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Palos Verdes Dr. South Area of Rancho Palos Verdes 2nd Quarter 2013 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 2013 : Properties Sold: 13 Address Price Bd Bth Sq ft $/Sq Y r. Blt. MLS# Date of Sale Days on Market 3931 Exultant DR $920,000 4 3.00 1,909 $481.93 1960 SB13014881 5/15/13 37 6634 Channelview CT $1,050,000 3 3.00 2,474 $424.41 1990 PV13074120 6/14/13 89 6604 Channelview CT $1,192,000 3 3.00 2,474 $481.81 1990 PV13056346 6/05/13 17 134 Seawall [...]
Peninsula Center Area of Rolling Hills Estates and Rancho Palos Verdes 2nd Quarter 2013 Real Estate Market Report
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 2nd Quarter of 2013 : Properties Sold: 9 Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt. 27793 Longhill DR $910,500 3 3.00 1,896 $480.22 1966 SB13089568 6/14/13 8 4613 Browndeer LN $1,050,000 3 2.00 2,001 $524.74 1965 PV13060610 5/24/13 9 27948 Beechgate DR $1,075,000 4 3.00 2,447 $439.31 1967 PV13055994 6/12/13 40 26630 Deepbrook DR $1,105,000 5 3.00 2,784 [...]
City of Palos Verdes Estates 2nd Quarter 2013 Real Estate Market Report
The number of homes listed for sale in the City of Palos Verdes Estates increased substantially during the second quarter of 2013 after falling to very low levels at the end of the first quarter, with the number of homes for sale now very similar to the same period last year. The average number of homes sold per month during the secod quarter fell 18% compared to last year's 2nd quarter, averaging 14 sales per month. This equates to about 3 months of inventory.The number of homes in escrow at the [...]
Mira Catalina Area of Rancho Palos Verdes 2nd Quarter 2013 Real Estate Market Report
The Mira Catalina area of Rancho Palos Verdes ( area 168 in map below ) had the following real estate market activity for single family residences during the 2nd Quarter of 2013 : Properties Sold: 7 Address Price Bd Bth Sq ft $/Sq Yr. Blt. MLS# Date of Sale Days on Market 3221 Dianora DR $905,000 4 2.00 2,011 $450.02 1962 S12100735 5/03/13 1943505 Coolheights D R $939,000 4 3.00 2,025 $463.70 1971 PV13055509 5/24/13 263237 Deluna DR $955,000 4 2.00 2,011 $474.89 1962 SB13029790 6/05/13 553332 Corinna DR $991,000 3 [...]
Palos Verdes Drive North Area of Palos Verdes Peninsula 2nd Quarter 2013 Real Estate Market Report
The Palos Verdes Drive North area of the Palos Verdes Peninsula ( area 165 in map below )had the following real estate market activity for single family residences during the 2nd Quarter of 2013: Properties Sold: 19 ( a 40% decrease over the 2nd quarter of 2012 ) Address Sales Price BR BA Sq.ft. $/Sq.ft Yr. Blt. MLS # Dale of Sale Days on Market 28 Encanto DR $840,000 3 2.00 2,112 $397.73 1960 13651455 4/25/13 92 28 Sorrel LN $849,000 5 3.00 1,820 $466.48 1947 PV13048917 6/25/13 33 6 Ranchview [...]
City of Rolling Hills 2nd Quarter 2013 Real Estate Market Report
The City of Rolling Hills ( area 166 in map below ) had the following real estate market activity for single family residences during the 2nd Quarter of 2013: Properties Sold: 13 ( Compared to 5 sales in the comparable quarter last year ) Address Sales Price Bd Bth Sqft $/Sq Yr Built ML# Sold Date Days to Sell 26 Eastfield DR $1,100,000 3 3.00 2,256 $487.59 1965 S12025198 4/26/13 06 Running Brand RD $1,300,000 3 4.00 3,368 $385.99 1978 PV13067689 6/29/13 57730 Chuckwagon RD $1,354,500 4 3.00 2,557 $529.72 1958 [...]
Valmonte Area of Palos Verdes Estates 2nd Quarter 2013 Real Estate Market Report
The Valmonte area of Palos Verdes Estates ( Area 164 in map below ) had the following real estate market activity for single family residences during the 2nd Quarter of 2013: Properties Sold: 8 Address Sales Price Bd Bth Sqft $/Sq Yr Built ML# Sold Date Days on Market 3717 Via La Selva $977,000 3 2.00 1,461 $668.72 1952 PV13072766 6/10/13 1 4016 Via Nivel $995,000 3 2.00 1,456 $683.38 1955 PV13060912 4/30/13 5 204 Via Navajo $1,130,000 3 2.00 1,813 $623.28 1952 SB13041084 4/15/13 36 2517 Via Anita $1,360,000 4 [...]
