000 4 3.00 2,189 $513.93 1966 PV13209044 11/21/13 36
4855 Elkridge DR $1,200,000 5 3.00 2,372 $505.90 1965 PV13214801 12/17/13 9
26717 Honey Creek RD $1,209,000 4 3.00 2,405 $502.70 1966 SB13157884 10/16/13 21
27634 Warrior DR $1,210,000 5 3.00 2,450 $493.88 1959 SB13149868 11/05/13 51
Average $1,162,800 4.0 3.20 2,356 $494 1964 25
Average Sales Price of homes sold during 4th quarter: $ 1.2 million
Properties for Sale as of 12/3113: 4 ( A 4 months supply ) Click Here for Current Properties for Sale
Average List Price at 12/31/13: $1.5 million
Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 494 per sq. ft., a 12% increase over the comparable quarter last year
Properties sold at an average of 98% of original 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 https://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.