Palos Verdes Peninsula ( All Cities ) 2nd Quarter 2013 Single Family Real Estate Market Report
The single family home market on the Palos Verdes Peninsula continues to be strong. Low inventory levels of homes for sale, combined with continuing historically low interest rates (although rates have increased about 1 percentage point) leading to good buyer activity, has created an environment where many homes are receiving multiple offers. The 155 properties listed for sale for the overall Palos Verdes Peninsula at the end of June is approx. 21% lower than the comparable time last year. Single Family home sales for the overall Palos Verdes Peninsula Real Estate [...]
Palos Verdes Peninsula ( All Cities ) 2nd Quarter 2013 Condo and Townhome Real Estate Market Report
The inventory of unsold condos and townhomes on the Palos Verdes Peninsula of 29 units has shrunk significantly over the last 12 months, and is down approx. 37% compared to a year ago. The average number of sales per month over the last 3 months of 18 units per month is 6% higher than the comparable period a year ago. There are 15 units in escrow at the end of June. Click here for a current search for condos and townhomes available for purchase on the Palos Verdes Peninsula.. Jun. 13 [...]
Harden House for Sale
Harden House for Sale An historical estate in Rancho Palos Verdes known as "the Harden House" is currently on the market for sale for approx. $5 million. Across the street from the Portuguese Bend Gatehouse and the entrance to the Portuguese Bend community, the Harden House sits behind another beautiful Gatehouse. The gatehouse was an exact duplicate of a gate house architects employed by Frank Vanderlip photographed in Italy. Frank Vanderlip purchased the entire Palos Verdes Peninsula in 1913. This house was built by Vanderlip's beloved sister Ruth and her husband [...]
Malaga Cove Summer Concert Series
The Malaga Cove Business & Professional Association, in cooperation with the Palos Verdes Police Officers Association, is proud to present Concerts in the Park 2012. The concerts will take place every Wednesday night, beginning July 11 and running through Aug. 29, at Farham Martins Park adjacent to the Malaga Cove Library. The music starts at 7 p.m., but concertgoers may arrive at the park as early as 3 p.m. to spread a blanket and claim a prime parking spot. The Malaga Cove Library is located at 2400 Via Campesina in Palos [...]
Interest rates dip
Interest rates moved up slightly this week, and have increased about 1 percentage point over the last month from their historic lows.The following are excerpts from the newsletter on interest rates published by HSH Associates : "Mortgage rates managed to ease back this week, but don't get used to them heading in that direction. A solid employment report on Friday was sufficient to stem the slight downward move in that direction which was in place for most of this week. Without some softer economic data to offset the job report, mortgage [...]
EARLY EUROPEAN EXPLORATION OF THE SOUTH BAY
The following is one of a series of articles I have written in a series titled "South Bay History Tid-Bits": Portuguese explorer, Juan Rodriguez Cabrillo, while sailing under the flag of Spain, was the first European to set eyes upon the barren hills and plains of what was to be Rancho San Pedro. He is believed to be the first European to explore the California coast. He was either of Portuguese or Spanish background, although his origins remain unclear. In June 1542 Cabrillo led an expedition in two ships of his [...]
A Sad Day – Tom Bergins Closes
It was a sad day yesterday when a Los Angeles institution closed it's door for the last time. Tom Bergin's , the venerable Irish pub on Fairfax Blvd closed down last night after giving their patrons only 4 days notice. My husband and I met there 35 years ago, and had our shamrocks hung over the spot where we met at the circular bar that looks like it came from the Cheers bar, and which some people say was the inspiration for Cheers. We got there at 7 pm planning to [...]
$53 Million Rolling Hills Mansion Listed for Sale
You may be curious about the new listing of the most expensive home ever listed on the Palos Verdes Peninsula Hacienda de la Paz (click this link for additional photos). The $53 million mansion, which recently went to market, meets local building codes in the gated city of Rolling Hills by keeping to one story. But those rules don €™t say a word about building underground. What €™s not visible from the street are five magnificent subterranean levels on 50,000 square feet accessible by labyrinthine passageways, two elevators and secret stairs. [...]